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2022
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Exports $3.09BRnk 21 / 218
2022
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Top Product $292MPig Meat
2022
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Exports $2.9BRnk 11 / 196
2022
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Top Product $379MCars
2022
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Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
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Economic Complexity (ECI) ECI 1.03Rnk 26 / 133
2022
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GDP$1.4TCURRENT US$
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2012-2022
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GDP GROWTH5.49%CURRENT US$
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2022
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 GDP$301BCURRENT US$
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2012-2022
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GDP GROWTH68.2%CURRENT US$
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2022
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GDP PC $29,350CURRENT US$
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2012-2022
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GDP PC GROWTH3.63%CURRENT US$
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2022
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GDP PC$15,892CURRENT US$
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2012-2022
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GDP PC GROWTH77.9%CURRENT US$
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About

Spain-Romania In 2022, Spain exported $3.09B to Romania. The main products that Spain exported to Romania are Pig Meat ($292M), Cars ($224M), and Spark-Ignition Engines ($169M). During the last 27 years the exports of Spain to Romania have increased at an annualized rate of 13.7%, from $95.6M in 1995 to $3.09B in 2022.

In 2009, Spain exported services to Romania worth $158M, with Services not allocated ($158M) being the largest in terms of value.

Romania-Spain In 2022, Romania exported $2.9B to Spain. The main products that Romania exported to Spain were Cars ($379M), Corn ($308M), and Motor vehicles; parts and accessories (8701 to 8705) ($240M). During the last 27 years the exports of Romania to Spain have increased at an annualized rate of 12.4%, from $123M in 1995 to $2.9B in 2022.

In 2020, Romania exported services to Spain worth $853M, with Transportation ($639M), Travel ($60.9M), and Other business services ($53.3M) being the largest in terms of value.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). That same year, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Latest Trends

February, 2024

About

Overview In February 2024, Spain exported €294M and imported €254M from Romania, resulting in a positive trade balance of €40.7M. Between February 2023 and February 2024 the exports of Spain have increased by €60.3M (25.8%) from €234M to €294M, while imports increased by €49.9M (24.5%) from €204M to €254M.

Trade In February 2024, the top exports of Spain to Romania were Pig Meat (€24.4M), Motor vehicles; parts and accessories (8701... (€15M), Cars (€14.4M), Pesticides (€4.48M), and Non-Knit Women's Suits (€4.13M). In February 2024 the top imports of Spain from Romania were Refined Petroleum (€32.8M), Cars (€26M), Motor vehicles; parts and accessories (8701... (€23.1M), Corn (€9.66M), and Rubber Tires (€7.4M).

Origins In February 2024 the exports of Spain were mainly from Barcelona (€56.5M), Valladolid (€54.8M), A Coruña (€23.2M), Valencia (€17M), and Zaragoza (€15.5M), while imports destinations were mainly Valladolid (€69.5M), Valencia (€51.6M), Barcelona (€31.8M), Madrid (€27.9M), and Zaragoza (€11.9M).

Growth In February 2024, the increase in Spain's year-by-year exports to Romania was explained primarily by an increase in product exports in Pig Meat (€11.5M or 89.5%), Iron Blocks (€2.31M or 1.65k%), and Motor vehicles; parts and accessories (8701... (€1.8M or 13.7%). In February 2024, the increase in Spain's year-by-year imports  from Romania was explained primarily by an increase in product imports  in Refined Petroleum (€32.8M or 143k%), Motor vehicles; parts and accessories (8701... (€5.16M or 28.7%), and Packaged Medicaments (€1.92M or 571%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)€60.3M(25.8%)
IMPORT GROWTH (February 2023 - February 2024)€49.9M(24.5%)
MAIN EXPORTER (February 2024)Barcelona€56.5M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Romania and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $3.09B to Romania. The main products exported from Spain to Romania were Pig Meat ($292M), Cars ($224M), and Spark-Ignition Engines ($169M). During the last 27 years the exports of Spain to Romania have increased at an annualized rate of 13.7%, from $95.6M in 1995 to $3.09B in 2022.

In 2022, Romania exported $2.9B to Spain. The main products exported from Romania to Spain were Cars ($379M), Corn ($308M), and Motor vehicles; parts and accessories (8701 to 8705) ($240M). During the last 27 years the exports of Romania to Spain have increased at an annualized rate of 12.4%, from $123M in 1995 to $2.9B in 2022.

Exports from Spain (Flag) to Romania (Flag) (2022)

Exports from Romania (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Romania
Top DestinationGermany$18.8B

This map shows whether countries import more from Spain or Romania. Each country is colored based on the difference in imports they receive from Spain and Romania or the difference in the growth in imports.

In 2021, countries that imported more from Spain than Romania were France ($65.2B), Portugal ($34.9B), and Italy ($32.1B).

In 2021, countries that imported more from Romania than Spain were Hungary ($6.75B), Bulgaria ($3.9B), and Moldova ($2.14B).

Difference in imports from Romania (Flag) and Spain (Flag) (2022)

Comparative Advantage Spain - Romania

Flow
Scale

This chart compares trade between Spain and Romania by product, considering products traded by both, Spain and Romania.

During 2022, Spain had a large net trade with Romania in the exports of Machines ($687M), Transportation ($454M), and Animal Products ($348M).

During 2022, Romania had a large net trade with Spain in the exports of Transportation ($657M), Machines ($578M), and Vegetable Products ($492M).

Service Trade

Bilateral Service Trade

In 2009, Spain exported services to Romania worth $158M, with Services not allocated ($158M) being the largest in terms of value.

In 2020, Romania exported services to Spain worth $853M, with Transportation ($639M), Travel ($60.9M), and Other business services ($53.3M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Spain (Flag) to Romania (Flag) (2009)

Services Exports from Romania (Flag) to Spain (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Spain has comparative advantage over Romania. Similarly, the more yellow a dot/product is, the more Romania has comparative advantage over Spain.

Product Space of Spain (Flag) and Romania (Flag) (2022)

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