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ESPOverview In 2023, Spain was the number 15 economy in the world in terms of GDP (current US$), the number 16 in total exports, the number 14 in total imports, the number 40 economy in terms of GDP per capita (current US$) and the number 31 most complex economy according to the Economic Complexity Index (ECI) .
Exports The top exports of Spain are Cars ($43.2B), Packaged Medicaments ($16.9B), Refined Petroleum ($14.3B), Motor vehicles; parts and accessories (8701 to 8705) ($13.1B), and Delivery Trucks ($7.87B), exporting mostly to France ($61.9B), Germany ($40.2B), Portugal ($38.1B), Italy ($34.7B), and United Kingdom ($25.5B).
In 2023, Spain was the world's biggest exporter of Pig Meat ($6.54B), Pure Olive Oil ($4.69B), Citrus ($3.75B), Cucumbers ($1.06B), and Lettuce ($1.03B)
Imports The top imports of Spain are Crude Petroleum ($35.7B), Cars ($23.5B), Petroleum Gas ($15.8B), Motor vehicles; parts and accessories (8701 to 8705) ($15.5B), and Packaged Medicaments ($14B), importing mostly from Germany ($50.4B), China ($47.2B), France ($43B), Italy ($30.1B), and United States ($29.9B).
In 2023, Spain was the world's biggest importer of Olive Oil ($187M), Tar ($154M), Fat and Oil Residues ($93.9M), and Wine Lees ($4.97M)
Location Spain borders Andorra, France, Morocco, Portugal, and Gibraltar by land and Algeria and Italy by sea.
