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Spain Exports (% GDP)

Spain's exports (% GDP) fell to 37.29% in 2024, down from 38.06% in 2023, according to World Bank. This represents a decrease of 0.77% from the previous year. Spain has exports (% GDP) higher than the global median (37.29% vs median 37.25%). Compared with the median in Europe, Spain is lower (37.29% vs regional median 53.65%) and ranks 35th out of 44 countries in Europe.

Spain's imports (% GDP) fell to 33.01% in 2024, down from 34.13% in 2023.

Yearly Historical Data (1970-2024)

(in %)
Year Exports (% GDP)
2024 37.29%
2023 38.06%
2022 39.76%
2021 33.76%
2020 30.48%
2019 34.68%
2018 34.87%
2017 34.9%
2016 33.58%
2015 33.3%
2014 33.22%
2013 32.76%
2012 31.3%
2011 29.39%
2010 25.83%
2009 22.99%
2008 25.55%
2007 25.92%
2006 25.18%
2005 24.94%
2004 25.39%
2003 25.62%
2002 26.56%
2001 27.88%
2000 28.59%
1999 26.39%
1998 26.15%
1997 25.72%
1996 23.07%
1995 21.87%
1994 20.35%
1993 17.74%
1992 16.22%
1991 15.79%
1990 15.75%
1989 16.63%
1988 17.33%
1987 17.76%
1986 18.23%
1985 20.9%
1984 21.34%
1983 19.11%
1982 17.01%
1981 16.31%
1980 14.32%
1979 13.73%
1978 13.9%
1977 13.28%
1976 12.59%
1975 12.4%
1974 13.21%
1973 13.35%
1972 13.36%
1971 13.04%
1970 12.15%
Spain Exports (% GDP) : Definition
Exports (% GDP) measures the value of goods and services sold abroad by Spain compared to its total economic output.
Indicator Last Value Prior Value Period
Annual Exports $403.7B $420.17B 2024
Annual Imports $451.3B $469.04B 2024
Balance of Trade -€6B -€4B Aug'25
Exports €24.4B €34.4B Aug'25
FDI Inflows (% GDP) 1.89% 2.65% 2024
Imports €30.3B €38.4B Aug'25
Imports (% GDP) 33.01% 34.13% 2024
Net Trade (Goods & Services, BoP) $73.86B $63.7B 2024
Tariff Rate 1.95% 2.24% 2022
Trade (% GDP) 70.31% 72.19% 2024