2022
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GDP
$1.4TCURRENT US$
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2012-2022
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GDP GROWTH
5.49%CURRENT US$
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2022
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 GDP
$20.7BCURRENT US$
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2012-2022
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GDP GROWTH
20.8%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 GROWTH
3.63%CURRENT US$
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2022
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GDP PC
$1,267CURRENT US$
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2012-2022
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GDP PC GROWTH
-1.8%CURRENT US$
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About

Spain-Zimbabwe Trade: In 2022, Spain exported $10.5M to Zimbabwe. The main products that Spain exported to Zimbabwe were High-voltage Protection Equipment ($1.03M), Other live plants, cuttings and slips; mushroom spawn ($771k), and Excavation Machinery ($511k). Over the past 5 years the exports of Spain to Zimbabwe have decreased at an annualized rate of 7.41%, from $15.4M in 2017 to $10.5M in 2022.

In 2022, Spain did not export any services to Zimbabwe.

Zimbabwe-Spain Trade: In 2022, Zimbabwe exported $23.2M to Spain. The main products that Zimbabwe exported to Spain were Citrus ($9.56M), Ferroalloys ($5.76M), and Granite ($4.55M). Over the past 5 years the exports of Zimbabwe to Spain have increased at an annualized rate of 12.1%,  from $13.1M in 2017 to $23.2M in 2022.

In 2022, Zimbabwe did not export any services to Spain.

Comparison: In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). That same year, Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $10.5M to Zimbabwe. The main products exported from Spain to Zimbabwe were High-voltage Protection Equipment ($1.03M), Other live plants, cuttings and slips; mushroom spawn ($771k), and Excavation Machinery ($511k). During the last 5 years the exports of Spain to Zimbabwe have decreased at an annualized rate of 7.41%, from $15.4M in 2017 to $10.5M in 2022.

In 2017, Zimbabwe exported $23.2M to Spain. The main products exported from Zimbabwe to Spain were Citrus ($9.56M), Ferroalloys ($5.76M), and Granite ($4.55M). During the last 5 years the exports of Zimbabwe to Spain have increased at an annualized rate of 12.1%, from $13.1M in 2022 to $23.2M in 2017.

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

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

Market Competitiveness

Color
Spain
Top Destination
France$65.2B
Zimbabwe
Top Destination
United Arab Emirates$4.78B

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

In 2022, countries that imported more from Spain than Zimbabwe included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, countries that imported more from Zimbabwe than Spain included United Arab Emirates ($4.78B), Mozambique ($191M), and Zambia ($102M).

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

Comparative Advantage Spain - Zimbabwe

Flow
Scale

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

During 2022, Spain had a large net trade with Zimbabwe in the exports of Machines ($5.82M), Chemical Products ($801k), and Vegetable Products ($772k).

During 2017, Zimbabwe had a large net trade with Spain in the exports of Vegetable Products ($10.6M), Mineral Products ($5.85M), and Metals ($5.77M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Zimbabwe+$596kExcavation Machinery
Top Product Potential Zimbabwe Spain+$5.02MFerroalloys

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Spain and Zimbabwe. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Zimbabwe. Similarly, a dot/product with the flag of Zimbabwe indicates it has a comparative advantage over Spain.

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

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