2022
Flag  
GDP
$22BCURRENT US$
Rnk 111 / 186
2012-2022
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GDP GROWTH
-49.1%CURRENT US$
Rnk 185 / 186
2022
Flag
 GDP
$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH
5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
GDP PC 
$31,618CURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP PC GROWTH
-57.3%CURRENT US$
Rnk 184 / 186
2022
Flag
GDP PC
$29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH
3.63%CURRENT US$
Rnk 132 / 186

About

Macau-Spain Trade: In 2022, Macau exported $2.32M to Spain. The main products that Macau exported to Spain were Knit Sweaters ($374k), Motor vehicles; parts and accessories (8701 to 8705) ($357k), and Knit Women's Suits ($234k). Over the past 5 years the exports of Macau to Spain have decreased at an annualized rate of 6.02%, from $3.17M in 2017 to $2.32M in 2022.

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

Spain-Macau Trade: In 2022, Spain exported $55.7M to Macau. The main products that Spain exported to Macau were Trunks and Cases ($24.3M), Precious Metal Watches ($2.17M), and Packaged Medicaments ($1.71M). Over the past 5 years the exports of Spain to Macau have increased at an annualized rate of 11.2%,  from $32.8M in 2017 to $55.7M in 2022.

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

Comparison In 2022,  Macau ranked 146 in total exports ($1.88B), and does not have data regarding Economic Complexity Index. That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Macau exported $2.32M to Spain. The main products exported from Macau to Spain were Knit Sweaters ($374k), Motor vehicles; parts and accessories (8701 to 8705) ($357k), and Knit Women's Suits ($234k). During the last 5 years the exports of Macau to Spain have decreased at an annualized rate of 6.02%, from $3.17M in 2017 to $2.32M in 2022.

In 2017, Spain exported $55.7M to Macau. The main products exported from Spain to Macau were Trunks and Cases ($24.3M), Precious Metal Watches ($2.17M), and Packaged Medicaments ($1.71M). During the last 5 years the exports of Spain to Macau have increased at an annualized rate of 11.2%, from $32.8M in 2022 to $55.7M in 2017.

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

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

Latest Data

Trade between Macau (Flag) and Spain (Flag)

Macau Exports

Spain Exports

Market Competitiveness

Color
Macau
Top Destination
Hong Kong$1.22B
Spain
Top Destination
France$65.2B

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

In 2022, countries that imported more from Macau than Spain included Hong Kong ($1.22B).

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

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

Comparative Advantage Macau - Spain

Flow
Scale

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

During 2022, Macau had a large net trade with Spain in the exports of Textiles ($1.18M), Transportation ($357k), and Machines ($266k).

During 2017, Spain had a large net trade with Macau in the exports of Animal Hides ($25.5M), Textiles ($8.11M), and Chemical Products ($4.33M).

Economic Complexity

Competitive Landscape

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

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

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