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Trade between Australia and Spain

In 2024, Australia exported $608 million to Spain and imported $2.5 billion. Australia ran a deficit of $1.9 billion with Spain, compared with a deficit of $1.4 billion in 2019. Spain was Australia’s 26th largest trading partner (0.5% of its trade), and Australia was Spain’s 43rd (0.4%).

Summary

Australia → Spain
$608million
Spain → Australia
$2.5billion
Australia’s balance
-$1.9billion

Balance

Australia’s trade balance with Spain

Trade between Australia and Spain grew 4.6-fold since 1995

USD billions (current). Australia’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 0.6
  • Imports 2.5
  • Balance -1.9

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$289 million$388 million-$99 million
1996$282 million$403 million-$121 million
1997$354 million$419 million-$64 million
1998$413 million$448 million-$35 million
1999$388 million$433 million-$45 million
2000$499 million$433 million$65 million
2001$484 million$437 million$48 million
2002$434 million$556 million-$122 million
2003$544 million$750 million-$206 million
2004$627 million$1 billion-$389 million
2005$854 million$1.1 billion-$219 million
2006$1.1 billion$1.1 billion-$28 million
2007$1.1 billion$1.7 billion-$539 million
2008$1.2 billion$1.8 billion-$678 million
2009$502 million$1.4 billion-$883 million
2010$872 million$1.7 billion-$788 million
2011$1.2 billion$2.2 billion-$988 million
2012$763 million$3 billion-$2.2 billion
2013$526 million$2.8 billion-$2.3 billion
2014$817 million$2 billion-$1.2 billion
2015$521 million$1.7 billion-$1.2 billion
2016$554 million$1.5 billion-$988 million
2017$717 million$1.9 billion-$1.2 billion
2018$724 million$2 billion-$1.3 billion
2019$544 million$1.9 billion-$1.4 billion
2020$443 million$1.8 billion-$1.3 billion
2021$701 million$2.4 billion-$1.7 billion
2022$1 billion$2.1 billion-$1.1 billion
2023$944 million$2.3 billion-$1.4 billion
2024$608 million$2.5 billion-$1.9 billion

What they sell each other

What Australia sells to Spain

The top 10 headings in 2024, with their share of the total.

  1. Coal$268 million · 44%
    1.2 million tonnes · Australia’s destinations
  2. Zinc ore$66 million · 10.9%
    68 thousand tonnes · Australia’s destinations
  3. 28 thousand tonnes
  4. Unwrought nickel$19 million · 3.1%
    1 thousand tonnes
  5. Unwrought aluminum$18 million · 3%
    8 thousand tonnes · Australia’s destinations
  6. 337 tonnes
  7. 5 thousand tonnes
  8. 283 tonnes
  9. 35 tonnes
  10. Activated carbon$6 million · 0.92%
    4 thousand tonnes

What Spain sells to Australia

The top 10 headings in 2024, with their share of the total.

  1. Transformers and power supplies$294 million · 11.7%
    11 thousand tonnes
  2. Olive oil$190 million · 7.6%
    22 thousand tonnes · Spain’s destinations
  3. Cars$145 million · 5.8%
    11 thousand tonnes · Spain’s destinations
  4. 2 thousand tonnes · Spain’s destinations
  5. New tires$103 million · 4.1%
    5 thousand tonnes · Spain’s destinations
  6. Perfumes$86 million · 3.4%
    2 thousand tonnes · Spain’s destinations
  7. Trucks$81 million · 3.2%
    8 thousand tonnes · Spain’s destinations
  8. 4 thousand tonnes
  9. 1 thousand tonnes
  10. Vaccines, blood and antisera$62 million · 2.5%
    113 tonnes · Spain’s destinations

How it travels

Estimated sea route from Sydney to Valencia.

The estimated sea route between Sydney and Valencia is 12,609 nautical miles (23,351 km) long: ≈ 29–37.5 days at sea (at 18 and 14 knots).

Because of the 2024 disruptions, traffic is split: 85% via the Cape of Good Hope and the Strait of Gibraltar (12,609 nautical miles); and 15% via the Bab-el-Mandeb Strait and the Suez Canal (10,351 nautical miles).

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$2.5 billion · 80.1%
  2. Air$623 million · 19.9%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Spain was Australia’s 26th largest trading partner (0.5% of its trade), and Australia was Spain’s 43rd (0.4%).

Spain in Australia’s trade
0.5%
Spain’s rank among Australia’s partners
26th
Australia in Spain’s trade
0.4%
Australia’s rank among Spain’s partners
43rd

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.