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Trade between Russia and Spain

In 2024, Russia exported $2.6 billion to Spain and imported $815 million. Russia ran a surplus of $1.8 billion with Spain, compared with a surplus of $620 million in 2019. Spain was Russia’s 27th largest trading partner (0.6% of its trade), and Russia was Spain’s 38th (0.4%).

Summary

Russia → Spain
$2.6billion
Spain → Russia
$815million
Russia’s balance
$1.8billion

Balance

Russia’s trade balance with Spain

Trade between Russia and Spain grew 89% since 1995

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

  • Exports 2.6
  • Imports 0.8
  • Balance +1.8

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$1.4 billion$379 million$1.1 billion
1996$1.1 billion$564 million$578 million
1997$1.2 billion$800 million$353 million
1998$986 million$593 million$393 million
1999$1.2 billion$369 million$782 million
2000$1.9 billion$490 million$1.4 billion
2001$1.6 billion$627 million$964 million
2002$2.1 billion$729 million$1.4 billion
2003$2.7 billion$942 million$1.7 billion
2004$4.1 billion$1.1 billion$3 billion
2005$6 billion$1.4 billion$4.5 billion
2006$8.2 billion$2.1 billion$6.1 billion
2007$9.4 billion$3.2 billion$6.2 billion
2008$7.4 billion$4.4 billion$3.1 billion
2009$5.8 billion$2.4 billion$3.3 billion
2010$7.4 billion$3.1 billion$4.4 billion
2011$9.8 billion$4.1 billion$5.7 billion
2012$9.3 billion$4.7 billion$4.6 billion
2013$10.2 billion$4.6 billion$5.5 billion
2014$7.9 billion$4.2 billion$3.7 billion
2015$3.8 billion$2.6 billion$1.1 billion
2016$3.1 billion$2.6 billion$542 million
2017$3.3 billion$3.2 billion$135 million
2018$3.3 billion$3.2 billion$65 million
2019$3.7 billion$3.1 billion$620 million
2020$2.6 billion$2.9 billion-$329 million
2021$6.8 billion$3.5 billion$3.4 billion
2022$8 billion$1.4 billion$6.7 billion
2023$3.4 billion$919 million$2.5 billion
2024$2.6 billion$815 million$1.8 billion

What they sell each other

What Russia sells to Spain

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

  1. Natural gas and LPG$2.1 billion · 80.7%
    4 million tonnes
  2. Unwrought aluminum$148 million · 5.7%
    59 thousand tonnes · Russia’s destinations
  3. Mixed fertilizers$79 million · 3%
    163 thousand tonnes
  4. Nitrogen fertilizers$65 million · 2.5%
    199 thousand tonnes
  5. Refined copper$45 million · 1.7%
    4 thousand tonnes · Russia’s destinations
  6. Direct-reduced iron$39 million · 1.5%
    112 thousand tonnes
  7. Fish fillets$12 million · 0.47%
    2 thousand tonnes
  8. Rye$12 million · 0.46%
    64 thousand tonnes
  9. Titanium$12 million · 0.45%
    183 tonnes
  10. Pig iron$11 million · 0.43%
    26 thousand tonnes

What Spain sells to Russia

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

  1. Canned vegetables$83 million · 10.2%
    37 thousand tonnes
  2. 2 thousand tonnes · Spain’s destinations
  3. Perfumes$65 million · 8%
    1 thousand tonnes · Spain’s destinations
  4. Vaccines, blood and antisera$33 million · 4.1%
    108 tonnes · Spain’s destinations
  5. Cocoa powder$33 million · 4%
    9 thousand tonnes
  6. Olive oil$31 million · 3.9%
    3 thousand tonnes · Spain’s destinations
  7. Ceramic tiles$30 million · 3.7%
    34 thousand tonnes
  8. 372 tonnes
  9. Makeup and skin care$27 million · 3.3%
    722 tonnes · Spain’s destinations
  10. Eggs in shell$26 million · 3.2%
    3 thousand tonnes

How it travels

Estimated sea route from Saint Petersburg to Valencia.

The estimated sea route between Saint Petersburg and Valencia is 3,142 nautical miles (5,818 km) long: ≈ 7.5–9.5 days at sea (at 18 and 14 knots).

Passages it crosses: Øresund, Strait of Dover and Strait of Gibraltar.

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$3.2 billion · 94.3%
  2. Air$194 million · 5.7%

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

How much each matters to the other

Spain was Russia’s 27th largest trading partner (0.6% of its trade), and Russia was Spain’s 38th (0.4%).

Spain in Russia’s trade
0.6%
Spain’s rank among Russia’s partners
27th
Russia in Spain’s trade
0.4%
Russia’s rank among Spain’s partners
38th

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.