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Trade between Spain and the United Kingdom

In 2024, Spain exported $26.3 billion to the United Kingdom and imported $10.6 billion. Spain ran a surplus of $15.7 billion with the United Kingdom, compared with a surplus of $8.8 billion in 2019. The United Kingdom was Spain’s 7th largest trading partner (4% of its trade), and Spain was the United Kingdom’s 8th (3%).

Summary

Spain → United Kingdom
$26.3billion
United Kingdom → Spain
$10.6billion
Spain’s balance
$15.7billion

Balance

Spain’s trade balance with the United Kingdom

Trade between Spain and the United Kingdom grew 2.3-fold since 1995

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

  • Exports 26.3
  • Imports 10.6
  • Balance +15.7

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$7.2 billion$9 billion-$1.8 billion
1996$8.5 billion$10.6 billion-$2 billion
1997$8.9 billion$10.2 billion-$1.4 billion
1998$9.7 billion$10.7 billion-$938 million
1999$9.8 billion$11.2 billion-$1.5 billion
2000$10.2 billion$11.3 billion-$1.1 billion
2001$10.3 billion$11.1 billion-$864 million
2002$13.1 billion$11.3 billion$1.8 billion
2003$14.9 billion$13.7 billion$1.1 billion
2004$17 billion$16.2 billion$862 million
2005$17.6 billion$16.8 billion$866 million
2006$20 billion$17.5 billion$2.5 billion
2007$21.6 billion$19.6 billion$2 billion
2008$19.7 billion$18.7 billion$1 billion
2009$14.7 billion$13.8 billion$921 million
2010$16.4 billion$14.5 billion$1.9 billion
2011$18.4 billion$15 billion$3.4 billion
2012$17.1 billion$13.5 billion$3.5 billion
2013$21.3 billion$13.3 billion$8 billion
2014$22.3 billion$14.9 billion$7.3 billion
2015$21.8 billion$14.3 billion$7.5 billion
2016$21.9 billion$12.6 billion$9.3 billion
2017$20.8 billion$13 billion$7.8 billion
2018$22.5 billion$13.7 billion$8.8 billion
2019$22.2 billion$13.4 billion$8.8 billion
2020$19 billion$10.8 billion$8.2 billion
2021$20.6 billion$10.2 billion$10.3 billion
2022$23.4 billion$11.7 billion$11.7 billion
2023$25.5 billion$11.4 billion$14.2 billion
2024$26.3 billion$10.6 billion$15.7 billion

What they sell each other

What Spain sells to the United Kingdom

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

  1. Cars$5 billion · 19%
    311 thousand tonnes · Spain’s destinations
  2. Gold$1.5 billion · 5.8%
    21 tonnes · Spain’s destinations
  3. Trucks$1 billion · 3.9%
    77 thousand tonnes · Spain’s destinations
  4. Turbojets and gas turbines$638 million · 2.4%
    1 thousand tonnes · Spain’s destinations
  5. Auto parts$620 million · 2.4%
    65 thousand tonnes · Spain’s destinations
  6. Refined petroleum$616 million · 2.3%
    514 thousand tonnes · Spain’s destinations
  7. 12 thousand tonnes · Spain’s destinations
  8. Other fresh vegetables$522 million · 2%
    256 thousand tonnes
  9. Vaccines, blood and antisera$487 million · 1.9%
    748 tonnes · Spain’s destinations
  10. Wine$420 million · 1.6%
    133 thousand tonnes · Spain’s destinations

What the United Kingdom sells to Spain

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

  1. Cars$1.1 billion · 10.8%
    73 thousand tonnes · the United Kingdom’s destinations
  2. Precious metal scrap$948 million · 9%
    98 tonnes
  3. 9 thousand tonnes · the United Kingdom’s destinations
  4. Radioactive elements$668 million · 6.3%
    183 tonnes
  5. Turbojets and gas turbines$548 million · 5.2%
    519 tonnes · the United Kingdom’s destinations
  6. Spirits$314 million · 3%
    45 thousand tonnes
  7. Aircraft parts$257 million · 2.4%
    882 tonnes
  8. Crude petroleum$228 million · 2.2%
    410 thousand tonnes · the United Kingdom’s destinations
  9. 36 tonnes
  10. Auto parts$177 million · 1.7%
    21 thousand tonnes · the United Kingdom’s destinations

How it travels

Estimated sea route from Valencia to Felixstowe.

The estimated sea route between Valencia and Felixstowe is 1,748 nautical miles (3,238 km) long: ≈ 4–5 days at sea (at 18 and 14 knots).

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

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$27 billion · 73.3%
  2. Air$9.8 billion · 26.7%

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

How much each matters to the other

The United Kingdom was Spain’s 7th largest trading partner (4% of its trade), and Spain was the United Kingdom’s 8th (3%).

The United Kingdom in Spain’s trade
4.4%
The United Kingdom’s rank among Spain’s partners
7th
Spain in the United Kingdom’s trade
3.3%
Spain’s rank among the United Kingdom’s partners
8th

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.