Saint Barthélemy-Spain Bilateral Trade Analysis 2023
Complete trade statistics: $15.04M total volume •Saint Barthélemy surplus: $12.96M
Saint Barthélemy → Spain
$14.00M
Exports (2023)
Spain → Saint Barthélemy
$1.04M
Imports (2023)
Trade Balance
$12.96M
Surplus for Saint Barthélemy
Total Trade
$15.04M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Saint Barthélemy and Spain. Green line shows exports from Saint Barthélemy, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Saint Barthélemy-Spain commercial relationship and competitive positioning in global markets.
Saint Barthélemy → Spain Exports
Export Market Intelligence
🎯 Strategic Export Focus
Saint Barthélemy's export portfolio to Spain demonstrates strategic specialization, with copper: refined, unwrought, cathodes and sections of cathodes representing a key competitive advantage in this bilateral market.
Spain → Saint Barthélemy Imports
Import Dependency Profile
📦 Import Strategy Analysis
Saint Barthélemy's import pattern from Spain reveals significant dependencyin machinery: for filtering or purifying water, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Saint Barthélemy demonstrates competitive strength in exportingcopper: refined, unwrought, cathodes and sections of cathodes to Spain, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $15.04M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Saint Barthélemy-Spain Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $15.04 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Saint Barthélemy maintains a surplus of $12.96 million
- Export Focus: Saint Barthélemy's primary exports include copper: refined, unwrought, cathodes and sections of cathodes, medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, engines: parts, for engines and motors of heading no. 8412
- Import Dependencies: Key imports from Spain include machinery: for filtering or purifying water, jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, electrical apparatus: parts (e.g. boards, panels, consoles, desks, cabinets, other bases), for goods of heading no. 8537, not equipped with their apparatus
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $15.04M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Saint Barthélemy leveraging its comparative advantages in copper: refined, unwrought, cathodes and sections of cathodes.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Saint Barthélemy's specialization in copper: refined, unwrought, cathodes and sections of cathodescomplements Spain's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in machinery: for filtering or purifying water.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $15.04M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $15.04M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $15.04 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in copper: refined, unwrought, cathodes and sections of cathodes and machinery: for filtering or purifying water demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Saint Barthélemy's trade surplus of $12.96 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Saint Barthélemy and Spain represents a total trade volume of $15.04 million in 2023. This partnership demonstrates a favorable trade balance for Saint Barthélemy, with exports exceeding importsby $12.96 million.
Export Strengths
Saint Barthélemy's exports to Spain total $14.00 million, with competitive advantages in copper: refined, unwrought, cathodes and sections of cathodes, representing $13.23M or94.5% of bilateral exports.
Import Dependencies
Imports from Spain amount to $1.04 million, highlighting economic interdependence in machinery: for filtering or purifying water, with Machinery: for filtering or purifying water comprising46.1% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Saint Barthélemy's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Saint Barthélemy and Spain in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023