THE WORLD, CONNECTEDGeopolitical Relationship Atlas
BILATERAL RELATIONSHIP

Spain and Ukraine

Spain supports Ukraine's sovereignty and defense against the Russian invasion through military, humanitarian and financial assistance. The relationship also includes protection for displaced people, cultural cooperation and support for Ukraine's accession process to the European Union.

Analysis reviewed: 2026-10-08 · Indicators updated: 2026-10-08

Bilateral context

Spain opened its embassy in Kyiv in October 1992 and Ukraine opened its embassy in Madrid in June 1995.

What merchandise trade shows

In 2025, goods trade between Spain and Ukraine totalled 3,036.6 million current USD.

Documented trade sectors

Within the selected chapters, vehicles and components stands out in shipments from Spain to Ukraine, at 137.8 million USD in 2025.

Bilateral indicators

Blank cells: data unavailable.

Indicators of the relationship between Spain and Ukraine
IndicatorValuePeriod
Goods trade3,036.6 M USD2025 · Comtrade
Goods: Spain to Ukraine979.77 M USD2025 · Comtrade
Goods: Ukraine to Spain2,056.83 M USD2025 · Comtrade
Services trade
Export share: Spain to Ukraine0.226 %2025 · Comtrade
Export share: Ukraine to Spain
Investment stock: Spain in Ukraine
Investment stock: Ukraine in Spain
Definitions and sources

Trade adds both directions. Shares refer to the country’s total goods exports; investment is an accumulated stock, not an annual flow. Every figure retains the currency and period of its source. BEA positions are historical-cost estimates based on the immediate counterpart, not market values or investment by ultimate owner. ‘More than’ indicates a lower bound, not an exact amount. A recorded stock does not establish new activity or authorisation to operate under sanctions.

Goods trade
2025 · UN Comtrade · Goods; full calendar year; reporter ESP. Exports normally FOB and imports CIF; no addition of mirror declarations. Both directions are identified from the same customs authority.
Goods: Spain to Ukraine
2025 · UN Comtrade · Goods; full calendar year; reporter ESP. Exports normally FOB and imports CIF; no addition of mirror declarations. Both directions are identified from the same customs authority.
Goods: Ukraine to Spain
2025 · UN Comtrade · Goods; full calendar year; reporter ESP. Exports normally FOB and imports CIF; no addition of mirror declarations. Both directions are identified from the same customs authority.
Export share: Spain to Ukraine
2025 · UN Comtrade · Exports to the partner / worldwide exports by the same reporter; same year and coverage.

Country comparison

Period and source beside each figure · est. = estimate by the stated institution.

Year-on-year inflation: different periods or frequencies; the two figures are not directly comparable.

Economic and demographic comparison of Spain and Ukraine
IndicatorSpainUkraine
Nominal GDP1.91 trillion USD2025 · WB212.93 billion USDIMF est.2025 · IMF
GDP per capita38,627.25 USD2025 · WB6,499.26 USDIMF est.2025 · IMF
GDP growth2.82 %2025 · WB1.82 %2025 · WB
Policy interest rate2.5 %2026-09-16 · BCE16 %2026-09-17 · NBU / BIS
Inflation · annual average2.7 %Annual average · 2025 · WB12.73 %Annual average · 2025 · WB
Inflation · latest year-on-year figure4.9 %provisionalprovisionalYear-on-year · Sept. 2026 · INE8.1 %Year-on-year · Aug. 2026 · Statistics UA
Unemployment10.38 %ILO est.2025 · WB11.6 %IMF est.2025 · IMF
Budget balance (% of GDP)-2.5 %IMF est.2025 · IMF-23.3 %IMF est.2025 · IMF
Gross public debt (% of GDP)100.4 %IMF est.2025 · IMF108.7 %IMF est.2025 · IMF
Current account balance (% of GDP)2.94 %2025 · WB-15 %IMF est.2025 · IMF
Population49,355,1432025 · WB32,762,000IMF est.2025 · IMF
Area505,976 km²2023 · BM / FAO603,550 km²2023 · BM / FAO
Military expenditure
Military expenditure (% of GDP)
Definitions, dates and sources

Blank cells are not zero. Average annual inflation and the latest year-on-year figure appear in separate rows: they are not the same measure. Every annual indicator retains its reference year; when the years differ, the figures are identified as not directly comparable. When a figure is unavailable from the World Bank, an annual IMF estimate is used and identified as such. The latest year-on-year figure is the latest official release verified as of 7 October 2026. This includes advance releases marked as provisional. Mexico may have a fortnightly figure before the full month is published; it is not automatically compared with a monthly figure. The publication date is retained in each source’s details; it does not replace the observation period or the annual average. Policy rates carry their own dates and represent different instruments. Spain and France share the ECB rate. Balances are positive for surpluses and negative for deficits. The IMF may use fiscal years; unemployment retains each source’s definition (ILO estimates, IMF WEO or PCBS), as stated in the details. For Palestine, debt and the fiscal balance cover central government and retain the PCBS definition; they are not presented as consolidated general government. These are economic magnitudes, not measures of relationship quality.

For Ukraine, GDP, population and GDP per capita are estimates from the same IMF (WEO) dataset for 2025. The per-capita figure published by the IMF is used, not a separate calculation. The previous World Bank series did not reconcile and are not mixed with this dataset. Reviewed: 2026-10-07. IMF data terms of use0

Area retains each source’s territorial coverage; it does not determine sovereignty or effective control. Canada uses an archived national geographic reference. Military expenditure retains the 2024 SIPRI sample distributed by the World Bank: the amount and percentage of GDP use that same definition, which differs from NATO’s. It is not an approved budget or a 2026 figure. Information from the Stockholm International Peace Research Institute (SIPRI). Military expenditure database · Terms of use0

Indicators reviewed: 2026-10-07. Each source retains its original access date; this review does not turn all the data into 2026 observations. Figures may be revised.

Nominal GDP
Current USDSpain: 2025 · World BankUkraine: 2025 · Nominal GDP in current USD · IMF — World Economic Outlook · IMF est. · IMF estimate (WEO). GDP, GDP per capita and population for this country come from the same WEO query for 2025; no separate GDP-per-capita figure has been calculated.
GDP per capita
Current USD per personSpain: 2025 · World BankUkraine: 2025 · Nominal GDP per capita in current USD · IMF — World Economic Outlook · IMF est. · IMF estimate (WEO). GDP, GDP per capita and population for this country come from the same WEO query for 2025; no separate GDP-per-capita figure has been calculated.
GDP growth
Annual real change (%)Spain: 2025 · World BankUkraine: 2025 · World Bank
Policy interest rate
Central bank instrument (%)Spain: 2026-09-16 · ECB deposit facility; shared euro-area rate · European Central BankUkraine: 2026-09-17 · National Bank of Ukraine policy rate · National Bank of Ukraine · speech published by the BIS · Published: 2026-09-21 · Decision announcement date; the BIS reproduces the governor's speech. · Alternative official source; verified 2026-10-06
Inflation · annual average
Average annual change in headline CPI (%)Spain: 2025 · Annual average change in CPI (%) · World BankUkraine: 2025 · Annual average change in CPI (%) · World Bank
Inflation · latest year-on-year figure
Headline CPI relative to the same period of the previous year (%); monthly or fortnightly frequency statedSpain: 2026-09 · Change in headline CPI from the same month of the previous year (%) · Spain's National Statistics Institute (INE) · Published: 2026-09-29 · provisional · Provisional · Advance indicator of headline CPI; final results pending. Not HICP (5.0%) or core inflation (3.1%). Provisional data or an official advance release; subject to revision.Ukraine: 2026-08 · Change in headline CPI from the same month of the previous year (%) · State Statistics Service of Ukraine · Published: 2026-09-09 · National headline year-on-year CPI, not monthly inflation or an annual average.
Unemployment
% of the labour force; definition used by the stated institutionSpain: 2025 · World Bank · ILO est.Ukraine: 2025 · Annual unemployment estimated by IMF WEO, not a contemporaneous labour survey or ILO modelled estimate. · IMF — World Economic Outlook · IMF est. · IMF estimate for 2025; the war limits the collection of labour observations. Not equivalent to observed unemployment in 2026.
Budget balance
General government (% of GDP)Spain: 2025 · IMF — World Economic Outlook · IMF est.Ukraine: 2025 · IMF — World Economic Outlook · IMF est.
Gross public debt
General government (% of GDP)Spain: 2025 · IMF — World Economic Outlook · IMF est.Ukraine: 2025 · IMF — World Economic Outlook · IMF est.
Current account balance
% of GDPSpain: 2025 · World BankUkraine: 2025 · Current-account balance as % of GDP, IMF WEO. · IMF — World Economic Outlook · IMF est. · Annual WEO estimate for UKR, 2025; not recalculated using GDP from another source.
Population
PeopleSpain: 2025 · World BankUkraine: 2025 · Population from the WEO series; do not mix with a denominator from another source · IMF — World Economic Outlook · IMF est. · IMF estimate (WEO). GDP, GDP per capita and population for this country come from the same WEO query for 2025; no separate GDP-per-capita figure has been calculated.
Area
Total area in km²; territorial coverage of the sourceSpain: 2023 · Total area, including inland waters; territorial coverage as defined by the source · World Bank · FAOUkraine: 2023 · Total area, including inland waters; territorial coverage as defined by the source · World Bank · FAO
Military expenditure
Current USD per year; SIPRI series
Military expenditure (% of GDP)
Percentage of GDP; SIPRI definition, not NATO’s definition
Other data specific to this relationship

What they buy and sell

Documented selection, not an exhaustive list. Cells without a figure do not mean zero value; some products are identified without a verified amount.

Spain to Ukraine

2025

Selected products exported from Spain to Ukraine
Product or sectorValue / share
Vehicles and components137.8 M USD2025 · Source
Machinery and mechanical appliances57.4 M USD2025 · Source
Electrical and electronic equipment44.4 M USD2025 · Source
Pharmaceutical products21.1 M USD2025 · Source
Meat and edible offal20.3 M USD2025 · Source
Dairy products, eggs and honey6.8 M USD2025 · Source
Mineral fuels and oils4.5 M USD2025 · Source

Selection of eight chapters, not an exhaustive ranking. Same reporter, year and coverage as the total. Unpublished chapters are not imputed. UN Comtrade

Ukraine to Spain

2025

Selected products exported from Ukraine to Spain
Product or sectorValue / share
Electrical and electronic equipment77.2 M USD2025 · Source
Dairy products, eggs and honey56.6 M USD2025 · Source
Vehicles and components25.6 M USD2025 · Source
Meat and edible offal16.8 M USD2025 · Source
Machinery and mechanical appliances5.8 M USD2025 · Source
Metal ores2.2 M USD2025 · Source
Mineral fuels and oils1.9 M USD2025 · Source
Pharmaceutical products0.0299 M USD2025 · Source

Selection of eight chapters, not an exhaustive ranking. Same reporter, year and coverage as the total. Unpublished chapters are not imputed. UN Comtrade

How trade has changed

Billions of current USD · full calendar years

TotalSpain to UkraineUkraine to Spain
Goods trade between Spain and UkraineGoods; full calendar years 2021–2025; same reporter ESP; current USD without inflation adjustment. Complete data in the table following the chart.01.252.53.75520212022202320242025

Goods; full calendar years 2021–2025; same reporter ESP; current USD without inflation adjustment. UN Comtrade · Accessed: 2026-10-08.

View chart figures
Millions of current USD
PeriodTotalSpain to UkraineUkraine to Spain
20212,636.9806.41,830.6
20222,843.3476.52,366.8
20233,918.1774.73,143.4
20244,143.27683,375.2
20253,036.6979.82,056.8

Connections between people

Since Russia's full-scale invasion in February 2022, Spanish support has included training Ukrainian military personnel and bilateral and multilateral assistance for their defense. Casa Ucrania in Torrevieja opened in March 2025 to serve the diaspora. Together with UNESCO, it supported a cultural center in Lviv inaugurated in January 2025. [1]

Residents, study and travel

Blank cells: data unavailable. Each measure retains its definition and period.

Indicators of human connections between Spain and Ukraine
IndicatorValuePeriod / source
Residents from Spain living in Ukraine
Residents from Ukraine living in Spain
Study and training: Spain in Ukraine
Study and training: Ukraine in Spain
Academic stays: Spain in Ukraine
Academic stays: Ukraine in Spain
Travel: Spain to Ukraine
Travel: Ukraine to Spain
What each figure measures

Residents are counted by nationality and the coverage of the stated register, not as people born in the other country or as new arrivals in one year. PERE includes dual nationals and people born outside Spain. Study with OPT and stays carrying academic credit are different measures. Travel may include several visits by the same person; FRONTUR arrivals require an overnight stay, whereas the Canadian survey includes day visits. These figures are neither added together nor automatically compared across directions.

Mobility data added or reviewed: 2026-10-07. Reference periods may be earlier.

Underlying ties

History, institutions and long-standing issues.

Bilateral context

Spain opened its embassy in Kyiv in October 1992 and Ukraine opened its embassy in Madrid in June 1995. Since Russia's full-scale invasion in February 2022, Spanish support has included training Ukrainian military personnel and bilateral and multilateral assistance for their defense. [1]

The scale of both economies

Nominal GDP for Spain is 1,906.5 billion USD (2025), compared with 212.9 for Ukraine (2025). The reference populations are 49.36 and 32.76 million, respectively. In the same year, the economy of Spain was 8.95 times that of Ukraine in nominal GDP. The comparison provides context on market size, but does not, on its own, measure influence, well-being or diplomatic closeness. Estimates and their sources retain their labels in the tables. [5] [6] [7] [8]

Recent developments

Recent developments and latest available data · Review: 2026-10-08

Cooperation and bilateral issues

Pedro Sánchez and Volodymyr Zelenskyy signed a security cooperation agreement in Madrid on 27 May 2024. In the civilian sphere, the Spanish profile records 262,871 grants of temporary protection to displaced Ukrainians through January 9, 2026. Casa Ucrania in Torrevieja opened in March 2025 to serve the diaspora. Spain supported Ukraine's EU candidacy in 2022 and the start of negotiations agreed in 2023. Together with UNESCO, it supported a cultural center in Lviv inaugurated in January 2025. [1]

What merchandise trade shows

In 2025, merchandise trade between the two countries (Spain and Ukraine) totalled 3,036.6 million current USD. Shipments from the first to the second were 979.8 million; those in the opposite direction, 2,056.8 million. The difference between the two flows was 1,077.1 million, in favour of Ukraine. This is a goods balance, not the total balance of the economic relationship: it excludes services, income and transfers. Both directions come from a single customs reporter to avoid adding mirror records. [2]

The partner's share of exports

Sales from Spain to the partner represented 0.226% of its worldwide goods exports in 2025. The share compares the same reporter, year and coverage. It measures export concentration, not the percentage of GDP dependent on this relationship. A partner may be important in a specific sector even if its share of total goods trade is small. [2]

Five years of trade trends

The consistent series shows 2,636.9 million USD in 2021 and 3,036.6 million in 2025. The change between the two endpoints was +15.2 % in current dollars. The highest annual value in the period was recorded in 2024, at 4,143.2 million. The chart allows the two directions to be compared to see whether they moved together or differently. The change combines quantities, prices and exchange rates; it is not automatically attributed to a treaty, a visit or a political decision. The same reporter is retained and missing years are not interpolated. [3]

Documented trade sectors

Within the selected chapters, vehicles and components stands out in shipments from Spain to Ukraine, at 137.8 million USD in 2025. Within the selected chapters, electrical and electronic equipment stands out in shipments from Ukraine to Spain, at 77.2 million USD in 2025. The table compares eight selected chapters with the same coverage as the trade total. It is not a complete list or proof that the first item in this selection is the leading product across the entire relationship. A chapter groups numerous goods: machinery and components, for example, do not describe a single business transaction. [4]

Sources and data

Periods and scope of the figures

Institutional sources and periods accompany each figure. Annual trade, investment positions, residents and visits are distinct measures. Empty cells do not mean zero. Statements of intent are not presented as project implementation or treaties in force.

  1. Country profile — Ukraine

    Spain’s Ministry of Foreign Affairs, European Union and Cooperation — Diplomatic Information Office · Institutional source · Accessed: 2026-10-08

  2. Bounded matrix; reporter, partner, year, chapter and direction identified in each record

    UN Comtrade · Institutional source · Accessed: 2026-10-08

  3. Trade series 2021–2025

    UN Comtrade · Institutional source · Accessed: 2026-10-08

  4. Bounded matrix; reporter, partner, year, chapter and direction identified in each record

    UN Comtrade · Institutional source · Accessed: 2026-10-08

  5. Official statistics

    World Bank · Institutional source · Accessed: 2026-09-17

  6. Official statistics

    IMF — World Economic Outlook · Institutional source · Accessed: 2026-10-08

  7. Official statistics

    World Bank · Institutional source · Accessed: 2026-10-06

  8. Official statistics

    IMF — World Economic Outlook · Institutional source · Accessed: 2026-10-08

Additional sources on products and human connections
  • UN Comtrade

    2026-10-08 · Accessed: 2026-10-08 · Bounded matrix; reporter, partner, year, chapter and direction identified in each record.