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2022
Exports $299MWorld Rnk 7 / 126
Flag Rnk 264 / 1214
2022
Destination $14.7M France
2021 - 2022
FASTEST GROWING MARKET $14.7MFrance
2022
PRODUCT COMPLEXITY IN Animal Meal and Pellets-1.49Rnk 946 / 1025
2022
Imports $144MWorld Rnk 19 / 173
Flag Rnk 447 / 1214
2022
Origin $9.7M Morocco
2021 - 2022
FASTEST GROWING ORIGIN $9.7MMorocco
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $299M in Animal Meal and Pellets, making it the 7th largest exporter of Animal Meal and Pellets in the world. At the same year, Animal Meal and Pellets was the 264th most exported product in Spain. The main destination of Animal Meal and Pellets exports from Spain are: France ($73.2M), Italy ($54.3M), Thailand ($34.3M), Germany ($26.4M), and Greece ($22.8M).

The fastest growing export markets for Animal Meal and Pellets of Spain between 2021 and 2022 were France ($14.7M), Thailand ($14.3M), and Italy ($8.46M).

Imports In 2022, Spain imported $144M in Animal Meal and Pellets, becoming the 19th largest importer of Animal Meal and Pellets in the world. At the same year, Animal Meal and Pellets was the 447th most imported product in Spain. Spain imports Animal Meal and Pellets primarily from: Morocco ($22.9M), France ($17.3M), Portugal ($16.6M), South Africa ($12.2M), and Mauritania ($11.3M).

The fastest growing import markets in Animal Meal and Pellets for Spain between 2021 and 2022 were Morocco ($9.7M), Mauritania ($6.7M), and South Africa ($6.07M).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Animal Meal and Pellets exports accounted up to €17.8M and imports accounted up to €11.6M, resulting in a positive trade balance of €6.24M. Between June 2023 and June 2024 the exports of Spain's   Animal Meal and Pellets have decreased by €-3.11M (-14.8%) from €20.9M to €17.8M, while imports increased by €1.75M (17.8%) from €9.84M to €11.6M.

Destinations In June 2024, Animal Meal and Pellets were exported mostly to France (€5.33M), Italy (€2.77M), Germany (€1.83M), Chile (€1.39M), and Greece (€1.13M), and were imported mostly from South Africa (€2.1M), Morocco (€1.7M), Peru (€1.55M), Chile (€1.39M), and Portugal (€944k).

Growth In June 2024, the decrease in Animal Meal and Pellets's year-by-year exports was explained primarily by a decrease in exports to Greece (€-570k or -42.4%), Colombia (€-555k or -55.2%), and Italy (€-456k or -12.1%). In June 2024, the increase in Animal Meal and Pellets's year-by-year imports was explained primarily by an increase in imports from Morocco (€2.79M or 503%), Mauritania (€1.2M or 509%), and Guatemala (€463k or 96.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-3.11M(-14.8%)
IMPORT GROWTH (June 2023 - June 2024)€1.75M(17.8%)
MAIN EXPORTER (June 2024)Madrid€3.36M
MAIN DESTINATION (June 2024)France€5.33M

This section shows Animal Meal and Pellets's exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Animal Meal and Pellets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$299M
IMPORTS (2022)$144M
NET TRADE (2022)$154M

In 2022, Spain exported $299M in Animal Meal and Pellets. The main destinations of Spain exports on Animal Meal and Pellets were France ($73.2M), Italy ($54.3M), Thailand ($34.3M), Germany ($26.4M), and Greece ($22.8M).

In 2022, Spain imported $144M in Animal Meal and Pellets, mainly from Morocco ($22.9M), France ($17.3M), Portugal ($16.6M), South Africa ($12.2M), and Mauritania ($11.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Meal and Pellets EXPORT MARKETS FOR Spain WERE (2021 - 2022):
France$14.7M (25.1%)
Thailand$14.3M (71.5%)
Italy$8.46M (18.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Meal and Pellets BY Spain WERE (2021 - 2022):
South Africa-$2.8M (-66%)
Chile-$1.61M (-14.2%)
Philippines-$1.55M (-86.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Animal Meal and Pellets were:
Peru $1.88B
United States $911M
Chile $423M
In 2022, Spain's main importing competitors in Animal Meal and Pellets were:
China $2.9B
Vietnam $626M
Norway $481M

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Trade Value of Animal Meal and Pellets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $3.42M
TOP IMPORT POTENTIALPeru+ $4.72M

Animal Meal and Pellets’s highest export potential is Turkey. With an export gap of $3.42M.   Animal Meal and Pellets’s highest import potential is Peru with an import gap of $4.72M.

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