2022
Exports
$46.3MWorld Rnk 11 / 183
Flag Rnk 659 / 1214
2022
PRODUCT COMPLEXITY IN Basketwork
-1.47Rnk 944 / 1025
2022
Imports
$101MWorld Rnk 7 / 216
Flag Rnk 522 / 1214
2022
ECONOMIC COMPLEXITY of Spain
0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $46.3M in Basketwork, making it the 11th largest exporter of Basketwork in the world. At the same year, Basketwork was the 659th most exported product in Spain. The main destination of Basketwork exports from Spain are: France ($7.35M), Japan ($6.84M), Portugal ($5.79M), Italy ($4.05M), and United States ($2.91M).

The fastest growing export markets for Basketwork of Spain between 2021 and 2022 were France ($2.17M), Portugal ($1.54M), and Japan ($982k).

Imports In 2022, Spain imported $101M in Basketwork, becoming the 7th largest importer of Basketwork in the world. At the same year, Basketwork was the 522nd most imported product in Spain. Spain imports Basketwork primarily from: China ($44.1M), Vietnam ($15.7M), Morocco ($6.54M), Bangladesh ($4.97M), and Germany ($4.43M).

The fastest growing import markets in Basketwork for Spain between 2021 and 2022 were Vietnam ($2.47M), Madagascar ($1.74M), and Morocco ($1.61M).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-336k(-4.55%)
IMPORT GROWTH (June 2023 - June 2024)€1.36M(24%)
MAIN EXPORTER (June 2024)Madrid€8.73M
MAIN DESTINATION (June 2024)Japan€1M

This section shows Basketwork'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 Basketwork over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$46.3M
IMPORTS (2022)$101M
NET TRADE (2022)-$54.7M

In 2022, Spain exported $46.3M in Basketwork. The main destinations of Spain exports on Basketwork were France ($7.35M), Japan ($6.84M), Portugal ($5.79M), Italy ($4.05M), and United States ($2.91M).

In 2022, Spain imported $101M in Basketwork, mainly from China ($44.1M), Vietnam ($15.7M), Morocco ($6.54M), Bangladesh ($4.97M), and Germany ($4.43M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Basketwork EXPORT MARKETS FOR Spain WERE (2021 - 2022):
France$2.17M (41.9%)
Portugal$1.54M (36.2%)
Japan$982k (16.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Basketwork BY Spain WERE (2021 - 2022):
United Kingdom-$1.42M (-54.6%)
Germany-$207k (-9.23%)
Russia-$173k (-79.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Basketwork were:
In 2022, Spain's main importing competitors in Basketwork were:

Explore Visualizations

Trade Value of Basketwork by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.26M
TOP IMPORT POTENTIALIndia+ $1.8M

Basketwork’s highest export potential is United States. With an export gap of $2.26M.   Basketwork’s highest import potential is India with an import gap of $1.8M.

See methodology.

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