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2022
Exports $609MWorld Rnk 3 / 186
Flag Rnk 151 / 1214
2022
Destination $21.3M United Kingdom
2021 - 2022
FASTEST GROWING MARKET $21.3MTurkey
2022
PRODUCT COMPLEXITY IN Coffee and Tea Extracts-0.5Rnk 703 / 1025
2022
Imports $124MWorld Rnk 22 / 221
Flag Rnk 468 / 1214
2022
Origin $4.86M Germany
2021 - 2022
FASTEST GROWING ORIGIN $4.86MMexico
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $609M in Coffee and Tea Extracts, making it the 3rd largest exporter of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 151st most exported product in Spain. The main destination of Coffee and Tea Extracts exports from Spain are: United Kingdom ($83.1M), France ($63M), Germany ($46.9M), Poland ($46.1M), and Turkey ($44.8M).

The fastest growing export markets for Coffee and Tea Extracts of Spain between 2021 and 2022 were Turkey ($21.3M), Hungary ($15M), and United Kingdom ($14.2M).

Imports In 2022, Spain imported $124M in Coffee and Tea Extracts, becoming the 22nd largest importer of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 468th most imported product in Spain. Spain imports Coffee and Tea Extracts primarily from: Germany ($18.3M), Netherlands ($17.5M), France ($17.2M), Vietnam ($14.1M), and Portugal ($9.77M).

The fastest growing import markets in Coffee and Tea Extracts for Spain between 2021 and 2022 were Mexico ($4.86M), Vietnam ($4.39M), and Ecuador ($2.77M).

COMPANIES In 2023, leading companies such as ASOS (1) and Cosentino (1) were at the forefront of shipping Coffee and Tea Extracts from Spain to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Spain's Coffee and Tea Extracts exports accounted up to €63.4M and imports accounted up to €19M, resulting in a positive trade balance of €44.4M. Between August 2023 and August 2024 the exports of Spain's   Coffee and Tea Extracts have increased by €11.7M (22.6%) from €51.7M to €63.4M, while imports increased by €1.78M (10.3%) from €17.2M to €19M.

Destinations In August 2024, Coffee and Tea Extracts were exported mostly to United Kingdom (€10.3M), Portugal (€6.42M), Greece (€5.72M), France (€5.61M), and Germany (€4.92M), and were imported mostly from Vietnam (€7.39M), Germany (€5.82M), Netherlands (€824k), United Kingdom (€616k), and Poland (€538k).

Growth In August 2024, the increase in Coffee and Tea Extracts's year-by-year exports was explained primarily by an increase in exports to France (€1.82M or 41.8%), Germany (€1.35M or 50%), and Portugal (€1.22M or 44.2%). In August 2024, the increase in Coffee and Tea Extracts's year-by-year imports was explained primarily by an increase in imports from France (€824k or 122%), United States (€813k or 195%), and Germany (€703k or 27.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€11.7M(22.6%)
IMPORT GROWTH (August 2023 - August 2024)€1.78M(10.3%)
MAIN EXPORTER (August 2024)Girona€39.8M
MAIN DESTINATION (August 2024)United Kingdom€10.3M

This section shows Coffee and Tea Extracts'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 Coffee and Tea Extracts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$609M
IMPORTS (2022)$124M
NET TRADE (2022)$485M

In 2022, Spain exported $609M in Coffee and Tea Extracts. The main destinations of Spain exports on Coffee and Tea Extracts were United Kingdom ($83.1M), France ($63M), Germany ($46.9M), Poland ($46.1M), and Turkey ($44.8M).

In 2022, Spain imported $124M in Coffee and Tea Extracts, mainly from Germany ($18.3M), Netherlands ($17.5M), France ($17.2M), Vietnam ($14.1M), and Portugal ($9.77M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coffee and Tea Extracts EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Turkey$21.3M (90.3%)
Hungary$15M (102%)
United Kingdom$14.2M (20.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee and Tea Extracts BY Spain WERE (2021 - 2022):
Saudi Arabia-$5.91M (-60.4%)
Tunisia-$3.08M (-62.4%)
Estonia-$682k (-82.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Coffee and Tea Extracts were:
Germany $992M
Brazil $722M
In 2022, Spain's main importing competitors in Coffee and Tea Extracts were:
United States $945M
Germany $594M
Philippines $539M

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Trade Value of Coffee and Tea Extracts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $12.4M
TOP IMPORT POTENTIALFrance+ $5.21M

Coffee and Tea Extracts’s highest export potential is France. With an export gap of $12.4M.   Coffee and Tea Extracts’s highest import potential is France with an import gap of $5.21M.

See methodology.

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