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2022
Exports $170MWorld Rnk 11 / 131
Flag Rnk 371 / 1214
2022
Destination $1.01M France
2021 - 2022
FASTEST GROWING MARKET $1.01MBelgium
2022
PRODUCT COMPLEXITY IN Large Coated Flat-Rolled Iron0.57Rnk 337 / 1025
2022
Imports $114MWorld Rnk 18 / 213
Flag Rnk 489 / 1214
2022
Origin $3.34M Portugal
2021 - 2022
FASTEST GROWING ORIGIN $3.34MSouth Korea
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $170M in Large Coated Flat-Rolled Iron, making it the 11th largest exporter of Large Coated Flat-Rolled Iron in the world. At the same year, Large Coated Flat-Rolled Iron was the 371st most exported product in Spain. The main destination of Large Coated Flat-Rolled Iron exports from Spain are: France ($101M), Portugal ($24.1M), Netherlands ($10.7M), Algeria ($7.16M), and Italy ($4.46M).

The fastest growing export markets for Large Coated Flat-Rolled Iron of Spain between 2021 and 2022 were Belgium ($1.01M), Morocco ($740k), and United Kingdom ($404k).

Imports In 2022, Spain imported $114M in Large Coated Flat-Rolled Iron, becoming the 18th largest importer of Large Coated Flat-Rolled Iron in the world. At the same year, Large Coated Flat-Rolled Iron was the 489th most imported product in Spain. Spain imports Large Coated Flat-Rolled Iron primarily from: Portugal ($45.8M), Germany ($24.5M), Italy ($8.7M), France ($6.79M), and South Korea ($4.62M).

The fastest growing import markets in Large Coated Flat-Rolled Iron for Spain between 2021 and 2022 were South Korea ($3.34M), Netherlands ($1.29M), and United Kingdom ($811k).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Large Coated Flat-Rolled Iron exports accounted up to €11.3M and imports accounted up to €6.27M, resulting in a positive trade balance of €5.06M. Between June 2023 and June 2024 the exports of Spain's   Large Coated Flat-Rolled Iron have decreased by €-894k (-7.32%) from €12.2M to €11.3M, while imports decreased by €-519k (-7.64%) from €6.79M to €6.27M.

Destinations In June 2024, Large Coated Flat-Rolled Iron were exported mostly to France (€6.02M), Portugal (€3.74M), Netherlands (€309k), Turkey (€242k), and Italy (€224k), and were imported mostly from Germany (€1.48M), Netherlands (€1.33M), Portugal (€1.24M), Italy (€643k), and Greece (€389k).

Growth In June 2024, the decrease in Large Coated Flat-Rolled Iron's year-by-year exports was explained primarily by a decrease in exports to France (€-1.57M or -17.3%), Turkey (€-84.2k or -40%), and Czechia (€-78.2k or -99.7%). In June 2024, the decrease in Large Coated Flat-Rolled Iron's year-by-year imports was explained primarily by a decrease in imports from Turkey (€-1.01M or -92.9%), Portugal (€-936k or -34.8%), and China (€-548k or -96.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-894k(-7.32%)
IMPORT GROWTH (June 2023 - June 2024)€-519k(-7.64%)
MAIN EXPORTER (June 2024)Barcelona€7.33M
MAIN DESTINATION (June 2024)France€6.02M

This section shows Large Coated Flat-Rolled Iron'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 Large Coated Flat-Rolled Iron over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$170M
IMPORTS (2022)$114M
NET TRADE (2022)$55.8M

In 2022, Spain exported $170M in Large Coated Flat-Rolled Iron. The main destinations of Spain exports on Large Coated Flat-Rolled Iron were France ($101M), Portugal ($24.1M), Netherlands ($10.7M), Algeria ($7.16M), and Italy ($4.46M).

In 2022, Spain imported $114M in Large Coated Flat-Rolled Iron, mainly from Portugal ($45.8M), Germany ($24.5M), Italy ($8.7M), France ($6.79M), and South Korea ($4.62M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Coated Flat-Rolled Iron EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Belgium$1.01M (460%)
Morocco$740k (29.5%)
United Kingdom$404k (33%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Coated Flat-Rolled Iron BY Spain WERE (2021 - 2022):
France-$13.7M (-12%)
Portugal-$8.81M (-26.8%)
Germany-$2.15M (-42.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Large Coated Flat-Rolled Iron were:
China $1B
Germany $993M
United States $429M
In 2022, Spain's main importing competitors in Large Coated Flat-Rolled Iron were:
Germany $519M
France $505M
United States $385M

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Trade Value of Large Coated Flat-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $3.43M
TOP IMPORT POTENTIALFrance+ $3.32M

Large Coated Flat-Rolled Iron’s highest export potential is Germany. With an export gap of $3.43M.   Large Coated Flat-Rolled Iron’s highest import potential is France with an import gap of $3.32M.

See methodology.

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