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2022
Exports $915MWorld Rnk 3 / 182
Flag Rnk 91 / 1214
2022
Destination $58.1M United States
2021 - 2022
FASTEST GROWING MARKET $58.1MUnited States
2022
PRODUCT COMPLEXITY IN Vegetable Saps-0.98Rnk 834 / 1025
2022
Imports $327MWorld Rnk 8 / 210
Flag Rnk 263 / 1214
2022
Origin $31.5M China
2021 - 2022
FASTEST GROWING ORIGIN $31.5MChina
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $915M in Vegetable Saps, making it the 3rd largest exporter of Vegetable Saps in the world. At the same year, Vegetable Saps was the 91st most exported product in Spain. The main destination of Vegetable Saps exports from Spain are: United States ($240M), Germany ($83.4M), Denmark ($79.3M), France ($44.1M), and Mexico ($40.2M).

The fastest growing export markets for Vegetable Saps of Spain between 2021 and 2022 were United States ($58.1M), Denmark ($29.1M), and Mexico ($17.7M).

Imports In 2022, Spain imported $327M in Vegetable Saps, becoming the 8th largest importer of Vegetable Saps in the world. At the same year, Vegetable Saps was the 263rd most imported product in Spain. Spain imports Vegetable Saps primarily from: China ($133M), France ($32.3M), Germany ($30.6M), Philippines ($25.1M), and Italy ($21.2M).

The fastest growing import markets in Vegetable Saps for Spain between 2021 and 2022 were China ($31.5M), France ($18.2M), and Philippines ($14.5M).

COMPANIES In 2023, leading companies such as JBS Foods (2) were at the forefront of shipping Vegetable Saps from Spain to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Spain's Vegetable Saps exports accounted up to €44.7M and imports accounted up to €23.5M, resulting in a positive trade balance of €21.2M. Between June 2023 and June 2024 the exports of Spain's   Vegetable Saps have decreased by €-13.8M (-23.6%) from €58.5M to €44.7M, while imports increased by €870k (3.84%) from €22.6M to €23.5M.

Destinations In June 2024, Vegetable Saps were exported mostly to United States (€9.61M), Germany (€5.31M), France (€3.24M), Mexico (€2.58M), and South Korea (€2.49M), and were imported mostly from China (€9.24M), France (€2.31M), Italy (€1.98M), Philippines (€1.73M), and Germany (€1.6M).

Growth In June 2024, the decrease in Vegetable Saps's year-by-year exports was explained primarily by a decrease in exports to China (€-1.78M or -63.3%), Denmark (€-1.67M or -38.3%), and New Zealand (€-1.55M or -60.5%). In June 2024, the increase in Vegetable Saps's year-by-year imports was explained primarily by an increase in imports from United States (€2.76M or 379%), India (€997k or 126%), and Chile (€460k or 82.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-13.8M(-23.6%)
IMPORT GROWTH (June 2023 - June 2024)€870k(3.84%)
MAIN EXPORTER (June 2024)Barcelona€16.6M
MAIN DESTINATION (June 2024)United States€9.61M

This section shows Vegetable Saps'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 Vegetable Saps over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$915M
IMPORTS (2022)$327M
NET TRADE (2022)$588M

In 2022, Spain exported $915M in Vegetable Saps. The main destinations of Spain exports on Vegetable Saps were United States ($240M), Germany ($83.4M), Denmark ($79.3M), France ($44.1M), and Mexico ($40.2M).

In 2022, Spain imported $327M in Vegetable Saps, mainly from China ($133M), France ($32.3M), Germany ($30.6M), Philippines ($25.1M), and Italy ($21.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vegetable Saps EXPORT MARKETS FOR Spain WERE (2021 - 2022):
United States$58.1M (32%)
Denmark$29.1M (58%)
Mexico$17.7M (78.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable Saps BY Spain WERE (2021 - 2022):
Indonesia-$2.15M (-25.8%)
Russia-$2.04M (-30.1%)
Morocco-$1.06M (-71.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Vegetable Saps were:
China $2.22B
India $1.06B
In 2022, Spain's main importing competitors in Vegetable Saps were:
United States $1.88B
Germany $727M
China $504M

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Trade Value of Vegetable Saps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $17.7M
TOP IMPORT POTENTIALFrance+ $10.8M

Vegetable Saps’s highest export potential is France. With an export gap of $17.7M.   Vegetable Saps’s highest import potential is France with an import gap of $10.8M.

See methodology.

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