Sign In
Pricing

2022
Exports $722kWorld Rnk 23 / 125
Flag Rnk 1157 / 1214
2022
Destination $73.6kN/A
2021 - 2022
FASTEST GROWING MARKET $73.6kBenin
2022
Imports $6.15MWorld Rnk 14 / 197
Flag Rnk 1065 / 1214
2022
Origin $387k Germany
2021 - 2022
FASTEST GROWING ORIGIN $387kSwitzerland
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

The fastest growing export markets for Balances of Spain between 2021 and 2022 were Benin ($73.6k), Hong Kong ($18.9k), and United Kingdom ($18.3k).

Imports In 2022, Spain imported $6.15M in Balances, becoming the 14th largest importer of Balances in the world. At the same year, Balances was the 1065th most imported product in Spain. Spain imports Balances primarily from: Germany ($1.99M), China ($1.53M), Switzerland ($1.09M), Netherlands ($312k), and Poland ($311k).

The fastest growing import markets in Balances for Spain between 2021 and 2022 were Switzerland ($387k), China ($342k), and Italy ($239k).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Balances exports accounted up to €57.8k and imports accounted up to €732k, resulting in a negative trade balance of €674k. Between June 2023 and June 2024 the exports of Spain's   Balances have increased by €4.36k (8.16%) from €53.5k to €57.8k, while imports increased by €314k (75%) from €418k to €732k.

Destinations In June 2024, Balances were exported mostly to Australia (€31.1k), Portugal (€7.47k), France (€6.68k), United Kingdom (€3.99k), and Germany (€2.71k), and were imported mostly from Switzerland (€358k), China (€165k), Poland (€80.4k), Germany (€69.1k), and Italy (€25.4k).

Growth In June 2024, the increase in Balances's year-by-year exports was explained primarily by an increase in exports to France (€16.6k or 348%), United Kingdom (€3.25k or 811%), and Cote d'Ivoire (€1.16k or 234%). In June 2024, the increase in Balances's year-by-year imports was explained primarily by an increase in imports from Switzerland (€23k or 18.2%), Netherlands (€6.33k or 339%), and France (€1.35k or 135%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€4.36k(8.16%)
IMPORT GROWTH (June 2023 - June 2024)€314k(75%)
MAIN EXPORTER (June 2024)Castellón€410k
MAIN DESTINATION (June 2024)Australia€31.1k

This section shows Balances'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 Balances over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$722k
IMPORTS (2022)$6.15M
NET TRADE (2022)-$5.42M

In 2022, Spain imported $6.15M in Balances, mainly from Germany ($1.99M), China ($1.53M), Switzerland ($1.09M), Netherlands ($312k), and Poland ($311k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Balances EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Benin$73.6k (1%)
Hong Kong$18.9k (10.3k%)
United Kingdom$18.3k (228%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Balances BY Spain WERE (2021 - 2022):
Portugal-$188k (-54.8%)
France-$102k (-37%)
Tunisia-$47.7k (-72.9%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Balances were:
China $102M
Germany $101M
Netherlands $48.4M
In 2022, Spain's main importing competitors in Balances were:
United States $51.8M
Germany $27.3M
India $26.3M

Explore Visualizations

Trade Value of Balances by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $56.5k
TOP IMPORT POTENTIALChina+ $284k

Balances’s highest export potential is France. With an export gap of $56.5k.   Balances’s highest import potential is China with an import gap of $284k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms