2022
Exports
$146MWorld Rnk 25 / 166
Flag Rnk 401 / 1214
2022
PRODUCT COMPLEXITY IN Concentrated Milk
-0.77Rnk 774 / 1025
2022
Imports
$320MWorld Rnk 24 / 224
Flag Rnk 270 / 1214
2022
ECONOMIC COMPLEXITY of Spain
0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $146M in Concentrated Milk, making it the 25th largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 401st most exported product in Spain. The main destination of Concentrated Milk exports from Spain are: Portugal ($24.8M), France ($17.7M), Australia ($10.5M), China ($10.4M), and Saudi Arabia ($9.07M).

The fastest growing export markets for Concentrated Milk of Spain between 2021 and 2022 were Portugal ($5.5M), New Zealand ($2.89M), and Belgium ($2.16M).

Imports In 2022, Spain imported $320M in Concentrated Milk, becoming the 24th largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 270th most imported product in Spain. Spain imports Concentrated Milk primarily from: N/A.

The fastest growing import markets in Concentrated Milk for Spain between 2021 and 2022 were France ($24.2M), Germany ($18.9M), and Netherlands ($12M).

COMPANIES In 2023, leading companies such as Cosentino (3) were at the forefront of shipping Concentrated Milk from Spain to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-1.24M(-8.64%)
IMPORT GROWTH (June 2023 - June 2024)€-1.17M(-5.11%)
MAIN EXPORTER (June 2024)Pontevedra€7.61M
MAIN DESTINATION (June 2024)Portugal€1.47M

This section shows Concentrated Milk'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 Concentrated Milk over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$146M
IMPORTS (2022)$320M
NET TRADE (2022)-$174M

In 2022, Spain exported $146M in Concentrated Milk. The main destinations of Spain exports on Concentrated Milk were Portugal ($24.8M), France ($17.7M), Australia ($10.5M), China ($10.4M), and Saudi Arabia ($9.07M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Portugal$5.5M (28.6%)
New Zealand$2.89M (101%)
Belgium$2.16M (83.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY Spain WERE (2021 - 2022):
Algeria-$22.9M (-86%)
Germany-$8.87M (-67.1%)
Saudi Arabia-$7.34M (-44.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Concentrated Milk were:
In 2022, Spain's main importing competitors in Concentrated Milk were:
China $3.96B
Algeria $1.62B
Mexico $1.37B

Explore Visualizations

Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $11M
TOP IMPORT POTENTIALFrance+ $15.4M

Concentrated Milk’s highest export potential is China. With an export gap of $11M.   Concentrated Milk’s highest import potential is France with an import gap of $15.4M.

See methodology.

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