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2022
Exports $44.5MWorld Rnk 9 / 153
Flag Rnk 670 / 1214
2022
Destination $2.5M Poland
2021 - 2022
FASTEST GROWING MARKET $2.5MPoland
2022
PRODUCT COMPLEXITY IN Friction Material0.27Rnk 464 / 1025
2022
Imports $11.8MWorld Rnk 31 / 211
Flag Rnk 958 / 1214
2022
Origin $308k France
2021 - 2022
FASTEST GROWING ORIGIN $308kPoland
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $44.5M in Friction Material, making it the 9th largest exporter of Friction Material in the world. At the same year, Friction Material was the 670th most exported product in Spain. The main destination of Friction Material exports from Spain are: Poland ($10M), Portugal ($5.74M), Italy ($5.17M), China ($4.16M), and Germany ($3.61M).

The fastest growing export markets for Friction Material of Spain between 2021 and 2022 were Poland ($2.5M), France ($1.87M), and Kuwait ($821k).

Imports In 2022, Spain imported $11.8M in Friction Material, becoming the 31st largest importer of Friction Material in the world. At the same year, Friction Material was the 958th most imported product in Spain. Spain imports Friction Material primarily from: France ($2.95M), Germany ($1.71M), China ($1.62M), India ($1.1M), and United Kingdom ($726k).

The fastest growing import markets in Friction Material for Spain between 2021 and 2022 were Poland ($308k), United States ($82.9k), and Peru ($71.9k).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Friction Material exports accounted up to €3.79M and imports accounted up to €1.33M, resulting in a positive trade balance of €2.47M. Between June 2023 and June 2024 the exports of Spain's   Friction Material have increased by €197k (5.47%) from €3.6M to €3.79M, while imports decreased by €-80k (-5.69%) from €1.41M to €1.33M.

Destinations In June 2024, Friction Material were exported mostly to Poland (€1.41M), France (€598k), Portugal (€342k), China (€339k), and Italy (€311k), and were imported mostly from Poland (€503k), Germany (€311k), India (€125k), China (€83.1k), and Italy (€80.1k).

Growth In June 2024, the increase in Friction Material's year-by-year exports was explained primarily by an increase in exports to Italy (€616k or 21.6k%), Poland (€528k or 90.1%), and France (€287k or 169%). In June 2024, the decrease in Friction Material's year-by-year imports was explained primarily by a decrease in imports from N/A.

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€197k(5.47%)
IMPORT GROWTH (June 2023 - June 2024)€-80k(-5.69%)
MAIN EXPORTER (June 2024)Barcelona€3.37M
MAIN DESTINATION (June 2024)Poland€1.41M

This section shows Friction Material'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 Friction Material over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$44.5M
IMPORTS (2022)$11.8M
NET TRADE (2022)$32.7M

In 2022, Spain exported $44.5M in Friction Material. The main destinations of Spain exports on Friction Material were Poland ($10M), Portugal ($5.74M), Italy ($5.17M), China ($4.16M), and Germany ($3.61M).

In 2022, Spain imported $11.8M in Friction Material, mainly from France ($2.95M), Germany ($1.71M), China ($1.62M), India ($1.1M), and United Kingdom ($726k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Friction Material EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Poland$2.5M (33.4%)
France$1.87M (175%)
Kuwait$821k (759%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Friction Material BY Spain WERE (2021 - 2022):
China-$2.87M (-40.9%)
Algeria-$1.99M (-65.3%)
Germany-$1.03M (-22.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Friction Material were:
Japan $247M
United States $191M
Germany $155M
In 2022, Spain's main importing competitors in Friction Material were:
United States $164M
China $111M
Germany $85.5M

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Trade Value of Friction Material by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.38M
TOP IMPORT POTENTIALFrance+ $801k

Friction Material’s highest export potential is France. With an export gap of $1.38M.   Friction Material’s highest import potential is France with an import gap of $801k.

See methodology.

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