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2022
Exports $107MWorld Rnk 21 / 190
Flag Rnk 469 / 1214
2022
Destination $2.98M France
2021 - 2022
FASTEST GROWING MARKET $2.98MFinland
2022
PRODUCT COMPLEXITY IN High-voltage Protection Equipment0.71Rnk 272 / 1025
2022
Imports $193MWorld Rnk 10 / 218
Flag Rnk 367 / 1214
2022
Origin $13.2M Germany
2021 - 2022
FASTEST GROWING ORIGIN $13.2MGermany
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $107M in High-voltage Protection Equipment, making it the 21st largest exporter of High-voltage Protection Equipment in the world. At the same year, High-voltage Protection Equipment was the 469th most exported product in Spain. The main destination of High-voltage Protection Equipment exports from Spain are: France ($11.8M), Morocco ($11M), Portugal ($6.23M), United States ($6.01M), and Finland ($6M).

The fastest growing export markets for High-voltage Protection Equipment of Spain between 2021 and 2022 were Finland ($2.98M), Italy ($2.18M), and Portugal ($1.89M).

Imports In 2022, Spain imported $193M in High-voltage Protection Equipment, becoming the 10th largest importer of High-voltage Protection Equipment in the world. At the same year, High-voltage Protection Equipment was the 367th most imported product in Spain. Spain imports High-voltage Protection Equipment primarily from: Germany ($43M), France ($30.2M), Italy ($21.5M), Switzerland ($14.4M), and South Korea ($13.7M).

The fastest growing import markets in High-voltage Protection Equipment for Spain between 2021 and 2022 were Germany ($13.2M), China ($2.48M), and Poland ($2.41M).

COMPANIES In 2023, leading companies such as ABB Motors and Mechanical (4) were at the forefront of shipping High-voltage Protection Equipment from Spain to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Spain's High-voltage Protection Equipment exports accounted up to €9.27M and imports accounted up to €12.6M, resulting in a negative trade balance of €3.34M. Between June 2023 and June 2024 the exports of Spain's   High-voltage Protection Equipment have increased by €781k (9.2%) from €8.49M to €9.27M, while imports decreased by €-2.58M (-17%) from €15.2M to €12.6M.

Destinations In June 2024, High-voltage Protection Equipment were exported mostly to United States (€1.55M), Finland (€1.16M), France (€1.03M), Portugal (€414k), and Bosnia and Herzegovina (€401k), and were imported mostly from South Korea (€2.26M), France (€2.18M), Germany (€1.58M), China (€1.03M), and Italy (€985k).

Growth In June 2024, the increase in High-voltage Protection Equipment's year-by-year exports was explained primarily by an increase in exports to United Kingdom (€2.18M or 12.7k%), United States (€962k or 734%), and Brazil (€432k or 2.23k%). In June 2024, the decrease in High-voltage Protection Equipment's year-by-year imports was explained primarily by a decrease in imports from South Korea (€-1.39M or -93.5%), Germany (€-562k or -27.3%), and Slovenia (€-184k or -97.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€781k(9.2%)
IMPORT GROWTH (June 2023 - June 2024)€-2.58M(-17%)
MAIN EXPORTER (June 2024)Vizcaya€3.72M
MAIN DESTINATION (June 2024)United States€1.55M

This section shows High-voltage Protection Equipment'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 High-voltage Protection Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$107M
IMPORTS (2022)$193M
NET TRADE (2022)-$86M

In 2022, Spain exported $107M in High-voltage Protection Equipment. The main destinations of Spain exports on High-voltage Protection Equipment were France ($11.8M), Morocco ($11M), Portugal ($6.23M), United States ($6.01M), and Finland ($6M).

In 2022, Spain imported $193M in High-voltage Protection Equipment, mainly from Germany ($43M), France ($30.2M), Italy ($21.5M), Switzerland ($14.4M), and South Korea ($13.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING High-voltage Protection Equipment EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Finland$2.98M (98.6%)
Italy$2.18M (127%)
Portugal$1.89M (43.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF High-voltage Protection Equipment BY Spain WERE (2021 - 2022):
Malaysia-$2.44M (-56.1%)
Algeria-$2.22M (-45.8%)
Netherlands-$1.02M (-29.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in High-voltage Protection Equipment were:
China $1.31B
Germany $1.23B
United States $806M
In 2022, Spain's main importing competitors in High-voltage Protection Equipment were:
United States $1.17B
Saudi Arabia $542M
China $500M

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Trade Value of High-voltage Protection Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.08M
TOP IMPORT POTENTIALChina+ $7.14M

High-voltage Protection Equipment’s highest export potential is United States. With an export gap of $4.08M.   High-voltage Protection Equipment’s highest import potential is China with an import gap of $7.14M.

See methodology.

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