2022
Exports
$107MWorld Rnk 27 / 185
Flag Rnk 468 / 1214
2022
PRODUCT COMPLEXITY IN Large Construction Vehicles
0.88Rnk 219 / 1025
2022
Imports
$599MWorld Rnk 24 / 222
Flag Rnk 157 / 1214
2022
ECONOMIC COMPLEXITY of Spain
0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $107M in Large Construction Vehicles, making it the 27th largest exporter of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 468th most exported product in Spain. The main destination of Large Construction Vehicles exports from Spain are: Portugal ($33.8M), Egypt ($5.7M), Morocco ($4.85M), Benin ($4.65M), and Netherlands ($3.74M).

The fastest growing export markets for Large Construction Vehicles of Spain between 2021 and 2022 were Benin ($4.63M), Finland ($2.96M), and Hungary ($2.4M).

Imports In 2022, Spain imported $599M in Large Construction Vehicles, becoming the 24th largest importer of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 157th most imported product in Spain. Spain imports Large Construction Vehicles primarily from: Germany ($92.2M), United Kingdom ($75.6M), Netherlands ($55M), France ($41.2M), and Belgium ($41.1M).

The fastest growing import markets in Large Construction Vehicles for Spain between 2021 and 2022 were South Korea ($31.4M), China ($10.6M), and United Kingdom ($8.38M).

COMPANIES In 2023, leading companies such as John Deere (494), CNH Industrial (68), and Ford Motor Company (3) were at the forefront of shipping Large Construction Vehicles from Spain to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€978k(22.7%)
IMPORT GROWTH (June 2023 - June 2024)€-16.7M(-26.1%)
MAIN EXPORTER (June 2024)Madrid€2.09M
MAIN DESTINATION (June 2024)Portugal€2.17M

This section shows Large Construction Vehicles'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 Large Construction Vehicles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$107M
IMPORTS (2022)$599M
NET TRADE (2022)-$492M

In 2022, Spain exported $107M in Large Construction Vehicles. The main destinations of Spain exports on Large Construction Vehicles were Portugal ($33.8M), Egypt ($5.7M), Morocco ($4.85M), Benin ($4.65M), and Netherlands ($3.74M).

In 2022, Spain imported $599M in Large Construction Vehicles, mainly from Germany ($92.2M), United Kingdom ($75.6M), Netherlands ($55M), France ($41.2M), and Belgium ($41.1M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Construction Vehicles EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Benin$4.63M (24.6k%)
Finland$2.96M (3.7M%)
Hungary$2.4M (2.02M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Construction Vehicles BY Spain WERE (2021 - 2022):
Portugal-$10.6M (-23.9%)
Morocco-$4.71M (-49.3%)
France-$2.85M (-51.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Large Construction Vehicles were:
In 2022, Spain's main importing competitors in Large Construction Vehicles were:

Explore Visualizations

Trade Value of Large Construction Vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.38M
TOP IMPORT POTENTIALChina+ $38.8M

Large Construction Vehicles’s highest export potential is United States. With an export gap of $6.38M.   Large Construction Vehicles’s highest import potential is China with an import gap of $38.8M.

See methodology.

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