2018
Exports
$77.3MWorld Rnk 4 / 166
Flag Rnk 546 / 1214
2022
PRODUCT COMPLEXITY IN Locust beans, seaweed, sugar beet, cane, for food
-1.76Rnk 977 / 1025
2018
Imports
$182MWorld Rnk 3 / 197
Flag Rnk 388 / 1214
2022
ECONOMIC COMPLEXITY of Spain
0.81Rnk 33 / 133

About

Exports In 2018, Spain exported $77.3M in Locust beans, seaweed, sugar beet, cane, for food, making it the 4th largest exporter of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 546th most exported product in Spain. The main destination of Locust beans, seaweed, sugar beet, cane, for food exports from Spain are: Italy ($46.7M), Vietnam ($5.73M), France ($4.08M), Switzerland ($2.42M), and Thailand ($2.21M).

The fastest growing export markets for Locust beans, seaweed, sugar beet, cane, for food of Spain between 2021 and 2022 were Italy ($11.6M), Vietnam ($2.2M), and Switzerland ($1.55M).

Imports In 2022, Spain imported $182M in Locust beans, seaweed, sugar beet, cane, for food, becoming the 3rd largest importer of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 388th most imported product in Spain. Spain imports Locust beans, seaweed, sugar beet, cane, for food primarily from: Portugal ($82.1M), Morocco ($41M), Algeria ($23.3M), China ($6.53M), and Tunisia ($6.46M).

The fastest growing import markets in Locust beans, seaweed, sugar beet, cane, for food for Spain between 2021 and 2022 were Portugal ($36.9M), Algeria ($8.78M), and Lebanon ($5.83M).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€402k(12.4%)
IMPORT GROWTH (June 2023 - June 2024)€-166k(-4.39%)
MAIN EXPORTER (June 2024)Valencia€2.93M
MAIN DESTINATION (June 2024)Italy€570k

This section shows Locust beans, seaweed, sugar beet, cane, for food'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 Locust beans, seaweed, sugar beet, cane, for food over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$77.3M
IMPORTS (2022)$182M
NET TRADE (2022)-$105M

In 2022, Spain exported $77.3M in Locust beans, seaweed, sugar beet, cane, for food. The main destinations of Spain exports on Locust beans, seaweed, sugar beet, cane, for food were Italy ($46.7M), Vietnam ($5.73M), France ($4.08M), Switzerland ($2.42M), and Thailand ($2.21M).

In 2022, Spain imported $182M in Locust beans, seaweed, sugar beet, cane, for food, mainly from Portugal ($82.1M), Morocco ($41M), Algeria ($23.3M), China ($6.53M), and Tunisia ($6.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Locust beans, seaweed, sugar beet, cane, for food EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Italy$11.6M (33%)
Vietnam$2.2M (62.2%)
Switzerland$1.55M (179%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locust beans, seaweed, sugar beet, cane, for food BY Spain WERE (2021 - 2022):
Turkey-$2.65M (-92.9%)
Morocco-$2.31M (-79.4%)
Thailand-$1.03M (-31.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Locust beans, seaweed, sugar beet, cane, for food were:
In 2022, Spain's main importing competitors in Locust beans, seaweed, sugar beet, cane, for food were:
Italy $253M
China $202M

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Trade Value of Locust beans, seaweed, sugar beet, cane, for food by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $2.4M
TOP IMPORT POTENTIALChina+ $4.89M

Locust beans, seaweed, sugar beet, cane, for food’s highest export potential is France. With an export gap of $2.4M.   Locust beans, seaweed, sugar beet, cane, for food’s highest import potential is China with an import gap of $4.89M.

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