2022
Exports
$379MWorld Rnk 12 / 199
Flag Rnk 231 / 1214
2022
PRODUCT COMPLEXITY IN Metalworking Machine Parts
1.64Rnk 34 / 1025
2022
Imports
$303MWorld Rnk 19 / 220
Flag Rnk 282 / 1214
2022
ECONOMIC COMPLEXITY of Spain
0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $379M in Metalworking Machine Parts, making it the 12th largest exporter of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 231st most exported product in Spain. The main destination of Metalworking Machine Parts exports from Spain are: Portugal ($43.3M), France ($38.5M), Germany ($36.8M), United States ($34.5M), and China ($32.9M).

The fastest growing export markets for Metalworking Machine Parts of Spain between 2021 and 2022 were Denmark ($8.61M), India ($7.22M), and France ($6.38M).

Imports In 2022, Spain imported $303M in Metalworking Machine Parts, becoming the 19th largest importer of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 282nd most imported product in Spain. Spain imports Metalworking Machine Parts primarily from: Germany ($86.7M), Italy ($63.7M), China ($22.9M), France ($20.7M), and United States ($13.7M).

The fastest growing import markets in Metalworking Machine Parts for Spain between 2021 and 2022 were China ($6.11M), Denmark ($2.9M), and Poland ($1.47M).

COMPANIES In 2023, leading companies such as GE RENEWABLES NORTH AMERICA LLC (1) were at the forefront of shipping Metalworking Machine Parts from Spain to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-30.9M(-54.2%)
IMPORT GROWTH (June 2023 - June 2024)€-394k(-1.33%)
MAIN EXPORTER (June 2024)Guipúzcoa€17.9M
MAIN DESTINATION (June 2024)United States€5.62M

This section shows Metalworking Machine Parts'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 Metalworking Machine Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$379M
IMPORTS (2022)$303M
NET TRADE (2022)$76.4M

In 2022, Spain exported $379M in Metalworking Machine Parts. The main destinations of Spain exports on Metalworking Machine Parts were Portugal ($43.3M), France ($38.5M), Germany ($36.8M), United States ($34.5M), and China ($32.9M).

In 2022, Spain imported $303M in Metalworking Machine Parts, mainly from Germany ($86.7M), Italy ($63.7M), China ($22.9M), France ($20.7M), and United States ($13.7M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machine Parts EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Denmark$8.61M (241%)
India$7.22M (191%)
France$6.38M (19.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machine Parts BY Spain WERE (2021 - 2022):
United States-$13.6M (-28.3%)
Germany-$8.2M (-18.2%)
Russia-$5.83M (-68.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Metalworking Machine Parts were:
In 2022, Spain's main importing competitors in Metalworking Machine Parts were:

Explore Visualizations

Trade Value of Metalworking Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $17M
TOP IMPORT POTENTIALChina+ $12.7M

Metalworking Machine Parts’s highest export potential is United States. With an export gap of $17M.   Metalworking Machine Parts’s highest import potential is China with an import gap of $12.7M.

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