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2022
Exports $10.8MWorld Rnk 16 / 132
Flag Rnk 907 / 1214
2022
Destination $407k Portugal
2021 - 2022
FASTEST GROWING MARKET $407kItaly
2022
PRODUCT COMPLEXITY IN Oil Seed Flower-0.94Rnk 826 / 1025
2022
Imports $19.1MWorld Rnk 15 / 195
Flag Rnk 855 / 1214
2022
Origin $966k Portugal
2021 - 2022
FASTEST GROWING ORIGIN $966kEthiopia
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $10.8M in Oil Seed Flower, making it the 16th largest exporter of Oil Seed Flower in the world. At the same year, Oil Seed Flower was the 907th most exported product in Spain. The main destination of Oil Seed Flower exports from Spain are: Portugal ($7.11M), France ($1.49M), Italy ($1.13M), Germany ($254k), and Cuba ($122k).

The fastest growing export markets for Oil Seed Flower of Spain between 2021 and 2022 were Italy ($407k), Germany ($229k), and Cuba ($121k).

Imports In 2022, Spain imported $19.1M in Oil Seed Flower, becoming the 15th largest importer of Oil Seed Flower in the world. At the same year, Oil Seed Flower was the 855th most imported product in Spain. Spain imports Oil Seed Flower primarily from: Portugal ($10.3M), France ($3.21M), Ethiopia ($1.07M), Serbia ($1.02M), and China ($765k).

The fastest growing import markets in Oil Seed Flower for Spain between 2021 and 2022 were Ethiopia ($966k), Germany ($409k), and France ($401k).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Oil Seed Flower exports accounted up to €659k and imports accounted up to €1.26M, resulting in a negative trade balance of €598k. Between June 2023 and June 2024 the exports of Spain's   Oil Seed Flower have increased by €104k (18.7%) from €555k to €659k, while imports decreased by €-1.29M (-50.6%) from €2.54M to €1.26M.

Destinations In June 2024, Oil Seed Flower were exported mostly to Portugal (€346k), Malaysia (€155k), France (€79.5k), Cyprus (€20.9k), and Austria (€15.9k), and were imported mostly from Portugal (€556k), France (€267k), Italy (€154k), Greece (€140k), and Netherlands (€52.6k).

Growth In June 2024, the increase in Oil Seed Flower's year-by-year exports was explained primarily by an increase in exports to Portugal (€223k or 253%), France (€131k or 458%), and Italy (€5.85k or 279%). In June 2024, the decrease in Oil Seed Flower's year-by-year imports was explained primarily by a decrease in imports from Serbia (€-15.1k or -70.7%), Austria (€-14.1k or -67.3%), and Italy (€-4.3k or -95.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€104k(18.7%)
IMPORT GROWTH (June 2023 - June 2024)€-1.29M(-50.6%)
MAIN EXPORTER (June 2024)Sevilla€856k
MAIN DESTINATION (June 2024)Portugal€346k

This section shows Oil Seed Flower'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 Oil Seed Flower over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$10.8M
IMPORTS (2022)$19.1M
NET TRADE (2022)-$8.32M

In 2022, Spain exported $10.8M in Oil Seed Flower. The main destinations of Spain exports on Oil Seed Flower were Portugal ($7.11M), France ($1.49M), Italy ($1.13M), Germany ($254k), and Cuba ($122k).

In 2022, Spain imported $19.1M in Oil Seed Flower, mainly from Portugal ($10.3M), France ($3.21M), Ethiopia ($1.07M), Serbia ($1.02M), and China ($765k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Oil Seed Flower EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Italy$407k (56.1%)
Germany$229k (915%)
Cuba$121k (25.8k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oil Seed Flower BY Spain WERE (2021 - 2022):
France-$1.7M (-53.2%)
Greece-$500k (-100%)
Portugal-$368k (-4.92%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Oil Seed Flower were:
United States $412M
Italy $139M
China $66.2M
In 2022, Spain's main importing competitors in Oil Seed Flower were:
Vietnam $132M
Japan $79.5M
South Korea $73.8M

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Trade Value of Oil Seed Flower by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $265k
TOP IMPORT POTENTIALChina+ $409k

Oil Seed Flower’s highest export potential is Germany. With an export gap of $265k.   Oil Seed Flower’s highest import potential is China with an import gap of $409k.

See methodology.

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