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2022
Exports $283MWorld Rnk 5 / 180
Flag Rnk 274 / 1214
2022
Destination $8.56M United States
2021 - 2022
FASTEST GROWING MARKET $8.56MUnited States
2022
PRODUCT COMPLEXITY IN Pepper-1.94Rnk 994 / 1025
2022
Imports $182MWorld Rnk 6 / 221
Flag Rnk 389 / 1214
2022
Origin $5.03M China
2021 - 2022
FASTEST GROWING ORIGIN $5.03MZambia
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $283M in Pepper, making it the 5th largest exporter of Pepper in the world. At the same year, Pepper was the 274th most exported product in Spain. The main destination of Pepper exports from Spain are: United States ($77M), Germany ($28.6M), United Kingdom ($24.1M), France ($19M), and Austria ($11.6M).

The fastest growing export markets for Pepper of Spain between 2021 and 2022 were United States ($8.56M), Morocco ($2.65M), and Austria ($1.61M).

Imports In 2022, Spain imported $182M in Pepper, becoming the 6th largest importer of Pepper in the world. At the same year, Pepper was the 389th most imported product in Spain. Spain imports Pepper primarily from: China ($122M), Peru ($13.1M), Vietnam ($13.1M), Zambia ($9.86M), and India ($4.53M).

The fastest growing import markets in Pepper for Spain between 2021 and 2022 were Zambia ($5.03M), Netherlands ($1.07M), and Poland ($608k).

COMPANIES In 2023, leading companies such as Goya Foods (1) were at the forefront of shipping Pepper from Spain to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Spain's Pepper exports accounted up to €26.1M and imports accounted up to €17.5M, resulting in a positive trade balance of €8.59M. Between June 2023 and June 2024 the exports of Spain's   Pepper have decreased by €-849k (-3.15%) from €27M to €26.1M, while imports increased by €3.79M (27.6%) from €13.7M to €17.5M.

Destinations In June 2024, Pepper were exported mostly to United States (€6.46M), Germany (€2.49M), France (€2.26M), United Kingdom (€1.91M), and Poland (€1.27M), and were imported mostly from China (€13M), Peru (€1.98M), Vietnam (€979k), India (€286k), and Brazil (€241k).

Growth In June 2024, the decrease in Pepper's year-by-year exports was explained primarily by a decrease in exports to Cuba (€-143k or -80.1%), Singapore (€-112k or -96.5%), and South Africa (€-94.3k or -26.2%). In June 2024, the increase in Pepper's year-by-year imports was explained primarily by an increase in imports from Zambia (€2.65M or 142%), Germany (€32k or 19.8%), and Italy (€13k or 189%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-849k(-3.15%)
IMPORT GROWTH (June 2023 - June 2024)€3.79M(27.6%)
MAIN EXPORTER (June 2024)Murcia€32.7M
MAIN DESTINATION (June 2024)United States€6.46M

This section shows Pepper'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 Pepper over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$283M
IMPORTS (2022)$182M
NET TRADE (2022)$101M

In 2022, Spain exported $283M in Pepper. The main destinations of Spain exports on Pepper were United States ($77M), Germany ($28.6M), United Kingdom ($24.1M), France ($19M), and Austria ($11.6M).

In 2022, Spain imported $182M in Pepper, mainly from China ($122M), Peru ($13.1M), Vietnam ($13.1M), Zambia ($9.86M), and India ($4.53M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pepper EXPORT MARKETS FOR Spain WERE (2021 - 2022):
United States$8.56M (12.5%)
Morocco$2.65M (570%)
Austria$1.61M (16.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pepper BY Spain WERE (2021 - 2022):
Australia-$809k (-13.6%)
Russia-$792k (-43.1%)
Cuba-$389k (-46.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Pepper were:
India $1.21B
Vietnam $1.02B
China $727M
In 2022, Spain's main importing competitors in Pepper were:
United States $887M
China $400M
Thailand $243M

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Trade Value of Pepper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $4.19M
TOP IMPORT POTENTIALIndia+ $5.07M

Pepper’s highest export potential is France. With an export gap of $4.19M.   Pepper’s highest import potential is India with an import gap of $5.07M.

See methodology.

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