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2022
Exports $1.01BWorld Rnk 19 / 152
Flag Rnk 78 / 1214
2022
Destination $67.6M Portugal
2021 - 2022
FASTEST GROWING MARKET $67.6MPortugal
2022
PRODUCT COMPLEXITY IN Raw Aluminium-1.12Rnk 859 / 1025
2022
Imports $2.51BWorld Rnk 11 / 187
Flag Rnk 24 / 1214
2022
Origin $82M Norway
2021 - 2022
FASTEST GROWING ORIGIN $82MMalaysia
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $1.01B in Raw Aluminium, making it the 19th largest exporter of Raw Aluminium in the world. At the same year, Raw Aluminium was the 78th most exported product in Spain. The main destination of Raw Aluminium exports from Spain are: Portugal ($460M), France ($113M), Netherlands ($97.3M), Italy ($89.8M), and Japan ($51.2M).

The fastest growing export markets for Raw Aluminium of Spain between 2021 and 2022 were Portugal ($67.6M), France ($18M), and Indonesia ($9.99M).

Imports In 2022, Spain imported $2.51B in Raw Aluminium, becoming the 11th largest importer of Raw Aluminium in the world. At the same year, Raw Aluminium was the 24th most imported product in Spain. Spain imports Raw Aluminium primarily from: Norway ($362M), Netherlands ($359M), Bahrain ($324M), Mozambique ($247M), and United Arab Emirates ($197M).

The fastest growing import markets in Raw Aluminium for Spain between 2021 and 2022 were Malaysia ($82M), Mozambique ($58.2M), and Vietnam ($53.2M).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Raw Aluminium exports accounted up to €72.7M and imports accounted up to €156M, resulting in a negative trade balance of €83M. Between June 2023 and June 2024 the exports of Spain's   Raw Aluminium have increased by €9.78M (15.5%) from €62.9M to €72.7M, while imports increased by €1.62M (1.05%) from €154M to €156M.

Destinations In June 2024, Raw Aluminium were exported mostly to Portugal (€31.8M), Netherlands (€10.8M), Greece (€8.38M), France (€4.48M), and Italy (€3.84M), and were imported mostly from Netherlands (€43.1M), Bahrain (€16.7M), Russia (€14.3M), South Korea (€12.2M), and Malaysia (€10.6M).

Growth In June 2024, the increase in Raw Aluminium's year-by-year exports was explained primarily by an increase in exports to Malaysia (€1.1M or 623%), Japan (€794k or 26.2%), and Morocco (€668k or 158%). In June 2024, the increase in Raw Aluminium's year-by-year imports was explained primarily by an increase in imports from Montenegro (€14.5M or 15k%), Russia (€7.81M or 1.09k%), and Brazil (€2.53M or 73.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€9.78M(15.5%)
IMPORT GROWTH (June 2023 - June 2024)€1.62M(1.05%)
MAIN EXPORTER (June 2024)Pontevedra€27M
MAIN DESTINATION (June 2024)Portugal€31.8M

This section shows Raw Aluminium'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 Raw Aluminium over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.01B
IMPORTS (2022)$2.51B
NET TRADE (2022)-$1.5B

In 2022, Spain exported $1.01B in Raw Aluminium. The main destinations of Spain exports on Raw Aluminium were Portugal ($460M), France ($113M), Netherlands ($97.3M), Italy ($89.8M), and Japan ($51.2M).

In 2022, Spain imported $2.51B in Raw Aluminium, mainly from Norway ($362M), Netherlands ($359M), Bahrain ($324M), Mozambique ($247M), and United Arab Emirates ($197M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Aluminium EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Portugal$67.6M (17.2%)
France$18M (19%)
Indonesia$9.99M (164%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Aluminium BY Spain WERE (2021 - 2022):
Netherlands-$87.3M (-47.3%)
Turkey-$38.4M (-89.8%)
China-$23.2M (-65.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Raw Aluminium were:
Canada $9.37B
India $8.44B
Russia $8.16B
In 2022, Spain's main importing competitors in Raw Aluminium were:
United States $15B
Germany $8.08B
Japan $6.62B

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Trade Value of Raw Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $43.1M
TOP IMPORT POTENTIALIndia+ $80.5M

Raw Aluminium’s highest export potential is France. With an export gap of $43.1M.   Raw Aluminium’s highest import potential is India with an import gap of $80.5M.

See methodology.

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