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2022
Exports $785MWorld Rnk 10 / 162
Flag Rnk 112 / 1214
2022
Destination $28.1M Portugal
2021 - 2022
FASTEST GROWING MARKET $28.1MFinland
2022
PRODUCT COMPLEXITY IN Raw Iron Bars-1.3Rnk 911 / 1025
2022
Imports $396MWorld Rnk 17 / 217
Flag Rnk 223 / 1214
2022
Origin $8.14M Portugal
2021 - 2022
FASTEST GROWING ORIGIN $8.14MFrance
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $785M in Raw Iron Bars, making it the 10th largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 112th most exported product in Spain. The main destination of Raw Iron Bars exports from Spain are: Portugal ($255M), France ($174M), Germany ($55M), Finland ($46.4M), and United Kingdom ($40.7M).

The fastest growing export markets for Raw Iron Bars of Spain between 2021 and 2022 were Finland ($28.1M), Portugal ($24M), and Germany ($17.6M).

Imports In 2022, Spain imported $396M in Raw Iron Bars, becoming the 17th largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 223rd most imported product in Spain. Spain imports Raw Iron Bars primarily from: Portugal ($195M), Italy ($96.2M), France ($24M), Egypt ($20.8M), and Germany ($17.9M).

The fastest growing import markets in Raw Iron Bars for Spain between 2021 and 2022 were France ($8.14M), China ($7.41M), and Egypt ($4.18M).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Raw Iron Bars exports accounted up to €43.2M and imports accounted up to €19.9M, resulting in a positive trade balance of €23.4M. Between June 2023 and June 2024 the exports of Spain's   Raw Iron Bars have decreased by €-7.89M (-15.4%) from €51.1M to €43.2M, while imports decreased by €-7.41M (-27.2%) from €27.3M to €19.9M.

Destinations In June 2024, Raw Iron Bars were exported mostly to Portugal (€19.4M), France (€8.01M), Germany (€3.95M), United States (€3.89M), and Italy (€2.14M), and were imported mostly from Portugal (€7.77M), Italy (€6.54M), China (€1.61M), Egypt (€971k), and France (€741k).

Growth In June 2024, the decrease in Raw Iron Bars's year-by-year exports was explained primarily by a decrease in exports to Poland (€-2.67M or -93.9%), United Kingdom (€-523k or -40.1%), and Germany (€-414k or -9.77%). In June 2024, the decrease in Raw Iron Bars's year-by-year imports was explained primarily by a decrease in imports from Egypt (€-1.66M or -27.9%), Germany (€-645k or -54.1%), and France (€-428k or -48.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-7.89M(-15.4%)
IMPORT GROWTH (June 2023 - June 2024)€-7.41M(-27.2%)
MAIN EXPORTER (June 2024)A Coruña€14.4M
MAIN DESTINATION (June 2024)Portugal€19.4M

This section shows Raw Iron Bars'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 Iron Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$785M
IMPORTS (2022)$396M
NET TRADE (2022)$389M

In 2022, Spain exported $785M in Raw Iron Bars. The main destinations of Spain exports on Raw Iron Bars were Portugal ($255M), France ($174M), Germany ($55M), Finland ($46.4M), and United Kingdom ($40.7M).

In 2022, Spain imported $396M in Raw Iron Bars, mainly from Portugal ($195M), Italy ($96.2M), France ($24M), Egypt ($20.8M), and Germany ($17.9M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Raw Iron Bars EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Finland$28.1M (154%)
Portugal$24M (10.4%)
Germany$17.6M (46.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY Spain WERE (2021 - 2022):
United Kingdom-$8.13M (-16.7%)
Poland-$7.02M (-42.8%)
Algeria-$5.97M (-51.5%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Raw Iron Bars were:
Turkey $4.24B
Malaysia $1.83B
Italy $1.71B
In 2022, Spain's main importing competitors in Raw Iron Bars were:
Hong Kong $1.93B
Germany $1.72B
United States $1.58B

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Trade Value of Raw Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $18.9M
TOP IMPORT POTENTIALFrance+ $13.7M

Raw Iron Bars’s highest export potential is Germany. With an export gap of $18.9M.   Raw Iron Bars’s highest import potential is France with an import gap of $13.7M.

See methodology.

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