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2022
Exports $1.62BWorld Rnk 11 / 180
Flag Rnk 39 / 1214
2022
Destination $480M Morocco
2021 - 2022
FASTEST GROWING MARKET $480MMorocco
2022
PRODUCT COMPLEXITY IN Spark-Ignition Engines1.15Rnk 117 / 1025
2022
Imports $2.45BWorld Rnk 5 / 222
Flag Rnk 25 / 1214
2022
Origin $180M Hungary
2021 - 2022
FASTEST GROWING ORIGIN $180MHungary
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $1.62B in Spark-Ignition Engines, making it the 11th largest exporter of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 39th most exported product in Spain. The main destination of Spark-Ignition Engines exports from Spain are: Morocco ($700M), Canada ($247M), Romania ($169M), United States ($108M), and Turkey ($91.6M).

The fastest growing export markets for Spark-Ignition Engines of Spain between 2021 and 2022 were Morocco ($480M), Romania ($123M), and Brazil ($48M).

Imports In 2022, Spain imported $2.45B in Spark-Ignition Engines, becoming the 5th largest importer of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 25th most imported product in Spain. Spain imports Spark-Ignition Engines primarily from: Hungary ($675M), Germany ($646M), France ($406M), Mexico ($163M), and Poland ($124M).

The fastest growing import markets in Spark-Ignition Engines for Spain between 2021 and 2022 were Hungary ($180M), Mexico ($63.7M), and United Kingdom ($31.6M).

COMPANIES In 2023, leading companies such as Ford Motor Company (7) and John Deere (1) were at the forefront of shipping Spark-Ignition Engines from Spain to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Spain's Spark-Ignition Engines exports accounted up to €54.2M and imports accounted up to €85.7M, resulting in a negative trade balance of €31.4M. Between August 2023 and August 2024 the exports of Spain's   Spark-Ignition Engines have decreased by €-38.5M (-41.5%) from €92.7M to €54.2M, while imports decreased by €-12.1M (-12.4%) from €97.8M to €85.7M.

Destinations In August 2024, Spark-Ignition Engines were exported mostly to Morocco (€28.3M), Mexico (€6.96M), Turkey (€4.79M), France (€4.76M), and Brazil (€1.54M), and were imported mostly from Germany (€46.2M), France (€13.6M), Turkey (€7.14M), Czechia (€7.07M), and Hungary (€6.27M).

Growth In August 2024, the decrease in Spark-Ignition Engines's year-by-year exports was explained primarily by a decrease in exports to Canada (€-11.6M or -39.7%), France (€-2.53M or -43.4%), and Turkey (€-2.3M or -32.7%). In August 2024, the decrease in Spark-Ignition Engines's year-by-year imports was explained primarily by a decrease in imports from Mexico (€-15.4M or -74.1%), Poland (€-2.66M or -99.8%), and Morocco (€-929k or -79.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-38.5M(-41.5%)
IMPORT GROWTH (August 2023 - August 2024)€-12.1M(-12.4%)
MAIN EXPORTER (August 2024)Sin Provincia Asignada€79.8M
MAIN DESTINATION (August 2024)Morocco€28.3M

This section shows Spark-Ignition Engines'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 Spark-Ignition Engines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.62B
IMPORTS (2022)$2.45B
NET TRADE (2022)-$828M

In 2022, Spain exported $1.62B in Spark-Ignition Engines. The main destinations of Spain exports on Spark-Ignition Engines were Morocco ($700M), Canada ($247M), Romania ($169M), United States ($108M), and Turkey ($91.6M).

In 2022, Spain imported $2.45B in Spark-Ignition Engines, mainly from Hungary ($675M), Germany ($646M), France ($406M), Mexico ($163M), and Poland ($124M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spark-Ignition Engines EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Morocco$480M (218%)
Romania$123M (265%)
Brazil$48M (633%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spark-Ignition Engines BY Spain WERE (2021 - 2022):
United States-$64.1M (-37.2%)
France-$50.6M (-70%)
Russia-$49.2M (-74%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Spark-Ignition Engines were:
United States $7B
Germany $5.21B
Japan $5.2B
In 2022, Spain's main importing competitors in Spark-Ignition Engines were:
United States $11.7B
Canada $4.24B
Germany $3.61B

Explore Visualizations

Trade Value of Spark-Ignition Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $70.7M
TOP IMPORT POTENTIALUnited States+ $41.9M

Spark-Ignition Engines’s highest export potential is United States. With an export gap of $70.7M.   Spark-Ignition Engines’s highest import potential is United States with an import gap of $41.9M.

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