2022
Exports
$355MWorld Rnk 11 / 176
Flag Rnk 239 / 1214
2022
PRODUCT COMPLEXITY IN Synthetic Coloring Matter
0.71Rnk 271 / 1025
2022
Imports
$316MWorld Rnk 17 / 215
Flag Rnk 273 / 1214
2022
ECONOMIC COMPLEXITY of Spain
0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $355M in Synthetic Coloring Matter, making it the 11th largest exporter of Synthetic Coloring Matter in the world. At the same year, Synthetic Coloring Matter was the 239th most exported product in Spain. The main destination of Synthetic Coloring Matter exports from Spain are: Germany ($79.3M), Italy ($41.9M), France ($30.2M), Turkey ($24.6M), and Portugal ($24.2M).

The fastest growing export markets for Synthetic Coloring Matter of Spain between 2021 and 2022 were Turkey ($1.94M), Belgium ($1.91M), and Sweden ($1.75M).

Imports In 2022, Spain imported $316M in Synthetic Coloring Matter, becoming the 17th largest importer of Synthetic Coloring Matter in the world. At the same year, Synthetic Coloring Matter was the 273rd most imported product in Spain. Spain imports Synthetic Coloring Matter primarily from: Germany ($62.9M), India ($62.8M), China ($46.8M), Belgium ($28.1M), and Italy ($18.9M).

The fastest growing import markets in Synthetic Coloring Matter for Spain between 2021 and 2022 were India ($5.04M), France ($2.44M), and Portugal ($601k).

COMPANIES In 2023, leading companies such as Electrolux (4), ASOS (2), and Volkswagen (2) were at the forefront of shipping Synthetic Coloring Matter from Spain to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-1.99M(-9.05%)
IMPORT GROWTH (June 2023 - June 2024)€130k(0.57%)
MAIN EXPORTER (June 2024)Barcelona€21.6M
MAIN DESTINATION (June 2024)Germany€4.93M

This section shows Synthetic Coloring Matter'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 Synthetic Coloring Matter over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$355M
IMPORTS (2022)$316M
NET TRADE (2022)$38.9M

In 2022, Spain exported $355M in Synthetic Coloring Matter. The main destinations of Spain exports on Synthetic Coloring Matter were Germany ($79.3M), Italy ($41.9M), France ($30.2M), Turkey ($24.6M), and Portugal ($24.2M).

In 2022, Spain imported $316M in Synthetic Coloring Matter, mainly from Germany ($62.9M), India ($62.8M), China ($46.8M), Belgium ($28.1M), and Italy ($18.9M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Coloring Matter EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Turkey$1.94M (8.57%)
Belgium$1.91M (77.3%)
Sweden$1.75M (55.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Coloring Matter BY Spain WERE (2021 - 2022):
Italy-$24.2M (-36.6%)
Germany-$6.35M (-7.42%)
Bangladesh-$3.5M (-29.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Synthetic Coloring Matter were:
China $3.05B
India $2.92B
Germany $1.36B
In 2022, Spain's main importing competitors in Synthetic Coloring Matter were:

Explore Visualizations

Trade Value of Synthetic Coloring Matter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $11.3M
TOP IMPORT POTENTIALIndia+ $19.6M

Synthetic Coloring Matter’s highest export potential is France. With an export gap of $11.3M.   Synthetic Coloring Matter’s highest import potential is India with an import gap of $19.6M.

See methodology.

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