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2022
Exports $1.4BWorld Rnk 10 / 219
Flag Rnk 48 / 1214
2022
Destination $103M United States
2021 - 2022
FASTEST GROWING MARKET $103MGermany
2022
PRODUCT COMPLEXITY IN Transmissions1.46Rnk 62 / 1025
2022
Imports $1.12BWorld Rnk 17 / 225
Flag Rnk 92 / 1214
2022
Origin $31.4M Germany
2021 - 2022
FASTEST GROWING ORIGIN $31.4MChina
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $1.4B in Transmissions, making it the 10th largest exporter of Transmissions in the world. At the same year, Transmissions was the 48th most exported product in Spain. The main destination of Transmissions exports from Spain are: United States ($355M), Germany ($234M), Brazil ($148M), Poland ($82.1M), and United Kingdom ($80.6M).

The fastest growing export markets for Transmissions of Spain between 2021 and 2022 were Germany ($103M), Brazil ($24.8M), and United Kingdom ($16.1M).

Imports In 2022, Spain imported $1.12B in Transmissions, becoming the 17th largest importer of Transmissions in the world. At the same year, Transmissions was the 92nd most imported product in Spain. Spain imports Transmissions primarily from: Germany ($346M), China ($188M), Italy ($142M), France ($83.4M), and United Kingdom ($38.7M).

The fastest growing import markets in Transmissions for Spain between 2021 and 2022 were China ($31.4M), France ($13.3M), and Turkey ($9.6M).

COMPANIES In 2023, leading companies such as John Deere (36), Nissan (9), and Ford Motor Company (2) were at the forefront of shipping Transmissions from Spain to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Spain's Transmissions exports accounted up to €55.5M and imports accounted up to €69.9M, resulting in a negative trade balance of €14.4M. Between August 2023 and August 2024 the exports of Spain's   Transmissions have decreased by €-14.8M (-21.1%) from €70.3M to €55.5M, while imports increased by €3.73M (5.63%) from €66.2M to €69.9M.

Destinations In August 2024, Transmissions were exported mostly to United States (€8.55M), Brazil (€6.98M), United Kingdom (€5.31M), Germany (€3.46M), and Portugal (€3.37M), and were imported mostly from China (€17.9M), Germany (€15.7M), Denmark (€5.36M), Italy (€4.4M), and France (€3.03M).

Growth In August 2024, the decrease in Transmissions's year-by-year exports was explained primarily by a decrease in exports to Denmark (€-2.47M or -93.4%), Japan (€-354k or -43.7%), and Algeria (€-246k or -94.3%). In August 2024, the increase in Transmissions's year-by-year imports was explained primarily by an increase in imports from Turkey (€2.81M or 341%), Italy (€2.25M or 33.7%), and United States (€1.85M or 88%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-14.8M(-21.1%)
IMPORT GROWTH (August 2023 - August 2024)€3.73M(5.63%)
MAIN EXPORTER (August 2024)Madrid€36.3M
MAIN DESTINATION (August 2024)United States€8.55M

This section shows Transmissions'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 Transmissions over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.4B
IMPORTS (2022)$1.12B
NET TRADE (2022)$281M

In 2022, Spain exported $1.4B in Transmissions. The main destinations of Spain exports on Transmissions were United States ($355M), Germany ($234M), Brazil ($148M), Poland ($82.1M), and United Kingdom ($80.6M).

In 2022, Spain imported $1.12B in Transmissions, mainly from Germany ($346M), China ($188M), Italy ($142M), France ($83.4M), and United Kingdom ($38.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Transmissions EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Germany$103M (78.1%)
Brazil$24.8M (20.1%)
United Kingdom$16.1M (24.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Transmissions BY Spain WERE (2021 - 2022):
Portugal-$29.5M (-48%)
Hungary-$20.7M (-59.5%)
Russia-$12.1M (-88.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Transmissions were:
Germany $12.6B
China $11.7B
United States $7.44B
In 2022, Spain's main importing competitors in Transmissions were:
United States $10.7B
Germany $6.19B
China $5.42B

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Trade Value of Transmissions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $54.8M
TOP IMPORT POTENTIALChina+ $65.9M

Transmissions’s highest export potential is Germany. With an export gap of $54.8M.   Transmissions’s highest import potential is China with an import gap of $65.9M.

See methodology.

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