Waxes in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $90.7M in Waxes, making it the 12th largest exporter of Waxes in the world. At the same year, Waxes was the 504th most exported product in Spain. The main destination of Waxes exports from Spain are: Peru ($15.2M), France ($7.04M), Italy ($5.55M), Portugal ($5.21M), and Egypt ($4.81M).

The fastest growing export markets for Waxes of Spain between 2021 and 2022 were Peru ($10.2M), United States ($2.65M), and Germany ($1.82M).

Imports In 2022, Spain imported $130M in Waxes, becoming the 10th largest importer of Waxes in the world. At the same year, Waxes was the 463rd most imported product in Spain. Spain imports Waxes primarily from: Germany ($42.8M), China ($11.8M), Denmark ($11.2M), Belgium ($9.85M), and France ($8.74M).

The fastest growing import markets in Waxes for Spain between 2021 and 2022 were China ($4.71M), France ($3.79M), and India ($2.98M).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Waxes exports accounted up to €3.88M and imports accounted up to €10.3M, resulting in a negative trade balance of €6.45M. Between June 2023 and June 2024 the exports of Spain's Waxes have decreased by €-433k (-10%) from €4.31M to €3.88M, while imports increased by €1.07M (11.6%) from €9.26M to €10.3M.

Destinations In June 2024, Waxes were exported mostly to Portugal (€439k), France (€420k), Italy (€411k), India (€368k), and Chile (€267k), and were imported mostly from Germany (€3.85M), China (€1.84M), Belgium (€707k), Denmark (€608k), and Italy (€593k).

Growth In June 2024, the decrease in Waxes's year-by-year exports was explained primarily by a decrease in exports to Italy (€-417k or -45.8%), China (€-392k or -98.7%), and Germany (€-300k or -70%). In June 2024, the increase in Waxes's year-by-year imports was explained primarily by an increase in imports from India (€603k or 199%), Belgium (€219k or 53.1%), and France (€199k or 61.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)€-433k(-10%)

IMPORT GROWTH (June 2023 - June 2024)€1.07M(11.6%)

MAIN EXPORTER (June 2024)Valencia€2.36M

MAIN DESTINATION (June 2024)Portugal€439k

This section shows Waxes'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 Waxes over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$90.7M

IMPORTS (2022)$130M

NET TRADE (2022)-$39.2M

In 2022, Spain exported $90.7M in Waxes. The main destinations of Spain exports on Waxes were Peru ($15.2M), France ($7.04M), Italy ($5.55M), Portugal ($5.21M), and Egypt ($4.81M).

In 2022, Spain imported $130M in Waxes, mainly from Germany ($42.8M), China ($11.8M), Denmark ($11.2M), Belgium ($9.85M), and France ($8.74M).

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