Hot-Rolled Iron Bars in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $751M in Hot-Rolled Iron Bars, making it the 7th largest exporter of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 118th most exported product in Spain. The main destination of Hot-Rolled Iron Bars exports from Spain are: France ($195M), Italy ($111M), Belgium ($106M), Portugal ($75.6M), and Turkey ($63.3M).

The fastest growing export markets for Hot-Rolled Iron Bars of Spain between 2021 and 2022 were United Kingdom ($13.6M), Netherlands ($13.2M), and Sweden ($6.49M).

Imports In 2022, Spain imported $532M in Hot-Rolled Iron Bars, becoming the 11th largest importer of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 177th most imported product in Spain. Spain imports Hot-Rolled Iron Bars primarily from: Portugal ($196M), Malaysia ($89.7M), France ($31.9M), Tunisia ($31.6M), and India ($31.4M).

The fastest growing import markets in Hot-Rolled Iron Bars for Spain between 2021 and 2022 were Malaysia ($89.7M), Portugal ($59.1M), and India ($23.2M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Hot-Rolled Iron Bars from Spain to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Spain's Hot-Rolled Iron Bars exports accounted up to €18.5M and imports accounted up to €49.9M, resulting in a negative trade balance of €31.4M. Between January 2023 and January 2024 the exports of Spain's Hot-Rolled Iron Bars have decreased by €-11.9M (-39.1%) from €30.3M to €18.5M, while imports increased by €24.1M (93.7%) from €25.8M to €49.9M.

Destinations In January 2024, Hot-Rolled Iron Bars were exported mostly to Italy (€6.2M), Portugal (€4.18M), France (€3.54M), Turkey (€2.5M), and Pakistan (€461k), and were imported mostly from Portugal (€10.9M), Malaysia (€10.3M), Turkey (€9.98M), Egypt (€8.65M), and Tunisia (€3.02M).

Growth In January 2024, the decrease in Hot-Rolled Iron Bars's year-by-year exports was explained primarily by a decrease in exports to Belgium (€-14.8M or -88%), Turkey (€-10.1M or -84.1%), and France (€-8.79M or -43.5%). In January 2024, the increase in Hot-Rolled Iron Bars's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-11.9M(-39.1%)

IMPORT GROWTH (January 2023 - January 2024)€24.1M(93.7%)

MAIN EXPORTER (January 2024)Cantabria (santander)€8.9M

MAIN DESTINATION (January 2024)Italy€6.2M

This section shows Hot-Rolled 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 Hot-Rolled Iron Bars over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$751M

IMPORTS (2022)$532M

NET TRADE (2022)$219M

In 2022, Spain exported $751M in Hot-Rolled Iron Bars. The main destinations of Spain exports on Hot-Rolled Iron Bars were France ($195M), Italy ($111M), Belgium ($106M), Portugal ($75.6M), and Turkey ($63.3M).

In 2022, Spain imported $532M in Hot-Rolled Iron Bars, mainly from Portugal ($196M), Malaysia ($89.7M), France ($31.9M), Tunisia ($31.6M), and India ($31.4M).

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