Other Iron Products in Spain | The Observatory of Economic Complexity

About

Exports In 2022, Spain exported $1.49B in Other Iron Products, making it the 11th largest exporter of Other Iron Products in the world. At the same year, Other Iron Products was the 44th most exported product in Spain. The main destination of Other Iron Products exports from Spain are: France ($272M), Germany ($224M), Portugal ($114M), United Kingdom ($78.7M), and Poland ($65.2M).

The fastest growing export markets for Other Iron Products of Spain between 2021 and 2022 were France ($28.8M), Portugal ($21.4M), and Germany ($14M).

Imports In 2022, Spain imported $1.24B in Other Iron Products, becoming the 15th largest importer of Other Iron Products in the world. At the same year, Other Iron Products was the 80th most imported product in Spain. Spain imports Other Iron Products primarily from: China ($234M), Germany ($208M), Italy ($173M), France ($121M), and Portugal ($88.6M).

The fastest growing import markets in Other Iron Products for Spain between 2021 and 2022 were China ($33.4M), Ireland ($15.7M), and Austria ($14.8M).

COMPANIES In 2023, leading companies such as COSENTINO NORTH AMERICA INC. (16.9k), VESTAS NACELLES AMERICA INC. (380), and IKEA SUPPLY AG (74) were at the forefront of shipping Other Iron Products from Spain to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Spain's Other Iron Products exports accounted up to €111M and imports accounted up to €116M, resulting in a negative trade balance of €4.82M. Between January 2023 and January 2024 the exports of Spain's Other Iron Products have decreased by €-22.8M (-17.1%) from €134M to €111M, while imports increased by €15.5M (15.5%) from €100M to €116M.

Destinations In January 2024, Other Iron Products were exported mostly to N/A, and were imported mostly from Ireland (€26.1M), Germany (€22.9M), China (€15.8M), Italy (€10.1M), and France (€7.96M).

Growth In January 2024, the decrease in Other Iron Products's year-by-year exports was explained primarily by a decrease in exports to Nigeria (€-3.14M or -100%), Denmark (€-1.92M or -31.8%), and Cote d'Ivoire (€-1.69M or -68.9%). In January 2024, the increase in Other Iron Products's year-by-year imports was explained primarily by an increase in imports from China (€4.65M or 22.8%), France (€4.41M or 67.4%), and Italy (€3.47M or 42.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-22.8M(-17.1%)

IMPORT GROWTH (January 2023 - January 2024)€15.5M(15.5%)

MAIN EXPORTER (January 2024)Barcelona€27.2M

This section shows Other Iron Products'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 Other Iron Products over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.49B

IMPORTS (2022)$1.24B

NET TRADE (2022)$252M

In 2022, Spain exported $1.49B in Other Iron Products. The main destinations of Spain exports on Other Iron Products were France ($272M), Germany ($224M), Portugal ($114M), United Kingdom ($78.7M), and Poland ($65.2M).

In 2022, Spain imported $1.24B in Other Iron Products, mainly from China ($234M), Germany ($208M), Italy ($173M), France ($121M), and Portugal ($88.6M).

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