Metal Lathes in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $155M in Metal Lathes, making it the 9th largest exporter of Metal Lathes in the world. At the same year, Metal Lathes was the 393rd most exported product in Spain. The main destination of Metal Lathes exports from Spain are: Italy ($28.7M), Germany ($18.3M), Portugal ($15.6M), France ($15.1M), and United States ($10.6M).

The fastest growing export markets for Metal Lathes of Spain between 2021 and 2022 were Germany ($5.38M), China ($2.99M), and Czechia ($2.47M).

Imports In 2022, Spain imported $83.2M in Metal Lathes, becoming the 23rd largest importer of Metal Lathes in the world. At the same year, Metal Lathes was the 566th most imported product in Spain. Spain imports Metal Lathes primarily from: Japan ($19.9M), Germany ($9.84M), Switzerland ($6.76M), Italy ($6.32M), and South Korea ($6.15M).

The fastest growing import markets in Metal Lathes for Spain between 2021 and 2022 were Japan ($6.27M), Switzerland ($3.34M), and Thailand ($2.74M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Metal Lathes from Spain to the United States.

Latest Trends

January 2024

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Overview In January 2024 Spain's Metal Lathes exports accounted up to €8.95M and imports accounted up to €7.04M, resulting in a positive trade balance of €1.91M. Between January 2023 and January 2024 the exports of Spain's Metal Lathes have decreased by €-1.4M (-13.6%) from €10.3M to €8.95M, while imports decreased by €-256k (-3.51%) from €7.29M to €7.04M.

Destinations In January 2024, Metal Lathes were exported mostly to France (€1.85M), Mexico (€1.29M), United States (€1.07M), Italy (€959k), and Portugal (€847k), and were imported mostly from Germany (€2.4M), Japan (€1.33M), Netherlands (€1.29M), Poland (€686k), and United States (€436k).

Growth In January 2024, the decrease in Metal Lathes's year-by-year exports was explained primarily by a decrease in exports to Italy (€-296k or -17.9%), United Kingdom (€-240k or -64.6%), and Germany (€-79.3k or -14.6%). In January 2024, the decrease in Metal Lathes's year-by-year imports was explained primarily by a decrease in imports from Italy (€-760k or -84.7%), Taiwan (€-634k or -87.9%), and Germany (€-536k or -25.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-1.4M(-13.6%)

IMPORT GROWTH (January 2023 - January 2024)€-256k(-3.51%)

MAIN EXPORTER (January 2024)Vizcaya€5.57M

MAIN DESTINATION (January 2024)France€1.85M

This section shows Metal Lathes'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 Metal Lathes over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$155M

IMPORTS (2022)$83.2M

NET TRADE (2022)$71.5M

In 2022, Spain exported $155M in Metal Lathes. The main destinations of Spain exports on Metal Lathes were Italy ($28.7M), Germany ($18.3M), Portugal ($15.6M), France ($15.1M), and United States ($10.6M).

In 2022, Spain imported $83.2M in Metal Lathes, mainly from Japan ($19.9M), Germany ($9.84M), Switzerland ($6.76M), Italy ($6.32M), and South Korea ($6.15M).

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