2022
Exports
$870MWorld Rnk 12 / 209
Flag Rnk 100 / 1214
2022
PRODUCT COMPLEXITY IN Electrical Lighting and Signalling Equipment
0.96Rnk 190 / 1025
2022
Imports
$966MWorld Rnk 8 / 222
Flag Rnk 111 / 1214
2022
ECONOMIC COMPLEXITY of Spain
0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $870M in Electrical Lighting and Signalling Equipment, making it the 12th largest exporter of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 100th most exported product in Spain. The main destination of Electrical Lighting and Signalling Equipment exports from Spain are: Germany ($380M), Portugal ($75.1M), France ($56.5M), United Kingdom ($51.7M), and United States ($39.9M).

The fastest growing export markets for Electrical Lighting and Signalling Equipment of Spain between 2021 and 2022 were Czechia ($7.52M), Portugal ($6.31M), and Hungary ($3.34M).

Imports In 2022, Spain imported $966M in Electrical Lighting and Signalling Equipment, becoming the 8th largest importer of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 111th most imported product in Spain. Spain imports Electrical Lighting and Signalling Equipment primarily from: Morocco ($199M), Germany ($135M), France ($113M), Slovakia ($97.5M), and Czechia ($71.5M).

The fastest growing import markets in Electrical Lighting and Signalling Equipment for Spain between 2021 and 2022 were Morocco ($19.3M), Czechia ($15.4M), and Germany ($7.63M).

COMPANIES In 2023, leading companies such as John Deere (98), Ford Motor Company (10), and ABB Motors and Mechanical (2) were at the forefront of shipping Electrical Lighting and Signalling Equipment from Spain to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-8.57M(-11.2%)
IMPORT GROWTH (June 2023 - June 2024)€-15.3M(-16.2%)
MAIN EXPORTER (June 2024)Jaén€48.5M
MAIN DESTINATION (June 2024)Germany€28.2M

This section shows Electrical Lighting and Signalling Equipment'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 Electrical Lighting and Signalling Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$870M
IMPORTS (2022)$966M
NET TRADE (2022)-$95.1M

In 2022, Spain exported $870M in Electrical Lighting and Signalling Equipment. The main destinations of Spain exports on Electrical Lighting and Signalling Equipment were Germany ($380M), Portugal ($75.1M), France ($56.5M), United Kingdom ($51.7M), and United States ($39.9M).

In 2022, Spain imported $966M in Electrical Lighting and Signalling Equipment, mainly from Morocco ($199M), Germany ($135M), France ($113M), Slovakia ($97.5M), and Czechia ($71.5M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Lighting and Signalling Equipment EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Czechia$7.52M (54.2%)
Portugal$6.31M (9.17%)
Hungary$3.34M (53.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Lighting and Signalling Equipment BY Spain WERE (2021 - 2022):
Germany-$61.3M (-13.9%)
Italy-$9.38M (-28.2%)
United Kingdom-$7.45M (-12.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Electrical Lighting and Signalling Equipment were:
China $5.89B
Mexico $3.86B
Germany $3.32B
In 2022, Spain's main importing competitors in Electrical Lighting and Signalling Equipment were:

Explore Visualizations

Trade Value of Electrical Lighting and Signalling Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $35.9M
TOP IMPORT POTENTIALChina+ $37.6M

Electrical Lighting and Signalling Equipment’s highest export potential is France. With an export gap of $35.9M.   Electrical Lighting and Signalling Equipment’s highest import potential is China with an import gap of $37.6M.

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