Cars in Spain

EXPORTS (2018): $35.9B, World Rnk 8 / 209
Flag Rnk 1 / 1215

TOP DESTINATION (2018): $7.87B, Germany

FASTEST GROWING MARKET (2017 - 2018): $433M, France

IMPORTS (2018): $22.6B, World Rnk 9 / 220
Flag Rnk 2 / 1212

TOP ORIGIN (2018): $6.17B, Germany

FASTEST GROWING ORIGIN (2017 - 2018): $671M, France

ECONOMIC COMPLEXITY of Spain (2018): 0.85, Rnk 33 / 137

PRODUCT COMPLEXITY  IN Cars (2018): 0.78, Rnk 249 / 1018

Overview: This page contains the latest trade data of Cars in Spain.

Exports: In 2018, Spain exported $35.9B in Cars, making it the 8th largest exporter of Cars in the world. At the same year, Cars was the 1st most exported product in Spain. The main destination of Cars exports from Spain are: Germany ($7.87B), France ($6.92B), Italy ($3.67B), United Kingdom ($3.61B), and Belgium-Luxembourg ($2.44B).

The fastest growing export markets for Cars of Spain between 2017 and 2018 were France ($433M), Portugal ($259M), and Netherlands ($147M).

Imports: In 2018, Spain imported $22.6B in Cars, becoming the 9th largest importer of Cars in the world. At the same year, Cars was the 2nd most imported product in Spain. Spain imports Cars primarily from: Germany ($6.17B), France ($3.15B), Czechia ($1.96B), United Kingdom ($1.77B), and Japan ($1.49B).

The fastest growing import markets in Cars for Spain between 2017 and 2018 were France ($671M), Czechia ($649M), and Morocco ($307M).

Tariffs: In 2017, the average tariff for Spain in Cars was 3.23%. The countries with the highest import tariffs for Cars were Western Sahara (9.82%), Gabon (9.82%), Libya (9.82%), Mayotte (9.82%), and Reunion (9.82%).

Overview: In July 2020 Spain's Cars exports accounted up to €2.91B and imports accounted up to €737M, resulting in a positive trade balance of €2.17B. Between July 2019 and July 2020 the exports of Spain's   Cars have increased by €237M (8.87%) from €2.67B to €2.91B, while imports decreased by €-794M (-51.8%) from €1.53B to €737M.

Destinations: In July 2020 Cars exported mostly to Germany (€736M), France (€657M), United Kingdom (€242M), Belgium (€196M), and Italy (€151M), and imported mostly from Germany (€215M), Japan (€96.3M), France (€63.5M), South Korea (€55.7M), and Italy (€39.1M).

Growth: In July 2020, the increase in Cars's year-by-year exports was explained primarily by an increase in exports to France (€157M or 31.5%), Germany (€93.9M or 14.6%), and Turkey (€67.1M or 121%). In July 2020, the decrease in Cars's year-by-year imports was explained primarily by a decrease in imports from Germany (€-308M or -58.9%), France (€-76.9M or -54.8%), and Czechia (€-76.1M or -74.8%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (July 2019 - July 2020): €237M, (8.87%)

IMPORT GROWTH (July 2019 - July 2020): €-794M, (-51.8%)

MAIN EXPORTER (July 2020): Barcelona, €633M

MAIN DESTINATION (July 2020): Germany, €736M

This section shows Cars'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 Cars over time.

Value

EXPORTS (2018): $35.9B

IMPORTS (2018): $22.6B

NET TRADE (2018): $13.2B

In 2018, Spain exported $35.9B in Cars. The main destinations of Spain exports on Cars were Germany ($7.87B), France ($6.92B), Italy ($3.67B), United Kingdom ($3.61B), and Belgium-Luxembourg ($2.44B).

In 2018, Spain imported $22.6B in Cars, mainly from Germany ($6.17B), France ($3.15B), Czechia ($1.96B), United Kingdom ($1.77B), and Japan ($1.49B).

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IN 2018, Spain HAD A POSITIVE NET TRADE IN Cars WITH:

  • France, $3.77B ($6.92B - $3.15B)
  • Italy, $2.72B ($3.67B - $955M)
  • United Kingdom, $1.84B ($3.61B - $1.77B)

IN 2018, Spain HAD A NEGATIVE NET TRADE IN Cars WITH:

  • Czechia, -$1.55B ($411M - $1.96B)
  • Japan, -$1.39B ($102M - $1.49B)
  • South Korea, -$846M ($74.3M - $920M)
Flow

THE FASTEST GROWING Cars EXPORT MARKETS FOR Spain WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Spain WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Spain's main exporting competitors in Cars were:

In 2018, Spain's main importing competitors in Cars were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Cars in Spain. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2017, the average tariff for Spain in Cars was 3.23%.

The countries with the highest tariffs for Cars in Spain were Western Sahara (9.82%), Gabon (9.82%), Libya (9.82%), Mayotte (9.82%), and Reunion (9.82%).

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