Insect Resins in Spain

EXPORTS (2018): $15M, World Rnk 15 / 117
Flag Rnk 838 / 1215

TOP DESTINATION (2018): $6.1M, Italy

FASTEST GROWING MARKET (2017 - 2018): $4.03M, Saudi Arabia

IMPORTS (2018): $18.5M, World Rnk 12 / 168
Flag Rnk 837 / 1212

TOP ORIGIN (2018): $4.91M, France

FASTEST GROWING ORIGIN (2017 - 2018): $1.6M, India

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

PRODUCT COMPLEXITY  IN Insect Resins (2018): -2.38, Rnk 1011 / 1018

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

Exports: In 2018, Spain exported $15M in Insect Resins, making it the 15th largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 838th most exported product in Spain. The main destination of Insect Resins exports from Spain are: Italy ($6.1M), Saudi Arabia ($4.03M), Portugal ($2.02M), India ($517k), and France ($504k).

The fastest growing export markets for Insect Resins of Spain between 2017 and 2018 were Saudi Arabia ($4.03M), Portugal ($572k), and Cuba ($277k).

Imports: In 2018, Spain imported $18.5M in Insect Resins, becoming the 12th largest importer of Insect Resins in the world. At the same year, Insect Resins was the 837th most imported product in Spain. Spain imports Insect Resins primarily from: France ($4.91M), India ($2.32M), Germany ($2.19M), Brazil ($2.07M), and Italy ($1.65M).

The fastest growing import markets in Insect Resins for Spain between 2017 and 2018 were India ($1.6M), Somalia ($1.06M), and Hong Kong ($784k).

Overview: In July 2020 Spain's Insect Resins exports accounted up to €365k and imports accounted up to €1.27M, resulting in a negative trade balance of €908k. Between July 2019 and July 2020 the exports of Spain's   Insect Resins have increased by €103k (39.2%) from €263k to €365k, while imports increased by €358k (39.1%) from €915k to €1.27M.

Destinations: In July 2020 Insect Resins exported mostly to Portugal (€205k), India (€38.4k), France (€33.1k), Chile (€32.6k), and Italy (€16k), and imported mostly from France (€320k), Germany (€254k), Somalia (€225k), Italy (€204k), and Brazil (€58.3k).

Growth: In July 2020, the increase in Insect Resins's year-by-year exports was explained primarily by an increase in exports to Portugal (€192k or 1.55k%), Chile (€24.4k or 298%), and India (€23.4k or 155%). In July 2020, the increase in Insect Resins's year-by-year imports was explained primarily by an increase in imports from France (€162k or 102%), Germany (€133k or 109%), and Italy (€66.3k or 48%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (July 2019 - July 2020): €103k, (39.2%)

IMPORT GROWTH (July 2019 - July 2020): €358k, (39.1%)

MAIN EXPORTER (July 2020): Segovia, €185k

MAIN DESTINATION (July 2020): Portugal, €205k

This section shows Insect Resins'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 Insect Resins over time.

Value

EXPORTS (2018): $15M

IMPORTS (2018): $18.5M

NET TRADE (2018): -$3.54M

In 2018, Spain exported $15M in Insect Resins. The main destinations of Spain exports on Insect Resins were Italy ($6.1M), Saudi Arabia ($4.03M), Portugal ($2.02M), India ($517k), and France ($504k).

In 2018, Spain imported $18.5M in Insect Resins, mainly from France ($4.91M), India ($2.32M), Germany ($2.19M), Brazil ($2.07M), and Italy ($1.65M).

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IN 2018, Spain HAD A POSITIVE NET TRADE IN Insect Resins WITH:

  • Italy, $4.45M ($6.1M - $1.65M)
  • Saudi Arabia, $4.03M ($4.03M - $0)
  • Portugal, $1.88M ($2.02M - $134k)

IN 2018, Spain HAD A NEGATIVE NET TRADE IN Insect Resins WITH:

  • France, -$4.41M ($504k - $4.91M)
  • Germany, -$2.11M ($74k - $2.19M)
  • Brazil, -$2.01M ($55k - $2.07M)
Flow

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

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins 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 Insect Resins were:

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

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Insect Resins 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 tariffs for Insect Resins in the imports of Spain were of 0% around the world.

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