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2022
Exports $33MWorld Rnk 3 / 95
Flag Rnk 730 / 1214
2022
Destination $22.2M Italy
2021 - 2022
FASTEST GROWING MARKET $22.2MItaly
2022
Imports $180MWorld Rnk 1 / 112
Flag Rnk 391 / 1214
2022
Origin $111M Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $111MIndonesia
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $33M in Fat and Oil Residues, making it the 3rd largest exporter of Fat and Oil Residues in the world. At the same year, Fat and Oil Residues was the 730th most exported product in Spain. The main destination of Fat and Oil Residues exports from Spain are: Italy ($22.4M), Netherlands ($4.35M), France ($3.83M), Portugal ($1.33M), and Belgium ($577k).

The fastest growing export markets for Fat and Oil Residues of Spain between 2021 and 2022 were Italy ($22.2M), Netherlands ($2.49M), and France ($1.26M).

Imports In 2022, Spain imported $180M in Fat and Oil Residues, becoming the 1st largest importer of Fat and Oil Residues in the world. At the same year, Fat and Oil Residues was the 391st most imported product in Spain. Spain imports Fat and Oil Residues primarily from: Indonesia ($116M), Malaysia ($45.4M), Italy ($6.57M), Portugal ($6.52M), and France ($4.41M).

The fastest growing import markets in Fat and Oil Residues for Spain between 2021 and 2022 were Indonesia ($111M), Malaysia ($45.3M), and Portugal ($3.92M).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Fat and Oil Residues exports accounted up to €1.87M and imports accounted up to €37.2M, resulting in a negative trade balance of €35.3M. Between June 2023 and June 2024 the exports of Spain's   Fat and Oil Residues have increased by €887k (90.5%) from €980k to €1.87M, while imports increased by €36.4M (4.52k%) from €805k to €37.2M.

Destinations In June 2024, Fat and Oil Residues were exported mostly to Portugal (€1.44M), Netherlands (€265k), France (€98.1k), Belgium (€38.6k), and Italy (€26.4k), and were imported mostly from Indonesia (€27.7M), Malaysia (€8.54M), Italy (€476k), Portugal (€232k), and France (€193k).

Growth In June 2024, the increase in Fat and Oil Residues's year-by-year exports was explained primarily by an increase in exports to Portugal (€1.33M or 8.4k%), France (€543k or 558%), and Netherlands (€172k or 197%). In June 2024, the increase in Fat and Oil Residues's year-by-year imports was explained primarily by an increase in imports from Indonesia (€4.32M or 80%), Malaysia (€2.23M or 2.16M%), and Italy (€621k or 109%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€887k(90.5%)
IMPORT GROWTH (June 2023 - June 2024)€36.4M(4.52k%)
MAIN EXPORTER (June 2024)Barcelona€4.17M
MAIN DESTINATION (June 2024)Portugal€1.44M

This section shows Fat and Oil Residues'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 Fat and Oil Residues over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$33M
IMPORTS (2022)$180M
NET TRADE (2022)-$147M

In 2022, Spain exported $33M in Fat and Oil Residues. The main destinations of Spain exports on Fat and Oil Residues were Italy ($22.4M), Netherlands ($4.35M), France ($3.83M), Portugal ($1.33M), and Belgium ($577k).

In 2022, Spain imported $180M in Fat and Oil Residues, mainly from Indonesia ($116M), Malaysia ($45.4M), Italy ($6.57M), Portugal ($6.52M), and France ($4.41M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fat and Oil Residues EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Italy$22.2M (11.4k%)
Netherlands$2.49M (134%)
France$1.26M (48.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fat and Oil Residues BY Spain WERE (2021 - 2022):
Denmark-$91.3k (-20.4%)
Germany-$42.1k (-99.8%)
Greece-$7.82k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Fat and Oil Residues were:
Indonesia $153M
Malaysia $75.1M
In 2022, Spain's main importing competitors in Fat and Oil Residues were:
Italy $46.7M
Netherlands $43.3M

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Trade Value of Fat and Oil Residues by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $811k
TOP IMPORT POTENTIALFrance+ $1.15M

Fat and Oil Residues’s highest export potential is France. With an export gap of $811k.   Fat and Oil Residues’s highest import potential is France with an import gap of $1.15M.

See methodology.

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