Raw Sugar in Spain

EXPORTS (2018): $76M, World Rnk 41 / 153
Flag Rnk 516 / 1215

TOP DESTINATION (2018): $40.1M, Portugal

FASTEST GROWING MARKET (2017 - 2018): $2.26M, Italy

IMPORTS (2018): $519M, World Rnk 12 / 216
Flag Rnk 149 / 1212

TOP ORIGIN (2018): $246M, France

FASTEST GROWING ORIGIN (2017 - 2018): $44.2M, France

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

PRODUCT COMPLEXITY  IN Raw Sugar (2018): -1.72, Rnk 974 / 1018

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

Exports: In 2018, Spain exported $76M in Raw Sugar, making it the 41st largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 516th most exported product in Spain. The main destination of Raw Sugar exports from Spain are: Portugal ($40.1M), France ($28.1M), Italy ($2.36M), United Kingdom ($1.07M), and Belgium-Luxembourg ($803k).

The fastest growing export markets for Raw Sugar of Spain between 2017 and 2018 were Italy ($2.26M), Norway ($649k), and Israel ($386k).

Imports: In 2018, Spain imported $519M in Raw Sugar, becoming the 12th largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 149th most imported product in Spain. Spain imports Raw Sugar primarily from: France ($246M), Portugal ($86.1M), United Kingdom ($35.8M), Germany ($30.6M), and Guatemala ($20.5M).

The fastest growing import markets in Raw Sugar for Spain between 2017 and 2018 were France ($44.2M), Guatemala ($12.7M), and Netherlands ($7.95M).

Tariffs: In 2017, the average tariff for Spain in Raw Sugar was 31%. The countries with the highest import tariffs for Raw Sugar were Ukraine (65.5%), Angola (64.4%), Burundi (64.4%), Benin (64.4%), and Burkina Faso (64.4%).

Overview: In July 2020 Spain's Raw Sugar exports accounted up to €3.08M and imports accounted up to €36.5M, resulting in a negative trade balance of €33.4M. Between July 2019 and July 2020 the exports of Spain's   Raw Sugar have decreased by €-932k (-23.2%) from €4.02M to €3.08M, while imports increased by €3.06M (9.14%) from €33.5M to €36.5M.

Destinations: In July 2020 Raw Sugar exported mostly to France (€1.33M), Portugal (€1.19M), Israel (€345k), Norway (€60.2k), and Belgium (€31.9k), and imported mostly from France (€19.2M), Portugal (€3.7M), Mauritius (€2.54M), Guatemala (€2.4M), and Netherlands (€1.74M).

Growth: In July 2020, the decrease in Raw Sugar's year-by-year exports was explained primarily by a decrease in exports to Portugal (€-997k or -45.5%), United Kingdom (€-125k or -97.6%), and France (€-78.3k or -5.55%). In July 2020, the increase in Raw Sugar's year-by-year imports was explained primarily by an increase in imports from France (€4.31M or 29%), Netherlands (€852k or 95.6%), and Germany (€501k or 44.7%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (July 2019 - July 2020): €-932k, (-23.2%)

IMPORT GROWTH (July 2019 - July 2020): €3.06M, (9.14%)

MAIN EXPORTER (July 2020): Valladolid, €1.47M

MAIN DESTINATION (July 2020): France, €1.33M

This section shows Raw Sugar'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 Raw Sugar over time.

Value

EXPORTS (2018): $76M

IMPORTS (2018): $519M

NET TRADE (2018): -$443M

In 2018, Spain exported $76M in Raw Sugar. The main destinations of Spain exports on Raw Sugar were Portugal ($40.1M), France ($28.1M), Italy ($2.36M), United Kingdom ($1.07M), and Belgium-Luxembourg ($803k).

In 2018, Spain imported $519M in Raw Sugar, mainly from France ($246M), Portugal ($86.1M), United Kingdom ($35.8M), Germany ($30.6M), and Guatemala ($20.5M).

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IN 2018, Spain HAD A POSITIVE NET TRADE IN Raw Sugar WITH:

  • Italy, $1.59M ($2.36M - $770k)
  • Norway, $653k ($653k - $0)
  • Israel, $387k ($387k - $0)

IN 2018, Spain HAD A NEGATIVE NET TRADE IN Raw Sugar WITH:

  • France, -$218M ($28.1M - $246M)
  • Portugal, -$46.1M ($40.1M - $86.1M)
  • United Kingdom, -$34.7M ($1.07M - $35.8M)
Flow

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

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

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Market Concentration

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Type

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

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

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Raw Sugar 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 Raw Sugar was 31%.

The countries with the highest tariffs for Raw Sugar in Spain were Ukraine (65.5%), Angola (64.4%), Burundi (64.4%), Benin (64.4%), and Burkina Faso (64.4%).

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