Industrial Fatty Acids, Oils and Alcohols in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $4.49B in Industrial Fatty Acids, Oils and Alcohols, making it the 7th largest exporter of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 11th most exported product in Spain. The main destination of Industrial Fatty Acids, Oils and Alcohols exports from Spain are: Italy ($1.55B), Netherlands ($792M), France ($732M), Bulgaria ($258M), and United States ($205M).

The fastest growing export markets for Industrial Fatty Acids, Oils and Alcohols of Spain between 2021 and 2022 were Italy ($580M), France ($164M), and Bulgaria ($140M).

Imports In 2022, Spain imported $3.81B in Industrial Fatty Acids, Oils and Alcohols, becoming the 8th largest importer of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 12th most imported product in Spain. Spain imports Industrial Fatty Acids, Oils and Alcohols primarily from: Netherlands ($814M), Italy ($631M), Ireland ($439M), China ($426M), and France ($366M).

The fastest growing import markets in Industrial Fatty Acids, Oils and Alcohols for Spain between 2021 and 2022 were Netherlands ($392M), Italy ($229M), and China ($116M).

COMPANIES In 2023, leading companies such as FORD MOTOR COMPANY (2) were at the forefront of shipping Industrial Fatty Acids, Oils and Alcohols from Spain to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Spain's Industrial Fatty Acids, Oils and Alcohols exports accounted up to €15.6M and imports accounted up to €30.9M, resulting in a negative trade balance of €15.3M. Between February 2023 and February 2024 the exports of Spain's Industrial Fatty Acids, Oils and Alcohols have increased by €1.64M (11.7%) from €14M to €15.6M, while imports decreased by €-9.9M (-24.3%) from €40.8M to €30.9M.

Destinations In February 2024, Industrial Fatty Acids, Oils and Alcohols were exported mostly to Germany (€5.33M), Italy (€2.01M), France (€1.9M), Portugal (€1.12M), and United States (€767k), and were imported mostly from Indonesia (€12.7M), Malaysia (€4.39M), Netherlands (€3.82M), Belgium (€2.72M), and Germany (€2.58M).

Growth In February 2024, the increase in Industrial Fatty Acids, Oils and Alcohols's year-by-year exports was explained primarily by an increase in exports to Netherlands (€1.09M or 309%), France (€887k or 135%), and Morocco (€333k or 79.2k%). In February 2024, the decrease in Industrial Fatty Acids, Oils and Alcohols's year-by-year imports was explained primarily by a decrease in imports from Indonesia (€-3.8M or -22.9%), Netherlands (€-767k or -12.6%), and Italy (€-295k or -24.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€1.64M(11.7%)

IMPORT GROWTH (February 2023 - February 2024)€-9.9M(-24.3%)

MAIN EXPORTER (February 2024)Barcelona€9.51M

MAIN DESTINATION (February 2024)Germany€5.33M

This section shows Industrial Fatty Acids, Oils and Alcohols'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 Industrial Fatty Acids, Oils and Alcohols over time.

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