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2022
Exports $205MWorld Rnk 15 / 195
Flag Rnk 336 / 1214
2022
Destination $1.3M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $1.3MMexico
2022
PRODUCT COMPLEXITY IN Base Metal Watches0.41Rnk 406 / 1025
2022
Imports $636MWorld Rnk 13 / 220
Flag Rnk 149 / 1214
2022
Origin $136M Switzerland
2021 - 2022
FASTEST GROWING ORIGIN $136MFrance
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $205M in Base Metal Watches, making it the 15th largest exporter of Base Metal Watches in the world. At the same year, Base Metal Watches was the 336th most exported product in Spain. The main destination of Base Metal Watches exports from Spain are: Hong Kong ($39.7M), France ($26M), Italy ($25.2M), Portugal ($23.7M), and Germany ($15.1M).

The fastest growing export markets for Base Metal Watches of Spain between 2021 and 2022 were Mexico ($1.3M), United Arab Emirates ($1.02M), and Gibraltar ($987k).

Imports In 2022, Spain imported $636M in Base Metal Watches, becoming the 13th largest importer of Base Metal Watches in the world. At the same year, Base Metal Watches was the 149th most imported product in Spain. Spain imports Base Metal Watches primarily from: Switzerland ($266M), France ($156M), China ($98.4M), Germany ($43.9M), and Netherlands ($16.3M).

The fastest growing import markets in Base Metal Watches for Spain between 2021 and 2022 were France ($136M), Switzerland ($45.7M), and China ($31.9M).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Base Metal Watches exports accounted up to €16.6M and imports accounted up to €47.2M, resulting in a negative trade balance of €30.6M. Between June 2023 and June 2024 the exports of Spain's   Base Metal Watches have decreased by €-1.36M (-7.59%) from €17.9M to €16.6M, while imports decreased by €-3.48M (-6.86%) from €50.7M to €47.2M.

Destinations In June 2024, Base Metal Watches were exported mostly to Hong Kong (€3.56M), France (€2.17M), Italy (€1.63M), Portugal (€1.57M), and Switzerland (€1.1M), and were imported mostly from Switzerland (€27.8M), China (€9.47M), Italy (€2.63M), France (€2.15M), and Netherlands (€1.4M).

Growth In June 2024, the decrease in Base Metal Watches's year-by-year exports was explained primarily by a decrease in exports to Hong Kong (€-1.98M or -48.7%), United States (€-789k or -83.6%), and Switzerland (€-474k or -43.3%). In June 2024, the decrease in Base Metal Watches's year-by-year imports was explained primarily by a decrease in imports from Germany (€-2.72M or -76.5%), Italy (€-776k or -29.3%), and Netherlands (€-584k or -49.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-1.36M(-7.59%)
IMPORT GROWTH (June 2023 - June 2024)€-3.48M(-6.86%)
MAIN EXPORTER (June 2024)Madrid€11.6M
MAIN DESTINATION (June 2024)Hong Kong€3.56M

This section shows Base Metal Watches'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 Base Metal Watches over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$205M
IMPORTS (2022)$636M
NET TRADE (2022)-$431M

In 2022, Spain exported $205M in Base Metal Watches. The main destinations of Spain exports on Base Metal Watches were Hong Kong ($39.7M), France ($26M), Italy ($25.2M), Portugal ($23.7M), and Germany ($15.1M).

In 2022, Spain imported $636M in Base Metal Watches, mainly from Switzerland ($266M), France ($156M), China ($98.4M), Germany ($43.9M), and Netherlands ($16.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Base Metal Watches EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Mexico$1.3M (91%)
United Arab Emirates$1.02M (276%)
Gibraltar$987k (20.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Base Metal Watches BY Spain WERE (2021 - 2022):
Hong Kong-$22.4M (-36%)
Italy-$13.2M (-34.4%)
China-$5.17M (-87.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Base Metal Watches were:
Switzerland $16.1B
China $3.02B
Germany $1.18B
In 2022, Spain's main importing competitors in Base Metal Watches were:
United States $3.57B
Hong Kong $2.82B
China $2.14B

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Trade Value of Base Metal Watches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $13M
TOP IMPORT POTENTIALChina+ $18.1M

Base Metal Watches’s highest export potential is France. With an export gap of $13M.   Base Metal Watches’s highest import potential is China with an import gap of $18.1M.

See methodology.

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