Batteries in Spain | The Observatory of Economic Complexity

About

Exports In 2022, Spain exported $75.7M in Batteries, making it the 17th largest exporter of Batteries in the world. At the same year, Batteries was the 554th most exported product in Spain. The main destination of Batteries exports from Spain are: Portugal ($18.2M), Germany ($14.1M), France ($10.5M), United Kingdom ($9.11M), and Italy ($6.11M).

The fastest growing export markets for Batteries of Spain between 2021 and 2022 were United Kingdom ($5.76M), Germany ($3.45M), and France ($1.95M).

Imports In 2022, Spain imported $146M in Batteries, becoming the 17th largest importer of Batteries in the world. At the same year, Batteries was the 445th most imported product in Spain. Spain imports Batteries primarily from: China ($37.6M), Germany ($24.1M), Belgium ($19M), France ($13.8M), and Portugal ($9M).

The fastest growing import markets in Batteries for Spain between 2021 and 2022 were China ($5.99M), Singapore ($2.79M), and Czechia ($1.61M).

COMPANIES In 2023, leading companies such as ABB MOTORS AND MECHANICAL INC (68) were at the forefront of shipping Batteries from Spain to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Spain's Batteries exports accounted up to €5.75M and imports accounted up to €12.2M, resulting in a negative trade balance of €6.44M. Between January 2023 and January 2024 the exports of Spain's Batteries have increased by €413k (7.74%) from €5.33M to €5.75M, while imports increased by €4.62M (61.1%) from €7.57M to €12.2M.

Destinations In January 2024, Batteries were exported mostly to Germany (€1.19M), Portugal (€1.17M), France (€983k), United Kingdom (€443k), and Italy (€437k), and were imported mostly from China (€3.49M), Germany (€3.23M), Italy (€942k), Belgium (€928k), and France (€594k).

Growth In January 2024, the increase in Batteries's year-by-year exports was explained primarily by an increase in exports to Italy (€393k or 178%), Netherlands (€211k or 96.3%), and France (€158k or 28.4%). In January 2024, the increase in Batteries's year-by-year imports was explained primarily by an increase in imports from France (€232k or 62.1%), Switzerland (€58.5k or 2.77k%), and Japan (€55.1k or 48.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€413k(7.74%)

IMPORT GROWTH (January 2023 - January 2024)€4.62M(61.1%)

MAIN EXPORTER (January 2024)Madrid€2.45M

MAIN DESTINATION (January 2024)Germany€1.19M

This section shows Batteries'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 Batteries over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$75.7M

IMPORTS (2022)$146M

NET TRADE (2022)-$69.9M

In 2022, Spain exported $75.7M in Batteries. The main destinations of Spain exports on Batteries were Portugal ($18.2M), Germany ($14.1M), France ($10.5M), United Kingdom ($9.11M), and Italy ($6.11M).

In 2022, Spain imported $146M in Batteries, mainly from China ($37.6M), Germany ($24.1M), Belgium ($19M), France ($13.8M), and Portugal ($9M).

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