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2023
Exports $371MWorld Rnk 7 / 120
Flag Rnk 220 / 1215
2023
Destination $107M Lebanon
2022 - 2023
FASTEST GROWING MARKET $107MMorocco
2023
PRODUCT COMPLEXITY IN Bovine-1.01Rnk 830 / 1025
2023
Imports $304MWorld Rnk 8 / 149
Flag Rnk 277 / 1214
2023
Origin $35.7M France
2022 - 2023
FASTEST GROWING ORIGIN $35.7MFrance
2023
ECONOMIC COMPLEXITY of Spain0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $371M in Bovine, making it the 7th largest exporter of Bovine in the world. At the same year, Bovine was the 220th most exported product in Spain. The main destination of Bovine exports from Spain are: Lebanon ($150M), Morocco ($121M), Italy ($31.9M), Libya ($29.1M), and Egypt ($19.2M).

The fastest growing export markets for Bovine of Spain between 2022 and 2023 were Morocco ($107M), Lebanon ($91.3M), and Croatia ($1.62M).

Imports In 2023, Spain imported $304M in Bovine, becoming the 8th largest importer of Bovine in the world. At the same year, Bovine was the 277th most imported product in Spain. Spain imports Bovine primarily from: France ($209M), Ireland ($25.9M), Portugal ($20M), Poland ($18.6M), and Germany ($7.8M).

The fastest growing import markets in Bovine for Spain between 2022 and 2023 were France ($35.7M), Portugal ($6.05M), and Poland ($4.07M).

Latest Trends

December 2024

About

Overview In December 2024 Spain's Bovine exports accounted up to €12M and imports accounted up to €42.4M, resulting in a negative trade balance of €30.5M. Between December 2023 and December 2024 the exports of Spain's   Bovine have decreased by €-8.93M (-42.7%) from €20.9M to €12M, while imports increased by €18.2M (75.3%) from €24.2M to €42.4M.

Destinations In December 2024, Bovine were exported mostly to Morocco (€5.78M), Portugal (€4.57M), Italy (€924k), France (€434k), and Netherlands (€255k), and were imported mostly from France (€28.1M), Ireland (€6.71M), Poland (€2.26M), Italy (€1.66M), and Portugal (€1.63M).

Growth In December 2024, the decrease in Bovine's year-by-year exports was explained primarily by a decrease in exports to Italy (€-684k or -22.6%), Poland (€-30.8k or -53.4%), and Netherlands (€-27.7k or -13.5%). In December 2024, the increase in Bovine's year-by-year imports was explained primarily by an increase in imports from France (€3.82M or 26.9%), Portugal (€2.22M or 193%), and Germany (€284k or 85.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)€-8.93M(-42.7%)
IMPORT GROWTH (December 2023 - December 2024)€18.2M(75.3%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)Morocco€5.78M

This section shows Bovine'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 Bovine over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$371M
IMPORTS (2023)$304M
NET TRADE (2023)$67M

In 2023, Spain exported $371M in Bovine. The main destinations of Spain exports on Bovine were Lebanon ($150M), Morocco ($121M), Italy ($31.9M), Libya ($29.1M), and Egypt ($19.2M).

In 2023, Spain imported $304M in Bovine, mainly from France ($209M), Ireland ($25.9M), Portugal ($20M), Poland ($18.6M), and Germany ($7.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bovine EXPORT MARKETS FOR Spain WERE (2022 - 2023):
Morocco$107M (814%)
Lebanon$91.3M (156%)
Croatia$1.62M (563%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bovine BY Spain WERE (2022 - 2023):
Egypt-$19M (-49.6%)
Italy-$14.1M (-30.7%)
Saudi Arabia-$10.7M (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Bovine were:
France $2.05B
Canada $1.34B
Mexico $1.08B
In 2023, Spain's main importing competitors in Bovine were:
United States $2.42B
Italy $1.92B
Turkey $1.13B

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Trade Value of Bovine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $4.18M
TOP IMPORT POTENTIALPortugal+ $5.54M

Bovine’s highest export potential is Italy. With an export gap of $4.18M.   Bovine’s highest import potential is Portugal with an import gap of $5.54M.

See methodology.

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