Bovine in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $239M in Bovine, making it the 9th largest exporter of Bovine in the world. At the same year, Bovine was the 307th most exported product in Spain. The main destination of Bovine exports from Spain are: Lebanon ($52.6M), Italy ($42.6M), Egypt ($36.4M), Libya ($35M), and Portugal ($23M).

The fastest growing export markets for Bovine of Spain between 2021 and 2022 were Egypt ($26.3M), Hungary ($2.82M), and Lebanon ($2.52M).

Imports In 2022, Spain imported $277M in Bovine, becoming the 9th largest importer of Bovine in the world. At the same year, Bovine was the 300th most imported product in Spain. Spain imports Bovine primarily from: France ($192M), Ireland ($23.4M), Portugal ($16.7M), Czechia ($10.1M), and Netherlands ($8.97M).

The fastest growing import markets in Bovine for Spain between 2021 and 2022 were Poland ($3.41M), Portugal ($3.3M), and Czechia ($1.16M).

Latest Trends

February 2024

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Overview In February 2024 Spain's Bovine exports accounted up to €22.7M and imports accounted up to €26.1M, resulting in a negative trade balance of €3.37M. Between February 2023 and February 2024 the exports of Spain's Bovine have increased by €9.83M (76.4%) from €12.9M to €22.7M, while imports increased by €2.38M (10.1%) from €23.7M to €26.1M.

Destinations In February 2024, Bovine were exported mostly to Morocco (€5.47M), Lebanon (€3.99M), Portugal (€2.91M), Saudi Arabia (€2.71M), and Libya (€2.46M), and were imported mostly from France (€16.1M), Portugal (€4.21M), Poland (€1.85M), Ireland (€1.26M), and Italy (€846k).

Growth In February 2024, the increase in Bovine's year-by-year exports was explained primarily by an increase in exports to Morocco (€490k or 21.5%) and France (€171k or 202%). In February 2024, the increase in Bovine's year-by-year imports was explained primarily by an increase in imports from France (€1.5M or 11.8%), Poland (€1.21M or 206%), and Italy (€619k or 180%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€9.83M(76.4%)

IMPORT GROWTH (February 2023 - February 2024)€2.38M(10.1%)

MAIN EXPORTER (February 2024)Sin Provincia Asignada€6.64M

MAIN DESTINATION (February 2024)Morocco€5.47M

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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$239M

IMPORTS (2022)$277M

NET TRADE (2022)-$38M

In 2022, Spain exported $239M in Bovine. The main destinations of Spain exports on Bovine were Lebanon ($52.6M), Italy ($42.6M), Egypt ($36.4M), Libya ($35M), and Portugal ($23M).

In 2022, Spain imported $277M in Bovine, mainly from France ($192M), Ireland ($23.4M), Portugal ($16.7M), Czechia ($10.1M), and Netherlands ($8.97M).

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