Buses in Spain 2020 Exports | Imports : $295M | $356M, World Rnk 12 / 129 Rnk 218 / 1213 | World Rnk 9 / 213 Rnk 191 / 1213
2020 ECONOMIC COMPLEXITY of Spain: 0.76, Rnk 34 / 127
2020 PRODUCT COMPLEXITY IN Buses: 0.23, Rnk 470 / 1029
Exports In 2020, Spain exported $295M in Buses, making it the 12th largest exporter of Buses in the world. At the same year, Buses was the 218th most exported product in Spain. The main destination of Buses exports from Spain are: Italy ($71.1M), United Arab Emirates ($50.3M), France ($32.1M), Israel ($30.9M), and United Kingdom ($30.3M).
Imports In 2020, Spain imported $356M in Buses, becoming the 9th largest importer of Buses in the world. At the same year, Buses was the 191st most imported product in Spain. Spain imports Buses primarily from: France ($110M), Germany ($86.1M), Poland ($45M), Turkey ($40.3M), and Sweden ($18.8M).
The fastest growing import markets in Buses for Spain between 2019 and 2020 were France ($73.6M), Sweden ($15.8M), and Japan ($1.66M).
Tariffs In 2019, the average tariff for Spain in Buses was 4.63%. The countries with the highest import tariffs for Buses were Republic of the Congo (Most Favoured Nation duty rate treatement, 12.6%), Western Sahara (Most Favoured Nation duty rate treatement, 12.6%), Gabon (Most Favoured Nation duty rate treatement, 12.6%), Libya (Most Favoured Nation duty rate treatement, 12.6%), and Mayotte (Most Favoured Nation duty rate treatement, 12.6%).
December 2022
Overview In December 2022 Spain's Buses exports accounted up to €27.3M and imports accounted up to €89M, resulting in a negative trade balance of €61.6M. Between December 2021 and December 2022 the exports of Spain's Buses have decreased by €-24.2M (-46.9%) from €51.5M to €27.3M, while imports increased by €34.2M (62.5%) from €54.8M to €89M.
Destinations In December 2022, Buses were exported mostly to N/A, and were imported mostly from N/A.
Growth In December 2022, the decrease in Buses's year-by-year exports was explained primarily by a decrease in exports to Italy (€-2.46M or -63.1%), Austria (€-105k or -99.6%), and Morocco (€-30.7k or -80.9%). In December 2022, the increase in Buses's year-by-year imports was explained primarily by an increase in imports from France (€2.94M or 12.1%).
EXPORT GROWTH (December 2021 - December 2022): €-24.2M, (-46.9%)
IMPORT GROWTH (December 2021 - December 2022): €34.2M, (62.5%)
This section shows Buses'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 Buses over time.
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EXPORTS (2020): $295M
IMPORTS (2020): $356M
NET TRADE (2020): -$61.5M
In 2020, Spain exported $295M in Buses. The main destinations of Spain exports on Buses were Italy ($71.1M), United Arab Emirates ($50.3M), France ($32.1M), Israel ($30.9M), and United Kingdom ($30.3M).
In 2020, Spain imported $356M in Buses, mainly from France ($110M), Germany ($86.1M), Poland ($45M), Turkey ($40.3M), and Sweden ($18.8M).
In 2020, Spain's main exporting competitors in Buses were:
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