Cars in 
Spain
2020 Exports | Imports : $32B | $13.9B, World Rnk 6 / 210 Rnk 1 / 1213 | World Rnk 9 / 224 Rnk 2 / 1213
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $625M | $43.7M, Turkey | Romania
Exports In 2020, Spain exported $32B in Cars, making it the 6th largest exporter of Cars in the world. At the same year, Cars was the 1st most exported product in Spain. The main destination of Cars exports from Spain are: France ($7.39B), Germany ($7.06B), United Kingdom ($3.2B), Italy ($3.15B), and Belgium ($1.63B).
The fastest growing export markets for Cars of Spain between 2019 and 2020 were Turkey ($625M), France ($599M), and Japan ($159M).
Imports In 2020, Spain imported $13.9B in Cars, becoming the 9th largest importer of Cars in the world. At the same year, Cars was the 2nd most imported product in Spain. Spain imports Cars primarily from: Germany ($3.61B), France ($1.59B), United Kingdom ($986M), Japan ($922M), and Czechia ($817M).
The fastest growing import markets in Cars for Spain between 2019 and 2020 were Romania ($43.7M), Mexico ($12.7M), and Lithuania ($4.95M).
Tariffs In 2019, the average tariff for Spain in Cars was 3.62%. The countries with the highest import tariffs for Cars were Republic of the Congo (Most Favoured Nation duty rate treatement, 9.84%), Western Sahara (Most Favoured Nation duty rate treatement, 9.84%), Gabon (Most Favoured Nation duty rate treatement, 9.84%), Libya (Most Favoured Nation duty rate treatement, 9.84%), and Mayotte (Most Favoured Nation duty rate treatement, 9.84%).
Latest Trends
#permalink to sectionNovember 2021
Overview In November 2021 Spain's Cars exports accounted up to €2.51B and imports accounted up to €1.19B, resulting in a positive trade balance of €1.32B. Between November 2020 and November 2021 the exports of Spain's Cars have decreased by €-240M (-8.74%) from €2.75B to €2.51B, while imports decreased by €-299M (-20%) from €1.49B to €1.19B.
Destinations In November 2021, Cars were exported mostly to Germany (€595M), France (€473M), United Kingdom (€230M), Italy (€210M), and Belgium (€185M), and were imported mostly from Germany (€295M), France (€143M), Czechia (€96.8M), United Kingdom (€96.5M), and Turkey (€88.3M).
Growth In November 2021, the decrease in Cars's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (€-90.4M or -25.7%), United States (€-11.9M or -16%), and Austria (€-9.26M or -19.1%). In November 2021, the decrease in Cars's year-by-year imports was explained primarily by a decrease in imports from Germany (€-102M or -20.8%), France (€-101M or -42.2%), and South Africa (€-24.9M or -99.7%).
Subnational Monthly Trade
#permalink to sectionEXPORT GROWTH (November 2020 - November 2021): €-240M, (-8.74%)
IMPORT GROWTH (November 2020 - November 2021): €-299M, (-20%)
MAIN EXPORTER (November 2021): Barcelona, €637M
MAIN DESTINATION (November 2021): Germany, €595M
This section shows Cars'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 Cars over time.
For full datasets download visit Bulk Download page.
Historical Data
#permalink to sectionTrade Balance
#permalink to sectionEXPORTS (2020): $32B
IMPORTS (2020): $13.9B
NET TRADE (2020): $18.2B
In 2020, Spain exported $32B in Cars. The main destinations of Spain exports on Cars were France ($7.39B), Germany ($7.06B), United Kingdom ($3.2B), Italy ($3.15B), and Belgium ($1.63B).
In 2020, Spain imported $13.9B in Cars, mainly from Germany ($3.61B), France ($1.59B), United Kingdom ($986M), Japan ($922M), and Czechia ($817M).
Net Trade
#permalink to sectionIN 2020, Spain HAD A NEGATIVE NET TRADE IN Cars WITH:
- Japan , -$608M ($314M - $922M)
- South Korea , -$608M ($68.7M - $676M)
- Slovakia , -$568M ($191M - $759M)
Market Growth
#permalink to sectionMarket Concentration
#permalink to sectionIn 2019, Spain's main exporting competitors in Cars were:
- Germany , $123B
- Japan , $83.1B
- United States , $47.6B
In 2019, Spain's main importing competitors in Cars were:
- United States , $144B
- Germany , $68.9B
- China , $42B
Tariffs
#permalink to sectionTariffs by Country
#permalink to sectionIn 2019, the average tariff for Spain in Cars was 3.62%.
The countries with the highest tariffs for Cars in Spain were Republic of the Congo (Most Favoured Nation duty rate treatement, 9.84%), Western Sahara (Most Favoured Nation duty rate treatement, 9.84%), Gabon (Most Favoured Nation duty rate treatement, 9.84%), Libya (Most Favoured Nation duty rate treatement, 9.84%), and Mayotte (Most Favoured Nation duty rate treatement, 9.84%).
