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
2020 ECONOMIC COMPLEXITY of Spain: 0.76, Rnk 34 / 127
2020 PRODUCT COMPLEXITY IN Cars: 0.89, Rnk 214 / 1029
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%).
December 2022
Overview In December 2022 Spain's Cars exports accounted up to €3.18B and imports accounted up to €1.8B, resulting in a positive trade balance of €1.38B. Between December 2021 and December 2022 the exports of Spain's Cars have increased by €1.29B (68.4%) from €1.89B to €3.18B, while imports increased by €551M (44.1%) from €1.25B to €1.8B.
Destinations In December 2022, Cars were exported mostly to France (€743M), Germany (€609M), United Kingdom (€291M), Italy (€250M), and Turkey (€141M), and were imported mostly from China (€348M), Germany (€269M), Japan (€141M), France (€139M), and Czechia (€130M).
Growth In December 2022, the increase in Cars's year-by-year exports was explained primarily by an increase in exports to Germany (€47M or 9.82%), Israel (€11.4M or 63.6%), and Morocco (€9.46M or 37.9%). In December 2022, the increase in Cars's year-by-year imports was explained primarily by an increase in imports from Germany (€38.8M or 17.5%), South Korea (€33.3M or 71.2%), and Romania (€15.5M or 82.4%).
EXPORT GROWTH (December 2021 - December 2022): €1.29B, (68.4%)
IMPORT GROWTH (December 2021 - December 2022): €551M, (44.1%)
MAIN EXPORTER (December 2022): Barcelona, €1.4B
MAIN DESTINATION (December 2022): France, €743M
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.
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EXPORTS (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).
In 2020, Spain's main exporting competitors in Cars were:
In 2020, Spain's main importing competitors in Cars were:
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