2022
Exports
$957MWorld Rnk 20 / 223
Flag Rnk 82 / 1214
2022
PRODUCT COMPLEXITY IN Centrifuges
1.1Rnk 136 / 1025
2022
Imports
$2.21BWorld Rnk 9 / 226
Flag Rnk 32 / 1214
2022
ECONOMIC COMPLEXITY of Spain
0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $957M in Centrifuges, making it the 20th largest exporter of Centrifuges in the world. At the same year, Centrifuges was the 82nd most exported product in Spain. The main destination of Centrifuges exports from Spain are: Portugal ($130M), France ($102M), Germany ($93.7M), South Korea ($59.6M), and Morocco ($53.4M).

The fastest growing export markets for Centrifuges of Spain between 2021 and 2022 were South Korea ($48.8M), Portugal ($26.4M), and United Kingdom ($12.2M).

Imports In 2022, Spain imported $2.21B in Centrifuges, becoming the 9th largest importer of Centrifuges in the world. At the same year, Centrifuges was the 32nd most imported product in Spain. Spain imports Centrifuges primarily from: Germany ($579M), Portugal ($445M), Poland ($230M), France ($149M), and Italy ($128M).

The fastest growing import markets in Centrifuges for Spain between 2021 and 2022 were Germany ($107M), Poland ($85.2M), and South Africa ($29.1M).

COMPANIES In 2023, leading companies such as Vestas (8), John Deere (2), and ABB Motors and Mechanical (1) were at the forefront of shipping Centrifuges from Spain to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-9.3M(-14.3%)
IMPORT GROWTH (August 2023 - August 2024)€-25.2M(-20.5%)
MAIN EXPORTER (August 2024)Barcelona€20.5M
MAIN DESTINATION (August 2024)Portugal€7.27M

This section shows Centrifuges'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 Centrifuges over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$957M
IMPORTS (2022)$2.21B
NET TRADE (2022)-$1.26B

In 2022, Spain exported $957M in Centrifuges. The main destinations of Spain exports on Centrifuges were Portugal ($130M), France ($102M), Germany ($93.7M), South Korea ($59.6M), and Morocco ($53.4M).

In 2022, Spain imported $2.21B in Centrifuges, mainly from Germany ($579M), Portugal ($445M), Poland ($230M), France ($149M), and Italy ($128M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Centrifuges EXPORT MARKETS FOR Spain WERE (2021 - 2022):
South Korea$48.8M (450%)
Portugal$26.4M (25.4%)
United Kingdom$12.2M (32.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Centrifuges BY Spain WERE (2021 - 2022):
Germany-$19.3M (-17.1%)
France-$13.6M (-11.8%)
Algeria-$8.71M (-46.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Centrifuges were:
In 2022, Spain's main importing competitors in Centrifuges were:

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Trade Value of Centrifuges by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $62.8M
TOP IMPORT POTENTIALFrance+ $84M

Centrifuges’s highest export potential is France. With an export gap of $62.8M.   Centrifuges’s highest import potential is France with an import gap of $84M.

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