Centrifuges in Spain 2021 Exports | Imports : $911M | $2.08B, World Rnk 20 / 225 Rnk 89 / 1214 | World Rnk 11 / 225 Rnk 31 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $33.6M | $116M, Germany | Portugal
2021 ECONOMIC COMPLEXITY of Spain: 0.78, Rnk 35 / 131
2021 PRODUCT COMPLEXITY IN Centrifuges: 1.01, Rnk 166 / 1024
Exports In 2021, Spain exported $911M in Centrifuges, making it the 20th largest exporter of Centrifuges in the world. At the same year, Centrifuges was the 89th most exported product in Spain. The main destination of Centrifuges exports from Spain are: France ($116M), Germany ($113M), Portugal ($104M), Morocco ($56.2M), and United Kingdom ($38.2M).
The fastest growing export markets for Centrifuges of Spain between 2020 and 2021 were Germany ($33.6M), Morocco ($31.2M), and United Kingdom ($22.6M).
Imports In 2021, Spain imported $2.08B in Centrifuges, becoming the 11th largest importer of Centrifuges in the world. At the same year, Centrifuges was the 31st most imported product in Spain. Spain imports Centrifuges primarily from: Portugal ($504M), Germany ($472M), France ($160M), Poland ($144M), and Italy ($137M).
The fastest growing import markets in Centrifuges for Spain between 2020 and 2021 were Portugal ($116M), Germany ($80.5M), and Poland ($56M).
May 2023
Overview In May 2023 Spain's Centrifuges exports accounted up to €74.5M and imports accounted up to €201M, resulting in a negative trade balance of €126M. Between May 2022 and May 2023 the exports of Spain's Centrifuges have decreased by €-7.92M (-9.6%) from €82.4M to €74.5M, while imports increased by €11.3M (5.97%) from €190M to €201M.
Destinations In May 2023, Centrifuges were exported mostly to Portugal (€8.63M), France (€7.27M), Germany (€6.1M), United Kingdom (€5.01M), and United States (€5M), and were imported mostly from Portugal (€56M), Germany (€39.1M), Poland (€19.9M), China (€10.9M), and South Africa (€10.3M).
Growth In May 2023, the decrease in Centrifuges's year-by-year exports was explained primarily by a decrease in exports to Venezuela (€-5.66M or -99.9%), Morocco (€-810k or -16.3%), and Algeria (€-802k or -88.7%). In May 2023, the increase in Centrifuges's year-by-year imports was explained primarily by an increase in imports from Poland (€14M or 218%), South Africa (€3.81M or 48.4%), and United States (€2.7M or 51.9%).
EXPORT GROWTH (May 2022 - May 2023): €-7.92M, (-9.6%)
IMPORT GROWTH (May 2022 - May 2023): €11.3M, (5.97%)
MAIN EXPORTER (May 2023): Barcelona, €21.2M
MAIN DESTINATION (May 2023): Portugal, €8.63M
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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EXPORTS (2021): $911M
IMPORTS (2021): $2.08B
NET TRADE (2021): -$1.17B
In 2021, Spain exported $911M in Centrifuges. The main destinations of Spain exports on Centrifuges were France ($116M), Germany ($113M), Portugal ($104M), Morocco ($56.2M), and United Kingdom ($38.2M).
In 2021, Spain imported $2.08B in Centrifuges, mainly from Portugal ($504M), Germany ($472M), France ($160M), Poland ($144M), and Italy ($137M).
THE FASTEST GROWING Centrifuges EXPORT MARKETS FOR Spain WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Centrifuges BY Spain WERE (2020 - 2021):
In 2021, Spain's main exporting competitors in Centrifuges were:
In 2021, Spain's main importing competitors in Centrifuges were:
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