Coffee and Tea Extracts in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $609M in Coffee and Tea Extracts, making it the 3rd largest exporter of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 151st most exported product in Spain. The main destination of Coffee and Tea Extracts exports from Spain are: United Kingdom ($83.1M), France ($63M), Germany ($46.9M), Poland ($46.1M), and Turkey ($44.8M).

The fastest growing export markets for Coffee and Tea Extracts of Spain between 2021 and 2022 were Turkey ($21.3M), Hungary ($15M), and United Kingdom ($14.2M).

Imports In 2022, Spain imported $124M in Coffee and Tea Extracts, becoming the 22nd largest importer of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 468th most imported product in Spain. Spain imports Coffee and Tea Extracts primarily from: Germany ($18.3M), Netherlands ($17.5M), France ($17.2M), Vietnam ($14.1M), and Portugal ($9.77M).

The fastest growing import markets in Coffee and Tea Extracts for Spain between 2021 and 2022 were Mexico ($4.86M), Vietnam ($4.39M), and Ecuador ($2.77M).

COMPANIES In 2023, leading companies such as COSENTINO NORTH AMERICA INC. (14) were at the forefront of shipping Coffee and Tea Extracts from Spain to the United States.

Latest Trends

January 2024

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Overview In January 2024 Spain's Coffee and Tea Extracts exports accounted up to €48M and imports accounted up to €13.2M, resulting in a positive trade balance of €34.8M. Between January 2023 and January 2024 the exports of Spain's Coffee and Tea Extracts have increased by €6.97M (17%) from €41M to €48M, while imports increased by €2.3M (21.2%) from €10.8M to €13.2M.

Destinations In January 2024, Coffee and Tea Extracts were exported mostly to United Kingdom (€8.17M), France (€4.81M), Germany (€4.63M), Poland (€3.24M), and Greece (€2.85M), and were imported mostly from Germany (€3.74M), Vietnam (€3.1M), Mexico (€1.25M), Netherlands (€795k), and Italy (€701k).

Growth In January 2024, the increase in Coffee and Tea Extracts's year-by-year exports was explained primarily by an increase in exports to France (€1.82M or 41.8%), Germany (€1.35M or 50%), and Portugal (€1.22M or 44.2%). In January 2024, the increase in Coffee and Tea Extracts's year-by-year imports was explained primarily by an increase in imports from France (€824k or 122%), United States (€813k or 195%), and Germany (€703k or 27.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€6.97M(17%)

IMPORT GROWTH (January 2023 - January 2024)€2.3M(21.2%)

MAIN EXPORTER (January 2024)Girona€24.8M

MAIN DESTINATION (January 2024)United Kingdom€8.17M

This section shows Coffee and Tea Extracts'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 Coffee and Tea Extracts over time.

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