NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $252MWorld Rnk 4 / 164
Flag Rnk 287 / 1215
2023
Destination $8.04M Italy
2022 - 2023
FASTEST GROWING MARKET $8.04MUnited States
2023
PRODUCT COMPLEXITY IN Drilling Machines1.11Rnk 139 / 1025
2023
Imports $36.9MWorld Rnk 23 / 213
Flag Rnk 727 / 1214
2023
Origin $1.95M Germany
2022 - 2023
FASTEST GROWING ORIGIN $1.95MAustralia
2023
ECONOMIC COMPLEXITY of Spain0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $252M in Drilling Machines, making it the 4th largest exporter of Drilling Machines in the world. At the same year, Drilling Machines was the 287th most exported product in Spain. The main destination of Drilling Machines exports from Spain are: Italy ($44.9M), Germany ($40M), China ($30.7M), United States ($26.4M), and Turkey ($16.9M).

The fastest growing export markets for Drilling Machines of Spain between 2022 and 2023 were United States ($8.04M), India ($7.68M), and Turkey ($4.04M).

Imports In 2023, Spain imported $36.9M in Drilling Machines, becoming the 23rd largest importer of Drilling Machines in the world. At the same year, Drilling Machines was the 727th most imported product in Spain. Spain imports Drilling Machines primarily from: Germany ($10.3M), Italy ($5.3M), China ($3.55M), Chinese Taipei ($3.05M), and Czechia ($2.96M).

The fastest growing import markets in Drilling Machines for Spain between 2022 and 2023 were Australia ($1.95M), Czechia ($1.62M), and Germany ($1.54M).

COMPANIES In 2023, leading companies such as ZF Friedrichshafen (48) and John Deere (15) were at the forefront of shipping Drilling Machines from Spain to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Spain's Drilling Machines exports accounted up to €19.9M and imports accounted up to €1.45M, resulting in a positive trade balance of €18.4M. Between November 2023 and November 2024 the exports of Spain's   Drilling Machines have decreased by €-11.9M (-37.4%) from €31.7M to €19.9M, while imports decreased by €-2.56M (-63.9%) from €4.01M to €1.45M.

Destinations In November 2024, Drilling Machines were exported mostly to Germany (€5.18M), Mexico (€4.18M), Estonia (€1.97M), Italy (€1.54M), and Belgium (€962k), and were imported mostly from China (€462k), Germany (€442k), Italy (€200k), Portugal (€100k), and Rest of the world (€63.2k).

Growth In November 2024, the decrease in Drilling Machines's year-by-year exports was explained primarily by a decrease in exports to Italy (€-3.11M or -95.6%), Romania (€-579k or -99.2%), and United Kingdom (€-509k or -49.8%). In November 2024, the decrease in Drilling Machines's year-by-year imports was explained primarily by a decrease in imports from Germany (€-447k or -41.8%), China (€-149k or -23.9%), and Portugal (€-84.5k or -87.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€-11.9M(-37.4%)
IMPORT GROWTH (November 2023 - November 2024)€-2.56M(-63.9%)
MAIN EXPORTER (November 2024)Guipúzcoa€19.5M
MAIN DESTINATION (November 2024)Germany€5.18M

This section shows Drilling Machines'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 Drilling Machines over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$252M
IMPORTS (2023)$36.9M
NET TRADE (2023)$215M

In 2023, Spain exported $252M in Drilling Machines. The main destinations of Spain exports on Drilling Machines were Italy ($44.9M), Germany ($40M), China ($30.7M), United States ($26.4M), and Turkey ($16.9M).

In 2023, Spain imported $36.9M in Drilling Machines, mainly from Germany ($10.3M), Italy ($5.3M), China ($3.55M), Chinese Taipei ($3.05M), and Czechia ($2.96M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Drilling Machines EXPORT MARKETS FOR Spain WERE (2022 - 2023):
United States$8.04M (43.9%)
India$7.68M (182%)
Turkey$4.04M (31.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drilling Machines BY Spain WERE (2022 - 2023):
Italy-$13.9M (-23.6%)
Germany-$13.5M (-25.3%)
China-$5.68M (-15.6%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Drilling Machines were:
Germany $565M
China $509M
Italy $361M
In 2023, Spain's main importing competitors in Drilling Machines were:
United States $354M
China $289M
Germany $155M

Explore Visualizations

Trade Value of Drilling Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $4.47M
TOP IMPORT POTENTIALChina+ $2.03M

Drilling Machines’s highest export potential is France. With an export gap of $4.47M.   Drilling Machines’s highest import potential is China with an import gap of $2.03M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms