Electric Batteries in Spain | The Observatory of Economic Complexity

About

Exports In 2022, Spain exported $1.24B in Electric Batteries, making it the 15th largest exporter of Electric Batteries in the world. At the same year, Electric Batteries was the 58th most exported product in Spain. The main destination of Electric Batteries exports from Spain are: France ($246M), Germany ($148M), Italy ($142M), Portugal ($106M), and United Kingdom ($94.1M).

The fastest growing export markets for Electric Batteries of Spain between 2021 and 2022 were United States ($63.2M), Portugal ($15.3M), and Saudi Arabia ($7.3M).

Imports In 2022, Spain imported $3.13B in Electric Batteries, becoming the 13th largest importer of Electric Batteries in the world. At the same year, Electric Batteries was the 18th most imported product in Spain. Spain imports Electric Batteries primarily from: China ($1.81B), Germany ($267M), Hungary ($240M), Czechia ($209M), and Italy ($107M).

The fastest growing import markets in Electric Batteries for Spain between 2021 and 2022 were China ($888M), Hungary ($114M), and Czechia ($15.2M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Electric Batteries from Spain to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Spain's Electric Batteries exports accounted up to €116M and imports accounted up to €153M, resulting in a negative trade balance of €37M. Between January 2023 and January 2024 the exports of Spain's Electric Batteries have increased by €4.31M (3.86%) from €112M to €116M, while imports decreased by €-150M (-49.5%) from €303M to €153M.

Destinations In January 2024, Electric Batteries were exported mostly to France (€24.1M), Italy (€16.6M), United Kingdom (€15.4M), Portugal (€12M), and Poland (€9.21M), and were imported mostly from China (€49.2M), Germany (€22.1M), Hungary (€17.9M), Czechia (€17.3M), and Italy (€7.94M).

Growth In January 2024, the increase in Electric Batteries's year-by-year exports was explained primarily by an increase in exports to France (€10.6M or 50.4%), United Kingdom (€4.58M or 84.8%), and Germany (€3.76M or 37.1%). In January 2024, the decrease in Electric Batteries's year-by-year imports was explained primarily by a decrease in imports from Hungary (€-8.42M or -29.1%), Poland (€-3.2M or -57.5%), and South Korea (€-2.02M or -54.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€4.31M(3.86%)

IMPORT GROWTH (January 2023 - January 2024)€-150M(-49.5%)

MAIN EXPORTER (January 2024)Madrid€26.3M

MAIN DESTINATION (January 2024)France€24.1M

This section shows Electric Batteries'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 Electric Batteries over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.24B

IMPORTS (2022)$3.13B

NET TRADE (2022)-$1.89B

In 2022, Spain exported $1.24B in Electric Batteries. The main destinations of Spain exports on Electric Batteries were France ($246M), Germany ($148M), Italy ($142M), Portugal ($106M), and United Kingdom ($94.1M).

In 2022, Spain imported $3.13B in Electric Batteries, mainly from China ($1.81B), Germany ($267M), Hungary ($240M), Czechia ($209M), and Italy ($107M).

Explore Visualizations