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2022
Exports $898MWorld Rnk 22 / 219
Flag Rnk 93 / 1214
2022
Destination $27.6M Germany
2021 - 2022
FASTEST GROWING MARKET $27.6MGermany
2022
PRODUCT COMPLEXITY IN Electrical Control Boards0.56Rnk 343 / 1025
2022
Imports $1.54BWorld Rnk 14 / 224
Flag Rnk 61 / 1214
2022
Origin $56.4M Germany
2021 - 2022
FASTEST GROWING ORIGIN $56.4MChina
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $898M in Electrical Control Boards, making it the 22nd largest exporter of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 93rd most exported product in Spain. The main destination of Electrical Control Boards exports from Spain are: Germany ($121M), France ($81.1M), United Kingdom ($77.5M), Italy ($50.5M), and Turkey ($50.5M).

The fastest growing export markets for Electrical Control Boards of Spain between 2021 and 2022 were Germany ($27.6M), Morocco ($13.8M), and United States ($11.2M).

Imports In 2022, Spain imported $1.54B in Electrical Control Boards, becoming the 14th largest importer of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 61st most imported product in Spain. Spain imports Electrical Control Boards primarily from: Germany ($425M), France ($206M), China ($178M), Romania ($100M), and Czechia ($66.4M).

The fastest growing import markets in Electrical Control Boards for Spain between 2021 and 2022 were China ($56.4M), Romania ($33.7M), and Czechia ($22M).

COMPANIES In 2023, leading companies such as Ford Motor Company (2) and Polyplex (1) were at the forefront of shipping Electrical Control Boards from Spain to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Spain's Electrical Control Boards exports accounted up to €109M and imports accounted up to €118M, resulting in a negative trade balance of €9.62M. Between October 2023 and October 2024 the exports of Spain's   Electrical Control Boards have increased by €28.1M (34.9%) from €80.7M to €109M, while imports decreased by €-11.3M (-8.7%) from €130M to €118M.

Destinations In October 2024, Electrical Control Boards were exported mostly to Germany (€12M), United States (€9.38M), United Kingdom (€9.17M), France (€8.75M), and Morocco (€5.61M), and were imported mostly from Germany (€33.8M), China (€15.6M), Morocco (€14.7M), Rest of the world (€7.71M), and France (€7.06M).

Growth In October 2024, the increase in Electrical Control Boards's year-by-year exports was explained primarily by an increase in exports to United Kingdom (€6.12M or 164%), Turkey (€3.32M or 89.5%), and Morocco (€3.08M or 132%). In October 2024, the decrease in Electrical Control Boards's year-by-year imports was explained primarily by a decrease in imports from Czechia (€-755k or -27.8%), Romania (€-743k or -20.6%), and Ireland (€-716k or -82.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€28.1M(34.9%)
IMPORT GROWTH (October 2023 - October 2024)€-11.3M(-8.7%)
MAIN EXPORTER (October 2024)Barcelona€26.4M
MAIN DESTINATION (October 2024)Germany€12M

This section shows Electrical Control Boards'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 Electrical Control Boards over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$898M
IMPORTS (2022)$1.54B
NET TRADE (2022)-$647M

In 2022, Spain exported $898M in Electrical Control Boards. The main destinations of Spain exports on Electrical Control Boards were Germany ($121M), France ($81.1M), United Kingdom ($77.5M), Italy ($50.5M), and Turkey ($50.5M).

In 2022, Spain imported $1.54B in Electrical Control Boards, mainly from Germany ($425M), France ($206M), China ($178M), Romania ($100M), and Czechia ($66.4M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Control Boards EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Germany$27.6M (29.5%)
Morocco$13.8M (38.6%)
United States$11.2M (29.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Control Boards BY Spain WERE (2021 - 2022):
China-$20.2M (-45.1%)
United Kingdom-$17.2M (-18.1%)
Slovakia-$13.5M (-76.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Electrical Control Boards were:
China $14.2B
Germany $11.3B
Mexico $7.12B
In 2022, Spain's main importing competitors in Electrical Control Boards were:
United States $16.6B
Germany $8.76B
China $5.33B

Explore Visualizations

Trade Value of Electrical Control Boards by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $53.1M
TOP IMPORT POTENTIALChina+ $87.1M

Electrical Control Boards’s highest export potential is Germany. With an export gap of $53.1M.   Electrical Control Boards’s highest import potential is China with an import gap of $87.1M.

See methodology.

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