2022
Exports
$33.3MWorld Rnk 18 / 188
Flag Rnk 728 / 1214
2022
PRODUCT COMPLEXITY IN Electrical Parts
-1.06Rnk 849 / 1025
2022
Imports
$30.6MWorld Rnk 26 / 212
Flag Rnk 774 / 1214
2022
ECONOMIC COMPLEXITY of Spain
0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $33.3M in Electrical Parts, making it the 18th largest exporter of Electrical Parts in the world. At the same year, Electrical Parts was the 728th most exported product in Spain. The main destination of Electrical Parts exports from Spain are: Portugal ($20.3M), Turkey ($3.5M), Italy ($3.4M), Germany ($1.56M), and France ($722k).

The fastest growing export markets for Electrical Parts of Spain between 2021 and 2022 were Portugal ($12.9M), Belgium ($468k), and Brazil ($117k).

Imports In 2022, Spain imported $30.6M in Electrical Parts, becoming the 26th largest importer of Electrical Parts in the world. At the same year, Electrical Parts was the 774th most imported product in Spain. Spain imports Electrical Parts primarily from: Netherlands ($12.3M), Germany ($5.8M), France ($3.44M), Portugal ($2.61M), and China ($1.81M).

The fastest growing import markets in Electrical Parts for Spain between 2021 and 2022 were Netherlands ($5.69M), United States ($246k), and Romania ($227k).

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€179k(49.8%)
IMPORT GROWTH (August 2023 - August 2024)€-144k(-8.88%)
MAIN EXPORTER (August 2024)Barcelona€335k
MAIN DESTINATION (August 2024)United Kingdom€103k

This section shows Electrical Parts'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 Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$33.3M
IMPORTS (2022)$30.6M
NET TRADE (2022)$2.67M

In 2022, Spain exported $33.3M in Electrical Parts. The main destinations of Spain exports on Electrical Parts were Portugal ($20.3M), Turkey ($3.5M), Italy ($3.4M), Germany ($1.56M), and France ($722k).

In 2022, Spain imported $30.6M in Electrical Parts, mainly from Netherlands ($12.3M), Germany ($5.8M), France ($3.44M), Portugal ($2.61M), and China ($1.81M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Parts EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Portugal$12.9M (175%)
Belgium$468k (539%)
Brazil$117k (151%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Parts BY Spain WERE (2021 - 2022):
Italy-$6.79M (-66.7%)
Egypt-$2.63M (-85.7%)
China-$2.49M (-94.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Electrical Parts were:
In 2022, Spain's main importing competitors in Electrical Parts were:

Explore Visualizations

Trade Value of Electrical Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.07M
TOP IMPORT POTENTIALChina+ $1.74M

Electrical Parts’s highest export potential is China. With an export gap of $2.07M.   Electrical Parts’s highest import potential is China with an import gap of $1.74M.

See methodology.

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