2023
Exports
$2.67BWorld Rnk 9 / 102
Flag Rnk 20 / 1215
2023
PRODUCT COMPLEXITY IN Electricity
-0.74Rnk 770 / 1025
2023
Imports
$1.85BWorld Rnk 13 / 126
Flag Rnk 40 / 1214
2023
ECONOMIC COMPLEXITY of Spain
0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $2.67B in Electricity, making it the 9th largest exporter of Electricity in the world. At the same year, Electricity was the 20th most exported product in Spain. The main destination of Electricity exports from Spain are: Portugal ($1.3B), France ($1.12B), Morocco ($225M), Andorra ($25.4M), and Germany ($645k).

The fastest growing export markets for Electricity of Spain between 2022 and 2023 were Germany ($587k).

Imports In 2023, Spain imported $1.85B in Electricity, becoming the 13th largest importer of Electricity in the world. At the same year, Electricity was the 40th most imported product in Spain. Spain imports Electricity primarily from: France ($1.13B), Portugal ($680M), Morocco ($35.8M), and Jamaica ($15.9k).

The fastest growing import markets in Electricity for Spain between 2022 and 2023 were Jamaica ($242).

COMPANIES In 2023, leading companies such as Mahle Behr (30) were at the forefront of shipping Electricity from Spain to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€79.9M(53.2%)
IMPORT GROWTH (November 2023 - November 2024)€101M(103%)
MAIN EXPORTER (November 2024)Madrid€353M
MAIN DESTINATION (November 2024)Portugal€124M

This section shows Electricity'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 Electricity over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.67B
IMPORTS (2023)$1.85B
NET TRADE (2023)$823M

In 2023, Spain exported $2.67B in Electricity. The main destinations of Spain exports on Electricity were Portugal ($1.3B), France ($1.12B), Morocco ($225M), Andorra ($25.4M), and Germany ($645k).

In 2023, Spain imported $1.85B in Electricity, mainly from France ($1.13B), Portugal ($680M), Morocco ($35.8M), and Jamaica ($15.9k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electricity EXPORT MARKETS FOR Spain WERE (2022 - 2023):Germany$587k (1.01k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electricity BY Spain WERE (2022 - 2023):
France-$3.03B (-73%)
Portugal-$939M (-42%)
Morocco-$158M (-41.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Electricity were:
In 2023, Spain's main importing competitors in Electricity were:

Explore Visualizations

Trade Value of Electricity by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.11M
TOP IMPORT POTENTIALFrance+ $39.9M

Electricity’s highest export potential is Germany. With an export gap of $1.11M.   Electricity’s highest import potential is France with an import gap of $39.9M.

See methodology.

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