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2022
Exports $261MWorld Rnk 6 / 152
Flag Rnk 286 / 1214
2022
Destination $5.92M Portugal
2021 - 2022
FASTEST GROWING MARKET $5.92MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Fermented Milk Products-0.22Rnk 622 / 1025
2022
Imports $244MWorld Rnk 5 / 219
Flag Rnk 325 / 1214
2022
Origin $8.66M France
2021 - 2022
FASTEST GROWING ORIGIN $8.66MGermany
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $261M in Fermented Milk Products, making it the 6th largest exporter of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 286th most exported product in Spain. The main destination of Fermented Milk Products exports from Spain are: Portugal ($123M), France ($33.5M), Italy ($25.9M), United Kingdom ($17.1M), and Germany ($10.9M).

The fastest growing export markets for Fermented Milk Products of Spain between 2021 and 2022 were United Kingdom ($5.92M), France ($5.67M), and Portugal ($2.43M).

Imports In 2022, Spain imported $244M in Fermented Milk Products, becoming the 5th largest importer of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 325th most imported product in Spain. Spain imports Fermented Milk Products primarily from: France ($81.8M), Germany ($70.2M), Portugal ($41.6M), Austria ($14.1M), and Czechia ($12.9M).

The fastest growing import markets in Fermented Milk Products for Spain between 2021 and 2022 were Germany ($8.66M), Portugal ($7.25M), and France ($5.81M).

COMPANIES In 2023, leading companies such as Volvo (1) were at the forefront of shipping Fermented Milk Products from Spain to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Spain's Fermented Milk Products exports accounted up to €28.8M and imports accounted up to €25.6M, resulting in a positive trade balance of €3.26M. Between August 2023 and August 2024 the exports of Spain's   Fermented Milk Products have increased by €4.49M (18.4%) from €24.3M to €28.8M, while imports decreased by €-1.57M (-5.77%) from €27.1M to €25.6M.

Destinations In August 2024, Fermented Milk Products were exported mostly to Portugal (€13.1M), France (€4.04M), Italy (€3.11M), United Kingdom (€1.19M), and Philippines (€801k), and were imported mostly from France (€8.91M), Germany (€5.84M), Portugal (€4.05M), Austria (€2.27M), and Slovakia (€1.14M).

Growth In August 2024, the increase in Fermented Milk Products's year-by-year exports was explained primarily by an increase in exports to Portugal (€1.5M or 17.5%), France (€780k or 31.2%), and Italy (€697k or 36.5%). In August 2024, the decrease in Fermented Milk Products's year-by-year imports was explained primarily by a decrease in imports from Netherlands (€-38.2k or -76.1%), Belgium (€-36k or -48.7%), and Romania (€-7.31k or -5.99%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€4.49M(18.4%)
IMPORT GROWTH (August 2023 - August 2024)€-1.57M(-5.77%)
MAIN EXPORTER (August 2024)Barcelona€12.9M
MAIN DESTINATION (August 2024)Portugal€13.1M

This section shows Fermented Milk Products'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 Fermented Milk Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$261M
IMPORTS (2022)$244M
NET TRADE (2022)$16.9M

In 2022, Spain exported $261M in Fermented Milk Products. The main destinations of Spain exports on Fermented Milk Products were Portugal ($123M), France ($33.5M), Italy ($25.9M), United Kingdom ($17.1M), and Germany ($10.9M).

In 2022, Spain imported $244M in Fermented Milk Products, mainly from France ($81.8M), Germany ($70.2M), Portugal ($41.6M), Austria ($14.1M), and Czechia ($12.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fermented Milk Products EXPORT MARKETS FOR Spain WERE (2021 - 2022):
United Kingdom$5.92M (52.7%)
France$5.67M (20.3%)
Portugal$2.43M (2.02%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fermented Milk Products BY Spain WERE (2021 - 2022):
Philippines-$1.75M (-22.6%)
Belgium-$970k (-23.5%)
Italy-$937k (-3.49%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Fermented Milk Products were:
Germany $1.01B
France $597M
Belgium $347M
In 2022, Spain's main importing competitors in Fermented Milk Products were:
Italy $477M
United Kingdom $452M
Netherlands $348M

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Trade Value of Fermented Milk Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $5.27M
TOP IMPORT POTENTIALGreece+ $2.37M

Fermented Milk Products’s highest export potential is United Kingdom. With an export gap of $5.27M.   Fermented Milk Products’s highest import potential is Greece with an import gap of $2.37M.

See methodology.

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