Fish oil in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $50.7M in Fish oil, making it the 16th largest exporter of Fish oil in the world. At the same year, Fish oil was the 643rd most exported product in Spain. The main destination of Fish oil exports from Spain are: France ($10.1M), Greece ($8.34M), Italy ($8.02M), Netherlands ($6.5M), and Germany ($4.54M).

The fastest growing export markets for Fish oil of Spain between 2021 and 2022 were Netherlands ($2.89M), Italy ($2.76M), and France ($2.24M).

Imports In 2022, Spain imported $63M in Fish oil, becoming the 16th largest importer of Fish oil in the world. At the same year, Fish oil was the 635th most imported product in Spain. Spain imports Fish oil primarily from: Norway ($11.8M), China ($9.65M), France ($7.19M), Mauritania ($4.41M), and Denmark ($4.14M).

The fastest growing import markets in Fish oil for Spain between 2021 and 2022 were Norway ($4.97M), France ($3.73M), and Denmark ($3.4M).

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

Latest Trends

January 2024

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Overview In January 2024 Spain's Fish oil exports accounted up to €4.56M and imports accounted up to €7.81M, resulting in a negative trade balance of €3.24M. Between January 2023 and January 2024 the exports of Spain's Fish oil have increased by €207k (4.74%) from €4.36M to €4.56M, while imports increased by €941k (13.7%) from €6.87M to €7.81M.

Destinations In January 2024, Fish oil were exported mostly to France (€1.75M), Italy (€657k), Greece (€627k), Netherlands (€431k), and Portugal (€291k), and were imported mostly from India (€1.24M), Ecuador (€1.2M), Oman (€780k), Philippines (€673k), and Norway (€624k).

Growth In January 2024, the increase in Fish oil's year-by-year exports was explained primarily by an increase in exports to Italy (€503k or 126%), Portugal (€495k or 807%), and Greece (€403k or 62.8%). In January 2024, the increase in Fish oil's year-by-year imports was explained primarily by an increase in imports from Latvia (€575k or 659%), China (€440k or 83.9%), and France (€348k or 32.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€207k(4.74%)

IMPORT GROWTH (January 2023 - January 2024)€941k(13.7%)

MAIN EXPORTER (January 2024)Pontevedra€2.63M

MAIN DESTINATION (January 2024)France€1.75M

This section shows Fish oil'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 Fish oil over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$50.7M

IMPORTS (2022)$63M

NET TRADE (2022)-$12.3M

In 2022, Spain exported $50.7M in Fish oil. The main destinations of Spain exports on Fish oil were France ($10.1M), Greece ($8.34M), Italy ($8.02M), Netherlands ($6.5M), and Germany ($4.54M).

In 2022, Spain imported $63M in Fish oil, mainly from Norway ($11.8M), China ($9.65M), France ($7.19M), Mauritania ($4.41M), and Denmark ($4.14M).

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