Forage Crops in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $452M in Forage Crops, making it the 3rd largest exporter of Forage Crops in the world. At the same year, Forage Crops was the 195th most exported product in Spain. The main destination of Forage Crops exports from Spain are: United Arab Emirates ($172M), China ($89.9M), Saudi Arabia ($67.3M), South Korea ($21.6M), and Jordan ($17.4M).

The fastest growing export markets for Forage Crops of Spain between 2021 and 2022 were United Arab Emirates ($47.6M), South Korea ($7.3M), and Japan ($6.14M).

Imports In 2022, Spain imported $9.87M in Forage Crops, becoming the 26th largest importer of Forage Crops in the world. At the same year, Forage Crops was the 989th most imported product in Spain. Spain imports Forage Crops primarily from: Chile ($2.54M), France ($2.32M), Netherlands ($978k), Portugal ($975k), and Romania ($797k).

The fastest growing import markets in Forage Crops for Spain between 2021 and 2022 were France ($1.82M), Chile ($799k), and Romania ($672k).

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

Latest Trends

January 2024

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Overview In January 2024 Spain's Forage Crops exports accounted up to €5.56M and imports accounted up to €822k, resulting in a positive trade balance of €4.74M. Between January 2023 and January 2024 the exports of Spain's Forage Crops have decreased by €-14.4M (-72.2%) from €20M to €5.56M, while imports decreased by €-522k (-38.8%) from €1.34M to €822k.

Destinations In January 2024, Forage Crops were exported mostly to Jordan (€1.04M), Portugal (€689k), China (€671k), France (€524k), and Lebanon (€505k), and were imported mostly from France (€451k), Portugal (€205k), Australia (€63.2k), Netherlands (€29.8k), and Germany (€24.5k).

Growth In January 2024, the decrease in Forage Crops's year-by-year exports was explained primarily by a decrease in exports to Saudi Arabia (€-6.69M or -84.4%), China (€-2.1M or -55.5%), and France (€-769k or -46.3%). In January 2024, the decrease in Forage Crops's year-by-year imports was explained primarily by a decrease in imports from France (€-226k or -35.6%), Italy (€-17.8k or -76.7%), and Ireland (€-708 or -21.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-14.4M(-72.2%)

IMPORT GROWTH (January 2023 - January 2024)€-522k(-38.8%)

MAIN EXPORTER (January 2024)Lleida€1.49M

MAIN DESTINATION (January 2024)Jordan€1.04M

This section shows Forage Crops'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 Forage Crops over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$452M

IMPORTS (2022)$9.87M

NET TRADE (2022)$442M

In 2022, Spain exported $452M in Forage Crops. The main destinations of Spain exports on Forage Crops were United Arab Emirates ($172M), China ($89.9M), Saudi Arabia ($67.3M), South Korea ($21.6M), and Jordan ($17.4M).

In 2022, Spain imported $9.87M in Forage Crops, mainly from Chile ($2.54M), France ($2.32M), Netherlands ($978k), Portugal ($975k), and Romania ($797k).

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