Gaskets in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $65.1M in Gaskets, making it the 16th largest exporter of Gaskets in the world. At the same year, Gaskets was the 586th most exported product in Spain. The main destination of Gaskets exports from Spain are: Germany ($8.88M), Portugal ($7.43M), Poland ($5.05M), France ($4.23M), and United States ($3.35M).

The fastest growing export markets for Gaskets of Spain between 2021 and 2022 were Indonesia ($1.18M), Chile ($946k), and Kazakhstan ($616k).

Imports In 2022, Spain imported $71.2M in Gaskets, becoming the 23rd largest importer of Gaskets in the world. At the same year, Gaskets was the 609th most imported product in Spain. Spain imports Gaskets primarily from: Germany ($27.1M), Italy ($7.35M), United States ($7.21M), France ($4.96M), and Belgium ($4.37M).

The fastest growing import markets in Gaskets for Spain between 2021 and 2022 were United Kingdom ($1.07M), United States ($978k), and Chinese Taipei ($863k).

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

Latest Trends

January 2024

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Overview In January 2024 Spain's Gaskets exports accounted up to €7.88M and imports accounted up to €11M, resulting in a negative trade balance of €3.17M. Between January 2023 and January 2024 the exports of Spain's Gaskets have decreased by €-4.65M (-37.1%) from €12.5M to €7.88M, while imports increased by €1.26M (12.8%) from €9.79M to €11M.

Destinations In January 2024, Gaskets were exported mostly to Germany (€1.34M), Portugal (€833k), Poland (€682k), France (€660k), and Australia (€327k), and were imported mostly from Germany (€3.29M), Italy (€1.42M), United States (€1.21M), China (€876k), and France (€845k).

Growth In January 2024, the decrease in Gaskets's year-by-year exports was explained primarily by a decrease in exports to Rest of the world (€-298k or -57.1%), Sweden (€-298k or -89.4%), and Belgium (€-228k or -78.9%). In January 2024, the increase in Gaskets's year-by-year imports was explained primarily by an increase in imports from Germany (€695k or 27.6%), United Kingdom (€164k or 50.8%), and Czechia (€156k or 89.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-4.65M(-37.1%)

IMPORT GROWTH (January 2023 - January 2024)€1.26M(12.8%)

MAIN EXPORTER (January 2024)Albacete€2.47M

MAIN DESTINATION (January 2024)Germany€1.34M

This section shows Gaskets'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 Gaskets over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$65.1M

IMPORTS (2022)$71.2M

NET TRADE (2022)-$6.08M

In 2022, Spain exported $65.1M in Gaskets. The main destinations of Spain exports on Gaskets were Germany ($8.88M), Portugal ($7.43M), Poland ($5.05M), France ($4.23M), and United States ($3.35M).

In 2022, Spain imported $71.2M in Gaskets, mainly from Germany ($27.1M), Italy ($7.35M), United States ($7.21M), France ($4.96M), and Belgium ($4.37M).

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