2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron Bars
-0.34Rnk 659 / 1025
2022
Imports
falseWorld Rnk 11 / 210
Flag Rnk 177 / 1214
2022
ECONOMIC COMPLEXITY of Spain
0.81Rnk 33 / 133

About

Exports In 2022, Spain exported N/A in Hot-Rolled Iron Bars, making it the 7th largest exporter of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 118th most exported product in Spain. The main destination of Hot-Rolled Iron Bars exports from Spain are: France ($195M), Italy ($111M), Belgium ($106M), Portugal ($75.6M), and Turkey ($63.3M).

The fastest growing export markets for Hot-Rolled Iron Bars of Spain between 2021 and 2022 were United Kingdom ($13.6M), Netherlands ($13.2M), and Sweden ($6.49M).

Imports In 2022, Spain imported $532M in Hot-Rolled Iron Bars, becoming the 11th largest importer of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 177th most imported product in Spain. Spain imports Hot-Rolled Iron Bars primarily from: Portugal ($196M), Malaysia ($89.7M), France ($31.9M), Tunisia ($31.6M), and India ($31.4M).

The fastest growing import markets in Hot-Rolled Iron Bars for Spain between 2021 and 2022 were Malaysia ($89.7M), Portugal ($59.1M), and India ($23.2M).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€3.03M(18.4%)
IMPORT GROWTH (June 2023 - June 2024)€-2.24M(-10.5%)
MAIN EXPORTER (June 2024)Cantabria (santander)€11.9M
MAIN DESTINATION (June 2024)Italy€5.48M

This section shows Hot-Rolled Iron Bars'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 Hot-Rolled Iron Bars over time.

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Historical Data

Trade Balance

Color
IMPORTS (2022)$532M

In N/A, Spain exported N/A in Hot-Rolled Iron Bars. The main destinations of Spain exports on Hot-Rolled Iron Bars were France ($195M), Italy ($111M), Belgium ($106M), Portugal ($75.6M), and Turkey ($63.3M).

In 2022, Spain imported $532M in Hot-Rolled Iron Bars, mainly from Portugal ($196M), Malaysia ($89.7M), France ($31.9M), Tunisia ($31.6M), and India ($31.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron Bars EXPORT MARKETS FOR Spain WERE (2021 - 2022):
United Kingdom$13.6M (240%)
Netherlands$13.2M (104%)
Sweden$6.49M (36.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron Bars BY Spain WERE (2021 - 2022):
Israel-$60M (-83.6%)
Turkey-$34.2M (-35.1%)
Belgium-$25M (-19.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Hot-Rolled Iron Bars were:
Germany $1.64B
China $1.62B
In 2022, Spain's main importing competitors in Hot-Rolled Iron Bars were:

Explore Visualizations

Trade Value of Hot-Rolled Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $12.4M
TOP IMPORT POTENTIALFrance+ $13.7M

Hot-Rolled Iron Bars’s highest export potential is Germany. With an export gap of $12.4M.   Hot-Rolled Iron Bars’s highest import potential is France with an import gap of $13.7M.

See methodology.

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