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2022
Exports $21.7MWorld Rnk 12 / 116
Flag Rnk 806 / 1214
2022
Destination $1.24M France
2021 - 2022
FASTEST GROWING MARKET $1.24MFrance
2022
PRODUCT COMPLEXITY IN Hydraulic Turbines-0.028Rnk 553 / 1025
2022
Imports $10.4MWorld Rnk 30 / 195
Flag Rnk 978 / 1214
2022
Origin $1.95M Italy
2021 - 2022
FASTEST GROWING ORIGIN $1.95MCroatia
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $21.7M in Hydraulic Turbines, making it the 12th largest exporter of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 806th most exported product in Spain. The main destination of Hydraulic Turbines exports from Spain are: France ($3.31M), Norway ($2.96M), United States ($2M), Switzerland ($1.5M), and Angola ($1.48M).

The fastest growing export markets for Hydraulic Turbines of Spain between 2021 and 2022 were France ($1.24M), Ecuador ($1.09M), and United States ($906k).

Imports In 2022, Spain imported $10.4M in Hydraulic Turbines, becoming the 30th largest importer of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 978th most imported product in Spain. Spain imports Hydraulic Turbines primarily from: Italy ($2.07M), Croatia ($1.95M), Germany ($1.21M), United Kingdom ($865k), and China ($857k).

The fastest growing import markets in Hydraulic Turbines for Spain between 2021 and 2022 were Croatia ($1.95M), Italy ($1.21M), and Vietnam ($639k).

COMPANIES In 2023, leading companies such as Vestas (123) were at the forefront of shipping Hydraulic Turbines from Spain to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Spain's Hydraulic Turbines exports accounted up to €2.13M and imports accounted up to €452k, resulting in a positive trade balance of €1.68M. Between August 2023 and August 2024 the exports of Spain's   Hydraulic Turbines have increased by €767k (56.2%) from €1.36M to €2.13M, while imports increased by €58.7k (14.9%) from €393k to €452k.

Destinations In August 2024, Hydraulic Turbines were exported mostly to Norway (€736k), Turkey (€641k), Colombia (€234k), Italy (€129k), and Panama (€76.8k), and were imported mostly from India (€252k), Czechia (€108k), Portugal (€30.9k), Turkey (€24.3k), and Italy (€18.3k).

Growth In August 2024, the increase in Hydraulic Turbines's year-by-year exports was explained primarily by an increase in exports to France (€70.7k or 27.2%), Germany (€67.8k or 504%), and United States (€59.6k or 29.6%). In August 2024, the increase in Hydraulic Turbines's year-by-year imports was explained primarily by an increase in imports from China (€157k or 827%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€767k(56.2%)
IMPORT GROWTH (August 2023 - August 2024)€58.7k(14.9%)
MAIN EXPORTER (August 2024)Guipúzcoa€2.69M
MAIN DESTINATION (August 2024)Norway€736k

This section shows Hydraulic Turbines'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 Hydraulic Turbines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$21.7M
IMPORTS (2022)$10.4M
NET TRADE (2022)$11.3M

In 2022, Spain exported $21.7M in Hydraulic Turbines. The main destinations of Spain exports on Hydraulic Turbines were France ($3.31M), Norway ($2.96M), United States ($2M), Switzerland ($1.5M), and Angola ($1.48M).

In 2022, Spain imported $10.4M in Hydraulic Turbines, mainly from Italy ($2.07M), Croatia ($1.95M), Germany ($1.21M), United Kingdom ($865k), and China ($857k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydraulic Turbines EXPORT MARKETS FOR Spain WERE (2021 - 2022):
France$1.24M (59.9%)
Ecuador$1.09M (1.51k%)
United States$906k (83.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydraulic Turbines BY Spain WERE (2021 - 2022):
Austria-$2.53M (-65.5%)
Colombia-$1.85M (-81.1%)
Russia-$1.23M (-74.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Hydraulic Turbines were:
China $225M
Austria $127M
Germany $88.9M
In 2022, Spain's main importing competitors in Hydraulic Turbines were:
Russia $65.9M
United States $58.5M
Vietnam $53.8M

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Trade Value of Hydraulic Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $467k
TOP IMPORT POTENTIALChina+ $563k

Hydraulic Turbines’s highest export potential is United States. With an export gap of $467k.   Hydraulic Turbines’s highest import potential is China with an import gap of $563k.

See methodology.

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