HS Icon Interchangeable Tool Parts in  Flag Spain

2019
Exports | Imports
: $475M | $445M, World Rnk 10 / 207
Flag Rnk 154 / 1213 | World Rnk 15 / 221
Flag Rnk 173 / 1214

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $9.96M | $7.23M, Russia |  Turkey

2019
ECONOMIC COMPLEXITY of Spain
: 0.85, Rnk 33 / 147

2019
PRODUCT COMPLEXITY  IN Interchangeable Tool Parts
: 1.78, Rnk 21 / 1029

Exports In 2019, Spain exported $475M in Interchangeable Tool Parts, making it the 10th largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 154th most exported product in Spain. The main destination of Interchangeable Tool Parts exports from Spain are: Germany ($123M), France ($35.8M), Portugal ($30M), United States ($28.7M), and China ($23.3M).

The fastest growing export markets for Interchangeable Tool Parts of Spain between 2018 and 2019 were Russia ($9.96M), Poland ($7.22M), and Italy ($5.65M).

Imports In 2019, Spain imported $445M in Interchangeable Tool Parts, becoming the 15th largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 173rd most imported product in Spain. Spain imports Interchangeable Tool Parts primarily from: Germany ($142M), China ($69.9M), Italy ($52M), France ($23.7M), and Portugal ($23.1M).

The fastest growing import markets in Interchangeable Tool Parts for Spain between 2018 and 2019 were Turkey ($7.23M), Sweden ($2.12M), and United Kingdom ($1.18M).

Tariffs In 2017, the average tariff for Spain in Interchangeable Tool Parts was 0.8%. The countries with the highest import tariffs for Interchangeable Tool Parts were Western Sahara (Most Favoured Nation duty rate treatement, 2.7%), Gabon (Most Favoured Nation duty rate treatement, 2.7%), Libya (Most Favoured Nation duty rate treatement, 2.7%), Mayotte (Most Favoured Nation duty rate treatement, 2.7%), and Reunion (Most Favoured Nation duty rate treatement, 2.7%).

May 2021

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (May 2020 - May 2021): €-7.69M, (-17.8%)

IMPORT GROWTH (May 2020 - May 2021): €6.62M, (37.4%)

MAIN EXPORTER (May 2021): Barcelona, €17.1M

This section shows Interchangeable Tool Parts'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 Interchangeable Tool Parts over time.

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Historical Data

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EXPORTS (2019): $475M

IMPORTS (2019): $445M

NET TRADE (2019): $29.6M

In 2019, Spain exported $475M in Interchangeable Tool Parts. The main destinations of Spain exports on Interchangeable Tool Parts were Germany ($123M), France ($35.8M), Portugal ($30M), United States ($28.7M), and China ($23.3M).

In 2019, Spain imported $445M in Interchangeable Tool Parts, mainly from Germany ($142M), China ($69.9M), Italy ($52M), France ($23.7M), and Portugal ($23.1M).

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IN 2019, Spain HAD A POSITIVE NET TRADE IN Interchangeable Tool Parts WITH:

IN 2019, Spain HAD A NEGATIVE NET TRADE IN Interchangeable Tool Parts WITH:

Flow

THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Spain WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Spain WERE (2018 - 2019):

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Market Concentration

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Type

In 2019, Spain's main exporting competitors in Interchangeable Tool Parts were:

In 2019, Spain's main importing competitors in Interchangeable Tool Parts were:

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Tariffs by Country

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In 2017, the average tariff for Spain in Interchangeable Tool Parts was 0.8%.

The countries with the highest tariffs for Interchangeable Tool Parts in Spain were Western Sahara (Most Favoured Nation duty rate treatement, 2.7%), Gabon (Most Favoured Nation duty rate treatement, 2.7%), Libya (Most Favoured Nation duty rate treatement, 2.7%), Mayotte (Most Favoured Nation duty rate treatement, 2.7%), and Reunion (Most Favoured Nation duty rate treatement, 2.7%).