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2022
Exports $95.8MWorld Rnk 11 / 188
Flag Rnk 485 / 1214
2022
Destination $15.7M Norway
2021 - 2022
FASTEST GROWING MARKET $15.7MMauritania
2022
PRODUCT COMPLEXITY IN Iron Chains1.44Rnk 65 / 1025
2022
Imports $133MWorld Rnk 15 / 222
Flag Rnk 456 / 1214
2022
Origin $21.6M China
2021 - 2022
FASTEST GROWING ORIGIN $21.6MBrazil
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $95.8M in Iron Chains, making it the 11th largest exporter of Iron Chains in the world. At the same year, Iron Chains was the 485th most exported product in Spain. The main destination of Iron Chains exports from Spain are: Norway ($31.7M), Mauritania ($15.7M), France ($11.7M), Portugal ($5.94M), and Brazil ($5.35M).

The fastest growing export markets for Iron Chains of Spain between 2021 and 2022 were Mauritania ($15.7M), Norway ($2.94M), and France ($2.21M).

Imports In 2022, Spain imported $133M in Iron Chains, becoming the 15th largest importer of Iron Chains in the world. At the same year, Iron Chains was the 456th most imported product in Spain. Spain imports Iron Chains primarily from: China ($38.8M), Brazil ($21.6M), Germany ($19.6M), Italy ($11.8M), and France ($8.07M).

The fastest growing import markets in Iron Chains for Spain between 2021 and 2022 were Brazil ($21.6M), China ($8.61M), and Germany ($3.97M).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Iron Chains exports accounted up to €12.5M and imports accounted up to €7.02M, resulting in a positive trade balance of €5.51M. Between June 2023 and June 2024 the exports of Spain's   Iron Chains have decreased by €-5.55M (-30.7%) from €18.1M to €12.5M, while imports decreased by €-624k (-8.15%) from €7.65M to €7.02M.

Destinations In June 2024, Iron Chains were exported mostly to Cote d'Ivoire (€8.03M), Norway (€786k), France (€747k), Portugal (€548k), and Chile (€443k), and were imported mostly from China (€2.05M), Italy (€1.08M), France (€1.01M), Germany (€841k), and Netherlands (€397k).

Growth In June 2024, the decrease in Iron Chains's year-by-year exports was explained primarily by a decrease in exports to France (€-518k or -43.2%), Portugal (€-115k or -24.5%), and Ecuador (€-52.3k or -98.1%). In June 2024, the decrease in Iron Chains's year-by-year imports was explained primarily by a decrease in imports from China (€-547k or -21.5%), Turkey (€-112k or -90.3%), and Netherlands (€-104k or -23.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-5.55M(-30.7%)
IMPORT GROWTH (June 2023 - June 2024)€-624k(-8.15%)
MAIN EXPORTER (June 2024)Vizcaya€9.33M
MAIN DESTINATION (June 2024)Cote d'Ivoire€8.03M

This section shows Iron Chains'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 Iron Chains over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$95.8M
IMPORTS (2022)$133M
NET TRADE (2022)-$37.4M

In 2022, Spain exported $95.8M in Iron Chains. The main destinations of Spain exports on Iron Chains were Norway ($31.7M), Mauritania ($15.7M), France ($11.7M), Portugal ($5.94M), and Brazil ($5.35M).

In 2022, Spain imported $133M in Iron Chains, mainly from China ($38.8M), Brazil ($21.6M), Germany ($19.6M), Italy ($11.8M), and France ($8.07M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Chains EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Mauritania$15.7M (89.5k%)
Norway$2.94M (10.2%)
France$2.21M (23.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Chains BY Spain WERE (2021 - 2022):
Mozambique-$22.1M (-99.9%)
United States-$7.58M (-74%)
South Korea-$1.77M (-96%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Iron Chains were:
China $2.52B
Germany $905M
Japan $503M
In 2022, Spain's main importing competitors in Iron Chains were:
United States $827M
Germany $495M
Canada $260M

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Trade Value of Iron Chains by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $4.25M
TOP IMPORT POTENTIALChina+ $7.77M

Iron Chains’s highest export potential is France. With an export gap of $4.25M.   Iron Chains’s highest import potential is China with an import gap of $7.77M.

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