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2022
Exports $186MWorld Rnk 10 / 124
Flag Rnk 358 / 1214
2022
Destination $4.83M France
2021 - 2022
FASTEST GROWING MARKET $4.83MItaly
2022
PRODUCT COMPLEXITY IN Large Flat-Rolled Iron0.61Rnk 318 / 1025
2022
Imports $157MWorld Rnk 13 / 201
Flag Rnk 431 / 1214
2022
Origin $42.2M Germany
2021 - 2022
FASTEST GROWING ORIGIN $42.2MGermany
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $186M in Large Flat-Rolled Iron, making it the 10th largest exporter of Large Flat-Rolled Iron in the world. At the same year, Large Flat-Rolled Iron was the 358th most exported product in Spain. The main destination of Large Flat-Rolled Iron exports from Spain are: France ($58.2M), Germany ($40.5M), Italy ($19.4M), Portugal ($18.4M), and Mexico ($7.89M).

The fastest growing export markets for Large Flat-Rolled Iron of Spain between 2021 and 2022 were Italy ($4.83M), Germany ($2.95M), and Portugal ($1.63M).

Imports In 2022, Spain imported $157M in Large Flat-Rolled Iron, becoming the 13th largest importer of Large Flat-Rolled Iron in the world. At the same year, Large Flat-Rolled Iron was the 431st most imported product in Spain. Spain imports Large Flat-Rolled Iron primarily from: Germany ($77.5M), Italy ($31M), Portugal ($25.7M), Turkey ($6.09M), and France ($3.29M).

The fastest growing import markets in Large Flat-Rolled Iron for Spain between 2021 and 2022 were Germany ($42.2M), Portugal ($9.28M), and Turkey ($2.08M).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Large Flat-Rolled Iron exports accounted up to €12.2M and imports accounted up to €10.3M, resulting in a positive trade balance of €1.86M. Between June 2023 and June 2024 the exports of Spain's   Large Flat-Rolled Iron have decreased by €-1.06M (-7.98%) from €13.3M to €12.2M, while imports increased by €1.92M (22.8%) from €8.42M to €10.3M.

Destinations In June 2024, Large Flat-Rolled Iron were exported mostly to France (€3.9M), Germany (€2.51M), Portugal (€2.13M), Italy (€1.23M), and Mexico (€454k), and were imported mostly from Germany (€5.22M), Italy (€1.68M), Portugal (€1.27M), France (€1.04M), and Finland (€345k).

Growth In June 2024, the decrease in Large Flat-Rolled Iron's year-by-year exports was explained primarily by a decrease in exports to Italy (€-1.55M or -54.5%), United Kingdom (€-265k or -59%), and Switzerland (€-210k or -54.5%). In June 2024, the increase in Large Flat-Rolled Iron's year-by-year imports was explained primarily by an increase in imports from Germany (€819k or 38.2%), Italy (€200k or 11.1%), and Poland (€71.6k or 312%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-1.06M(-7.98%)
IMPORT GROWTH (June 2023 - June 2024)€1.92M(22.8%)
MAIN EXPORTER (June 2024)Vizcaya€10.2M
MAIN DESTINATION (June 2024)France€3.9M

This section shows Large Flat-Rolled Iron'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 Large Flat-Rolled Iron over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$186M
IMPORTS (2022)$157M
NET TRADE (2022)$28.4M

In 2022, Spain exported $186M in Large Flat-Rolled Iron. The main destinations of Spain exports on Large Flat-Rolled Iron were France ($58.2M), Germany ($40.5M), Italy ($19.4M), Portugal ($18.4M), and Mexico ($7.89M).

In 2022, Spain imported $157M in Large Flat-Rolled Iron, mainly from Germany ($77.5M), Italy ($31M), Portugal ($25.7M), Turkey ($6.09M), and France ($3.29M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Flat-Rolled Iron EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Italy$4.83M (33.2%)
Germany$2.95M (7.84%)
Portugal$1.63M (9.68%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Flat-Rolled Iron BY Spain WERE (2021 - 2022):
Brazil-$1.57M (-29.2%)
Morocco-$1.28M (-31.7%)
Egypt-$859k (-65.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Large Flat-Rolled Iron were:
Germany $1.46B
Italy $674M
China $504M
In 2022, Spain's main importing competitors in Large Flat-Rolled Iron were:
Germany $640M
France $459M
United States $418M

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Trade Value of Large Flat-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $2.76M
TOP IMPORT POTENTIALFrance+ $3.16M

Large Flat-Rolled Iron’s highest export potential is Poland. With an export gap of $2.76M.   Large Flat-Rolled Iron’s highest import potential is France with an import gap of $3.16M.

See methodology.

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