HS Icon Metal Finishing Machines in  Flag Spain

2019
Exports | Imports
: $94.4M | $55.2M, World Rnk 12 / 151
Flag Rnk 463 / 1213 | World Rnk 23 / 208
Flag Rnk 609 / 1214

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $6.01M | $3.73M, China |  Italy

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

2019
PRODUCT COMPLEXITY  IN Metal Finishing Machines
: 1.68, Rnk 28 / 1029

Exports In 2019, Spain exported $94.4M in Metal Finishing Machines, making it the 12th largest exporter of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 463rd most exported product in Spain. The main destination of Metal Finishing Machines exports from Spain are: China ($19.2M), Germany ($16.5M), United States ($14.6M), France ($10.4M), and India ($4.89M).

The fastest growing export markets for Metal Finishing Machines of Spain between 2018 and 2019 were China ($6.01M), Hungary ($3.79M), and India ($3.71M).

Imports In 2019, Spain imported $55.2M in Metal Finishing Machines, becoming the 23rd largest importer of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 609th most imported product in Spain. Spain imports Metal Finishing Machines primarily from: Germany ($18.7M), Italy ($9.03M), Switzerland ($7.18M), France ($4.92M), and China ($4.1M).

The fastest growing import markets in Metal Finishing Machines for Spain between 2018 and 2019 were Italy ($3.73M), Switzerland ($3.48M), and Czechia ($865k).

Tariffs In 2017, the average tariff for Spain in Metal Finishing Machines was 0.55%. The countries with the highest import tariffs for Metal Finishing Machines were Western Sahara (Most Favoured Nation duty rate treatement, 1.87%), Gabon (Most Favoured Nation duty rate treatement, 1.87%), Libya (Most Favoured Nation duty rate treatement, 1.87%), Mayotte (Most Favoured Nation duty rate treatement, 1.87%), and Reunion (Most Favoured Nation duty rate treatement, 1.87%).

May 2021

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (May 2020 - May 2021): €1.66M, (46.6%)

IMPORT GROWTH (May 2020 - May 2021): €-300k, (-33.7%)

MAIN EXPORTER (May 2021): Guipúzcoa, €4.58M

MAIN DESTINATION (May 2021): United Kingdom, €1.24M

This section shows Metal Finishing Machines'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 Metal Finishing Machines over time.

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Historical Data

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EXPORTS (2019): $94.4M

IMPORTS (2019): $55.2M

NET TRADE (2019): $39.2M

In 2019, Spain exported $94.4M in Metal Finishing Machines. The main destinations of Spain exports on Metal Finishing Machines were China ($19.2M), Germany ($16.5M), United States ($14.6M), France ($10.4M), and India ($4.89M).

In 2019, Spain imported $55.2M in Metal Finishing Machines, mainly from Germany ($18.7M), Italy ($9.03M), Switzerland ($7.18M), France ($4.92M), and China ($4.1M).

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IN 2019, Spain HAD A POSITIVE NET TRADE IN Metal Finishing Machines WITH:

IN 2019, Spain HAD A NEGATIVE NET TRADE IN Metal Finishing Machines WITH:

Flow

THE FASTEST GROWING Metal Finishing Machines EXPORT MARKETS FOR Spain WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Finishing Machines BY Spain WERE (2018 - 2019):

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Market Concentration

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Type

In 2019, Spain's main exporting competitors in Metal Finishing Machines were:

In 2019, Spain's main importing competitors in Metal Finishing Machines were:

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Tariffs by Country

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In 2017, the average tariff for Spain in Metal Finishing Machines was 0.55%.

The countries with the highest tariffs for Metal Finishing Machines in Spain were Western Sahara (Most Favoured Nation duty rate treatement, 1.87%), Gabon (Most Favoured Nation duty rate treatement, 1.87%), Libya (Most Favoured Nation duty rate treatement, 1.87%), Mayotte (Most Favoured Nation duty rate treatement, 1.87%), and Reunion (Most Favoured Nation duty rate treatement, 1.87%).