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2022
Exports $66.7MWorld Rnk 11 / 161
Flag Rnk 581 / 1214
2022
Destination $3.75M China
2021 - 2022
FASTEST GROWING MARKET $3.75MItaly
2022
PRODUCT COMPLEXITY IN Metal Finishing Machines1.51Rnk 48 / 1025
2022
Imports $39.5MWorld Rnk 24 / 210
Flag Rnk 724 / 1214
2022
Origin $4.41M Germany
2021 - 2022
FASTEST GROWING ORIGIN $4.41MGermany
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $66.7M in Metal Finishing Machines, making it the 11th largest exporter of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 581st most exported product in Spain. The main destination of Metal Finishing Machines exports from Spain are: China ($15.2M), Germany ($9.12M), United States ($8.47M), Italy ($5.33M), and France ($4.99M).

The fastest growing export markets for Metal Finishing Machines of Spain between 2021 and 2022 were Italy ($3.75M), Czechia ($2.19M), and Hong Kong ($2.16M).

Imports In 2022, Spain imported $39.5M in Metal Finishing Machines, becoming the 24th largest importer of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 724th most imported product in Spain. Spain imports Metal Finishing Machines primarily from: Germany ($13.5M), China ($6.35M), Italy ($5.62M), Switzerland ($5.43M), and Chinese Taipei ($1.43M).

The fastest growing import markets in Metal Finishing Machines for Spain between 2021 and 2022 were Germany ($4.41M), Switzerland ($2.84M), and Italy ($2.05M).

Latest Trends

August 2024

About

Overview In August 2024 Spain's Metal Finishing Machines exports accounted up to €12.1M and imports accounted up to €507k, resulting in a positive trade balance of €11.6M. Between August 2023 and August 2024 the exports of Spain's   Metal Finishing Machines have increased by €283k (2.39%) from €11.8M to €12.1M, while imports decreased by €-559k (-52.5%) from €1.07M to €507k.

Destinations In August 2024, Metal Finishing Machines were exported mostly to China (€9.86M), United States (€769k), Italy (€732k), France (€267k), and Germany (€248k), and were imported mostly from China (€133k), Chinese Taipei (€127k), Germany (€104k), Italy (€66.6k), and United States (€43.7k).

Growth In August 2024, the increase in Metal Finishing Machines's year-by-year exports was explained primarily by an increase in exports to India (€182k or 1.64k%), Poland (€43.9k or 374%), and Czechia (€12.5k or 178%). In August 2024, the decrease in Metal Finishing Machines's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei (€-99.4k or -98.5%), Turkey (€-41.9k or -92.1%), and Portugal (€-37.3k or -81.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€283k(2.39%)
IMPORT GROWTH (August 2023 - August 2024)€-559k(-52.5%)
MAIN EXPORTER (August 2024)Guipúzcoa€15.5M
MAIN DESTINATION (August 2024)China€9.86M

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

Trade Balance

Color
EXPORTS (2022)$66.7M
IMPORTS (2022)$39.5M
NET TRADE (2022)$27.2M

In 2022, Spain exported $66.7M in Metal Finishing Machines. The main destinations of Spain exports on Metal Finishing Machines were China ($15.2M), Germany ($9.12M), United States ($8.47M), Italy ($5.33M), and France ($4.99M).

In 2022, Spain imported $39.5M in Metal Finishing Machines, mainly from Germany ($13.5M), China ($6.35M), Italy ($5.62M), Switzerland ($5.43M), and Chinese Taipei ($1.43M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Finishing Machines EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Italy$3.75M (236%)
Czechia$2.19M (837%)
Hong Kong$2.16M (413k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Finishing Machines BY Spain WERE (2021 - 2022):
China-$9.93M (-39.5%)
Canada-$5.19M (-98%)
India-$4.77M (-81.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Metal Finishing Machines were:
Germany $779M
Switzerland $601M
Japan $534M
In 2022, Spain's main importing competitors in Metal Finishing Machines were:
China $836M
United States $544M
Germany $295M

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Trade Value of Metal Finishing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.5M
TOP IMPORT POTENTIALChina+ $1.54M

Metal Finishing Machines’s highest export potential is China. With an export gap of $3.5M.   Metal Finishing Machines’s highest import potential is China with an import gap of $1.54M.

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