HS Icon Metal Lathes in  Flag Spain

2020
Exports | Imports
: $121M | $45.1M, World Rnk 9 / 117
Flag Rnk 392 / 1213 | World Rnk 26 / 190
Flag Rnk 623 / 1213

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $6.63M | $379k, United States |  Malaysia


ECONOMIC COMPLEXITY of Spain
: 0.76, Rnk 34 / 127


PRODUCT COMPLEXITY  IN Metal Lathes
: 1.73, Rnk 24 / 1028

Exports In 2020, Spain exported $121M in Metal Lathes, making it the 9th largest exporter of Metal Lathes in the world. At the same year, Metal Lathes was the 392nd most exported product in Spain. The main destination of Metal Lathes exports from Spain are: France ($15.6M), Germany ($15.2M), Italy ($13.8M), United States ($10.8M), and Portugal ($8.32M).

The fastest growing export markets for Metal Lathes of Spain between 2019 and 2020 were United States ($6.63M), Germany ($5.5M), and Uzbekistan ($2.9M).

Imports In 2020, Spain imported $45.1M in Metal Lathes, becoming the 26th largest importer of Metal Lathes in the world. At the same year, Metal Lathes was the 623rd most imported product in Spain. Spain imports Metal Lathes primarily from: Japan ($9.63M), Germany ($8.6M), Italy ($5.29M), South Korea ($3.44M), and India ($2.61M).

The fastest growing import markets in Metal Lathes for Spain between 2019 and 2020 were Malaysia ($379k), Brazil ($316k), and Netherlands ($199k).

Tariffs In 2019, the average tariff for Spain in Metal Lathes was 0.99%. The countries with the highest import tariffs for Metal Lathes were Republic of the Congo (Most Favoured Nation duty rate treatement, 2.7%), 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%), and Mayotte (Most Favoured Nation duty rate treatement, 2.7%).

November 2021

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (November 2020 - November 2021): €373k, (2.89%)

IMPORT GROWTH (November 2020 - November 2021): €942k, (20%)

MAIN EXPORTER (November 2021): Guipúzcoa, €6.42M

MAIN DESTINATION (November 2021): Saudi Arabia, €2.83M

This section shows Metal Lathes'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 Lathes over time.

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Historical Data

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EXPORTS (2020): $121M

IMPORTS (2020): $45.1M

NET TRADE (2020): $75.7M

In 2020, Spain exported $121M in Metal Lathes. The main destinations of Spain exports on Metal Lathes were France ($15.6M), Germany ($15.2M), Italy ($13.8M), United States ($10.8M), and Portugal ($8.32M).

In 2020, Spain imported $45.1M in Metal Lathes, mainly from Japan ($9.63M), Germany ($8.6M), Italy ($5.29M), South Korea ($3.44M), and India ($2.61M).

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IN 2020, Spain HAD A POSITIVE NET TRADE IN Metal Lathes WITH:

IN 2020, Spain HAD A NEGATIVE NET TRADE IN Metal Lathes WITH:

Flow

THE FASTEST GROWING Metal Lathes EXPORT MARKETS FOR Spain WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Lathes BY Spain WERE (2019 - 2020):

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Market Concentration

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

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

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Tariffs by Country

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In 2019, the average tariff for Spain in Metal Lathes was 0.99%.

The countries with the highest tariffs for Metal Lathes in Spain were Republic of the Congo (Most Favoured Nation duty rate treatement, 2.7%), 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%), and Mayotte (Most Favoured Nation duty rate treatement, 2.7%).