Metal Lathes in Spain 2020 Exports | Imports : $121M | $45.1M, World Rnk 9 / 117 Rnk 392 / 1213 | World Rnk 26 / 190 Rnk 623 / 1213
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $6.63M | $379k, United States | Malaysia
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
Overview In November 2021 Spain's Metal Lathes exports accounted up to €13.3M and imports accounted up to €5.66M, resulting in a positive trade balance of €7.61M. Between November 2020 and November 2021 the exports of Spain's Metal Lathes have increased by €373k (2.89%) from €12.9M to €13.3M, while imports increased by €942k (20%) from €4.71M to €5.66M.
Destinations In November 2021, Metal Lathes were exported mostly to Saudi Arabia (€2.83M), Turkey (€2.32M), Italy (€2.3M), Portugal (€1.03M), and France (€868k), and were imported mostly from Germany (€2.08M), Japan (€825k), United Kingdom (€508k), Belgium (€467k), and Austria (€289k).
Growth In November 2021, the increase in Metal Lathes's year-by-year exports was explained primarily by an increase in exports to Mexico (€976k or 157%), France (€915k or 81.1%), and Germany (€588k or 2.64k%). In November 2021, the increase in Metal Lathes's year-by-year imports was explained primarily by an increase in imports from Italy (€415k or 94.1%), United Kingdom (€47.4k or 9.34%), and Belgium (€19.5k or 6.88%).
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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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).
IN 2020, Spain HAD A POSITIVE NET TRADE IN Metal Lathes WITH:
IN 2020, Spain HAD A NEGATIVE NET TRADE IN Metal Lathes WITH:
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):
In 2019, Spain's main exporting competitors in Metal Lathes were:
In 2019, Spain's main importing competitors in Metal Lathes were:
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%).
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