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

2020
ECONOMIC COMPLEXITY of Spain
: 0.76, Rnk 34 / 127

2020
PRODUCT COMPLEXITY  IN Metal Lathes
: 1.68, Rnk 26 / 1029

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%).

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Subnational Monthly Trade

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Y-AXIS SCALE

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The following visualization shows the latest trends on Metal Lathes. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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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 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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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 2020, Spain's main exporting competitors in Metal Lathes were:

In 2020, Spain's main importing competitors in Metal Lathes were:

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