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2022
Exports $98.5MWorld Rnk 14 / 93
Flag Rnk 480 / 1214
2022
Destination $10.7M Germany
2021 - 2022
FASTEST GROWING MARKET $10.7MHungary
2022
PRODUCT COMPLEXITY IN Metalworking Transfer Machines2.21Rnk 2 / 1025
2022
Imports $142MWorld Rnk 18 / 169
Flag Rnk 449 / 1214
2022
Origin $15.4M Germany
2021 - 2022
FASTEST GROWING ORIGIN $15.4MGermany
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $98.5M in Metalworking Transfer Machines, making it the 14th largest exporter of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 480th most exported product in Spain. The main destination of Metalworking Transfer Machines exports from Spain are: Germany ($15.4M), Italy ($12.1M), Hungary ($11.3M), United States ($8.78M), and United Kingdom ($5.57M).

The fastest growing export markets for Metalworking Transfer Machines of Spain between 2021 and 2022 were Hungary ($10.7M), Italy ($8.69M), and France ($3.62M).

Imports In 2022, Spain imported $142M in Metalworking Transfer Machines, becoming the 18th largest importer of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 449th most imported product in Spain. Spain imports Metalworking Transfer Machines primarily from: Germany ($49M), Italy ($29.4M), Chinese Taipei ($15.1M), Japan ($13.1M), and South Korea ($6.12M).

The fastest growing import markets in Metalworking Transfer Machines for Spain between 2021 and 2022 were Germany ($15.4M), Chinese Taipei ($6.75M), and Japan ($5.63M).

COMPANIES In 2023, leading companies such as Porven (9) and Volkswagen (3) were at the forefront of shipping Metalworking Transfer Machines from Spain to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Spain's Metalworking Transfer Machines exports accounted up to €10.8M and imports accounted up to €7M, resulting in a positive trade balance of €3.75M. Between August 2023 and August 2024 the exports of Spain's   Metalworking Transfer Machines have increased by €7.69M (252%) from €3.06M to €10.8M, while imports increased by €927k (15.2%) from €6.08M to €7M.

Destinations In August 2024, Metalworking Transfer Machines were exported mostly to United States (€4.81M), Turkey (€1.73M), Denmark (€1.05M), India (€865k), and Morocco (€815k), and were imported mostly from Japan (€2.4M), South Korea (€1.54M), Germany (€1.09M), Switzerland (€965k), and Chinese Taipei (€590k).

Growth In August 2024, the increase in Metalworking Transfer Machines's year-by-year exports was explained primarily by an increase in exports to Portugal (€201k or 34.5%). In August 2024, the increase in Metalworking Transfer Machines's year-by-year imports was explained primarily by an increase in imports from Japan (€641k or 83.4%), China (€616k or 693%), and Italy (€195k or 35.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€7.69M(252%)
IMPORT GROWTH (August 2023 - August 2024)€927k(15.2%)
MAIN EXPORTER (August 2024)Vizcaya€24.4M
MAIN DESTINATION (August 2024)United States€4.81M

This section shows Metalworking Transfer 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 Metalworking Transfer Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$98.5M
IMPORTS (2022)$142M
NET TRADE (2022)-$43.1M

In 2022, Spain exported $98.5M in Metalworking Transfer Machines. The main destinations of Spain exports on Metalworking Transfer Machines were Germany ($15.4M), Italy ($12.1M), Hungary ($11.3M), United States ($8.78M), and United Kingdom ($5.57M).

In 2022, Spain imported $142M in Metalworking Transfer Machines, mainly from Germany ($49M), Italy ($29.4M), Chinese Taipei ($15.1M), Japan ($13.1M), and South Korea ($6.12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Transfer Machines EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Hungary$10.7M (2.06k%)
Italy$8.69M (256%)
France$3.62M (249%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Transfer Machines BY Spain WERE (2021 - 2022):
China-$14.2M (-79%)
Mexico-$13.8M (-96.2%)
United States-$6.53M (-42.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Metalworking Transfer Machines were:
Japan $2.84B
Germany $1.79B
Chinese Taipei $1.13B
In 2022, Spain's main importing competitors in Metalworking Transfer Machines were:
China $1.85B
United States $1.5B
Germany $559M

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Trade Value of Metalworking Transfer Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.7M
TOP IMPORT POTENTIALJapan+ $5.22M

Metalworking Transfer Machines’s highest export potential is China. With an export gap of $5.7M.   Metalworking Transfer Machines’s highest import potential is Japan with an import gap of $5.22M.

See methodology.

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