2023
Exports
$13.1BWorld Rnk 12 / 226
Flag Rnk 4 / 1215
2023
PRODUCT COMPLEXITY IN Motor vehicles; parts and accessories (8701 to 8705)
1.12Rnk 138 / 1025
2023
Imports
$15.5BWorld Rnk 7 / 226
Flag Rnk 4 / 1214

About

Exports In 2023, Spain exported $13.1B in Motor vehicles; parts and accessories (8701 to 8705), making it the 12th largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 4th most exported product in Spain. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Spain are: Germany ($2.9B), France ($1.97B), Portugal ($1.35B), Morocco ($697M), and Poland ($692M).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Spain between 2022 and 2023 were Germany ($753M), Morocco ($214M), and Portugal ($201M).

Imports In 2023, Spain imported $15.5B in Motor vehicles; parts and accessories (8701 to 8705), becoming the 7th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 4th most imported product in Spain. Spain imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: Germany ($3.67B), France ($2.95B), Italy ($1.28B), Portugal ($1.23B), and Poland ($915M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Spain between 2022 and 2023 were Germany ($674M), Portugal ($379M), and Italy ($293M).

COMPANIES In 2024, leading companies such as ZF Friedrichshafen (91), Nissan (87), and Ford Motor Company (59) were at the forefront of shipping Motor vehicles; parts and accessories (8701 to 8705) from Spain to the United States.

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Motor vehicles; parts and accessories (8701 to 8705). 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

Trade Balance

Color
EXPORTS (2023)$13.1B
IMPORTS (2023)$15.5B
NET TRADE (2023)-$2.41B

In 2023, Spain exported $13.1B in Motor vehicles; parts and accessories (8701 to 8705). The main destinations of Spain exports on Motor vehicles; parts and accessories (8701 to 8705) were Germany ($2.9B), France ($1.97B), Portugal ($1.35B), Morocco ($697M), and Poland ($692M).

In 2023, Spain imported $15.5B in Motor vehicles; parts and accessories (8701 to 8705), mainly from Germany ($3.67B), France ($2.95B), Italy ($1.28B), Portugal ($1.23B), and Poland ($915M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR Spain WERE (2022 - 2023):
Germany$753M (35%)
Morocco$214M (44.3%)
Portugal$201M (17.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY Spain WERE (2022 - 2023):
China-$55.1M (-15.5%)
India-$16.1M (-22.7%)
Russia-$13.5M (-47.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Spain's main exporting competitors in Motor vehicles; parts and accessories (8701 to 8705) were:
Germany $69.4B
China $49.1B
Mexico $41.1B
In 2023, Spain's main importing competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

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Trade Value of Motor vehicles; parts and accessories (8701 to 8705) by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $510M
TOP IMPORT POTENTIALChina+ $401M

Motor vehicles; parts and accessories (8701 to 8705)’s highest export potential is France. With an export gap of $510M.   Motor vehicles; parts and accessories (8701 to 8705)’s highest import potential is China with an import gap of $401M.

See methodology.

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