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2022
Exports $4.69MWorld Rnk 29 / 97
Flag Rnk 1015 / 1214
2022
Destination $1.54M United Kingdom
2021 - 2022
FASTEST GROWING MARKET $1.54MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Nickel Bars1.16Rnk 113 / 1025
2022
Imports $40.7MWorld Rnk 19 / 170
Flag Rnk 719 / 1214
2022
Origin $10.2M Japan
2021 - 2022
FASTEST GROWING ORIGIN $10.2MJapan
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $4.69M in Nickel Bars, making it the 29th largest exporter of Nickel Bars in the world. At the same year, Nickel Bars was the 1015th most exported product in Spain. The main destination of Nickel Bars exports from Spain are: United Kingdom ($2.33M), Portugal ($440k), China ($427k), Italy ($410k), and France ($288k).

The fastest growing export markets for Nickel Bars of Spain between 2021 and 2022 were United Kingdom ($1.54M), Italy ($248k), and United States ($64.5k).

Imports In 2022, Spain imported $40.7M in Nickel Bars, becoming the 19th largest importer of Nickel Bars in the world. At the same year, Nickel Bars was the 719th most imported product in Spain. Spain imports Nickel Bars primarily from: Japan ($14.2M), United States ($6.62M), Germany ($5.66M), United Kingdom ($4.65M), and Israel ($2.87M).

The fastest growing import markets in Nickel Bars for Spain between 2021 and 2022 were Japan ($10.2M), United Kingdom ($761k), and Germany ($540k).

Latest Trends

August 2024

About

Overview In August 2024 Spain's Nickel Bars exports accounted up to €615k and imports accounted up to €3.07M, resulting in a negative trade balance of €2.46M. Between August 2023 and August 2024 the exports of Spain's   Nickel Bars have increased by €565k (1.12k%) from €50.3k to €615k, while imports decreased by €-807k (-20.8%) from €3.88M to €3.07M.

Destinations In August 2024, Nickel Bars were exported mostly to Austria (€358k), Saudi Arabia (€92.9k), United Kingdom (€92.1k), Portugal (€24.2k), and France (€22.3k), and were imported mostly from United States (€848k), Japan (€765k), China (€447k), Germany (€438k), and United Kingdom (€185k).

Growth In August 2024, the increase in Nickel Bars's year-by-year exports was explained primarily by an increase in exports to Italy (€102k or 1.13k%), France (€19.9k or 906%), and Portugal (€19.6k or 295%). In August 2024, the decrease in Nickel Bars's year-by-year imports was explained primarily by a decrease in imports from Italy (€-557k or -88.1%), Germany (€-189k or -32.5%), and Serbia (€-126k or -76.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€565k(1.12k%)
IMPORT GROWTH (August 2023 - August 2024)€-807k(-20.8%)
MAIN EXPORTER (August 2024)Álava€362k
MAIN DESTINATION (August 2024)Austria€358k

This section shows Nickel Bars'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 Nickel Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.69M
IMPORTS (2022)$40.7M
NET TRADE (2022)-$36M

In 2022, Spain exported $4.69M in Nickel Bars. The main destinations of Spain exports on Nickel Bars were United Kingdom ($2.33M), Portugal ($440k), China ($427k), Italy ($410k), and France ($288k).

In 2022, Spain imported $40.7M in Nickel Bars, mainly from Japan ($14.2M), United States ($6.62M), Germany ($5.66M), United Kingdom ($4.65M), and Israel ($2.87M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Bars EXPORT MARKETS FOR Spain WERE (2021 - 2022):
United Kingdom$1.54M (195%)
Italy$248k (153%)
United States$64.5k (37.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Bars BY Spain WERE (2021 - 2022):
Portugal-$312k (-41.5%)
Japan-$286k (-66.1%)
Netherlands-$164k (-81.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Nickel Bars were:
United States $976M
Germany $530M
France $397M
In 2022, Spain's main importing competitors in Nickel Bars were:
United States $540M
Germany $390M
China $337M

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Trade Value of Nickel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $417k
TOP IMPORT POTENTIALGermany+ $1.62M

Nickel Bars’s highest export potential is China. With an export gap of $417k.   Nickel Bars’s highest import potential is Germany with an import gap of $1.62M.

See methodology.

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