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Exports In 2022, Spain exported $3.19M in Nitric Acids, making it the 23rd largest exporter of Nitric Acids in the world. At the same year, Nitric Acids was the 1054th most exported product in Spain. The main destination of Nitric Acids exports from Spain are: Portugal ($1.77M), France ($395k), Algeria ($380k), Italy ($187k), and Morocco ($72.4k).

The fastest growing export markets for Nitric Acids of Spain between 2021 and 2022 were Portugal ($1.26M), France ($306k), and Italy ($171k).

Imports In 2022, Spain imported $19.4M in Nitric Acids, becoming the 7th largest importer of Nitric Acids in the world. At the same year, Nitric Acids was the 852nd most imported product in Spain. Spain imports Nitric Acids primarily from: Portugal ($11.1M), Belgium ($3.76M), France ($1.94M), Poland ($1.09M), and Germany ($1.04M).

The fastest growing import markets in Nitric Acids for Spain between 2021 and 2022 were Portugal ($5.49M), Belgium ($1.04M), and Poland ($633k).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€112k(126%)
IMPORT GROWTH (June 2023 - June 2024)€111k(8.05%)
MAIN EXPORTER (June 2024)Pontevedra€120k
MAIN DESTINATION (June 2024)Portugal€174k

This section shows Nitric Acids'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 Nitric Acids over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.19M
IMPORTS (2022)$19.4M
NET TRADE (2022)-$16.2M

In 2022, Spain exported $3.19M in Nitric Acids. The main destinations of Spain exports on Nitric Acids were Portugal ($1.77M), France ($395k), Algeria ($380k), Italy ($187k), and Morocco ($72.4k).

In 2022, Spain imported $19.4M in Nitric Acids, mainly from Portugal ($11.1M), Belgium ($3.76M), France ($1.94M), Poland ($1.09M), and Germany ($1.04M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitric Acids EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Portugal$1.26M (250%)
France$306k (346%)
Italy$171k (1.09k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitric Acids BY Spain WERE (2021 - 2022):
Algeria-$255k (-40.2%)
Cuba-$123k (-94.4%)
Turkey-$26.1k (-47.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Nitric Acids were:
In 2022, Spain's main importing competitors in Nitric Acids were:
Germany $83.3M
France $64.3M
Japan $47.6M

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Trade Value of Nitric Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $293k
TOP IMPORT POTENTIALGermany+ $496k

Nitric Acids’s highest export potential is France. With an export gap of $293k.   Nitric Acids’s highest import potential is Germany with an import gap of $496k.

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