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2023
Exports $630MWorld Rnk 26 / 222
Flag Rnk 140 / 1215
2023
Destination $15.8M Portugal
2022 - 2023
FASTEST GROWING MARKET $15.8MFrance
2023
PRODUCT COMPLEXITY IN Office Machine Parts1.14Rnk 125 / 1025
2023
Imports $2.86BWorld Rnk 22 / 226
Flag Rnk 21 / 1214
2023
Origin $42.4M China
2022 - 2023
FASTEST GROWING ORIGIN $42.4MUnited States
2023
ECONOMIC COMPLEXITY of Spain0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $630M in Office Machine Parts, making it the 26th largest exporter of Office Machine Parts in the world. At the same year, Office Machine Parts was the 140th most exported product in Spain. The main destination of Office Machine Parts exports from Spain are: Portugal ($131M), France ($112M), Germany ($88.6M), Italy ($44.8M), and Netherlands ($44.8M).

The fastest growing export markets for Office Machine Parts of Spain between 2022 and 2023 were France ($15.8M), Netherlands ($5.54M), and Romania ($5.19M).

Imports In 2023, Spain imported $2.86B in Office Machine Parts, becoming the 22nd largest importer of Office Machine Parts in the world. At the same year, Office Machine Parts was the 21st most imported product in Spain. Spain imports Office Machine Parts primarily from: China ($788M), Germany ($495M), Netherlands ($338M), Czechia ($156M), and Thailand ($122M).

The fastest growing import markets in Office Machine Parts for Spain between 2022 and 2023 were United States ($42.4M), France ($34.7M), and Belgium ($16.5M).

Latest Trends

November 2024

About

Overview In November 2024 Spain's Office Machine Parts exports accounted up to €20.4M and imports accounted up to €64.3M, resulting in a negative trade balance of €43.9M. Between November 2023 and November 2024 the exports of Spain's   Office Machine Parts have decreased by €-7.48M (-26.8%) from €27.9M to €20.4M, while imports increased by €3.21M (5.25%) from €61.1M to €64.3M.

Destinations In November 2024, Office Machine Parts were exported mostly to Portugal (€4.91M), Germany (€2.83M), France (€2.16M), Netherlands (€1.6M), and Poland (€1.15M), and were imported mostly from Germany (€19M), China (€11.3M), Netherlands (€8.23M), Portugal (€6.13M), and United States (€2.45M).

Growth In November 2024, the decrease in Office Machine Parts's year-by-year exports was explained primarily by a decrease in exports to Germany (€-1.13M or -25.3%), Hong Kong (€-446k or -94.8%), and Ireland (€-351k or -87.9%). In November 2024, the increase in Office Machine Parts's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei (€2.26M or 122%), United States (€1.58M or 182%), and South Korea (€702k or 450%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€-7.48M(-26.8%)
IMPORT GROWTH (November 2023 - November 2024)€3.21M(5.25%)
MAIN EXPORTER (November 2024)Madrid€10.3M
MAIN DESTINATION (November 2024)Portugal€4.91M

This section shows Office Machine Parts'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 Office Machine Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$630M
IMPORTS (2023)$2.86B
NET TRADE (2023)-$2.23B

In 2023, Spain exported $630M in Office Machine Parts. The main destinations of Spain exports on Office Machine Parts were Portugal ($131M), France ($112M), Germany ($88.6M), Italy ($44.8M), and Netherlands ($44.8M).

In 2023, Spain imported $2.86B in Office Machine Parts, mainly from China ($788M), Germany ($495M), Netherlands ($338M), Czechia ($156M), and Thailand ($122M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Office Machine Parts EXPORT MARKETS FOR Spain WERE (2022 - 2023):
France$15.8M (16.4%)
Netherlands$5.54M (14.1%)
Romania$5.19M (84.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Office Machine Parts BY Spain WERE (2022 - 2023):
Germany-$30.5M (-25.6%)
Italy-$8.83M (-16.4%)
Latvia-$6.97M (-74.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Office Machine Parts were:
China $89B
Chinese Taipei $29.8B
Thailand $21.4B
In 2023, Spain's main importing competitors in Office Machine Parts were:
United States $54.7B
China $23.4B
Hong Kong $23B

Explore Visualizations

Trade Value of Office Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $14.8M
TOP IMPORT POTENTIALChina+ $80.8M

Office Machine Parts’s highest export potential is France. With an export gap of $14.8M.   Office Machine Parts’s highest import potential is China with an import gap of $80.8M.

See methodology.

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