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2023
Exports $115MWorld Rnk 14 / 221
Flag Rnk 447 / 1215
2023
Destination $1.7M France
2022 - 2023
FASTEST GROWING MARKET $1.7MUnited States
2023
PRODUCT COMPLEXITY IN Other Hand Tools1.82Rnk 14 / 1025
2023
Imports $231MWorld Rnk 10 / 225
Flag Rnk 322 / 1214
2023
Origin $17.8M China
2022 - 2023
FASTEST GROWING ORIGIN $17.8MGermany
2023
ECONOMIC COMPLEXITY of Spain0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $115M in Other Hand Tools, making it the 14th largest exporter of Other Hand Tools in the world. At the same year, Other Hand Tools was the 447th most exported product in Spain. The main destination of Other Hand Tools exports from Spain are: France ($27.6M), Portugal ($14.1M), Italy ($10.1M), Germany ($8.08M), and Netherlands ($7.31M).

The fastest growing export markets for Other Hand Tools of Spain between 2022 and 2023 were United States ($1.7M), Lithuania ($1.69M), and Portugal ($1.49M).

Imports In 2023, Spain imported $231M in Other Hand Tools, becoming the 10th largest importer of Other Hand Tools in the world. At the same year, Other Hand Tools was the 322nd most imported product in Spain. Spain imports Other Hand Tools primarily from: China ($63M), Germany ($62.5M), France ($31.3M), Italy ($15.7M), and Chinese Taipei ($10.3M).

The fastest growing import markets in Other Hand Tools for Spain between 2022 and 2023 were Germany ($17.8M), Austria ($1.72M), and United States ($577k).

COMPANIES In 2023, leading companies such as Porven (1) and ABB Motors and Mechanical (1) were at the forefront of shipping Other Hand Tools from Spain to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Spain's Other Hand Tools exports accounted up to €15.3M and imports accounted up to €16.6M, resulting in a negative trade balance of €1.3M. Between November 2023 and November 2024 the exports of Spain's   Other Hand Tools have increased by €2.02M (15.1%) from €13.3M to €15.3M, while imports decreased by €-404k (-2.37%) from €17M to €16.6M.

Destinations In November 2024, Other Hand Tools were exported mostly to Rest of the world (€3.46M), France (€1.92M), United States (€1.48M), Italy (€1.3M), and Portugal (€1.24M), and were imported mostly from China (€6.32M), Germany (€3.2M), France (€1.39M), Chinese Taipei (€1.16M), and Italy (€947k).

Growth In November 2024, the increase in Other Hand Tools's year-by-year exports was explained primarily by an increase in exports to Italy (€375k or 48.8%), United States (€346k or 125%), and Dominican Republic (€234k or 2.56k%). In November 2024, the decrease in Other Hand Tools's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei (€-485k or -43.9%), Netherlands (€-304k or -31.4%), and India (€-71.5k or -38.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€2.02M(15.1%)
IMPORT GROWTH (November 2023 - November 2024)€-404k(-2.37%)
MAIN EXPORTER (November 2024)Barcelona€7.09M
MAIN DESTINATION (November 2024)Rest of the world€3.46M

This section shows Other Hand Tools'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 Other Hand Tools over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$115M
IMPORTS (2023)$231M
NET TRADE (2023)-$116M

In 2023, Spain exported $115M in Other Hand Tools. The main destinations of Spain exports on Other Hand Tools were France ($27.6M), Portugal ($14.1M), Italy ($10.1M), Germany ($8.08M), and Netherlands ($7.31M).

In 2023, Spain imported $231M in Other Hand Tools, mainly from China ($63M), Germany ($62.5M), France ($31.3M), Italy ($15.7M), and Chinese Taipei ($10.3M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Hand Tools EXPORT MARKETS FOR Spain WERE (2022 - 2023):
United States$1.7M (50.4%)
Lithuania$1.69M (1.07k%)
Portugal$1.49M (11.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Hand Tools BY Spain WERE (2022 - 2023):
Saudi Arabia-$3.06M (-86.2%)
Netherlands-$2.12M (-22.5%)
Germany-$1.49M (-15.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Other Hand Tools were:
China $3.65B
Germany $905M
Chinese Taipei $812M
In 2023, Spain's main importing competitors in Other Hand Tools were:
United States $1.46B
Germany $630M
France $472M

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Trade Value of Other Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.71M
TOP IMPORT POTENTIALChina+ $7.07M

Other Hand Tools’s highest export potential is United States. With an export gap of $4.71M.   Other Hand Tools’s highest import potential is China with an import gap of $7.07M.

See methodology.

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