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2022
Exports $485MWorld Rnk 18 / 221
Flag Rnk 181 / 1214
2022
Destination $9.54M Germany
2021 - 2022
FASTEST GROWING MARKET $9.54MGermany
2022
PRODUCT COMPLEXITY IN Other Measuring Instruments1.54Rnk 44 / 1025
2022
Imports $588MWorld Rnk 21 / 226
Flag Rnk 160 / 1214
2022
Origin $7.61M Germany
2021 - 2022
FASTEST GROWING ORIGIN $7.61MNetherlands
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $485M in Other Measuring Instruments, making it the 18th largest exporter of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 181st most exported product in Spain. The main destination of Other Measuring Instruments exports from Spain are: Germany ($110M), United States ($58.5M), China ($47.5M), France ($25.7M), and United Kingdom ($20.1M).

The fastest growing export markets for Other Measuring Instruments of Spain between 2021 and 2022 were Germany ($9.54M), Sweden ($8.3M), and United States ($7.64M).

Imports In 2022, Spain imported $588M in Other Measuring Instruments, becoming the 21st largest importer of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 160th most imported product in Spain. Spain imports Other Measuring Instruments primarily from: Germany ($214M), Italy ($77.3M), China ($40.6M), France ($37.5M), and United Kingdom ($36.4M).

The fastest growing import markets in Other Measuring Instruments for Spain between 2021 and 2022 were Netherlands ($7.61M), China ($4.6M), and United Kingdom ($3.7M).

COMPANIES In 2023, leading companies such as Robert Bosch (6) and Schindler Elevators (1) were at the forefront of shipping Other Measuring Instruments from Spain to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Spain's Other Measuring Instruments exports accounted up to €50.7M and imports accounted up to €43.7M, resulting in a positive trade balance of €6.96M. Between September 2023 and September 2024 the exports of Spain's   Other Measuring Instruments have increased by €8.28M (19.5%) from €42.4M to €50.7M, while imports decreased by €-2.45M (-5.3%) from €46.2M to €43.7M.

Destinations In September 2024, Other Measuring Instruments were exported mostly to Germany (€13M), United States (€5.93M), China (€4.55M), Japan (€3.87M), and United Kingdom (€2.64M), and were imported mostly from Germany (€12.9M), China (€5.3M), Italy (€3.18M), Hungary (€2.85M), and United Kingdom (€2.41M).

Growth In September 2024, the increase in Other Measuring Instruments's year-by-year exports was explained primarily by an increase in exports to Hungary (€3.85M or 9.9k%), Germany (€2.42M or 32.9%), and Morocco (€1.13M or 197%). In September 2024, the decrease in Other Measuring Instruments's year-by-year imports was explained primarily by a decrease in imports from Sweden (€-1.67M or -95.9%), United States (€-1.3M or -34.5%), and Vietnam (€-731k or -95.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€8.28M(19.5%)
IMPORT GROWTH (September 2023 - September 2024)€-2.45M(-5.3%)
MAIN EXPORTER (September 2024)Barcelona€21.9M
MAIN DESTINATION (September 2024)Germany€13M

This section shows Other Measuring Instruments'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 Measuring Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$485M
IMPORTS (2022)$588M
NET TRADE (2022)-$103M

In 2022, Spain exported $485M in Other Measuring Instruments. The main destinations of Spain exports on Other Measuring Instruments were Germany ($110M), United States ($58.5M), China ($47.5M), France ($25.7M), and United Kingdom ($20.1M).

In 2022, Spain imported $588M in Other Measuring Instruments, mainly from Germany ($214M), Italy ($77.3M), China ($40.6M), France ($37.5M), and United Kingdom ($36.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Measuring Instruments EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Germany$9.54M (9.51%)
Sweden$8.3M (176%)
United States$7.64M (15%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Measuring Instruments BY Spain WERE (2021 - 2022):
Poland-$11.5M (-65.5%)
China-$5.89M (-11%)
Saudi Arabia-$4.36M (-66.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Other Measuring Instruments were:
Germany $8.71B
United States $7.13B
China $6.9B
In 2022, Spain's main importing competitors in Other Measuring Instruments were:
China $10.8B
United States $6.69B
Germany $3.73B

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Trade Value of Other Measuring Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $36.8M
TOP IMPORT POTENTIALChina+ $27.5M

Other Measuring Instruments’s highest export potential is China. With an export gap of $36.8M.   Other Measuring Instruments’s highest import potential is China with an import gap of $27.5M.

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