Other Measuring Instruments in Spain | The Observatory of Economic Complexity

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 LLC (306) and SCHINDLER ELEVATOR CORPORATION (7) were at the forefront of shipping Other Measuring Instruments from Spain to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Spain's Other Measuring Instruments exports accounted up to €37.6M and imports accounted up to €39.2M, resulting in a negative trade balance of €1.65M. Between January 2023 and January 2024 the exports of Spain's Other Measuring Instruments have decreased by €-2.84M (-7.03%) from €40.4M to €37.6M, while imports decreased by €-3.78M (-8.79%) from €43M to €39.2M.

Destinations In January 2024, Other Measuring Instruments were exported mostly to United States (€5.65M), China (€4.51M), Germany (€3.73M), Belgium (€3.22M), and France (€2.73M), and were imported mostly from Germany (€14.3M), China (€4.16M), France (€2.63M), United States (€2.62M), and Italy (€2.23M).

Growth In January 2024, the decrease in Other Measuring Instruments's year-by-year exports was explained primarily by a decrease in exports to Czechia (€-601k or -62.3%), United Kingdom (€-302k or -19.8%), and Italy (€-200k or -13.6%). In January 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

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-2.84M(-7.03%)

IMPORT GROWTH (January 2023 - January 2024)€-3.78M(-8.79%)

MAIN EXPORTER (January 2024)Madrid€15.4M

MAIN DESTINATION (January 2024)United States€5.65M

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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