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2022
Exports $936MWorld Rnk 1 / 102
Flag Rnk 85 / 1214
2022
Destination $833M Saudi Arabia
2021 - 2022
FASTEST GROWING MARKET $833MSaudi Arabia
2022
PRODUCT COMPLEXITY IN Other Sea Vessels-0.29Rnk 646 / 1025
2022
Imports $16.6MWorld Rnk 37 / 178
Flag Rnk 888 / 1214
2022
Origin $3.8M United Kingdom
2021 - 2022
FASTEST GROWING ORIGIN $3.8MUnited Kingdom
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $936M in Other Sea Vessels, making it the 1st largest exporter of Other Sea Vessels in the world. At the same year, Other Sea Vessels was the 85th most exported product in Spain. The main destination of Other Sea Vessels exports from Spain are: Saudi Arabia ($836M), Norway ($63.1M), United Arab Emirates ($28.5M), Nigeria ($4.5M), and Morocco ($521k).

The fastest growing export markets for Other Sea Vessels of Spain between 2021 and 2022 were Saudi Arabia ($833M), Norway ($63.1M), and United Arab Emirates ($28.5M).

Imports In 2022, Spain imported $16.6M in Other Sea Vessels, becoming the 37th largest importer of Other Sea Vessels in the world. At the same year, Other Sea Vessels was the 888th most imported product in Spain. Spain imports Other Sea Vessels primarily from: United Kingdom ($5.1M), Germany ($3.42M), Netherlands ($2.88M), Norway ($2.44M), and Canada ($552k).

The fastest growing import markets in Other Sea Vessels for Spain between 2021 and 2022 were United Kingdom ($3.8M), Netherlands ($2.81M), and Turkey ($158k).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Other Sea Vessels exports accounted up to €188k and imports accounted up to €360k, resulting in a negative trade balance of €171k. Between June 2023 and June 2024 the exports of Spain's   Other Sea Vessels have decreased by €-5.33M (-96.6%) from €5.52M to €188k, while imports decreased by €-5.49M (-93.9%) from €5.85M to €360k.

Destinations In June 2024, Other Sea Vessels were exported mostly to Netherlands (€61.4k), Italy (€38.1k), United States (€28.2k), France (€21.9k), and Norway (€16.9k), and were imported mostly from China (€131k), United States (€126k), France (€46.8k), Germany (€23.8k), and Portugal (€23.8k).

Growth In June 2024, the decrease in Other Sea Vessels's year-by-year exports was explained primarily by a decrease in exports to United States (€-40.4k or -92.6%). In June 2024, the decrease in Other Sea Vessels's year-by-year imports was explained primarily by a decrease in imports from China (€-39.1k or -99.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-5.33M(-96.6%)
IMPORT GROWTH (June 2023 - June 2024)€-5.49M(-93.9%)
MAIN EXPORTER (June 2024)Pontevedra€42.1M
MAIN DESTINATION (June 2024)Netherlands€61.4k

This section shows Other Sea Vessels'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 Sea Vessels over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$936M
IMPORTS (2022)$16.6M
NET TRADE (2022)$919M

In 2022, Spain exported $936M in Other Sea Vessels. The main destinations of Spain exports on Other Sea Vessels were Saudi Arabia ($836M), Norway ($63.1M), United Arab Emirates ($28.5M), Nigeria ($4.5M), and Morocco ($521k).

In 2022, Spain imported $16.6M in Other Sea Vessels, mainly from United Kingdom ($5.1M), Germany ($3.42M), Netherlands ($2.88M), Norway ($2.44M), and Canada ($552k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Sea Vessels EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Saudi Arabia$833M (30.9k%)
Norway$63.1M (87.8k%)
United Arab Emirates$28.5M (68.8k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Sea Vessels BY Spain WERE (2021 - 2022):
Australia-$319M (-100%)
Belgium-$52.7M (-100%)
Angola-$20.3M (-100%)
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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 Sea Vessels were:
Oman $523M
Singapore $500M
In 2022, Spain's main importing competitors in Other Sea Vessels were:
India $852M
Saudi Arabia $841M
Norway $515M

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Trade Value of Other Sea Vessels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNorway+ $2.96M
TOP IMPORT POTENTIALChina+ $432k

Other Sea Vessels’s highest export potential is Norway. With an export gap of $2.96M.   Other Sea Vessels’s highest import potential is China with an import gap of $432k.

See methodology.

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