2021
Exports | Imports
$74.5M | $1.37BWorld Rnk 30 / 149
Flag Rnk 553 / 1214
World Rnk 8 / 202
Flag Rnk 63 / 1214
2021
ECONOMIC COMPLEXITY of Spain
0.78Rnk 35 / 131
2021
PRODUCT COMPLEXITY IN Palm Oil
-2.42Rnk 1014 / 1024

About

Exports In 2021, Spain exported $74.5M in Palm Oil, making it the 30th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 553rd most exported product in Spain. The main destination of Palm Oil exports from Spain are: Portugal ($28.3M), France ($20.8M), Italy ($9.05M), Netherlands ($3.68M), and Belgium ($3.04M).

The fastest growing export markets for Palm Oil of Spain between 2020 and 2021 were France ($6.64M), Netherlands ($2.61M), and Portugal ($1.55M).

Imports In 2021, Spain imported $1.37B in Palm Oil, becoming the 8th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 63rd most imported product in Spain. Spain imports Palm Oil primarily from: Indonesia ($985M), Guatemala ($157M), Colombia ($61.4M), Malaysia ($54.5M), and Cote d'Ivoire ($24.8M).

The fastest growing import markets in Palm Oil for Spain between 2020 and 2021 were Indonesia ($134M), Guatemala ($49.9M), and Cote d'Ivoire ($18.7M).

Latest Trends

November 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2022 - November 2023)€-5.78M(-33.2%)
IMPORT GROWTH (November 2022 - November 2023)€-7.6M(-8.36%)
MAIN EXPORTER (November 2023)Barcelona€19M
MAIN DESTINATION (November 2023)France€3.37M

This section shows Palm Oil'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 Palm Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2021)$74.5M
IMPORTS (2021)$1.37B
NET TRADE (2021)-$1.29B

In 2021, Spain exported $74.5M in Palm Oil. The main destinations of Spain exports on Palm Oil were Portugal ($28.3M), France ($20.8M), Italy ($9.05M), Netherlands ($3.68M), and Belgium ($3.04M).

In 2021, Spain imported $1.37B in Palm Oil, mainly from Indonesia ($985M), Guatemala ($157M), Colombia ($61.4M), Malaysia ($54.5M), and Cote d'Ivoire ($24.8M).

Explore Visualizations

Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Spain WERE (2020 - 2021):
France$6.64M (46.9%)
Netherlands$2.61M (245%)
Portugal$1.55M (5.79%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Spain WERE (2020 - 2021):
Italy-$1.09M (-10.8%)
Canada-$264k (-75.6%)
Lebanon-$75.1k (-100%)

Change in Exports by Market (2020 - 2021)

Market Concentration

View
Flow
Type
In 2021, Spain's main exporting competitors in Palm Oil were:
In 2021, Spain's main importing competitors in Palm Oil were:
India $8.72B
China $5.33B

Explore Visualizations

Trade Value of Palm Oil by Exporters

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