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2022
Exports $14.8MWorld Rnk 12 / 158
Flag Rnk 859 / 1214
2022
Destination $235k France
2021 - 2022
FASTEST GROWING MARKET $235kPortugal
2022
PRODUCT COMPLEXITY IN Pastes and Waxes1Rnk 171 / 1025
2022
Imports $31.3MWorld Rnk 11 / 209
Flag Rnk 766 / 1214
2022
Origin $1.14M Italy
2021 - 2022
FASTEST GROWING ORIGIN $1.14MChina
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $14.8M in Pastes and Waxes, making it the 12th largest exporter of Pastes and Waxes in the world. At the same year, Pastes and Waxes was the 859th most exported product in Spain. The main destination of Pastes and Waxes exports from Spain are: France ($2.91M), Germany ($1.91M), Portugal ($1.67M), Italy ($824k), and Saudi Arabia ($646k).

The fastest growing export markets for Pastes and Waxes of Spain between 2021 and 2022 were Portugal ($235k), Saudi Arabia ($194k), and France ($154k).

Imports In 2022, Spain imported $31.3M in Pastes and Waxes, becoming the 11th largest importer of Pastes and Waxes in the world. At the same year, Pastes and Waxes was the 766th most imported product in Spain. Spain imports Pastes and Waxes primarily from: Italy ($11.5M), Germany ($9.34M), China ($5.31M), Netherlands ($1.53M), and France ($1.03M).

The fastest growing import markets in Pastes and Waxes for Spain between 2021 and 2022 were China ($1.14M), Italy ($878k), and Germany ($840k).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Pastes and Waxes exports accounted up to €1.33M and imports accounted up to €2.49M, resulting in a negative trade balance of €1.16M. Between June 2023 and June 2024 the exports of Spain's   Pastes and Waxes have decreased by €-342k (-20.5%) from €1.67M to €1.33M, while imports increased by €954k (62.1%) from €1.54M to €2.49M.

Destinations In June 2024, Pastes and Waxes were exported mostly to France (€279k), Germany (€190k), Portugal (€153k), Greece (€116k), and Italy (€87.6k), and were imported mostly from Italy (€1.26M), Germany (€644k), China (€281k), France (€86.4k), and Netherlands (€70.1k).

Growth In June 2024, the decrease in Pastes and Waxes's year-by-year exports was explained primarily by a decrease in exports to Chile (€-61.1k or -90.4%), China (€-47.9k or -99.4%), and Greece (€-38.2k or -74%). In June 2024, the increase in Pastes and Waxes's year-by-year imports was explained primarily by an increase in imports from Germany (€263k or 87%), Turkey (€47.8k or 855%), and Italy (€38.1k or 15%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-342k(-20.5%)
IMPORT GROWTH (June 2023 - June 2024)€954k(62.1%)
MAIN EXPORTER (June 2024)Barcelona€604k
MAIN DESTINATION (June 2024)France€279k

This section shows Pastes and Waxes'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 Pastes and Waxes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$14.8M
IMPORTS (2022)$31.3M
NET TRADE (2022)-$16.6M

In 2022, Spain exported $14.8M in Pastes and Waxes. The main destinations of Spain exports on Pastes and Waxes were France ($2.91M), Germany ($1.91M), Portugal ($1.67M), Italy ($824k), and Saudi Arabia ($646k).

In 2022, Spain imported $31.3M in Pastes and Waxes, mainly from Italy ($11.5M), Germany ($9.34M), China ($5.31M), Netherlands ($1.53M), and France ($1.03M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pastes and Waxes EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Portugal$235k (16.3%)
Saudi Arabia$194k (42.8%)
France$154k (5.58%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pastes and Waxes BY Spain WERE (2021 - 2022):
United States-$291k (-59.6%)
Poland-$183k (-57.3%)
Hong Kong-$180k (-84.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Pastes and Waxes were:
China $529M
Germany $254M
Italy $125M
In 2022, Spain's main importing competitors in Pastes and Waxes were:
United States $285M
Germany $91.8M
Netherlands $49.6M

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Trade Value of Pastes and Waxes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $628k
TOP IMPORT POTENTIALChina+ $1.83M

Pastes and Waxes’s highest export potential is France. With an export gap of $628k.   Pastes and Waxes’s highest import potential is China with an import gap of $1.83M.

See methodology.

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