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2023
Exports $97.8MWorld Rnk 9 / 194
Flag Rnk 488 / 1215
2023
Destination $12.8M Germany
2022 - 2023
FASTEST GROWING MARKET $12.8MGermany
2023
PRODUCT COMPLEXITY IN Perfume Plants-1.84Rnk 985 / 1025
2023
Imports $106MWorld Rnk 13 / 215
Flag Rnk 492 / 1214
2023
Origin $2.86M United States
2022 - 2023
FASTEST GROWING ORIGIN $2.86MEstonia
2023
ECONOMIC COMPLEXITY of Spain0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $97.8M in Perfume Plants, making it the 9th largest exporter of Perfume Plants in the world. At the same year, Perfume Plants was the 488th most exported product in Spain. The main destination of Perfume Plants exports from Spain are: Germany ($29.6M), Portugal ($18.2M), France ($10M), United Kingdom ($8.15M), and Netherlands ($5.24M).

The fastest growing export markets for Perfume Plants of Spain between 2022 and 2023 were Germany ($12.8M), Portugal ($7.99M), and United Kingdom ($1.32M).

Imports In 2023, Spain imported $106M in Perfume Plants, becoming the 13th largest importer of Perfume Plants in the world. At the same year, Perfume Plants was the 492nd most imported product in Spain. Spain imports Perfume Plants primarily from: United States ($17.5M), Morocco ($12.9M), India ($7.03M), Poland ($6.65M), and Germany ($5.19M).

The fastest growing import markets in Perfume Plants for Spain between 2022 and 2023 were Estonia ($2.86M), India ($2.43M), and Albania ($874k).

COMPANIES In 2023, leading companies such as At Home Procurement (2) and Goya Foods (1) were at the forefront of shipping Perfume Plants from Spain to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Spain's Perfume Plants exports accounted up to €12M and imports accounted up to €11.4M, resulting in a positive trade balance of €663k. Between November 2023 and November 2024 the exports of Spain's   Perfume Plants have increased by €29.1k (0.24%) from €12M to €12M, while imports increased by €476k (4.37%) from €10.9M to €11.4M.

Destinations In November 2024, Perfume Plants were exported mostly to Germany (€5.14M), United Kingdom (€1.13M), Bulgaria (€1.07M), France (€1.01M), and Netherlands (€639k), and were imported mostly from United States (€3.22M), Morocco (€1.1M), India (€715k), Poland (€641k), and Portugal (€514k).

Growth In November 2024, the increase in Perfume Plants's year-by-year exports was explained primarily by an increase in exports to Germany (€2.49M or 72.1%), United Kingdom (€391k or 57.5%), and Belgium (€189k or 55.8%). In November 2024, the increase in Perfume Plants's year-by-year imports was explained primarily by an increase in imports from India (€386k or 145%), Bulgaria (€349k or 169%), and Brazil (€154k or 836%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€29.1k(0.24%)
IMPORT GROWTH (November 2023 - November 2024)€476k(4.37%)
MAIN EXPORTER (November 2024)Barcelona€3.91M
MAIN DESTINATION (November 2024)Germany€5.14M

This section shows Perfume Plants'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 Perfume Plants over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$97.8M
IMPORTS (2023)$106M
NET TRADE (2023)-$7.95M

In 2023, Spain exported $97.8M in Perfume Plants. The main destinations of Spain exports on Perfume Plants were Germany ($29.6M), Portugal ($18.2M), France ($10M), United Kingdom ($8.15M), and Netherlands ($5.24M).

In 2023, Spain imported $106M in Perfume Plants, mainly from United States ($17.5M), Morocco ($12.9M), India ($7.03M), Poland ($6.65M), and Germany ($5.19M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Perfume Plants EXPORT MARKETS FOR Spain WERE (2022 - 2023):
Germany$12.8M (76.6%)
Portugal$7.99M (78.5%)
United Kingdom$1.32M (19.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfume Plants BY Spain WERE (2022 - 2023):
France-$1.3M (-11.5%)
United States-$662k (-24.6%)
Belgium-$649k (-13.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Perfume Plants were:
China $988M
India $467M
Canada $279M
In 2023, Spain's main importing competitors in Perfume Plants were:
United States $512M
Germany $428M
China $337M

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Trade Value of Perfume Plants by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $2.54M
TOP IMPORT POTENTIALIndia+ $3.72M

Perfume Plants’s highest export potential is France. With an export gap of $2.54M.   Perfume Plants’s highest import potential is India with an import gap of $3.72M.

See methodology.

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