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2023
Exports $3.67BWorld Rnk 2 / 196
Flag Rnk 15 / 1215
2023
Destination $155M United States
2022 - 2023
FASTEST GROWING MARKET $155MUnited States
2023
PRODUCT COMPLEXITY IN Perfumes-0.011Rnk 562 / 1025
2023
Imports $1.13BWorld Rnk 6 / 222
Flag Rnk 83 / 1214
2023
Origin $164M France
2022 - 2023
FASTEST GROWING ORIGIN $164MFrance
2023
ECONOMIC COMPLEXITY of Spain0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $3.67B in Perfumes, making it the 2nd largest exporter of Perfumes in the world. At the same year, Perfumes was the 15th most exported product in Spain. The main destination of Perfumes exports from Spain are: United States ($638M), Germany ($504M), France ($251M), Italy ($215M), and United Kingdom ($212M).

The fastest growing export markets for Perfumes of Spain between 2022 and 2023 were United States ($155M), Germany ($137M), and Italy ($77.6M).

Imports In 2023, Spain imported $1.13B in Perfumes, becoming the 6th largest importer of Perfumes in the world. At the same year, Perfumes was the 83rd most imported product in Spain. Spain imports Perfumes primarily from: France ($851M), Italy ($101M), Germany ($49.8M), Netherlands ($42.3M), and Portugal ($14.3M).

The fastest growing import markets in Perfumes for Spain between 2022 and 2023 were France ($164M), Italy ($42.9M), and Netherlands ($8.32M).

Latest Trends

November 2024

About

Overview In November 2024 Spain's Perfumes exports accounted up to €393M and imports accounted up to €112M, resulting in a positive trade balance of €281M. Between November 2023 and November 2024 the exports of Spain's   Perfumes have increased by €112M (39.9%) from €281M to €393M, while imports increased by €21.1M (23.1%) from €91.3M to €112M.

Destinations In November 2024, Perfumes were exported mostly to United States (€47.6M), Portugal (€34.5M), United Kingdom (€33.4M), Italy (€28.1M), and France (€26.7M), and were imported mostly from France (€75.5M), Netherlands (€12.4M), Italy (€11.6M), Germany (€2.61M), and China (€1.62M).

Growth In November 2024, the increase in Perfumes's year-by-year exports was explained primarily by an increase in exports to Germany (€20.4M or 107%), France (€6.26M or 48.6%), and Italy (€5.14M or 59.3%). In November 2024, the increase in Perfumes's year-by-year imports was explained primarily by an increase in imports from France (€19.4M or 55.3%), Netherlands (€4.68M or 97.4%), and Italy (€1.7M or 79.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€112M(39.9%)
IMPORT GROWTH (November 2023 - November 2024)€21.1M(23.1%)
MAIN EXPORTER (November 2024)Barcelona€335M
MAIN DESTINATION (November 2024)United States€47.6M

This section shows Perfumes'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 Perfumes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.67B
IMPORTS (2023)$1.13B
NET TRADE (2023)$2.54B

In 2023, Spain exported $3.67B in Perfumes. The main destinations of Spain exports on Perfumes were United States ($638M), Germany ($504M), France ($251M), Italy ($215M), and United Kingdom ($212M).

In 2023, Spain imported $1.13B in Perfumes, mainly from France ($851M), Italy ($101M), Germany ($49.8M), Netherlands ($42.3M), and Portugal ($14.3M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Perfumes EXPORT MARKETS FOR Spain WERE (2022 - 2023):
United States$155M (32.1%)
Germany$137M (37.2%)
Italy$77.6M (56.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfumes BY Spain WERE (2022 - 2023):
Saudi Arabia-$5.42M (-23.5%)
Argentina-$5.38M (-22.2%)
Japan-$4.91M (-35.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Perfumes were:
France $10.4B
Italy $2.38B
In 2023, Spain's main importing competitors in Perfumes were:
United States $4.27B
Germany $2.1B
Netherlands $1.43B

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Trade Value of Perfumes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $23.8M
TOP IMPORT POTENTIALItaly+ $14.7M

Perfumes’s highest export potential is France. With an export gap of $23.8M.   Perfumes’s highest import potential is Italy with an import gap of $14.7M.

See methodology.

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