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2022
Exports $2.58BWorld Rnk 2 / 202
Flag Rnk 21 / 1214
2022
Destination $74.5M United States
2021 - 2022
FASTEST GROWING MARKET $74.5MGermany
2022
PRODUCT COMPLEXITY IN Perfumes-0.14Rnk 594 / 1025
2022
Imports $1.06BWorld Rnk 4 / 222
Flag Rnk 95 / 1214
2022
Origin $151M France
2021 - 2022
FASTEST GROWING ORIGIN $151MFrance
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $2.58B in Perfumes, making it the 2nd largest exporter of Perfumes in the world. At the same year, Perfumes was the 21st most exported product in Spain. The main destination of Perfumes exports from Spain are: United States ($364M), Germany ($333M), France ($194M), United Kingdom ($176M), and Italy ($135M).

The fastest growing export markets for Perfumes of Spain between 2021 and 2022 were Germany ($74.5M), United States ($62.8M), and Mexico ($59.3M).

Imports In 2022, Spain imported $1.06B in Perfumes, becoming the 4th largest importer of Perfumes in the world. At the same year, Perfumes was the 95th most imported product in Spain. Spain imports Perfumes primarily from: France ($690M), Germany ($136M), Netherlands ($72.2M), Italy ($66.5M), and Portugal ($14.9M).

The fastest growing import markets in Perfumes for Spain between 2021 and 2022 were France ($151M), Germany ($31.3M), and Italy ($10.9M).

Latest Trends

October 2024

About

Overview In October 2024 Spain's Perfumes exports accounted up to €425M and imports accounted up to €141M, resulting in a positive trade balance of €284M. Between October 2023 and October 2024 the exports of Spain's   Perfumes have increased by €143M (50.7%) from €282M to €425M, while imports increased by €32.4M (29.8%) from €109M to €141M.

Destinations In October 2024, Perfumes were exported mostly to United States (€50.1M), United Kingdom (€35.8M), Italy (€33.6M), France (€32M), and Germany (€31.7M), and were imported mostly from France (€99M), Italy (€15.6M), Netherlands (€14M), Germany (€2.4M), and China (€1.73M).

Growth In October 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 October 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 (October 2023 - October 2024)€143M(50.7%)
IMPORT GROWTH (October 2023 - October 2024)€32.4M(29.8%)
MAIN EXPORTER (October 2024)Barcelona€335M
MAIN DESTINATION (October 2024)United States€50.1M

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 (2022)$2.58B
IMPORTS (2022)$1.06B
NET TRADE (2022)$1.52B

In 2022, Spain exported $2.58B in Perfumes. The main destinations of Spain exports on Perfumes were United States ($364M), Germany ($333M), France ($194M), United Kingdom ($176M), and Italy ($135M).

In 2022, Spain imported $1.06B in Perfumes, mainly from France ($690M), Germany ($136M), Netherlands ($72.2M), Italy ($66.5M), and Portugal ($14.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Perfumes EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Germany$74.5M (28.9%)
United States$62.8M (20.8%)
Mexico$59.3M (117%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfumes BY Spain WERE (2021 - 2022):
Netherlands-$20.4M (-18.1%)
China-$15.6M (-32%)
Ukraine-$7.8M (-82.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Perfumes were:
France $7.24B
Germany $1.67B
In 2022, Spain's main importing competitors in Perfumes were:
United States $2.82B
Germany $1.68B
United Kingdom $1.23B

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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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