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2022
Exports $15.4MWorld Rnk 20 / 153
Flag Rnk 854 / 1214
2022
Destination $681k Portugal
2021 - 2022
FASTEST GROWING MARKET $681kParaguay
2022
PRODUCT COMPLEXITY IN Pharmaceutical Rubber Products0.19Rnk 491 / 1025
2022
Imports $31.8MWorld Rnk 10 / 215
Flag Rnk 762 / 1214
2022
Origin $4.2M Thailand
2021 - 2022
FASTEST GROWING ORIGIN $4.2MThailand
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $15.4M in Pharmaceutical Rubber Products, making it the 20th largest exporter of Pharmaceutical Rubber Products in the world. At the same year, Pharmaceutical Rubber Products was the 854th most exported product in Spain. The main destination of Pharmaceutical Rubber Products exports from Spain are: Portugal ($4.24M), Italy ($2.96M), Turkey ($1.92M), Paraguay ($1.46M), and France ($1.05M).

The fastest growing export markets for Pharmaceutical Rubber Products of Spain between 2021 and 2022 were Paraguay ($681k), Turkey ($468k), and Algeria ($269k).

Imports In 2022, Spain imported $31.8M in Pharmaceutical Rubber Products, becoming the 10th largest importer of Pharmaceutical Rubber Products in the world. At the same year, Pharmaceutical Rubber Products was the 762nd most imported product in Spain. Spain imports Pharmaceutical Rubber Products primarily from: Thailand ($9.4M), Slovakia ($5.56M), China ($4.52M), France ($2.85M), and Malaysia ($2.75M).

The fastest growing import markets in Pharmaceutical Rubber Products for Spain between 2021 and 2022 were Thailand ($4.2M), Malaysia ($1.11M), and China ($816k).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Pharmaceutical Rubber Products exports accounted up to €715k and imports accounted up to €1.68M, resulting in a negative trade balance of €966k. Between June 2023 and June 2024 the exports of Spain's   Pharmaceutical Rubber Products have decreased by €-282k (-28.3%) from €997k to €715k, while imports decreased by €-83.5k (-4.74%) from €1.76M to €1.68M.

Destinations In June 2024, Pharmaceutical Rubber Products were exported mostly to Portugal (€211k), Turkey (€155k), Libya (€116k), Italy (€51.7k), and France (€42.9k), and were imported mostly from Thailand (€632k), China (€241k), Malaysia (€217k), Mexico (€191k), and France (€152k).

Growth In June 2024, the decrease in Pharmaceutical Rubber Products's year-by-year exports was explained primarily by a decrease in exports to France (€-126k or -32.7%), Czechia (€-12.6k or -91%), and Sweden (€-4.73k or -98.7%). In June 2024, the decrease in Pharmaceutical Rubber Products's year-by-year imports was explained primarily by a decrease in imports from China (€-1.1M or -76.8%), Germany (€-344k or -96.6%), and Malaysia (€-99.6k or -53.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-282k(-28.3%)
IMPORT GROWTH (June 2023 - June 2024)€-83.5k(-4.74%)
MAIN EXPORTER (June 2024)Madrid€1.24M
MAIN DESTINATION (June 2024)Portugal€211k

This section shows Pharmaceutical Rubber Products'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 Pharmaceutical Rubber Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$15.4M
IMPORTS (2022)$31.8M
NET TRADE (2022)-$16.4M

In 2022, Spain exported $15.4M in Pharmaceutical Rubber Products. The main destinations of Spain exports on Pharmaceutical Rubber Products were Portugal ($4.24M), Italy ($2.96M), Turkey ($1.92M), Paraguay ($1.46M), and France ($1.05M).

In 2022, Spain imported $31.8M in Pharmaceutical Rubber Products, mainly from Thailand ($9.4M), Slovakia ($5.56M), China ($4.52M), France ($2.85M), and Malaysia ($2.75M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical Rubber Products EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Paraguay$681k (87.8%)
Turkey$468k (32.2%)
Algeria$269k (48.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical Rubber Products BY Spain WERE (2021 - 2022):
Portugal-$811k (-16%)
Thailand-$678k (-100%)
Netherlands-$235k (-33.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Pharmaceutical Rubber Products were:
Thailand $317M
China $246M
Malaysia $121M
In 2022, Spain's main importing competitors in Pharmaceutical Rubber Products were:
China $110M
United States $92.6M
Germany $82.3M

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Trade Value of Pharmaceutical Rubber Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $695k
TOP IMPORT POTENTIALFrance+ $1.42M

Pharmaceutical Rubber Products’s highest export potential is France. With an export gap of $695k.   Pharmaceutical Rubber Products’s highest import potential is France with an import gap of $1.42M.

See methodology.

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