Phenols in Spain | The Observatory of Economic Complexity

About

Exports In 2023, Spain exported $158M in Phenols, making it the 13th largest exporter of Phenols in the world. At the same year, Phenols was the 388th most exported product in Spain. The main destination of Phenols exports from Spain are: Belgium ($49.9M), United Kingdom ($32.3M), Germany ($32M), France ($9.13M), and Poland ($5.15M).

The fastest growing export markets for Phenols of Spain between 2022 and 2023 were United Kingdom ($6.33M), Germany ($4.19M), and Italy ($1.24M).

Imports In 2023, Spain imported $53.3M in Phenols, becoming the 25th largest importer of Phenols in the world. At the same year, Phenols was the 655th most imported product in Spain. Spain imports Phenols primarily from: Germany ($19.6M), Switzerland ($5.55M), China ($5.31M), India ($5.27M), and Belgium ($4.93M).

The fastest growing import markets in Phenols for Spain between 2022 and 2023 were Cyprus ($1.12M), Switzerland ($786k), and United Kingdom ($346k).

COMPANIES In 2023, leading companies such as Porven (18), Goya Foods (13), and ASOS (10) were at the forefront of shipping Phenols from Spain to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Spain's Phenols exports accounted up to €2.2M and imports accounted up to €3.32M, resulting in a negative trade balance of €1.12M. Between November 2023 and November 2024 the exports of Spain's Phenols have increased by €774k (54.3%) from €1.42M to €2.2M, while imports decreased by €-449k (-11.9%) from €3.77M to €3.32M.

Destinations In November 2024, Phenols were exported mostly to Germany (€887k), France (€342k), United Kingdom (€218k), Belgium (€183k), and United States (€137k), and were imported mostly from Germany (€1.29M), Poland (€434k), Switzerland (€360k), India (€307k), and China (€255k).

Growth In November 2024, the increase in Phenols's year-by-year exports was explained primarily by an increase in exports to Germany (€349k or 73.3%), Netherlands (€292k or 670%), and Switzerland (€102k or 39.9%). In November 2024, the decrease in Phenols's year-by-year imports was explained primarily by a decrease in imports from India (€-413k or -71.9%), Poland (€-387k or -64.4%), and Netherlands (€-132k or -61.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)€774k(54.3%)

IMPORT GROWTH (November 2023 - November 2024)€-449k(-11.9%)

MAIN EXPORTER (November 2024)Barcelona€2.77M

MAIN DESTINATION (November 2024)Germany€887k

This section shows Phenols'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 Phenols over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$158M

IMPORTS (2023)$53.3M

NET TRADE (2023)$105M

In 2023, Spain exported $158M in Phenols. The main destinations of Spain exports on Phenols were Belgium ($49.9M), United Kingdom ($32.3M), Germany ($32M), France ($9.13M), and Poland ($5.15M).

In 2023, Spain imported $53.3M in Phenols, mainly from Germany ($19.6M), Switzerland ($5.55M), China ($5.31M), India ($5.27M), and Belgium ($4.93M).

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