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2022
Exports $22.7MWorld Rnk 28 / 106
Flag Rnk 796 / 1214
2022
Destination $6.35M France
2021 - 2022
FASTEST GROWING MARKET $6.35MFrance
2022
PRODUCT COMPLEXITY IN Phosphoric Acid-0.58Rnk 718 / 1025
2022
Imports $296MWorld Rnk 8 / 191
Flag Rnk 286 / 1214
2022
Origin $31.5M Morocco
2021 - 2022
FASTEST GROWING ORIGIN $31.5MIsrael
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $22.7M in Phosphoric Acid, making it the 28th largest exporter of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 796th most exported product in Spain. The main destination of Phosphoric Acid exports from Spain are: France ($7.2M), Turkey ($5.02M), Portugal ($4.4M), Germany ($1.31M), and Netherlands ($800k).

The fastest growing export markets for Phosphoric Acid of Spain between 2021 and 2022 were France ($6.35M), Portugal ($2.16M), and Germany ($1.3M).

Imports In 2022, Spain imported $296M in Phosphoric Acid, becoming the 8th largest importer of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 286th most imported product in Spain. Spain imports Phosphoric Acid primarily from: Morocco ($186M), Israel ($59.7M), China ($23.7M), Tunisia ($14.4M), and Germany ($3.61M).

The fastest growing import markets in Phosphoric Acid for Spain between 2021 and 2022 were Israel ($31.5M), Morocco ($27.1M), and China ($19.7M).

Latest Trends

October 2024

About

Overview In October 2024 Spain's Phosphoric Acid exports accounted up to €920k and imports accounted up to €12.7M, resulting in a negative trade balance of €11.8M. Between October 2023 and October 2024 the exports of Spain's   Phosphoric Acid have increased by €396k (75.5%) from €524k to €920k, while imports decreased by €-3.03M (-19.2%) from €15.8M to €12.7M.

Destinations In October 2024, Phosphoric Acid were exported mostly to Italy (€344k), France (€189k), Portugal (€151k), Netherlands (€63.1k), and Peru (€49.3k), and were imported mostly from Morocco (€6.49M), Lebanon (€3.41M), Israel (€1.62M), China (€319k), and Germany (€218k).

Growth In October 2024, the increase in Phosphoric Acid's year-by-year exports was explained primarily by an increase in exports to France (€169k or 101%), Italy (€67.6k or 340%), and Morocco (€2.4k or 30.9%). In October 2024, the decrease in Phosphoric Acid's year-by-year imports was explained primarily by a decrease in imports from Morocco (€-10.7M or -51.5%), Israel (€-2.39M or -65.3%), and Tunisia (€-593k or -18.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€396k(75.5%)
IMPORT GROWTH (October 2023 - October 2024)€-3.03M(-19.2%)
MAIN EXPORTER (October 2024)Tarragona€368k
MAIN DESTINATION (October 2024)Italy€344k

This section shows Phosphoric Acid'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 Phosphoric Acid over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$22.7M
IMPORTS (2022)$296M
NET TRADE (2022)-$274M

In 2022, Spain exported $22.7M in Phosphoric Acid. The main destinations of Spain exports on Phosphoric Acid were France ($7.2M), Turkey ($5.02M), Portugal ($4.4M), Germany ($1.31M), and Netherlands ($800k).

In 2022, Spain imported $296M in Phosphoric Acid, mainly from Morocco ($186M), Israel ($59.7M), China ($23.7M), Tunisia ($14.4M), and Germany ($3.61M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Phosphoric Acid EXPORT MARKETS FOR Spain WERE (2021 - 2022):
France$6.35M (745%)
Portugal$2.16M (96.1%)
Germany$1.3M (11.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Phosphoric Acid BY Spain WERE (2021 - 2022):
Turkey-$3.23M (-39.1%)
Tunisia-$377k (-99.9%)
Algeria-$240k (-43.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Phosphoric Acid were:
Morocco $2.29B
China $973M
Senegal $846M
In 2022, Spain's main importing competitors in Phosphoric Acid were:
India $2.91B
Pakistan $627M
Netherlands $398M

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Trade Value of Phosphoric Acid by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.96M
TOP IMPORT POTENTIALChina+ $7.21M

Phosphoric Acid’s highest export potential is France. With an export gap of $1.96M.   Phosphoric Acid’s highest import potential is China with an import gap of $7.21M.

See methodology.

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