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2022
Exports $4.64MWorld Rnk 38 / 92
Flag Rnk 1016 / 1214
2022
Destination $254k Portugal
2021 - 2022
FASTEST GROWING MARKET $254kSlovenia
2022
PRODUCT COMPLEXITY IN Pig Iron-1.18Rnk 876 / 1025
2022
Imports $149MWorld Rnk 8 / 141
Flag Rnk 439 / 1214
2022
Origin $20.1M Ukraine
2021 - 2022
FASTEST GROWING ORIGIN $20.1MRussia
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $4.64M in Pig Iron, making it the 38th largest exporter of Pig Iron in the world. At the same year, Pig Iron was the 1016th most exported product in Spain. The main destination of Pig Iron exports from Spain are: Portugal ($1.76M), France ($1.59M), Slovenia ($256k), Netherlands ($249k), and China ($209k).

The fastest growing export markets for Pig Iron of Spain between 2021 and 2022 were Slovenia ($254k), Netherlands ($212k), and China ($150k).

Imports In 2022, Spain imported $149M in Pig Iron, becoming the 8th largest importer of Pig Iron in the world. At the same year, Pig Iron was the 439th most imported product in Spain. Spain imports Pig Iron primarily from: Ukraine ($45.2M), Russia ($28M), South Africa ($24.6M), Brazil ($11.5M), and France ($11.1M).

The fastest growing import markets in Pig Iron for Spain between 2021 and 2022 were Russia ($20.1M), South Africa ($11.5M), and Brazil ($5.05M).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Pig Iron exports accounted up to €180k and imports accounted up to €14.7M, resulting in a negative trade balance of €14.6M. Between June 2023 and June 2024 the exports of Spain's   Pig Iron have increased by €32.3k (21.9%) from €147k to €180k, while imports increased by €12.3M (501%) from €2.45M to €14.7M.

Destinations In June 2024, Pig Iron were exported mostly to Portugal (€96.9k), France (€78.4k), Ecuador (€3.04k), and Turkey (€1.16k), and were imported mostly from Russia (€6.38M), South Africa (€5.74M), Netherlands (€668k), Austria (€578k), and Germany (€535k).

Growth In June 2024, the increase in Pig Iron's year-by-year exports was explained primarily by an increase in exports to Portugal (€27.6k or 45.8%). In June 2024, the increase in Pig Iron's year-by-year imports was explained primarily by an increase in imports from South Africa (€294k or 14%), Germany (€211k or 47.4%), and Austria (€125k or 54.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€32.3k(21.9%)
IMPORT GROWTH (June 2023 - June 2024)€12.3M(501%)
MAIN EXPORTER (June 2024)Guipúzcoa€1.74M
MAIN DESTINATION (June 2024)Portugal€96.9k

This section shows Pig Iron'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 Pig Iron over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.64M
IMPORTS (2022)$149M
NET TRADE (2022)-$145M

In 2022, Spain exported $4.64M in Pig Iron. The main destinations of Spain exports on Pig Iron were Portugal ($1.76M), France ($1.59M), Slovenia ($256k), Netherlands ($249k), and China ($209k).

In 2022, Spain imported $149M in Pig Iron, mainly from Ukraine ($45.2M), Russia ($28M), South Africa ($24.6M), Brazil ($11.5M), and France ($11.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pig Iron EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Slovenia$254k (17.1k%)
Netherlands$212k (572%)
China$150k (255%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pig Iron BY Spain WERE (2021 - 2022):
Portugal-$1.68M (-48.9%)
Italy-$1.04M (-86.2%)
Romania-$964k (-99.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Pig Iron were:
Brazil $2.3B
Russia $1.78B
Ukraine $668M
In 2022, Spain's main importing competitors in Pig Iron were:
United States $2.87B
Italy $705M
Turkey $666M

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Trade Value of Pig Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $464k
TOP IMPORT POTENTIALBrazil+ $6.97M

Pig Iron’s highest export potential is France. With an export gap of $464k.   Pig Iron’s highest import potential is Brazil with an import gap of $6.97M.

See methodology.

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