Precious Metal Scraps in Spain 2021 Exports | Imports : $325M | $526M, World Rnk 21 / 176 Rnk 245 / 1214 | World Rnk 13 / 127 Rnk 166 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $50.2M | $32.5M, United Kingdom | France
2021 ECONOMIC COMPLEXITY of Spain: 0.78, Rnk 35 / 131
2021 PRODUCT COMPLEXITY IN Precious Metal Scraps: -0.72, Rnk 752 / 1029
Exports In 2021, Spain exported $325M in Precious Metal Scraps, making it the 21st largest exporter of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 245th most exported product in Spain. The main destination of Precious Metal Scraps exports from Spain are: United Kingdom ($57.8M), Czechia ($50.7M), South Korea ($36.2M), Germany ($33.8M), and Italy ($33.3M).
The fastest growing export markets for Precious Metal Scraps of Spain between 2020 and 2021 were United Kingdom ($50.2M), Czechia ($48.1M), and United States ($23.6M).
Imports In 2021, Spain imported $526M in Precious Metal Scraps, becoming the 13th largest importer of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 166th most imported product in Spain. Spain imports Precious Metal Scraps primarily from: United Kingdom ($263M), France ($153M), Netherlands ($90.3M), Germany ($8.36M), and Finland ($3.28M).
The fastest growing import markets in Precious Metal Scraps for Spain between 2020 and 2021 were France ($32.5M), Germany ($3.7M), and Finland ($3.28M).
March 2023
Overview In March 2023 Spain's Precious Metal Scraps exports accounted up to €25.5M and imports accounted up to €146M, resulting in a negative trade balance of €120M. Between March 2022 and March 2023 the exports of Spain's Precious Metal Scraps have increased by €3.89M (18%) from €21.6M to €25.5M, while imports decreased by €-39.7M (-21.4%) from €185M to €146M.
Destinations In March 2023, Precious Metal Scraps were exported mostly to Italy (€13.4M), United Kingdom (€7.59M), Japan (€2.08M), Belgium (€1.51M), and Germany (€501k), and were imported mostly from France (€79.1M), United Kingdom (€58.5M), Netherlands (€6.25M), Portugal (€1.2M), and Nigeria (€234k).
Growth In March 2023, the increase in Precious Metal Scraps's year-by-year exports was explained primarily by an increase in exports to United Kingdom (€25.8M or 1.34k%), Portugal (€126k or 63.1%), and Germany (€121k or 247%). In March 2023, the decrease in Precious Metal Scraps's year-by-year imports was explained primarily by a decrease in imports from Netherlands (€-736k or -8.25%).
EXPORT GROWTH (March 2022 - March 2023): €3.89M, (18%)
IMPORT GROWTH (March 2022 - March 2023): €-39.7M, (-21.4%)
MAIN EXPORTER (March 2023): Madrid, €22M
MAIN DESTINATION (March 2023): Italy, €13.4M
This section shows Precious Metal Scraps'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 Precious Metal Scraps over time.
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EXPORTS (2021): $325M
IMPORTS (2021): $526M
NET TRADE (2021): -$201M
In 2021, Spain exported $325M in Precious Metal Scraps. The main destinations of Spain exports on Precious Metal Scraps were United Kingdom ($57.8M), Czechia ($50.7M), South Korea ($36.2M), Germany ($33.8M), and Italy ($33.3M).
In 2021, Spain imported $526M in Precious Metal Scraps, mainly from United Kingdom ($263M), France ($153M), Netherlands ($90.3M), Germany ($8.36M), and Finland ($3.28M).
THE FASTEST GROWING Precious Metal Scraps EXPORT MARKETS FOR Spain WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Scraps BY Spain WERE (2020 - 2021):
In 2021, Spain's main exporting competitors in Precious Metal Scraps were:
In 2021, Spain's main importing competitors in Precious Metal Scraps were:
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