Precious Metal Scraps in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $518M in Precious Metal Scraps, making it the 15th largest exporter of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 170th most exported product in Spain. The main destination of Precious Metal Scraps exports from Spain are: Japan ($157M), United Kingdom ($133M), Germany ($54.8M), United States ($46.6M), and Belgium ($45.2M).

The fastest growing export markets for Precious Metal Scraps of Spain between 2021 and 2022 were Japan ($124M), United Kingdom ($76.3M), and Belgium ($19.8M).

Imports In 2022, Spain imported $1.31B in Precious Metal Scraps, becoming the 8th largest importer of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 77th most imported product in Spain. Spain imports Precious Metal Scraps primarily from: United Kingdom ($678M), France ($568M), Netherlands ($30M), Portugal ($9.02M), and Poland ($5.42M).

The fastest growing import markets in Precious Metal Scraps for Spain between 2021 and 2022 were United Kingdom ($415M), France ($412M), and Portugal ($6.76M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Precious Metal Scraps from Spain to the United States.

Latest Trends

January 2024

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Overview In January 2024 Spain's Precious Metal Scraps exports accounted up to €32.2M and imports accounted up to €86.7M, resulting in a negative trade balance of €54.5M. Between January 2023 and January 2024 the exports of Spain's Precious Metal Scraps have increased by €7.67M (31.2%) from €24.6M to €32.2M, while imports decreased by €-57.6M (-39.9%) from €144M to €86.7M.

Destinations In January 2024, Precious Metal Scraps were exported mostly to Italy (€29.6M), Belgium (€1.07M), Japan (€698k), United Kingdom (€535k), and Poland (€144k), and were imported mostly from N/A.

Growth In January 2024, the increase in Precious Metal Scraps's year-by-year exports was explained primarily by an increase in exports to Italy (€6.17M or 13.5k%), Japan (€514k or 17.9%), and South Korea (€14.7k or 57.5%). In January 2024, the decrease in Precious Metal Scraps's year-by-year imports was explained primarily by a decrease in imports from Italy (€-3.16M or -99.1%), Czechia (€-356k or -95.7%), and Romania (€-78.9k or -95.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€7.67M(31.2%)

IMPORT GROWTH (January 2023 - January 2024)€-57.6M(-39.9%)

MAIN EXPORTER (January 2024)Madrid€29.5M

MAIN DESTINATION (January 2024)Italy€29.6M

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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