2022
Exports
$5.01MWorld Rnk 44 / 162
Flag Rnk 1010 / 1214
2022
PRODUCT COMPLEXITY IN Precious Stones
-1.14Rnk 866 / 1025
2022
Imports
$18.3MWorld Rnk 24 / 185
Flag Rnk 869 / 1214
2022
ECONOMIC COMPLEXITY of Spain
0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $5.01M in Precious Stones, making it the 44th largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 1010th most exported product in Spain. The main destination of Precious Stones exports from Spain are: Hong Kong ($1.45M), United Arab Emirates ($731k), Switzerland ($672k), Thailand ($479k), and United States ($425k).

The fastest growing export markets for Precious Stones of Spain between 2021 and 2022 were Hong Kong ($633k), Switzerland ($287k), and Thailand ($209k).

Imports In 2022, Spain imported $18.3M in Precious Stones, becoming the 24th largest importer of Precious Stones in the world. At the same year, Precious Stones was the 869th most imported product in Spain. Spain imports Precious Stones primarily from: Thailand ($6.49M), India ($2.2M), Brazil ($1.9M), United States ($1.75M), and Hong Kong ($1.2M).

The fastest growing import markets in Precious Stones for Spain between 2021 and 2022 were Thailand ($3.09M), Brazil ($814k), and Hong Kong ($571k).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€106k(50.3%)
IMPORT GROWTH (June 2023 - June 2024)€-482k(-32.7%)
MAIN EXPORTER (June 2024)Madrid€240k
MAIN DESTINATION (June 2024)Hong Kong€82.6k

This section shows Precious Stones'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 Stones over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.01M
IMPORTS (2022)$18.3M
NET TRADE (2022)-$13.3M

In 2022, Spain exported $5.01M in Precious Stones. The main destinations of Spain exports on Precious Stones were Hong Kong ($1.45M), United Arab Emirates ($731k), Switzerland ($672k), Thailand ($479k), and United States ($425k).

In 2022, Spain imported $18.3M in Precious Stones, mainly from Thailand ($6.49M), India ($2.2M), Brazil ($1.9M), United States ($1.75M), and Hong Kong ($1.2M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Stones EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Hong Kong$633k (78%)
Switzerland$287k (74.6%)
Thailand$209k (77.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Stones BY Spain WERE (2021 - 2022):
Israel-$435k (-93.6%)
United States-$287k (-40.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Precious Stones were:
In 2022, Spain's main importing competitors in Precious Stones were:

Explore Visualizations

Trade Value of Precious Stones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $621k
TOP IMPORT POTENTIALIndia+ $1.49M

Precious Stones’s highest export potential is United States. With an export gap of $621k.   Precious Stones’s highest import potential is India with an import gap of $1.49M.

See methodology.

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