Processed Fish in Spain | The Observatory of Economic Complexity

About

Exports In 2022, Spain exported $1.06B in Processed Fish, making it the 4th largest exporter of Processed Fish in the world. At the same year, Processed Fish was the 71st most exported product in Spain. The main destination of Processed Fish exports from Spain are: Italy ($372M), France ($206M), Portugal ($125M), Netherlands ($85.1M), and United Kingdom ($35.2M).

The fastest growing export markets for Processed Fish of Spain between 2021 and 2022 were Portugal ($18.4M), Greece ($3.59M), and Finland ($3.25M).

Imports In 2022, Spain imported $1.17B in Processed Fish, becoming the 4th largest importer of Processed Fish in the world. At the same year, Processed Fish was the 85th most imported product in Spain. Spain imports Processed Fish primarily from: Ecuador ($374M), China ($106M), Portugal ($79.2M), Papua New Guinea ($77.1M), and Morocco ($73.3M).

The fastest growing import markets in Processed Fish for Spain between 2021 and 2022 were Ecuador ($117M), Mauritius ($36.7M), and Portugal ($33.7M).

COMPANIES In 2023, leading companies such as GOYA FOODS INC (11) and PIRELLI TIRE LLC (4) were at the forefront of shipping Processed Fish from Spain to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Spain's Processed Fish exports accounted up to €78.7M and imports accounted up to €58.4M, resulting in a positive trade balance of €20.4M. Between February 2023 and February 2024 the exports of Spain's Processed Fish have decreased by €-8.5M (-9.74%) from €87.2M to €78.7M, while imports increased by €4.41M (8.17%) from €53.9M to €58.4M.

Destinations In February 2024, Processed Fish were exported mostly to Italy (€31.2M), France (€17.5M), Portugal (€9.38M), United States (€1.98M), and Germany (€1.81M), and were imported mostly from Ecuador (€14.5M), Morocco (€8.3M), Portugal (€7.16M), Papua New Guinea (€2.9M), and Solomon Islands (€2.42M).

Growth In February 2024, the decrease in Processed Fish's year-by-year exports was explained primarily by a decrease in exports to France (€-3.74M or -22.1%), Libya (€-652k or -99.6%), and Chile (€-564k or -76.1%). In February 2024, the increase in Processed Fish's year-by-year imports was explained primarily by an increase in imports from China (€15.3M or 17.6%), Indonesia (€10.3M or 122%), and Mauritius (€8.8M or 184%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€-8.5M(-9.74%)

IMPORT GROWTH (February 2023 - February 2024)€4.41M(8.17%)

MAIN EXPORTER (February 2024)A Coruña€39.8M

MAIN DESTINATION (February 2024)Italy€31.2M

This section shows Processed Fish'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 Processed Fish over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.06B

IMPORTS (2022)$1.17B

NET TRADE (2022)-$114M

In 2022, Spain exported $1.06B in Processed Fish. The main destinations of Spain exports on Processed Fish were Italy ($372M), France ($206M), Portugal ($125M), Netherlands ($85.1M), and United Kingdom ($35.2M).

In 2022, Spain imported $1.17B in Processed Fish, mainly from Ecuador ($374M), China ($106M), Portugal ($79.2M), Papua New Guinea ($77.1M), and Morocco ($73.3M).

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