Raw Sugar in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $69.3M in Raw Sugar, making it the 42nd largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 570th most exported product in Spain. The main destination of Raw Sugar exports from Spain are: Portugal ($34.3M), France ($25.3M), Italy ($1.57M), Greece ($1.54M), and Malta ($1.07M).

The fastest growing export markets for Raw Sugar of Spain between 2021 and 2022 were Portugal ($17.9M), France ($3.23M), and Greece ($1.53M).

Imports In 2022, Spain imported $761M in Raw Sugar, becoming the 11th largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 132nd most imported product in Spain. Spain imports Raw Sugar primarily from: France ($296M), Portugal ($117M), Brazil ($109M), Netherlands ($38.4M), and Germany ($29.8M).

The fastest growing import markets in Raw Sugar for Spain between 2021 and 2022 were France ($71.4M), Brazil ($42.7M), and Portugal ($33.6M).

COMPANIES In 2023, leading companies such as BUSA DISTRIBUTION CENTER (27) were at the forefront of shipping Raw Sugar from Spain to the United States.

Latest Trends

January 2024

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Overview In January 2024 Spain's Raw Sugar exports accounted up to €3.67M and imports accounted up to €129M, resulting in a negative trade balance of €125M. Between January 2023 and January 2024 the exports of Spain's Raw Sugar have decreased by €-4.01M (-52.2%) from €7.68M to €3.67M, while imports increased by €27M (26.5%) from €102M to €129M.

Destinations In January 2024, Raw Sugar were exported mostly to Portugal (€1.49M), France (€1.47M), Cuba (€191k), United Kingdom (€152k), and United States (€95.2k), and were imported mostly from South Africa (€41.4M), France (€30.3M), Brazil (€26.9M), Portugal (€10.9M), and Cambodia (€4.83M).

Growth In January 2024, the decrease in Raw Sugar's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (€-107k or -70.8%), Norway (€-85.4k or -99.9%), and Equatorial Guinea (€-6.22k or -72.4%). In January 2024, the increase in Raw Sugar's year-by-year imports was explained primarily by an increase in imports from France (€25.7M or 72.1%), Portugal (€7.38M or 179%), and Mauritius (€3.99M or 304%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-4.01M(-52.2%)

IMPORT GROWTH (January 2023 - January 2024)€27M(26.5%)

MAIN EXPORTER (January 2024)Valladolid€1.15M

MAIN DESTINATION (January 2024)Portugal€1.49M

This section shows Raw Sugar'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 Raw Sugar over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$69.3M

IMPORTS (2022)$761M

NET TRADE (2022)-$692M

In 2022, Spain exported $69.3M in Raw Sugar. The main destinations of Spain exports on Raw Sugar were Portugal ($34.3M), France ($25.3M), Italy ($1.57M), Greece ($1.54M), and Malta ($1.07M).

In 2022, Spain imported $761M in Raw Sugar, mainly from France ($296M), Portugal ($117M), Brazil ($109M), Netherlands ($38.4M), and Germany ($29.8M).

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