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2022
Exports $69.3MWorld Rnk 42 / 171
Flag Rnk 570 / 1214
2022
Destination $17.9M Portugal
2021 - 2022
FASTEST GROWING MARKET $17.9MPortugal
2022
PRODUCT COMPLEXITY IN Raw Sugar-1.78Rnk 979 / 1025
2022
Imports $761MWorld Rnk 11 / 224
Flag Rnk 132 / 1214
2022
Origin $71.4M France
2021 - 2022
FASTEST GROWING ORIGIN $71.4MFrance
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

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 (9) were at the forefront of shipping Raw Sugar from Spain to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Spain's Raw Sugar exports accounted up to €4.2M and imports accounted up to €62.8M, resulting in a negative trade balance of €58.6M. Between July 2023 and July 2024 the exports of Spain's   Raw Sugar have decreased by €-1.84M (-30.4%) from €6.04M to €4.2M, while imports decreased by €-44M (-41.2%) from €107M to €62.8M.

Destinations In July 2024, Raw Sugar were exported mostly to France (€2.68M), Portugal (€810k), Belgium (€136k), United Kingdom (€113k), and United States (€103k), and were imported mostly from France (€29.3M), Portugal (€10.7M), Cambodia (€5.58M), Morocco (€2.72M), and Netherlands (€2.04M).

Growth In July 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 July 2024, the decrease in Raw Sugar's year-by-year imports was explained primarily by a decrease in imports from Brazil (€-13.3M or -80%), Germany (€-4.36M or -82%), and Belgium (€-226k or -27.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€-1.84M(-30.4%)
IMPORT GROWTH (July 2023 - July 2024)€-44M(-41.2%)
MAIN EXPORTER (July 2024)Valladolid€2.65M
MAIN DESTINATION (July 2024)France€2.68M

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
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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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Sugar EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Portugal$17.9M (109%)
France$3.23M (14.6%)
Greece$1.53M (12.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Sugar BY Spain WERE (2021 - 2022):
United Kingdom-$7.83M (-91.8%)
Oman-$825k (-100%)
Norway-$543k (-89.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Raw Sugar were:
Brazil $11.5B
India $6.03B
Thailand $3.22B
In 2022, Spain's main importing competitors in Raw Sugar were:
Indonesia $2.37B
China $2.25B
United States $1.94B

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Trade Value of Raw Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $1.84M
TOP IMPORT POTENTIALBrazil+ $46.3M

Raw Sugar’s highest export potential is Italy. With an export gap of $1.84M.   Raw Sugar’s highest import potential is Brazil with an import gap of $46.3M.

See methodology.

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