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2023
Exports $380MWorld Rnk 10 / 176
Flag Rnk 215 / 1215
2023
Destination $119M Gibraltar
2022 - 2023
FASTEST GROWING MARKET $119MGibraltar
2023
PRODUCT COMPLEXITY IN Recreational Boats0.24Rnk 483 / 1025
2023
Imports $430MWorld Rnk 9 / 219
Flag Rnk 201 / 1214
2023
Origin $16.7M Italy
2022 - 2023
FASTEST GROWING ORIGIN $16.7MUnited Kingdom
2023
ECONOMIC COMPLEXITY of Spain0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $380M in Recreational Boats, making it the 10th largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 215th most exported product in Spain. The main destination of Recreational Boats exports from Spain are: Gibraltar ($210M), United States ($37.7M), Algeria ($29.4M), France ($16.3M), and Italy ($14M).

The fastest growing export markets for Recreational Boats of Spain between 2022 and 2023 were Gibraltar ($119M), Algeria ($20.1M), and Croatia ($5.72M).

Imports In 2023, Spain imported $430M in Recreational Boats, becoming the 9th largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 201st most imported product in Spain. Spain imports Recreational Boats primarily from: Italy ($86.4M), France ($85.5M), United Kingdom ($52.8M), Germany ($25.4M), and Poland ($21.1M).

The fastest growing import markets in Recreational Boats for Spain between 2022 and 2023 were United Kingdom ($16.7M), France ($12.9M), and South Africa ($10.6M).

COMPANIES In 2023, leading companies such as John Deere (26) were at the forefront of shipping Recreational Boats from Spain to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Spain's Recreational Boats exports accounted up to €22.6M and imports accounted up to €20.6M, resulting in a positive trade balance of €2.02M. Between November 2023 and November 2024 the exports of Spain's   Recreational Boats have increased by €4.37M (24%) from €18.2M to €22.6M, while imports increased by €2.05M (11%) from €18.5M to €20.6M.

Destinations In November 2024, Recreational Boats were exported mostly to United Arab Emirates (€5.62M), Algeria (€3.84M), Gibraltar (€3.53M), Italy (€2.98M), and Croatia (€920k), and were imported mostly from France (€6.01M), Rest of the world (€4.69M), United Kingdom (€2.5M), Poland (€2.19M), and Italy (€1.17M).

Growth In November 2024, the increase in Recreational Boats's year-by-year exports was explained primarily by an increase in exports to Canada (€243k or 759%), Mauritania (€120k or 825%), and Denmark (€118k or 70.2%). In November 2024, the increase in Recreational Boats's year-by-year imports was explained primarily by an increase in imports from Italy (€5.01M or 404%), Germany (€1.02M or 153%), and Poland (€546k or 64.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€4.37M(24%)
IMPORT GROWTH (November 2023 - November 2024)€2.05M(11%)
MAIN EXPORTER (November 2024)Baleares€39.5M
MAIN DESTINATION (November 2024)United Arab Emirates€5.62M

This section shows Recreational Boats'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 Recreational Boats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$380M
IMPORTS (2023)$430M
NET TRADE (2023)-$49.7M

In 2023, Spain exported $380M in Recreational Boats. The main destinations of Spain exports on Recreational Boats were Gibraltar ($210M), United States ($37.7M), Algeria ($29.4M), France ($16.3M), and Italy ($14M).

In 2023, Spain imported $430M in Recreational Boats, mainly from Italy ($86.4M), France ($85.5M), United Kingdom ($52.8M), Germany ($25.4M), and Poland ($21.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Recreational Boats EXPORT MARKETS FOR Spain WERE (2022 - 2023):
Gibraltar$119M (132%)
Algeria$20.1M (214%)
Croatia$5.72M (153%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Recreational Boats BY Spain WERE (2022 - 2023):
Antigua and Barbuda-$61.6M (-100%)
Cayman Islands-$10.3M (-100%)
Malta-$9.08M (-92%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Recreational Boats were:
Italy $3.45B
United States $1.7B
Germany $1.55B
In 2023, Spain's main importing competitors in Recreational Boats were:
United States $3.1B
Cayman Islands $1.83B
Canada $920M

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Trade Value of Recreational Boats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $11.3M
TOP IMPORT POTENTIALFrance+ $20.7M

Recreational Boats’s highest export potential is France. With an export gap of $11.3M.   Recreational Boats’s highest import potential is France with an import gap of $20.7M.

See methodology.

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