Rubber Tires in Spain | The Observatory of Economic Complexity

About

Exports In 2022, Spain exported $2.84B in Rubber Tires, making it the 9th largest exporter of Rubber Tires in the world. At the same year, Rubber Tires was the 17th most exported product in Spain. The main destination of Rubber Tires exports from Spain are: France ($575M), Germany ($359M), Portugal ($237M), United States ($197M), and Italy ($152M).

The fastest growing export markets for Rubber Tires of Spain between 2021 and 2022 were France ($53M), United States ($37.7M), and Australia ($34.5M).

Imports In 2022, Spain imported $2.09B in Rubber Tires, becoming the 10th largest importer of Rubber Tires in the world. At the same year, Rubber Tires was the 38th most imported product in Spain. Spain imports Rubber Tires primarily from: Germany ($257M), China ($251M), France ($175M), Poland ($151M), and Portugal ($146M).

The fastest growing import markets in Rubber Tires for Spain between 2021 and 2022 were China ($20.6M), Serbia ($20.5M), and Turkey ($13.1M).

COMPANIES In 2023, leading companies such as YOKOHAMA OFF-HIGHWAY TIRES AMERICA, (585), PIRELLI TIRE LLC (336), and AMERICAN OMNI TRADING (141) were at the forefront of shipping Rubber Tires from Spain to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Spain's Rubber Tires exports accounted up to €295M and imports accounted up to €166M, resulting in a positive trade balance of €129M. Between January 2023 and January 2024 the exports of Spain's Rubber Tires have increased by €23.3M (8.57%) from €272M to €295M, while imports decreased by €-7.41M (-4.27%) from €174M to €166M.

Destinations In January 2024, Rubber Tires were exported mostly to France (€63.9M), Germany (€42.6M), Portugal (€23.6M), United States (€21.2M), and Italy (€18.7M), and were imported mostly from Germany (€18.5M), China (€18.4M), Italy (€15.5M), Poland (€12.4M), and France (€11.8M).

Growth In January 2024, the increase in Rubber Tires's year-by-year exports was explained primarily by an increase in exports to Germany (€19.1M or 149%), Belgium (€10.4M or 262%), and Italy (€8.95M or 133%). In January 2024, the decrease in Rubber Tires's year-by-year imports was explained primarily by a decrease in imports from China (€-5.87M or -21.9%), Thailand (€-1.91M or -27.7%), and Vietnam (€-1.78M or -42.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€23.3M(8.57%)

IMPORT GROWTH (January 2023 - January 2024)€-7.41M(-4.27%)

MAIN EXPORTER (January 2024)Valladolid€98.2M

MAIN DESTINATION (January 2024)France€63.9M

This section shows Rubber Tires'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 Rubber Tires over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.84B

IMPORTS (2022)$2.09B

NET TRADE (2022)$753M

In 2022, Spain exported $2.84B in Rubber Tires. The main destinations of Spain exports on Rubber Tires were France ($575M), Germany ($359M), Portugal ($237M), United States ($197M), and Italy ($152M).

In 2022, Spain imported $2.09B in Rubber Tires, mainly from Germany ($257M), China ($251M), France ($175M), Poland ($151M), and Portugal ($146M).

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