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2023
Exports $610MWorld Rnk 8 / 201
Flag Rnk 144 / 1215
2023
Destination $33.3M France
2022 - 2023
FASTEST GROWING MARKET $33.3MFrance
2023
PRODUCT COMPLEXITY IN Sauces and Seasonings-0.56Rnk 724 / 1025
2023
Imports $302MWorld Rnk 15 / 226
Flag Rnk 278 / 1214
2023
Origin $14.9M Germany
2022 - 2023
FASTEST GROWING ORIGIN $14.9MGermany
2023
ECONOMIC COMPLEXITY of Spain0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $610M in Sauces and Seasonings, making it the 8th largest exporter of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 144th most exported product in Spain. The main destination of Sauces and Seasonings exports from Spain are: France ($158M), Portugal ($75.2M), United Kingdom ($73.9M), Netherlands ($42.8M), and Italy ($33.4M).

The fastest growing export markets for Sauces and Seasonings of Spain between 2022 and 2023 were France ($33.3M), Portugal ($26.1M), and Germany ($14.6M).

Imports In 2023, Spain imported $302M in Sauces and Seasonings, becoming the 15th largest importer of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 278th most imported product in Spain. Spain imports Sauces and Seasonings primarily from: Germany ($57.9M), Netherlands ($51.4M), Italy ($45.4M), France ($28.2M), and United Kingdom ($18.2M).

The fastest growing import markets in Sauces and Seasonings for Spain between 2022 and 2023 were Germany ($14.9M), Italy ($8.69M), and Portugal ($5.76M).

COMPANIES In 2024, leading companies such as Certified Origins (4) were at the forefront of shipping Sauces and Seasonings from Spain to the United States.

Latest Trends

December 2024

About

Overview In December 2024 Spain's Sauces and Seasonings exports accounted up to €40.9M and imports accounted up to €25M, resulting in a positive trade balance of €15.8M. Between December 2023 and December 2024 the exports of Spain's   Sauces and Seasonings have increased by €2.28M (5.91%) from €38.6M to €40.9M, while imports increased by €4.28M (20.6%) from €20.8M to €25M.

Destinations In December 2024, Sauces and Seasonings were exported mostly to France (€11.1M), Portugal (€3.59M), Italy (€3.46M), United Kingdom (€2.89M), and Germany (€2.65M), and were imported mostly from Italy (€4.94M), Netherlands (€4.3M), Germany (€3.56M), France (€2.67M), and United Kingdom (€1.56M).

Growth In December 2024, the increase in Sauces and Seasonings's year-by-year exports was explained primarily by an increase in exports to France (€1.81M or 15.6%), Germany (€1.4M or 74.9%), and Netherlands (€1.08M or 37.3%). In December 2024, the increase in Sauces and Seasonings's year-by-year imports was explained primarily by an increase in imports from Germany (€520k or 13.5%), Italy (€466k or 16%), and China (€284k or 70.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)€2.28M(5.91%)
IMPORT GROWTH (December 2023 - December 2024)€4.28M(20.6%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)France€11.1M

This section shows Sauces and Seasonings'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 Sauces and Seasonings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$610M
IMPORTS (2023)$302M
NET TRADE (2023)$308M

In 2023, Spain exported $610M in Sauces and Seasonings. The main destinations of Spain exports on Sauces and Seasonings were France ($158M), Portugal ($75.2M), United Kingdom ($73.9M), Netherlands ($42.8M), and Italy ($33.4M).

In 2023, Spain imported $302M in Sauces and Seasonings, mainly from Germany ($57.9M), Netherlands ($51.4M), Italy ($45.4M), France ($28.2M), and United Kingdom ($18.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Sauces and Seasonings EXPORT MARKETS FOR Spain WERE (2022 - 2023):
France$33.3M (26.6%)
Portugal$26.1M (53.3%)
Germany$14.6M (119%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sauces and Seasonings BY Spain WERE (2022 - 2023):
Poland-$3.64M (-25.1%)
Russia-$3.61M (-41.1%)
Morocco-$3.3M (-14.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Sauces and Seasonings were:
United States $2.3B
Italy $1.8B
China $1.6B
In 2023, Spain's main importing competitors in Sauces and Seasonings were:
United States $2.2B
United Kingdom $1.28B
France $1.1B

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Trade Value of Sauces and Seasonings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $15.3M
TOP IMPORT POTENTIALFrance+ $8.17M

Sauces and Seasonings’s highest export potential is France. With an export gap of $15.3M.   Sauces and Seasonings’s highest import potential is France with an import gap of $8.17M.

See methodology.

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