Soil Preparation Machinery in Spain | The Observatory of Economic Complexity

About

Exports In 2022, Spain exported $228M in Soil Preparation Machinery, making it the 14th largest exporter of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 320th most exported product in Spain. The main destination of Soil Preparation Machinery exports from Spain are: France ($52.2M), Germany ($23.1M), United States ($22M), Portugal ($19.5M), and Lithuania ($7.49M).

The fastest growing export markets for Soil Preparation Machinery of Spain between 2021 and 2022 were United States ($9.03M), Germany ($3.37M), and Sweden ($2.33M).

Imports In 2022, Spain imported $180M in Soil Preparation Machinery, becoming the 19th largest importer of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 392nd most imported product in Spain. Spain imports Soil Preparation Machinery primarily from: Italy ($42.8M), Germany ($33.8M), China ($32.4M), France ($22.9M), and Netherlands ($6.05M).

The fastest growing import markets in Soil Preparation Machinery for Spain between 2021 and 2022 were Germany ($3.62M), Argentina ($1.83M), and India ($1.26M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Soil Preparation Machinery from Spain to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Spain's Soil Preparation Machinery exports accounted up to €13.2M and imports accounted up to €12.5M, resulting in a positive trade balance of €628k. Between January 2023 and January 2024 the exports of Spain's Soil Preparation Machinery have decreased by €-2.89M (-18%) from €16.1M to €13.2M, while imports increased by €1.4M (12.6%) from €11.1M to €12.5M.

Destinations In January 2024, Soil Preparation Machinery were exported mostly to France (€3.22M), Germany (€1.99M), Portugal (€1.62M), United States (€1.07M), and Chile (€427k), and were imported mostly from Germany (€2.53M), Italy (€2.52M), China (€1.98M), France (€1.69M), and Sweden (€1.05M).

Growth In January 2024, the decrease in Soil Preparation Machinery's year-by-year exports was explained primarily by a decrease in exports to Czechia (€-341k or -71.3%), Turkey (€-282k or -87.8%), and Ireland (€-241k or -70.6%). In January 2024, the increase in Soil Preparation Machinery's year-by-year imports was explained primarily by an increase in imports from Italy (€843k or 48.8%), Sweden (€747k or 146%), and United Kingdom (€139k or 427%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-2.89M(-18%)

IMPORT GROWTH (January 2023 - January 2024)€1.4M(12.6%)

MAIN EXPORTER (January 2024)Guipúzcoa€3.22M

MAIN DESTINATION (January 2024)France€3.22M

This section shows Soil Preparation Machinery'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 Soil Preparation Machinery over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$228M

IMPORTS (2022)$180M

NET TRADE (2022)$48.8M

In 2022, Spain exported $228M in Soil Preparation Machinery. The main destinations of Spain exports on Soil Preparation Machinery were France ($52.2M), Germany ($23.1M), United States ($22M), Portugal ($19.5M), and Lithuania ($7.49M).

In 2022, Spain imported $180M in Soil Preparation Machinery, mainly from Italy ($42.8M), Germany ($33.8M), China ($32.4M), France ($22.9M), and Netherlands ($6.05M).

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