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2022
Exports $55.6MWorld Rnk 15 / 126
Flag Rnk 619 / 1214
2022
Destination $2.96M Germany
2021 - 2022
FASTEST GROWING MARKET $2.96MGermany
2022
PRODUCT COMPLEXITY IN Stainless Steel Wire1.38Rnk 74 / 1025
2022
Imports $51.7MWorld Rnk 20 / 202
Flag Rnk 670 / 1214
2022
Origin $2.3M India
2021 - 2022
FASTEST GROWING ORIGIN $2.3MGermany
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $55.6M in Stainless Steel Wire, making it the 15th largest exporter of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 619th most exported product in Spain. The main destination of Stainless Steel Wire exports from Spain are: Germany ($17.5M), Italy ($11.9M), France ($7.64M), Portugal ($4.1M), and Netherlands ($3.49M).

The fastest growing export markets for Stainless Steel Wire of Spain between 2021 and 2022 were Germany ($2.96M), Italy ($2.07M), and Switzerland ($1.66M).

Imports In 2022, Spain imported $51.7M in Stainless Steel Wire, becoming the 20th largest importer of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 670th most imported product in Spain. Spain imports Stainless Steel Wire primarily from: India ($9.23M), Germany ($8.26M), South Korea ($7.85M), Netherlands ($5.89M), and Czechia ($4.34M).

The fastest growing import markets in Stainless Steel Wire for Spain between 2021 and 2022 were Germany ($2.3M), India ($1.87M), and Italy ($633k).

Latest Trends

September 2024

About

Overview In September 2024 Spain's Stainless Steel Wire exports accounted up to €2.12M and imports accounted up to €2.55M, resulting in a negative trade balance of €438k. Between September 2023 and September 2024 the exports of Spain's   Stainless Steel Wire have decreased by €-80.6k (-3.67%) from €2.2M to €2.12M, while imports decreased by €-755k (-22.8%) from €3.31M to €2.55M.

Destinations In September 2024, Stainless Steel Wire were exported mostly to Germany (€739k), Italy (€578k), France (€315k), Netherlands (€164k), and Portugal (€122k), and were imported mostly from India (€486k), Germany (€434k), China (€363k), Japan (€295k), and South Korea (€215k).

Growth In September 2024, the decrease in Stainless Steel Wire's year-by-year exports was explained primarily by a decrease in exports to Italy (€-1.09M or -78.5%), Germany (€-398k or -34%), and Portugal (€-190k or -53.3%). In September 2024, the decrease in Stainless Steel Wire's year-by-year imports was explained primarily by a decrease in imports from South Korea (€-809k or -93.7%), India (€-330k or -27%), and Italy (€-104k or -45.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€-80.6k(-3.67%)
IMPORT GROWTH (September 2023 - September 2024)€-755k(-22.8%)
MAIN EXPORTER (September 2024)Madrid€1.82M
MAIN DESTINATION (September 2024)Germany€739k

This section shows Stainless Steel Wire'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 Stainless Steel Wire over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$55.6M
IMPORTS (2022)$51.7M
NET TRADE (2022)$3.95M

In 2022, Spain exported $55.6M in Stainless Steel Wire. The main destinations of Spain exports on Stainless Steel Wire were Germany ($17.5M), Italy ($11.9M), France ($7.64M), Portugal ($4.1M), and Netherlands ($3.49M).

In 2022, Spain imported $51.7M in Stainless Steel Wire, mainly from India ($9.23M), Germany ($8.26M), South Korea ($7.85M), Netherlands ($5.89M), and Czechia ($4.34M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stainless Steel Wire EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Germany$2.96M (20.4%)
Italy$2.07M (20.9%)
Switzerland$1.66M (196%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Wire BY Spain WERE (2021 - 2022):
United Kingdom-$1.41M (-60.5%)
Netherlands-$1.39M (-28.5%)
Denmark-$415k (-54.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Stainless Steel Wire were:
India $526M
China $429M
South Korea $291M
In 2022, Spain's main importing competitors in Stainless Steel Wire were:
Germany $435M
United States $345M
Italy $226M

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Trade Value of Stainless Steel Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $2.24M
TOP IMPORT POTENTIALIndia+ $2.98M

Stainless Steel Wire’s highest export potential is France. With an export gap of $2.24M.   Stainless Steel Wire’s highest import potential is India with an import gap of $2.98M.

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