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Pricing

2022
Exports $95.4MWorld Rnk 7 / 78
Flag Rnk 489 / 1214
2022
Destination $8.89M United Kingdom
2021 - 2022
FASTEST GROWING MARKET $8.89MOman
2022
PRODUCT COMPLEXITY IN Tanks and Armored vehicles-0.46Rnk 688 / 1025
2022
Imports $76.9MWorld Rnk 15 / 130
Flag Rnk 592 / 1214
2022
Origin $6.89M United Kingdom
2021 - 2022
FASTEST GROWING ORIGIN $6.89MSwitzerland
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $95.4M in Tanks and Armored vehicles, making it the 7th largest exporter of Tanks and Armored vehicles in the world. At the same year, Tanks and Armored vehicles was the 489th most exported product in Spain. The main destination of Tanks and Armored vehicles exports from Spain are: United Kingdom ($46.3M), Oman ($14.6M), Egypt ($5.64M), France ($3.96M), and Switzerland ($3.16M).

The fastest growing export markets for Tanks and Armored vehicles of Spain between 2021 and 2022 were Oman ($8.89M), Egypt ($4.08M), and Mali ($2.6M).

Imports In 2022, Spain imported $76.9M in Tanks and Armored vehicles, becoming the 15th largest importer of Tanks and Armored vehicles in the world. At the same year, Tanks and Armored vehicles was the 592nd most imported product in Spain. Spain imports Tanks and Armored vehicles primarily from: United Kingdom ($26.6M), Germany ($13.9M), Switzerland ($7.86M), Denmark ($7.5M), and Lebanon ($5.5M).

The fastest growing import markets in Tanks and Armored vehicles for Spain between 2021 and 2022 were Switzerland ($6.89M), Lebanon ($5.1M), and Germany ($3.96M).

Latest Trends

September 2024

About

Overview In September 2024 Spain's Tanks and Armored vehicles exports accounted up to €39.1M and imports accounted up to €3.41M, resulting in a positive trade balance of €35.7M. Between September 2023 and September 2024 the exports of Spain's   Tanks and Armored vehicles have increased by €27.3M (232%) from €11.8M to €39.1M, while imports decreased by €-5.47M (-61.6%) from €8.88M to €3.41M.

Destinations In September 2024, Tanks and Armored vehicles were exported mostly to United Kingdom (€38.2M), France (€430k), Germany (€248k), United States (€93.8k), and Chile (€51k), and were imported mostly from United Kingdom (€1.17M), Switzerland (€778k), Denmark (€650k), Germany (€640k), and Netherlands (€71.7k).

Growth In September 2024, the increase in Tanks and Armored vehicles's year-by-year exports was explained primarily by an increase in exports to Germany (€163k or 1.66k%) and France (€31.1k or 16.5%). In September 2024, the decrease in Tanks and Armored vehicles's year-by-year imports was explained primarily by a decrease in imports from Germany (€-449k or -89.6%), Denmark (€-435k or -95.1%), and United States (€-280k or -43.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€27.3M(232%)
IMPORT GROWTH (September 2023 - September 2024)€-5.47M(-61.6%)
MAIN EXPORTER (September 2024)Madrid€55.9M
MAIN DESTINATION (September 2024)United Kingdom€38.2M

This section shows Tanks and Armored vehicles'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 Tanks and Armored vehicles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$95.4M
IMPORTS (2022)$76.9M
NET TRADE (2022)$18.5M

In 2022, Spain exported $95.4M in Tanks and Armored vehicles. The main destinations of Spain exports on Tanks and Armored vehicles were United Kingdom ($46.3M), Oman ($14.6M), Egypt ($5.64M), France ($3.96M), and Switzerland ($3.16M).

In 2022, Spain imported $76.9M in Tanks and Armored vehicles, mainly from United Kingdom ($26.6M), Germany ($13.9M), Switzerland ($7.86M), Denmark ($7.5M), and Lebanon ($5.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tanks and Armored vehicles EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Oman$8.89M (156%)
Egypt$4.08M (262%)
Mali$2.6M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tanks and Armored vehicles BY Spain WERE (2021 - 2022):
United Kingdom-$343M (-88.1%)
Portugal-$5.73M (-94.6%)
Algeria-$2.11M (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Tanks and Armored vehicles were:
United States $954M
Canada $954M
Germany $377M
In 2022, Spain's main importing competitors in Tanks and Armored vehicles were:
Saudi Arabia $674M
United States $379M
Kuwait $304M

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Trade Value of Tanks and Armored vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.95M
TOP IMPORT POTENTIALUnited States+ $2.12M

Tanks and Armored vehicles’s highest export potential is United States. With an export gap of $1.95M.   Tanks and Armored vehicles’s highest import potential is United States with an import gap of $2.12M.

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