Tanks and Armored vehicles in Spain | The Observatory of Economic Complexity

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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).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Tanks and Armored vehicles from Spain to the United States.

Latest Trends

January 2024

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Overview In January 2024 Spain's Tanks and Armored vehicles exports accounted up to €35.1M and imports accounted up to €5.31M, resulting in a positive trade balance of €29.8M. Between January 2023 and January 2024 the exports of Spain's Tanks and Armored vehicles have increased by €31.7M (940%) from €3.38M to €35.1M, while imports increased by €1.25M (30.9%) from €4.06M to €5.31M.

Destinations In January 2024, Tanks and Armored vehicles were exported mostly to United Kingdom (€33M), Switzerland (€523k), Egypt (€375k), France (€372k), and Jordan (€280k), and were imported mostly from United Kingdom (€3.32M), Denmark (€647k), France (€426k), United States (€385k), and Netherlands (€257k).

Growth In January 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 January 2024, the increase in Tanks and Armored vehicles's year-by-year imports was explained primarily by an increase in imports from United Kingdom (€1.52M or 121%), Israel (€382k or 1.26k%), and South Korea (€226k or 127%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€31.7M(940%)

IMPORT GROWTH (January 2023 - January 2024)€1.25M(30.9%)

MAIN EXPORTER (January 2024)Sevilla€25.4M

MAIN DESTINATION (January 2024)United Kingdom€33M

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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