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2023
Exports $34.2MWorld Rnk 22 / 130
Flag Rnk 723 / 1215
2023
Destination $4.04M United States
2022 - 2023
FASTEST GROWING MARKET $4.04MUnited States
2023
PRODUCT COMPLEXITY IN Titanium0.16Rnk 503 / 1025
2023
Imports $115MWorld Rnk 17 / 185
Flag Rnk 468 / 1214
2023
Origin $4.85M United States
2022 - 2023
FASTEST GROWING ORIGIN $4.85MFrance
2023
ECONOMIC COMPLEXITY of Spain0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $34.2M in Titanium, making it the 22nd largest exporter of Titanium in the world. At the same year, Titanium was the 723rd most exported product in Spain. The main destination of Titanium exports from Spain are: United States ($6.94M), France ($6.07M), China ($5.72M), United Kingdom ($3.11M), and Germany ($2.68M).

The fastest growing export markets for Titanium of Spain between 2022 and 2023 were United States ($4.04M), France ($1.74M), and Germany ($582k).

Imports In 2023, Spain imported $115M in Titanium, becoming the 17th largest importer of Titanium in the world. At the same year, Titanium was the 468th most imported product in Spain. Spain imports Titanium primarily from: United States ($31.1M), France ($18.5M), Germany ($15.5M), United Kingdom ($13.9M), and China ($10.9M).

The fastest growing import markets in Titanium for Spain between 2022 and 2023 were France ($4.85M), Japan ($4.5M), and United Kingdom ($3.51M).

Latest Trends

November 2024

About

Overview In November 2024 Spain's Titanium exports accounted up to €3.63M and imports accounted up to €9.91M, resulting in a negative trade balance of €6.28M. Between November 2023 and November 2024 the exports of Spain's   Titanium have increased by €800k (28.3%) from €2.83M to €3.63M, while imports increased by €1.17M (13.4%) from €8.74M to €9.91M.

Destinations In November 2024, Titanium were exported mostly to France (€1.2M), United States (€1.19M), Germany (€312k), Portugal (€208k), and Turkey (€84.8k), and were imported mostly from United States (€1.92M), France (€1.75M), Germany (€1.22M), Russia (€1.2M), and Luxembourg (€1.04M).

Growth In November 2024, the increase in Titanium's year-by-year exports was explained primarily by an increase in exports to France (€531k or 72.7%), United States (€165k or 213%), and Germany (€147k or 71.3%). In November 2024, the increase in Titanium's year-by-year imports was explained primarily by an increase in imports from Italy (€1.44M or 1.44k%), United States (€1.36M or 68.5%), and China (€889k or 155%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€800k(28.3%)
IMPORT GROWTH (November 2023 - November 2024)€1.17M(13.4%)
MAIN EXPORTER (November 2024)Guipúzcoa€2.35M
MAIN DESTINATION (November 2024)France€1.2M

This section shows Titanium'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 Titanium over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$34.2M
IMPORTS (2023)$115M
NET TRADE (2023)-$81.2M

In 2023, Spain exported $34.2M in Titanium. The main destinations of Spain exports on Titanium were United States ($6.94M), France ($6.07M), China ($5.72M), United Kingdom ($3.11M), and Germany ($2.68M).

In 2023, Spain imported $115M in Titanium, mainly from United States ($31.1M), France ($18.5M), Germany ($15.5M), United Kingdom ($13.9M), and China ($10.9M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Titanium EXPORT MARKETS FOR Spain WERE (2022 - 2023):
United States$4.04M (139%)
France$1.74M (40.1%)
Germany$582k (27.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Titanium BY Spain WERE (2022 - 2023):
Estonia-$3.58M (-96.7%)
Romania-$1.02M (-96.1%)
Italy-$708k (-96.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Titanium were:
United States $1.99B
China $933M
Japan $824M
In 2023, Spain's main importing competitors in Titanium were:
United States $1.06B
Germany $1.02B
France $966M

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Trade Value of Titanium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $3.36M
TOP IMPORT POTENTIALFrance+ $4.53M

Titanium’s highest export potential is France. With an export gap of $3.36M.   Titanium’s highest import potential is France with an import gap of $4.53M.

See methodology.

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