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Pricing

2022
Exports $25.1MWorld Rnk 8 / 184
Flag Rnk 776 / 1214
2022
Destination $2.72M France
2021 - 2022
FASTEST GROWING MARKET $2.72MSaudi Arabia
2022
PRODUCT COMPLEXITY IN Tool Sets0.9Rnk 208 / 1025
2022
Imports $39.9MWorld Rnk 10 / 218
Flag Rnk 722 / 1214
2022
Origin $1.75M China
2021 - 2022
FASTEST GROWING ORIGIN $1.75MChina
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $25.1M in Tool Sets, making it the 8th largest exporter of Tool Sets in the world. At the same year, Tool Sets was the 776th most exported product in Spain. The main destination of Tool Sets exports from Spain are: France ($5.88M), Saudi Arabia ($2.8M), Portugal ($2.28M), Italy ($2.09M), and Germany ($1.86M).

The fastest growing export markets for Tool Sets of Spain between 2021 and 2022 were Saudi Arabia ($2.72M), Mexico ($427k), and Peru ($329k).

Imports In 2022, Spain imported $39.9M in Tool Sets, becoming the 10th largest importer of Tool Sets in the world. At the same year, Tool Sets was the 722nd most imported product in Spain. Spain imports Tool Sets primarily from: China ($16.6M), Germany ($7.05M), Portugal ($2.36M), Netherlands ($1.98M), and Chinese Taipei ($1.84M).

The fastest growing import markets in Tool Sets for Spain between 2021 and 2022 were China ($1.75M), Canada ($1.29M), and Netherlands ($1.28M).

Latest Trends

October 2024

About

Overview In October 2024 Spain's Tool Sets exports accounted up to €2.5M and imports accounted up to €3.01M, resulting in a negative trade balance of €506k. Between October 2023 and October 2024 the exports of Spain's   Tool Sets have increased by €325k (14.9%) from €2.18M to €2.5M, while imports decreased by €-446k (-12.9%) from €3.45M to €3.01M.

Destinations In October 2024, Tool Sets were exported mostly to France (€377k), Sweden (€364k), Portugal (€265k), Italy (€221k), and Germany (€137k), and were imported mostly from China (€1.66M), Germany (€716k), Italy (€155k), Chinese Taipei (€117k), and Rest of the world (€73.1k).

Growth In October 2024, the increase in Tool Sets's year-by-year exports was explained primarily by an increase in exports to France (€820k or 274%), Portugal (€122k or 91.3%), and Italy (€108k or 65.9%). In October 2024, the decrease in Tool Sets's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei (€-295k or -91.1%), Ireland (€-108k or -99.3%), and Italy (€-14.1k or -10.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€325k(14.9%)
IMPORT GROWTH (October 2023 - October 2024)€-446k(-12.9%)
MAIN EXPORTER (October 2024)Álava€1.46M
MAIN DESTINATION (October 2024)France€377k

This section shows Tool Sets'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 Tool Sets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$25.1M
IMPORTS (2022)$39.9M
NET TRADE (2022)-$14.7M

In 2022, Spain exported $25.1M in Tool Sets. The main destinations of Spain exports on Tool Sets were France ($5.88M), Saudi Arabia ($2.8M), Portugal ($2.28M), Italy ($2.09M), and Germany ($1.86M).

In 2022, Spain imported $39.9M in Tool Sets, mainly from China ($16.6M), Germany ($7.05M), Portugal ($2.36M), Netherlands ($1.98M), and Chinese Taipei ($1.84M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Sets EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Saudi Arabia$2.72M (3.38k%)
Mexico$427k (580%)
Peru$329k (816%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Sets BY Spain WERE (2021 - 2022):
Sweden-$1.17M (-79.5%)
Portugal-$642k (-21.9%)
Romania-$370k (-42.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Tool Sets were:
China $777M
Chinese Taipei $222M
Germany $143M
In 2022, Spain's main importing competitors in Tool Sets were:
Germany $157M
United States $150M
Netherlands $104M

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Trade Value of Tool Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $782k
TOP IMPORT POTENTIALChina+ $1.06M

Tool Sets’s highest export potential is Germany. With an export gap of $782k.   Tool Sets’s highest import potential is China with an import gap of $1.06M.

See methodology.

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