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2023
Exports $1.47BWorld Rnk 11 / 221
Flag Rnk 47 / 1215
2023
Destination $35.5M United States
2022 - 2023
FASTEST GROWING MARKET $35.5MMorocco
2023
PRODUCT COMPLEXITY IN Transmissions1.42Rnk 57 / 1025
2023
Imports $1.13BWorld Rnk 17 / 224
Flag Rnk 84 / 1214
2023
Origin $70.1M Germany
2022 - 2023
FASTEST GROWING ORIGIN $70.1MGermany
2023
ECONOMIC COMPLEXITY of Spain0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $1.47B in Transmissions, making it the 11th largest exporter of Transmissions in the world. At the same year, Transmissions was the 47th most exported product in Spain. The main destination of Transmissions exports from Spain are: United States ($299M), Germany ($248M), Poland ($114M), Brazil ($108M), and United Kingdom ($86.4M).

The fastest growing export markets for Transmissions of Spain between 2022 and 2023 were Morocco ($35.5M), Poland ($33.3M), and Germany ($16.6M).

Imports In 2023, Spain imported $1.13B in Transmissions, becoming the 17th largest importer of Transmissions in the world. At the same year, Transmissions was the 84th most imported product in Spain. Spain imports Transmissions primarily from: Germany ($389M), China ($173M), Italy ($121M), France ($75.2M), and India ($44.1M).

The fastest growing import markets in Transmissions for Spain between 2022 and 2023 were Germany ($70.1M), France ($17.4M), and Turkey ($16.7M).

COMPANIES In 2023, leading companies such as John Deere (36), Nissan (9), and Ford Motor Company (2) were at the forefront of shipping Transmissions from Spain to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Spain's Transmissions exports accounted up to €83.5M and imports accounted up to €85.1M, resulting in a negative trade balance of €1.65M. Between November 2023 and November 2024 the exports of Spain's   Transmissions have decreased by €-15.1M (-15.3%) from €98.6M to €83.5M, while imports decreased by €-7.72M (-8.32%) from €92.8M to €85.1M.

Destinations In November 2024, Transmissions were exported mostly to United States (€19.7M), Germany (€8.75M), Brazil (€6.7M), United Kingdom (€6.28M), and France (€5.29M), and were imported mostly from Germany (€22M), China (€21M), Italy (€8.1M), France (€4.2M), and Denmark (€3.6M).

Growth In November 2024, the decrease in Transmissions's year-by-year exports was explained primarily by a decrease in exports to Denmark (€-2.47M or -93.4%), Japan (€-354k or -43.7%), and Algeria (€-246k or -94.3%). In November 2024, the decrease in Transmissions's year-by-year imports was explained primarily by a decrease in imports from China (€-854k or -6.58%), Germany (€-452k or -2.25%), and Netherlands (€-442k or -43%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€-15.1M(-15.3%)
IMPORT GROWTH (November 2023 - November 2024)€-7.72M(-8.32%)
MAIN EXPORTER (November 2024)Madrid€36.3M
MAIN DESTINATION (November 2024)United States€19.7M

This section shows Transmissions'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 Transmissions over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.47B
IMPORTS (2023)$1.13B
NET TRADE (2023)$344M

In 2023, Spain exported $1.47B in Transmissions. The main destinations of Spain exports on Transmissions were United States ($299M), Germany ($248M), Poland ($114M), Brazil ($108M), and United Kingdom ($86.4M).

In 2023, Spain imported $1.13B in Transmissions, mainly from Germany ($389M), China ($173M), Italy ($121M), France ($75.2M), and India ($44.1M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Transmissions EXPORT MARKETS FOR Spain WERE (2022 - 2023):
Morocco$35.5M (532%)
Poland$33.3M (41.4%)
Germany$16.6M (7.18%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Transmissions BY Spain WERE (2022 - 2023):
United States-$67.7M (-18.4%)
Brazil-$44.4M (-29.2%)
India-$3.99M (-23.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Transmissions were:
Germany $13.5B
China $11.2B
United States $8.08B
In 2023, Spain's main importing competitors in Transmissions were:
United States $10.9B
Germany $6.88B
China $5.17B

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Trade Value of Transmissions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $54.8M
TOP IMPORT POTENTIALChina+ $65.9M

Transmissions’s highest export potential is Germany. With an export gap of $54.8M.   Transmissions’s highest import potential is China with an import gap of $65.9M.

See methodology.

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