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2022
Exports $57MWorld Rnk 26 / 170
Flag Rnk 613 / 1214
2022
Destination $4.8M Portugal
2021 - 2022
FASTEST GROWING MARKET $4.8MIraq
2022
PRODUCT COMPLEXITY IN Utility Meters0.046Rnk 536 / 1025
2022
Imports $122MWorld Rnk 17 / 219
Flag Rnk 473 / 1214
2022
Origin $4.86M France
2021 - 2022
FASTEST GROWING ORIGIN $4.86MFrance
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $57M in Utility Meters, making it the 26th largest exporter of Utility Meters in the world. At the same year, Utility Meters was the 613th most exported product in Spain. The main destination of Utility Meters exports from Spain are: Portugal ($7.64M), Israel ($7.25M), Iraq ($6.08M), United Kingdom ($5.94M), and Netherlands ($5.11M).

The fastest growing export markets for Utility Meters of Spain between 2021 and 2022 were Iraq ($4.8M), China ($2.22M), and Italy ($1.56M).

Imports In 2022, Spain imported $122M in Utility Meters, becoming the 17th largest importer of Utility Meters in the world. At the same year, Utility Meters was the 473rd most imported product in Spain. Spain imports Utility Meters primarily from: France ($27.8M), Italy ($20.9M), China ($18.4M), Germany ($8.24M), and Portugal ($7.93M).

The fastest growing import markets in Utility Meters for Spain between 2021 and 2022 were France ($4.86M), China ($4.51M), and Netherlands ($1.18M).

Latest Trends

August 2024

About

Overview In August 2024 Spain's Utility Meters exports accounted up to €2.73M and imports accounted up to €13M, resulting in a negative trade balance of €10.3M. Between August 2023 and August 2024 the exports of Spain's   Utility Meters have decreased by €-2.74M (-50.1%) from €5.47M to €2.73M, while imports increased by €1.43M (12.4%) from €11.6M to €13M.

Destinations In August 2024, Utility Meters were exported mostly to Peru (€518k), Italy (€382k), Netherlands (€307k), Israel (€284k), and Portugal (€203k), and were imported mostly from Poland (€2.28M), France (€2.02M), Germany (€1.78M), Italy (€1.52M), and China (€1.07M).

Growth In August 2024, the decrease in Utility Meters's year-by-year exports was explained primarily by a decrease in exports to Colombia (€-55.9k or -88.5%), Israel (€-54.4k or -9.5%), and Belgium (€-40.5k or -64.3%). In August 2024, the increase in Utility Meters's year-by-year imports was explained primarily by an increase in imports from France (€1.18M or 73.8%), China (€1.02M or 68.6%), and Czechia (€332k or 2.14k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-2.74M(-50.1%)
IMPORT GROWTH (August 2023 - August 2024)€1.43M(12.4%)
MAIN EXPORTER (August 2024)Málaga€1.9M
MAIN DESTINATION (August 2024)Peru€518k

This section shows Utility Meters'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 Utility Meters over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$57M
IMPORTS (2022)$122M
NET TRADE (2022)-$64.6M

In 2022, Spain exported $57M in Utility Meters. The main destinations of Spain exports on Utility Meters were Portugal ($7.64M), Israel ($7.25M), Iraq ($6.08M), United Kingdom ($5.94M), and Netherlands ($5.11M).

In 2022, Spain imported $122M in Utility Meters, mainly from France ($27.8M), Italy ($20.9M), China ($18.4M), Germany ($8.24M), and Portugal ($7.93M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Utility Meters EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Iraq$4.8M (376%)
China$2.22M (3.7k%)
Italy$1.56M (202%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Utility Meters BY Spain WERE (2021 - 2022):
United Kingdom-$8.11M (-57.7%)
Netherlands-$3.14M (-38%)
Portugal-$2.93M (-27.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Utility Meters were:
China $2.4B
Mexico $1.11B
United States $506M
In 2022, Spain's main importing competitors in Utility Meters were:
United States $1.49B
France $505M
Mexico $431M

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Trade Value of Utility Meters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $2.79M
TOP IMPORT POTENTIALChina+ $9.66M

Utility Meters’s highest export potential is France. With an export gap of $2.79M.   Utility Meters’s highest import potential is China with an import gap of $9.66M.

See methodology.

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