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2022
Exports $4.59MWorld Rnk 16 / 104
Flag Rnk 1021 / 1214
2022
Destination $306k Italy
2021 - 2022
FASTEST GROWING MARKET $306kFrance
2022
Imports $9.54MWorld Rnk 11 / 163
Flag Rnk 997 / 1214
2022
Origin $468k Italy
2021 - 2022
FASTEST GROWING ORIGIN $468kGermany
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $4.59M in Vegetable Tanning Extracts, making it the 16th largest exporter of Vegetable Tanning Extracts in the world. At the same year, Vegetable Tanning Extracts was the 1021st most exported product in Spain. The main destination of Vegetable Tanning Extracts exports from Spain are: Italy ($1.45M), France ($877k), Portugal ($326k), United States ($215k), and Germany ($173k).

The fastest growing export markets for Vegetable Tanning Extracts of Spain between 2021 and 2022 were France ($306k), United States ($187k), and Bolivia ($151k).

Imports In 2022, Spain imported $9.54M in Vegetable Tanning Extracts, becoming the 11th largest importer of Vegetable Tanning Extracts in the world. At the same year, Vegetable Tanning Extracts was the 997th most imported product in Spain. Spain imports Vegetable Tanning Extracts primarily from: Italy ($3.12M), South Africa ($1.63M), Argentina ($1.56M), France ($995k), and Germany ($735k).

The fastest growing import markets in Vegetable Tanning Extracts for Spain between 2021 and 2022 were Germany ($468k), China ($268k), and Argentina ($256k).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Vegetable Tanning Extracts exports accounted up to €240k and imports accounted up to €1.06M, resulting in a negative trade balance of €824k. Between June 2023 and June 2024 the exports of Spain's   Vegetable Tanning Extracts have decreased by €-154k (-39.1%) from €394k to €240k, while imports decreased by €-501k (-32%) from €1.56M to €1.06M.

Destinations In June 2024, Vegetable Tanning Extracts were exported mostly to Italy (€69.4k), United Kingdom (€45.7k), Poland (€28.4k), Netherlands (€27.4k), and Norway (€23.5k), and were imported mostly from South Africa (€406k), Italy (€347k), Argentina (€91.4k), Belgium (€86.9k), and France (€61.9k).

Growth In June 2024, the decrease in Vegetable Tanning Extracts's year-by-year exports was explained primarily by a decrease in exports to Morocco (€-15.6k or -98.8%). In June 2024, the decrease in Vegetable Tanning Extracts's year-by-year imports was explained primarily by a decrease in imports from Argentina (€-264k or -78.1%), South Africa (€-127k or -43.4%), and United States (€-851 or -81.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-154k(-39.1%)
IMPORT GROWTH (June 2023 - June 2024)€-501k(-32%)
MAIN EXPORTER (June 2024)Murcia€740k
MAIN DESTINATION (June 2024)Italy€69.4k

This section shows Vegetable Tanning Extracts'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 Vegetable Tanning Extracts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.59M
IMPORTS (2022)$9.54M
NET TRADE (2022)-$4.95M

In 2022, Spain exported $4.59M in Vegetable Tanning Extracts. The main destinations of Spain exports on Vegetable Tanning Extracts were Italy ($1.45M), France ($877k), Portugal ($326k), United States ($215k), and Germany ($173k).

In 2022, Spain imported $9.54M in Vegetable Tanning Extracts, mainly from Italy ($3.12M), South Africa ($1.63M), Argentina ($1.56M), France ($995k), and Germany ($735k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vegetable Tanning Extracts EXPORT MARKETS FOR Spain WERE (2021 - 2022):
France$306k (53.4%)
United States$187k (652%)
Bolivia$151k (8.67k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable Tanning Extracts BY Spain WERE (2021 - 2022):
Italy-$428k (-22.8%)
Iran-$350k (-100%)
Portugal-$74.8k (-18.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Vegetable Tanning Extracts were:
Argentina $72.9M
South Africa $60M
Indonesia $54.6M
In 2022, Spain's main importing competitors in Vegetable Tanning Extracts were:
India $85.5M
Italy $44.7M
China $29.6M

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Trade Value of Vegetable Tanning Extracts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $179k
TOP IMPORT POTENTIALFrance+ $324k

Vegetable Tanning Extracts’s highest export potential is India. With an export gap of $179k.   Vegetable Tanning Extracts’s highest import potential is France with an import gap of $324k.

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