HS Icon Vehicle Parts in  Flag Spain

2020
Exports | Imports
: $9.14B | $11B, World Rnk 11 / 226
Flag Rnk 3 / 1213 | World Rnk 7 / 226
Flag Rnk 3 / 1213

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $46.1M | $255M, China |  Belgium


ECONOMIC COMPLEXITY of Spain
: 0.76, Rnk 34 / 127


PRODUCT COMPLEXITY  IN Vehicle Parts
: 1.06, Rnk 142 / 1028

Exports In 2020, Spain exported $9.14B in Vehicle Parts, making it the 11th largest exporter of Vehicle Parts in the world. At the same year, Vehicle Parts was the 3rd most exported product in Spain. The main destination of Vehicle Parts exports from Spain are: France ($1.72B), Germany ($1.48B), Portugal ($960M), Morocco ($581M), and United Kingdom ($542M).

The fastest growing export markets for Vehicle Parts of Spain between 2019 and 2020 were China ($46.1M), Czechia ($26.5M), and Slovakia ($15M).

Imports In 2020, Spain imported $11B in Vehicle Parts, becoming the 7th largest importer of Vehicle Parts in the world. At the same year, Vehicle Parts was the 3rd most imported product in Spain. Spain imports Vehicle Parts primarily from: Germany ($1.96B), France ($1.84B), Portugal ($1.37B), Italy ($1B), and Poland ($659M).

The fastest growing import markets in Vehicle Parts for Spain between 2019 and 2020 were Belgium ($255M), United States ($139M), and Morocco ($117M).

Tariffs In 2017, the average tariff for Spain in Vehicle Parts was 1.38%. The countries with the highest import tariffs for Vehicle Parts were Western Sahara (Most Favoured Nation duty rate treatement, 3.81%), Gabon (Most Favoured Nation duty rate treatement, 3.81%), Libya (Most Favoured Nation duty rate treatement, 3.81%), Mayotte (Most Favoured Nation duty rate treatement, 3.81%), and Reunion (Most Favoured Nation duty rate treatement, 3.81%).

November 2021

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (November 2020 - November 2021): €-424M, (-36.5%)

IMPORT GROWTH (November 2020 - November 2021): €99.6M, (9.37%)

MAIN EXPORTER (November 2021): Barcelona, €163M

MAIN DESTINATION (November 2021): Germany, €131M

This section shows Vehicle Parts'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 Vehicle Parts over time.

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Historical Data

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EXPORTS (2020): $9.14B

IMPORTS (2020): $11B

NET TRADE (2020): -$1.84B

In 2020, Spain exported $9.14B in Vehicle Parts. The main destinations of Spain exports on Vehicle Parts were France ($1.72B), Germany ($1.48B), Portugal ($960M), Morocco ($581M), and United Kingdom ($542M).

In 2020, Spain imported $11B in Vehicle Parts, mainly from Germany ($1.96B), France ($1.84B), Portugal ($1.37B), Italy ($1B), and Poland ($659M).

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IN 2020, Spain HAD A POSITIVE NET TRADE IN Vehicle Parts WITH:

IN 2020, Spain HAD A NEGATIVE NET TRADE IN Vehicle Parts WITH:

Flow

THE FASTEST GROWING Vehicle Parts EXPORT MARKETS FOR Spain WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vehicle Parts BY Spain WERE (2019 - 2020):

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Market Concentration

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In 2019, Spain's main exporting competitors in Vehicle Parts were:

In 2019, Spain's main importing competitors in Vehicle Parts were:

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Tariffs by Country

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In 2017, the average tariff for Spain in Vehicle Parts was 1.38%.

The countries with the highest tariffs for Vehicle Parts in Spain were Western Sahara (Most Favoured Nation duty rate treatement, 3.81%), Gabon (Most Favoured Nation duty rate treatement, 3.81%), Libya (Most Favoured Nation duty rate treatement, 3.81%), Mayotte (Most Favoured Nation duty rate treatement, 3.81%), and Reunion (Most Favoured Nation duty rate treatement, 3.81%).