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2023
Exports $89.7MWorld Rnk 5 / 129
Flag Rnk 502 / 1215
2023
Destination $5.76M United Kingdom
2022 - 2023
FASTEST GROWING MARKET $5.76MUnited States
2023
PRODUCT COMPLEXITY IN Vending Machines0.74Rnk 269 / 1025
2023
Imports $84.1MWorld Rnk 6 / 196
Flag Rnk 556 / 1214
2023
Origin $6.03M Italy
2022 - 2023
FASTEST GROWING ORIGIN $6.03MCanada
2023
ECONOMIC COMPLEXITY of Spain0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $89.7M in Vending Machines, making it the 5th largest exporter of Vending Machines in the world. At the same year, Vending Machines was the 502nd most exported product in Spain. The main destination of Vending Machines exports from Spain are: United Kingdom ($13.6M), Germany ($13.2M), United States ($10.9M), Portugal ($9.3M), and Italy ($7.94M).

The fastest growing export markets for Vending Machines of Spain between 2022 and 2023 were United States ($5.76M), Italy ($3M), and United Kingdom ($2.04M).

Imports In 2023, Spain imported $84.1M in Vending Machines, becoming the 6th largest importer of Vending Machines in the world. At the same year, Vending Machines was the 556th most imported product in Spain. Spain imports Vending Machines primarily from: Italy ($47.2M), Canada ($7.51M), Sweden ($5.66M), Estonia ($5.34M), and Poland ($3.45M).

The fastest growing import markets in Vending Machines for Spain between 2022 and 2023 were Canada ($6.03M), Estonia ($3.5M), and Italy ($2.39M).

Latest Trends

November 2024

About

Overview In November 2024 Spain's Vending Machines exports accounted up to €7.17M and imports accounted up to €6.84M, resulting in a positive trade balance of €330k. Between November 2023 and November 2024 the exports of Spain's   Vending Machines have decreased by €-1.37M (-16.1%) from €8.55M to €7.17M, while imports increased by €1.52M (28.4%) from €5.33M to €6.84M.

Destinations In November 2024, Vending Machines were exported mostly to Germany (€984k), United States (€736k), Portugal (€733k), France (€605k), and Malta (€543k), and were imported mostly from Italy (€3.67M), Poland (€1.99M), Germany (€262k), China (€195k), and France (€176k).

Growth In November 2024, the decrease in Vending Machines's year-by-year exports was explained primarily by a decrease in exports to Belgium (€-150k or -95.3%), Malta (€-61.1k or -98.3%), and Greece (€-42k or -64.6%). In November 2024, the increase in Vending Machines's year-by-year imports was explained primarily by an increase in imports from Canada (€1.7M or 25.5k%), Italy (€837k or 34%), and Poland (€406k or 73.4k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€-1.37M(-16.1%)
IMPORT GROWTH (November 2023 - November 2024)€1.52M(28.4%)
MAIN EXPORTER (November 2024)Navarra€6.22M
MAIN DESTINATION (November 2024)Germany€984k

This section shows Vending Machines'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 Vending Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$89.7M
IMPORTS (2023)$84.1M
NET TRADE (2023)$5.59M

In 2023, Spain exported $89.7M in Vending Machines. The main destinations of Spain exports on Vending Machines were United Kingdom ($13.6M), Germany ($13.2M), United States ($10.9M), Portugal ($9.3M), and Italy ($7.94M).

In 2023, Spain imported $84.1M in Vending Machines, mainly from Italy ($47.2M), Canada ($7.51M), Sweden ($5.66M), Estonia ($5.34M), and Poland ($3.45M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vending Machines EXPORT MARKETS FOR Spain WERE (2022 - 2023):
United States$5.76M (112%)
Italy$3M (60.7%)
United Kingdom$2.04M (17.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vending Machines BY Spain WERE (2022 - 2023):
Portugal-$3.03M (-24.6%)
South Africa-$900k (-58%)
Chile-$857k (-74%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Vending Machines were:
Italy $454M
China $330M
Germany $152M
In 2023, Spain's main importing competitors in Vending Machines were:
United States $257M
France $156M
United Kingdom $135M

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Trade Value of Vending Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $3.16M
TOP IMPORT POTENTIALChina+ $2.39M

Vending Machines’s highest export potential is France. With an export gap of $3.16M.   Vending Machines’s highest import potential is China with an import gap of $2.39M.

See methodology.

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