2023
Exports
$49.2MWorld Rnk 19 / 120
Flag Rnk 642 / 1215
2023
PRODUCT COMPLEXITY IN Weapons Parts and Accessories
0.37Rnk 428 / 1025
2023
Imports
$37.9MWorld Rnk 20 / 191
Flag Rnk 722 / 1214
2023
ECONOMIC COMPLEXITY of Spain
0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $49.2M in Weapons Parts and Accessories, making it the 19th largest exporter of Weapons Parts and Accessories in the world. At the same year, Weapons Parts and Accessories was the 642nd most exported product in Spain. The main destination of Weapons Parts and Accessories exports from Spain are: United States ($7.85M), Egypt ($6.74M), Ukraine ($4.51M), Pakistan ($4.4M), and Germany ($4.31M).

The fastest growing export markets for Weapons Parts and Accessories of Spain between 2022 and 2023 were Egypt ($6.74M), Ukraine ($4.51M), and Bangladesh ($3.48M).

Imports In 2023, Spain imported $37.9M in Weapons Parts and Accessories, becoming the 20th largest importer of Weapons Parts and Accessories in the world. At the same year, Weapons Parts and Accessories was the 722nd most imported product in Spain. Spain imports Weapons Parts and Accessories primarily from: Italy ($7.84M), Czechia ($7.15M), Israel ($4.57M), United States ($4.46M), and Portugal ($3.68M).

The fastest growing import markets in Weapons Parts and Accessories for Spain between 2022 and 2023 were Israel ($4.56M), Italy ($1.78M), and Portugal ($894k).

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€-1.48M(-24.7%)
IMPORT GROWTH (October 2023 - October 2024)€4.15M(200%)
MAIN EXPORTER (October 2024)Madrid€13.6M
MAIN DESTINATION (October 2024)

This section shows Weapons Parts and Accessories'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 Weapons Parts and Accessories over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$49.2M
IMPORTS (2023)$37.9M
NET TRADE (2023)$11.4M

In 2023, Spain exported $49.2M in Weapons Parts and Accessories. The main destinations of Spain exports on Weapons Parts and Accessories were United States ($7.85M), Egypt ($6.74M), Ukraine ($4.51M), Pakistan ($4.4M), and Germany ($4.31M).

In 2023, Spain imported $37.9M in Weapons Parts and Accessories, mainly from Italy ($7.84M), Czechia ($7.15M), Israel ($4.57M), United States ($4.46M), and Portugal ($3.68M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Weapons Parts and Accessories EXPORT MARKETS FOR Spain WERE (2022 - 2023):
Egypt$6.74M (67.4M%)
Ukraine$4.51M (1%)
Bangladesh$3.48M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Weapons Parts and Accessories BY Spain WERE (2022 - 2023):
Pakistan-$14.9M (-77.2%)
United Arab Emirates-$10.8M (-99.9%)
France-$4.37M (-85.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Weapons Parts and Accessories were:
In 2023, Spain's main importing competitors in Weapons Parts and Accessories were:

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Trade Value of Weapons Parts and Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.2M
TOP IMPORT POTENTIALFrance+ $2.62M

Weapons Parts and Accessories’s highest export potential is United States. With an export gap of $4.2M.   Weapons Parts and Accessories’s highest import potential is France with an import gap of $2.62M.

See methodology.

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