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2022
Exports $191MWorld Rnk 30 / 133
Flag Rnk 354 / 1214
2022
Destination $53.3M Tunisia
2021 - 2022
FASTEST GROWING MARKET $53.3MTunisia
2022
PRODUCT COMPLEXITY IN Wheat-0.42Rnk 677 / 1025
2022
Imports $1.61BWorld Rnk 13 / 194
Flag Rnk 56 / 1214
2022
Origin $174M France
2021 - 2022
FASTEST GROWING ORIGIN $174MUkraine
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $191M in Wheat, making it the 30th largest exporter of Wheat in the world. At the same year, Wheat was the 354th most exported product in Spain. The main destination of Wheat exports from Spain are: Tunisia ($68.5M), Portugal ($35.8M), Libya ($26M), Morocco ($21M), and Italy ($9.83M).

The fastest growing export markets for Wheat of Spain between 2021 and 2022 were Tunisia ($53.3M), Libya ($26M), and Morocco ($16.9M).

Imports In 2022, Spain imported $1.61B in Wheat, becoming the 13th largest importer of Wheat in the world. At the same year, Wheat was the 56th most imported product in Spain. Spain imports Wheat primarily from: France ($512M), Ukraine ($230M), Latvia ($118M), Bulgaria ($114M), and United Kingdom ($113M).

The fastest growing import markets in Wheat for Spain between 2021 and 2022 were Ukraine ($174M), France ($141M), and Canada ($84.2M).

COMPANIES In 2023, leading companies such as Emser Tile (8) were at the forefront of shipping Wheat from Spain to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Spain's Wheat exports accounted up to €3.54M and imports accounted up to €154M, resulting in a negative trade balance of €150M. Between August 2023 and August 2024 the exports of Spain's   Wheat have increased by €1.75M (97.7%) from €1.79M to €3.54M, while imports decreased by €-76.2M (-33.2%) from €230M to €154M.

Destinations In August 2024, Wheat were exported mostly to Portugal (€1.72M), Italy (€1.55M), Germany (€134k), France (€130k), and Mauritania (€704), and were imported mostly from Ukraine (€50.5M), Romania (€21.1M), Canada (€19.1M), Bulgaria (€18M), and France (€14.7M).

Growth In August 2024, the increase in Wheat's year-by-year exports was explained primarily by an increase in exports to France (€14.9k or 2.44%) and Ireland (€56.5 or 99.9%). In August 2024, the decrease in Wheat's year-by-year imports was explained primarily by a decrease in imports from Germany (€-19.1M or -99.6%), Romania (€-17.6M or -99.7%), and Bulgaria (€-14.1M or -99.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€1.75M(97.7%)
IMPORT GROWTH (August 2023 - August 2024)€-76.2M(-33.2%)
MAIN EXPORTER (August 2024)Cádiz€18.6M
MAIN DESTINATION (August 2024)Portugal€1.72M

This section shows Wheat'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 Wheat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$191M
IMPORTS (2022)$1.61B
NET TRADE (2022)-$1.42B

In 2022, Spain exported $191M in Wheat. The main destinations of Spain exports on Wheat were Tunisia ($68.5M), Portugal ($35.8M), Libya ($26M), Morocco ($21M), and Italy ($9.83M).

In 2022, Spain imported $1.61B in Wheat, mainly from France ($512M), Ukraine ($230M), Latvia ($118M), Bulgaria ($114M), and United Kingdom ($113M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Tunisia$53.3M (350%)
Libya$26M (1%)
Morocco$16.9M (415%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Spain WERE (2021 - 2022):
Mauritania-$18.1M (-100%)
Belgium-$7.5M (-73.6%)
Bulgaria-$5.22M (-95%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Wheat were:
Australia $10.2B
United States $9.21B
Canada $8.87B
In 2022, Spain's main importing competitors in Wheat were:
Egypt $4.82B
China $4.52B
Indonesia $3.38B

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Trade Value of Wheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $7.8M
TOP IMPORT POTENTIALFrance+ $93.3M

Wheat’s highest export potential is Italy. With an export gap of $7.8M.   Wheat’s highest import potential is France with an import gap of $93.3M.

See methodology.

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