HS Icon Whey in  Flag Spain

2019
Exports | Imports
: $51.9M | $50.7M, World Rnk 13 / 96
Flag Rnk 956 / 4585 | World Rnk 18 / 188
Flag Rnk 1074 / 4561

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $3.63M | $724k, China |  France

2019
ECONOMIC COMPLEXITY of Spain
: 0.85, Rnk 33 / 147

2019
PRODUCT COMPLEXITY  IN Whey
: 0.5, Rnk 1002 / 2764

Exports: In 2019, Spain exported $51.9M in Whey, making it the 13th largest exporter of Whey in the world. At the same year, Whey was the 956th most exported product in Spain. The main destination of Whey exports from Spain are: Netherlands ($11.7M), France ($10.6M), Vietnam ($5.67M), Thailand ($5M), and China ($4.02M).

The fastest growing export markets for Whey of Spain between 2018 and 2019 were China ($3.63M), Belgium ($1.66M), and Thailand ($1.42M).

Imports: In 2019, Spain imported $50.7M in Whey, becoming the 18th largest importer of Whey in the world. At the same year, Whey was the 1074th most imported product in Spain. Spain imports Whey primarily from: France ($9.71M), Portugal ($7.44M), Netherlands ($7.17M), Denmark ($6.49M), and Poland ($5.49M).

The fastest growing import markets in Whey for Spain between 2018 and 2019 were France ($724k), Poland ($535k), and Netherlands ($482k).

Tariffs: In 2017, the average tariff for Spain in Whey was 74.2%. The countries with the highest import tariffs for Whey were Republic of the Congo (Most Favoured Nation duty rate treatement, 173%), Cape Verde (Most Favoured Nation duty rate treatement, 173%), Algeria (Most Favoured Nation duty rate treatement, 173%), Western Sahara (Most Favoured Nation duty rate treatement, 173%), and Gabon (Most Favoured Nation duty rate treatement, 173%).

Latest Trends (April 2021)

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Overview: In April 2021 Spain's Whey exports accounted up to €6.75M and imports accounted up to €3.27M, resulting in a positive trade balance of €3.48M. Between April 2020 and April 2021 the exports of Spain's   Whey have increased by €1.12M (20%) from €5.62M to €6.75M, while imports decreased by €-729 (-0.022%) from €3.27M to €3.27M.

Destinations: In April 2021, Whey were exported mostly to China (€1.72M), France (€1.18M), Vietnam (€894k), Netherlands (€679k), and South Korea (€653k), and were imported mostly from Denmark (€818k), France (€747k), Portugal (€495k), Netherlands (€451k), and Germany (€325k).

Growth: In April 2021, the increase in Whey's year-by-year exports was explained primarily by an increase in exports to South Korea (€606k or 1.29k%), Vietnam (€406k or 83.1%), and Italy (€183k or 452%). In April 2021, the decrease in Whey's year-by-year imports was explained primarily by a decrease in imports from Poland (€-312k or -89.9%), Denmark (€-268k or -24.6%), and Ireland (€-26.8k or -21.7%).

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (April 2020 - April 2021): €1.12M, (20%)

IMPORT GROWTH (April 2020 - April 2021): €-729, (-0.022%)

MAIN EXPORTER (April 2021): Zamora, €1.93M

MAIN DESTINATION (April 2021): China, €1.72M

This section shows Whey'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 Whey over time.

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Historical Data

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Value

EXPORTS (2019): $51.9M

IMPORTS (2019): $50.7M

NET TRADE (2019): $1.18M

In 2019, Spain exported $51.9M in Whey. The main destinations of Spain exports on Whey were Netherlands ($11.7M), France ($10.6M), Vietnam ($5.67M), Thailand ($5M), and China ($4.02M).

In 2019, Spain imported $50.7M in Whey, mainly from France ($9.71M), Portugal ($7.44M), Netherlands ($7.17M), Denmark ($6.49M), and Poland ($5.49M).

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IN 2019, Spain HAD A POSITIVE NET TRADE IN Whey WITH:

IN 2019, Spain HAD A NEGATIVE NET TRADE IN Whey WITH:

Flow

THE FASTEST GROWING Whey EXPORT MARKETS FOR Spain WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Whey BY Spain WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, Spain's main exporting competitors in Whey were:

In 2018, Spain's main importing competitors in Whey were:

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Tariffs by Country

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In 2017, the average tariff for Spain in Whey was 74.2%.

The countries with the highest tariffs for Whey in Spain were Republic of the Congo (Most Favoured Nation duty rate treatement, 173%), Cape Verde (Most Favoured Nation duty rate treatement, 173%), Algeria (Most Favoured Nation duty rate treatement, 173%), Western Sahara (Most Favoured Nation duty rate treatement, 173%), and Gabon (Most Favoured Nation duty rate treatement, 173%).