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2023
Exports $3.78BWorld Rnk 3 / 188
Flag Rnk 11 / 1215
2023
Destination $321M United Kingdom
2022 - 2023
FASTEST GROWING MARKET $321MIndia
2023
PRODUCT COMPLEXITY IN Wine-1.07Rnk 849 / 1025
2023
Imports $323MWorld Rnk 27 / 226
Flag Rnk 264 / 1214
2023
Origin $29.9M France
2022 - 2023
FASTEST GROWING ORIGIN $29.9MFrance
2023
ECONOMIC COMPLEXITY of Spain0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $3.78B in Wine, making it the 3rd largest exporter of Wine in the world. At the same year, Wine was the 11th most exported product in Spain. The main destination of Wine exports from Spain are: United Kingdom ($434M), Germany ($423M), United States ($382M), India ($323M), and France ($258M).

The fastest growing export markets for Wine of Spain between 2022 and 2023 were India ($321M), United Kingdom ($35.4M), and Germany ($30.5M).

Imports In 2018, Spain imported $323M in Wine, becoming the 27th largest importer of Wine in the world. At the same year, Wine was the 264th most imported product in Spain. Spain imports Wine primarily from: France ($202M), Italy ($54.8M), Portugal ($19.2M), Germany ($9.11M), and Australia ($6.16M).

The fastest growing import markets in Wine for Spain between 2022 and 2023 were France ($29.9M), New Zealand ($1.58M), and Hungary ($467k).

COMPANIES In 2023, leading companies such as Palm Bay International (298), Cardinal Wine Group (232), and Pernod Ricard (108) were at the forefront of shipping Wine from Spain to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Spain's Wine exports accounted up to €281M and imports accounted up to €29.4M, resulting in a positive trade balance of €252M. Between November 2023 and November 2024 the exports of Spain's   Wine have decreased by €-5.65M (-1.97%) from €287M to €281M, while imports decreased by €-1.92M (-6.11%) from €31.4M to €29.4M.

Destinations In November 2024, Wine were exported mostly to United Kingdom (€37.4M), Germany (€34.5M), United States (€29.1M), France (€20.5M), and Netherlands (€17.6M), and were imported mostly from France (€17.4M), Italy (€4.6M), Portugal (€1.71M), Chile (€1.04M), and Germany (€944k).

Growth In November 2024, the decrease in Wine's year-by-year exports was explained primarily by a decrease in exports to Italy (€-5.45M or -75.3%), China (€-3.74M or -62.1%), and Morocco (€-1.34M or -78.5%). In November 2024, the decrease in Wine's year-by-year imports was explained primarily by a decrease in imports from Chile (€-1.76M or -94.7%), Rest of the world (€-1.55M or -96.9%), and Hungary (€-581k or -99.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€-5.65M(-1.97%)
IMPORT GROWTH (November 2023 - November 2024)€-1.92M(-6.11%)
MAIN EXPORTER (November 2024)Barcelona€54.4M
MAIN DESTINATION (November 2024)United Kingdom€37.4M

This section shows Wine'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 Wine over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.78B
IMPORTS (2023)$323M
NET TRADE (2023)$3.45B

In 2023, Spain exported $3.78B in Wine. The main destinations of Spain exports on Wine were United Kingdom ($434M), Germany ($423M), United States ($382M), India ($323M), and France ($258M).

In 2023, Spain imported $323M in Wine, mainly from France ($202M), Italy ($54.8M), Portugal ($19.2M), Germany ($9.11M), and Australia ($6.16M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wine EXPORT MARKETS FOR Spain WERE (2022 - 2023):
India$321M (24.7k%)
United Kingdom$35.4M (8.88%)
Germany$30.5M (7.76%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine BY Spain WERE (2022 - 2023):
United States-$32.3M (-7.8%)
China-$28.6M (-30%)
Mexico-$23.1M (-21.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Wine were:
France $13.6B
Italy $8.73B
In 2023, Spain's main importing competitors in Wine were:
United States $6.84B
United Kingdom $4.94B
Germany $2.94B

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Trade Value of Wine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $51.7M
TOP IMPORT POTENTIALFrance+ $56.5M

Wine’s highest export potential is United States. With an export gap of $51.7M.   Wine’s highest import potential is France with an import gap of $56.5M.

See methodology.

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