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2022
Exports $22.6MWorld Rnk 14 / 194
Flag Rnk 797 / 1214
2022
Destination $4.11M Portugal
2021 - 2022
FASTEST GROWING MARKET $4.11MPortugal
2022
PRODUCT COMPLEXITY IN Wood Ornaments-0.4Rnk 674 / 1025
2022
Imports $50.6MWorld Rnk 10 / 217
Flag Rnk 678 / 1214
2022
Origin $848k China
2021 - 2022
FASTEST GROWING ORIGIN $848kIndonesia
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $22.6M in Wood Ornaments, making it the 14th largest exporter of Wood Ornaments in the world. At the same year, Wood Ornaments was the 797th most exported product in Spain. The main destination of Wood Ornaments exports from Spain are: Portugal ($7.88M), Italy ($3.56M), France ($3.36M), United Kingdom ($903k), and United Arab Emirates ($761k).

The fastest growing export markets for Wood Ornaments of Spain between 2021 and 2022 were Portugal ($4.11M), Italy ($2.62M), and France ($765k).

Imports In 2022, Spain imported $50.6M in Wood Ornaments, becoming the 10th largest importer of Wood Ornaments in the world. At the same year, Wood Ornaments was the 678th most imported product in Spain. Spain imports Wood Ornaments primarily from: China ($29.4M), France ($3.92M), Germany ($3.53M), Indonesia ($2.34M), and Netherlands ($2.3M).

The fastest growing import markets in Wood Ornaments for Spain between 2021 and 2022 were Indonesia ($848k), China ($703k), and Italy ($486k).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Wood Ornaments exports accounted up to €1.06M and imports accounted up to €2.2M, resulting in a negative trade balance of €1.13M. Between June 2023 and June 2024 the exports of Spain's   Wood Ornaments have decreased by €-441k (-29.3%) from €1.5M to €1.06M, while imports decreased by €-415k (-15.9%) from €2.61M to €2.2M.

Destinations In June 2024, Wood Ornaments were exported mostly to France (€236k), Portugal (€199k), United States (€148k), Chile (€111k), and Italy (€83.4k), and were imported mostly from China (€1.23M), Indonesia (€183k), India (€134k), France (€119k), and Germany (€85k).

Growth In June 2024, the decrease in Wood Ornaments's year-by-year exports was explained primarily by a decrease in exports to Portugal (€-5.68M or -95.2%), United States (€-378k or -90.7%), and United Arab Emirates (€-77.5k or -62.4%). In June 2024, the decrease in Wood Ornaments's year-by-year imports was explained primarily by a decrease in imports from China (€-1.76M or -56.8%), Vietnam (€-46k or -93.2%), and Chinese Taipei (€-30.2k or -98.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-441k(-29.3%)
IMPORT GROWTH (June 2023 - June 2024)€-415k(-15.9%)
MAIN EXPORTER (June 2024)Barcelona€423k
MAIN DESTINATION (June 2024)France€236k

This section shows Wood Ornaments'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 Wood Ornaments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$22.6M
IMPORTS (2022)$50.6M
NET TRADE (2022)-$28M

In 2022, Spain exported $22.6M in Wood Ornaments. The main destinations of Spain exports on Wood Ornaments were Portugal ($7.88M), Italy ($3.56M), France ($3.36M), United Kingdom ($903k), and United Arab Emirates ($761k).

In 2022, Spain imported $50.6M in Wood Ornaments, mainly from China ($29.4M), France ($3.92M), Germany ($3.53M), Indonesia ($2.34M), and Netherlands ($2.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Ornaments EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Portugal$4.11M (109%)
Italy$2.62M (279%)
France$765k (29.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Ornaments BY Spain WERE (2021 - 2022):
United States-$708k (-54.1%)
United Arab Emirates-$173k (-18.5%)
Switzerland-$163k (-40.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Wood Ornaments were:
China $1.65B
Germany $83.5M
Indonesia $77.4M
In 2022, Spain's main importing competitors in Wood Ornaments were:
United States $984M
Germany $226M
France $134M

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Trade Value of Wood Ornaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.27M
TOP IMPORT POTENTIALChina+ $1.44M

Wood Ornaments’s highest export potential is France. With an export gap of $1.27M.   Wood Ornaments’s highest import potential is China with an import gap of $1.44M.

See methodology.

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