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2022
Exports $157MWorld Rnk 10 / 174
Flag Rnk 388 / 1214
2022
Destination $13.6M France
2021 - 2022
FASTEST GROWING MARKET $13.6MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Woodworking machines1.28Rnk 96 / 1025
2022
Imports $149MWorld Rnk 16 / 218
Flag Rnk 440 / 1214
2022
Origin $4.45M Germany
2021 - 2022
FASTEST GROWING ORIGIN $4.45MChina
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $157M in Woodworking machines, making it the 10th largest exporter of Woodworking machines in the world. At the same year, Woodworking machines was the 388th most exported product in Spain. The main destination of Woodworking machines exports from Spain are: France ($23.9M), United Kingdom ($21.3M), United States ($20.3M), Italy ($13.1M), and Portugal ($12.9M).

The fastest growing export markets for Woodworking machines of Spain between 2021 and 2022 were United Kingdom ($13.6M), France ($7.37M), and United States ($6.58M).

Imports In 2022, Spain imported $149M in Woodworking machines, becoming the 16th largest importer of Woodworking machines in the world. At the same year, Woodworking machines was the 440th most imported product in Spain. Spain imports Woodworking machines primarily from: Germany ($43.5M), Italy ($37.3M), China ($30.5M), Austria ($12.2M), and Turkey ($4.45M).

The fastest growing import markets in Woodworking machines for Spain between 2021 and 2022 were China ($4.45M), Austria ($3.32M), and Denmark ($3.1M).

COMPANIES In 2023, leading companies such as John Deere (6) were at the forefront of shipping Woodworking machines from Spain to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Spain's Woodworking machines exports accounted up to €9.15M and imports accounted up to €9.45M, resulting in a negative trade balance of €302k. Between October 2023 and October 2024 the exports of Spain's   Woodworking machines have decreased by €-2.56M (-21.9%) from €11.7M to €9.15M, while imports decreased by €-248k (-2.56%) from €9.7M to €9.45M.

Destinations In October 2024, Woodworking machines were exported mostly to Italy (€2.33M), United States (€1.3M), France (€847k), Mexico (€802k), and Saudi Arabia (€590k), and were imported mostly from Italy (€3.42M), Germany (€1.36M), China (€1.35M), Turkey (€948k), and Switzerland (€722k).

Growth In October 2024, the decrease in Woodworking machines's year-by-year exports was explained primarily by a decrease in exports to United States (€-1.8M or -78%), France (€-1.22M or -44.7%), and Canada (€-725k or -78.2%). In October 2024, the decrease in Woodworking machines's year-by-year imports was explained primarily by a decrease in imports from China (€-1.23M or -51.9%), Austria (€-277k or -45.5%), and France (€-178k or -84.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€-2.56M(-21.9%)
IMPORT GROWTH (October 2023 - October 2024)€-248k(-2.56%)
MAIN EXPORTER (October 2024)Guipúzcoa€22.8M
MAIN DESTINATION (October 2024)Italy€2.33M

This section shows Woodworking machines'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 Woodworking machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$157M
IMPORTS (2022)$149M
NET TRADE (2022)$8.22M

In 2022, Spain exported $157M in Woodworking machines. The main destinations of Spain exports on Woodworking machines were France ($23.9M), United Kingdom ($21.3M), United States ($20.3M), Italy ($13.1M), and Portugal ($12.9M).

In 2022, Spain imported $149M in Woodworking machines, mainly from Germany ($43.5M), Italy ($37.3M), China ($30.5M), Austria ($12.2M), and Turkey ($4.45M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Woodworking machines EXPORT MARKETS FOR Spain WERE (2021 - 2022):
United Kingdom$13.6M (177%)
France$7.37M (44.6%)
United States$6.58M (48.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Woodworking machines BY Spain WERE (2021 - 2022):
Malta-$3.41M (-99.9%)
Netherlands-$2.91M (-71.3%)
Slovakia-$2M (-66%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Woodworking machines were:
China $2.66B
Germany $1.99B
Italy $1.23B
In 2022, Spain's main importing competitors in Woodworking machines were:
United States $1.74B
Germany $700M
France $424M

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Trade Value of Woodworking machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $6.65M
TOP IMPORT POTENTIALChina+ $9.64M

Woodworking machines’s highest export potential is France. With an export gap of $6.65M.   Woodworking machines’s highest import potential is China with an import gap of $9.64M.

See methodology.

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