2022
Exports
$33.5MWorld Rnk 16 / 89
Flag Rnk 727 / 1214
2022
PRODUCT COMPLEXITY IN Iron Reductions
-1.54Rnk 951 / 1025
2022
Imports
$99.3MWorld Rnk 18 / 144
Flag Rnk 524 / 1214
2022
ECONOMIC COMPLEXITY of Spain
0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $33.5M in Iron Reductions, making it the 16th largest exporter of Iron Reductions in the world. At the same year, Iron Reductions was the 727th most exported product in Spain. The main destination of Iron Reductions exports from Spain are: Belgium ($28.3M), France ($3.34M), Netherlands ($769k), Germany ($492k), and United States ($420k).

The fastest growing export markets for Iron Reductions of Spain between 2021 and 2022 were Belgium ($28.3M), Netherlands ($769k), and France ($520k).

Imports In 2022, Spain imported $99.3M in Iron Reductions, becoming the 18th largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 524th most imported product in Spain. Spain imports Iron Reductions primarily from: Russia ($71.8M), United States ($10.6M), Libya ($9.76M), France ($3.36M), and Venezuela ($1.88M).

The fastest growing import markets in Iron Reductions for Spain between 2021 and 2022 were Libya ($5.32M), France ($2.39M), and Venezuela ($1.88M).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-1.31k(-0.51%)
IMPORT GROWTH (June 2023 - June 2024)€519k(35.7%)
MAIN EXPORTER (June 2024)Tarragona€418k
MAIN DESTINATION (June 2024)France€217k

This section shows Iron Reductions'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 Iron Reductions over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$33.5M
IMPORTS (2022)$99.3M
NET TRADE (2022)-$65.9M

In 2022, Spain exported $33.5M in Iron Reductions. The main destinations of Spain exports on Iron Reductions were Belgium ($28.3M), France ($3.34M), Netherlands ($769k), Germany ($492k), and United States ($420k).

In 2022, Spain imported $99.3M in Iron Reductions, mainly from Russia ($71.8M), United States ($10.6M), Libya ($9.76M), France ($3.36M), and Venezuela ($1.88M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Reductions EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Belgium$28.3M (1%)
Netherlands$769k (7.69M%)
France$520k (18.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Reductions BY Spain WERE (2021 - 2022):
Italy-$647k (-99.7%)
United States-$284k (-40.4%)
Portugal-$265k (-72.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Iron Reductions were:
In 2022, Spain's main importing competitors in Iron Reductions were:

Explore Visualizations

Trade Value of Iron Reductions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.06M
TOP IMPORT POTENTIALLibya+ $2.39M

Iron Reductions’s highest export potential is France. With an export gap of $1.06M.   Iron Reductions’s highest import potential is Libya with an import gap of $2.39M.

See methodology.

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