Iron Blocks in Spain | The Observatory of Economic Complexity

About

Exports In 2022, Spain exported $2.24B in Iron Blocks, making it the 2nd largest exporter of Iron Blocks in the world. At the same year, Iron Blocks was the 24th most exported product in Spain. The main destination of Iron Blocks exports from Spain are: France ($514M), United Kingdom ($293M), Italy ($180M), Portugal ($172M), and Germany ($139M).

The fastest growing export markets for Iron Blocks of Spain between 2021 and 2022 were France ($89.1M), Turkey ($58.9M), and United States ($54M).

Imports In 2022, Spain imported $158M in Iron Blocks, becoming the 35th largest importer of Iron Blocks in the world. At the same year, Iron Blocks was the 430th most imported product in Spain. Spain imports Iron Blocks primarily from: Germany ($30.5M), Luxembourg ($25.2M), Italy ($22.9M), Poland ($12.2M), and Turkey ($11.9M).

The fastest growing import markets in Iron Blocks for Spain between 2021 and 2022 were Luxembourg ($10.2M), China ($6.28M), and Netherlands ($4.51M).

COMPANIES In 2023, leading companies such as H&M HENNES & MAURITZ L.P (49) were at the forefront of shipping Iron Blocks from Spain to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Spain's Iron Blocks exports accounted up to €130M and imports accounted up to €13.2M, resulting in a positive trade balance of €116M. Between January 2023 and January 2024 the exports of Spain's Iron Blocks have increased by €341k (0.26%) from €129M to €130M, while imports decreased by €-131k (-0.99%) from €13.3M to €13.2M.

Destinations In January 2024, Iron Blocks were exported mostly to France (€28.8M), United Kingdom (€22.4M), Italy (€18M), Portugal (€11.4M), and Germany (€6.84M), and were imported mostly from China (€4.43M), Germany (€2.74M), Turkey (€1.48M), Italy (€1.33M), and France (€948k).

Growth In January 2024, the increase in Iron Blocks's year-by-year exports was explained primarily by an increase in exports to France (€5.88M or 16.6%), Italy (€4.12M or 49.9%), and Portugal (€2.41M or 20.9%). In January 2024, the decrease in Iron Blocks's year-by-year imports was explained primarily by a decrease in imports from Belgium (€-596k or -82.8%), Slovakia (€-131k or -88.4%), and France (€-101k or -23.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€341k(0.26%)

IMPORT GROWTH (January 2023 - January 2024)€-131k(-0.99%)

MAIN EXPORTER (January 2024)Barcelona€59.3M

MAIN DESTINATION (January 2024)France€28.8M

This section shows Iron Blocks'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 Blocks over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.24B

IMPORTS (2022)$158M

NET TRADE (2022)$2.08B

In 2022, Spain exported $2.24B in Iron Blocks. The main destinations of Spain exports on Iron Blocks were France ($514M), United Kingdom ($293M), Italy ($180M), Portugal ($172M), and Germany ($139M).

In 2022, Spain imported $158M in Iron Blocks, mainly from Germany ($30.5M), Luxembourg ($25.2M), Italy ($22.9M), Poland ($12.2M), and Turkey ($11.9M).

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