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2023
Exports $278MWorld Rnk 9 / 133
Flag Rnk 269 / 1215
2023
Destination $12.8M France
2022 - 2023
FASTEST GROWING MARKET $12.8MGreece
2023
PRODUCT COMPLEXITY IN Animal Meal and Pellets-1.42Rnk 933 / 1025
2023
Imports $169MWorld Rnk 17 / 167
Flag Rnk 376 / 1214
2023
Origin $22M Morocco
2022 - 2023
FASTEST GROWING ORIGIN $22MMorocco
2023
ECONOMIC COMPLEXITY of Spain0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $278M in Animal Meal and Pellets, making it the 9th largest exporter of Animal Meal and Pellets in the world. At the same year, Animal Meal and Pellets was the 269th most exported product in Spain. The main destination of Animal Meal and Pellets exports from Spain are: France ($61.6M), Italy ($50.8M), Greece ($32.3M), Thailand ($27.8M), and Germany ($27.2M).

The fastest growing export markets for Animal Meal and Pellets of Spain between 2022 and 2023 were Greece ($12.8M), Portugal ($5.08M), and Vietnam ($4.9M).

Imports In 2023, Spain imported $169M in Animal Meal and Pellets, becoming the 17th largest importer of Animal Meal and Pellets in the world. At the same year, Animal Meal and Pellets was the 376th most imported product in Spain. Spain imports Animal Meal and Pellets primarily from: Morocco ($44.2M), Denmark ($20.9M), Chile ($13.5M), France ($12.4M), and Portugal ($11.8M).

The fastest growing import markets in Animal Meal and Pellets for Spain between 2022 and 2023 were Morocco ($22M), Denmark ($12.4M), and Norway ($5.44M).

Latest Trends

December 2024

About

Overview In December 2024 Spain's Animal Meal and Pellets exports accounted up to €17.4M and imports accounted up to €5.6M, resulting in a positive trade balance of €11.8M. Between December 2023 and December 2024 the exports of Spain's   Animal Meal and Pellets have increased by €2.36M (15.7%) from €15M to €17.4M, while imports decreased by €-4.47M (-44.4%) from €10.1M to €5.6M.

Destinations In December 2024, Animal Meal and Pellets were exported mostly to France (€3.82M), Italy (€2.07M), Vietnam (€2M), Thailand (€1.58M), and Germany (€1.45M), and were imported mostly from Chile (€898k), Morocco (€774k), Germany (€744k), France (€619k), and Portugal (€490k).

Growth In December 2024, the increase in Animal Meal and Pellets's year-by-year exports was explained primarily by an increase in exports to Vietnam (€1.58M or 531%), Germany (€548k or 30.6%), and Italy (€426k or 12.9%). In December 2024, the decrease in Animal Meal and Pellets's year-by-year imports was explained primarily by a decrease in imports from Guatemala (€-623k or -65.9%), Senegal (€-401k or -63%), and France (€-126k or -15.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)€2.36M(15.7%)
IMPORT GROWTH (December 2023 - December 2024)€-4.47M(-44.4%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)France€3.82M

This section shows Animal Meal and Pellets'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 Animal Meal and Pellets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$278M
IMPORTS (2023)$169M
NET TRADE (2023)$108M

In 2023, Spain exported $278M in Animal Meal and Pellets. The main destinations of Spain exports on Animal Meal and Pellets were France ($61.6M), Italy ($50.8M), Greece ($32.3M), Thailand ($27.8M), and Germany ($27.2M).

In 2023, Spain imported $169M in Animal Meal and Pellets, mainly from Morocco ($44.2M), Denmark ($20.9M), Chile ($13.5M), France ($12.4M), and Portugal ($11.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Animal Meal and Pellets EXPORT MARKETS FOR Spain WERE (2022 - 2023):
Greece$12.8M (66%)
Portugal$5.08M (42.9%)
Vietnam$4.9M (116%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Meal and Pellets BY Spain WERE (2022 - 2023):
Thailand-$9.99M (-26.4%)
Turkey-$3.85M (-59.3%)
Italy-$3.08M (-5.72%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Animal Meal and Pellets were:
United States $1.2B
Peru $952M
India $526M
In 2023, Spain's main importing competitors in Animal Meal and Pellets were:
China $3.16B
Vietnam $593M
Norway $480M

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Trade Value of Animal Meal and Pellets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $3.42M
TOP IMPORT POTENTIALPeru+ $4.72M

Animal Meal and Pellets’s highest export potential is Turkey. With an export gap of $3.42M.   Animal Meal and Pellets’s highest import potential is Peru with an import gap of $4.72M.

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