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2022
Exports $1.39MWorld Rnk 21 / 92
Flag Rnk 1121 / 1214
2022
Destination $220k Russia
2021 - 2022
FASTEST GROWING MARKET $220kPortugal
2022
PRODUCT COMPLEXITY IN Artificial Textile Machinery1.99Rnk 5 / 1025
2022
Imports $7.16MWorld Rnk 22 / 168
Flag Rnk 1041 / 1214
2022
Origin $2.83M Japan
2021 - 2022
FASTEST GROWING ORIGIN $2.83MJapan
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $1.39M in Artificial Textile Machinery, making it the 21st largest exporter of Artificial Textile Machinery in the world. At the same year, Artificial Textile Machinery was the 1121st most exported product in Spain. The main destination of Artificial Textile Machinery exports from Spain are: Russia ($373k), Portugal ($269k), Romania ($160k), Brazil ($158k), and Poland ($71.6k).

The fastest growing export markets for Artificial Textile Machinery of Spain between 2021 and 2022 were Portugal ($220k), Russia ($167k), and Brazil ($158k).

Imports In 2018, Spain imported $7.16M in Artificial Textile Machinery, becoming the 22nd largest importer of Artificial Textile Machinery in the world. At the same year, Artificial Textile Machinery was the 1041st most imported product in Spain. Spain imports Artificial Textile Machinery primarily from: Japan ($2.83M), Germany ($1.71M), China ($1.02M), Austria ($775k), and Italy ($703k).

The fastest growing import markets in Artificial Textile Machinery for Spain between 2021 and 2022 were Japan ($2.83M), Germany ($848k), and Austria ($775k).

Latest Trends

September 2024

About

Overview In September 2024 Spain's Artificial Textile Machinery exports accounted up to €164k and imports accounted up to €548k, resulting in a negative trade balance of €384k. Between September 2023 and September 2024 the exports of Spain's   Artificial Textile Machinery have increased by €162k (8.75k%) from €1.85k to €164k, while imports increased by €540k (7.33k%) from €7.37k to €548k.

Destinations In September 2024, Artificial Textile Machinery were exported mostly to China (€78.8k), Mexico (€77.8k), Canada (€2.9k), Romania (€1.53k), and South Africa (€1.1k), and were imported mostly from United Kingdom (€542k), Italy (€3.37k), Hong Kong (€2.52k), and France (€180).

Growth In September 2024, the increase in Artificial Textile Machinery's year-by-year exports was explained primarily by an increase in exports to . In September 2024, the increase in Artificial Textile Machinery's year-by-year imports was explained primarily by an increase in imports from Japan (€209k or 27.2k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€162k(8.75k%)
IMPORT GROWTH (September 2023 - September 2024)€540k(7.33k%)
MAIN EXPORTER (September 2024)Barcelona€405k
MAIN DESTINATION (September 2024)China€78.8k

This section shows Artificial Textile Machinery'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 Artificial Textile Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.39M
IMPORTS (2022)$7.16M
NET TRADE (2022)-$5.77M

In 2022, Spain exported $1.39M in Artificial Textile Machinery. The main destinations of Spain exports on Artificial Textile Machinery were Russia ($373k), Portugal ($269k), Romania ($160k), Brazil ($158k), and Poland ($71.6k).

In 2022, Spain imported $7.16M in Artificial Textile Machinery, mainly from Japan ($2.83M), Germany ($1.71M), China ($1.02M), Austria ($775k), and Italy ($703k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Artificial Textile Machinery EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Portugal$220k (444%)
Russia$167k (81.1%)
Brazil$158k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Artificial Textile Machinery BY Spain WERE (2021 - 2022):
Mexico-$908k (-97.7%)
Iran-$237k (-100%)
Italy-$180k (-99.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Artificial Textile Machinery were:
Germany $678M
China $325M
Japan $159M
In 2022, Spain's main importing competitors in Artificial Textile Machinery were:
China $489M
Turkey $190M
India $161M

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Trade Value of Artificial Textile Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $88.2k
TOP IMPORT POTENTIALGermany+ $854k

Artificial Textile Machinery’s highest export potential is Turkey. With an export gap of $88.2k.   Artificial Textile Machinery’s highest import potential is Germany with an import gap of $854k.

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