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2022
Exports $64.9MWorld Rnk 10 / 135
Flag Rnk 587 / 1214
2022
Destination $22M France
2021 - 2022
FASTEST GROWING MARKET $22MFrance
2022
PRODUCT COMPLEXITY IN Asphalt-0.09Rnk 576 / 1025
2022
Imports $13.8MWorld Rnk 38 / 213
Flag Rnk 929 / 1214
2022
Origin $2.85M Portugal
2021 - 2022
FASTEST GROWING ORIGIN $2.85MPortugal
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $64.9M in Asphalt, making it the 10th largest exporter of Asphalt in the world. At the same year, Asphalt was the 587th most exported product in Spain. The main destination of Asphalt exports from Spain are: France ($32.3M), Portugal ($11.6M), Germany ($3.98M), United Kingdom ($2.58M), and Turkey ($2.01M).

The fastest growing export markets for Asphalt of Spain between 2021 and 2022 were France ($22M), Portugal ($4.54M), and United Kingdom ($876k).

Imports In 2022, Spain imported $13.8M in Asphalt, becoming the 38th largest importer of Asphalt in the world. At the same year, Asphalt was the 929th most imported product in Spain. Spain imports Asphalt primarily from: Portugal ($3.74M), Italy ($3.04M), France ($2.8M), Poland ($1.08M), and Germany ($983k).

The fastest growing import markets in Asphalt for Spain between 2021 and 2022 were Portugal ($2.85M), Italy ($771k), and Turkey ($79.1k).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Asphalt exports accounted up to €6.75M and imports accounted up to €809k, resulting in a positive trade balance of €5.94M. Between June 2023 and June 2024 the exports of Spain's   Asphalt have increased by €1.37M (25.4%) from €5.38M to €6.75M, while imports decreased by €-798k (-49.7%) from €1.61M to €809k.

Destinations In June 2024, Asphalt were exported mostly to France (€3.93M), Portugal (€1.29M), United Kingdom (€234k), Chile (€209k), and Morocco (€193k), and were imported mostly from Italy (€345k), France (€177k), Portugal (€151k), Turkey (€61.4k), and Germany (€34.2k).

Growth In June 2024, the increase in Asphalt's year-by-year exports was explained primarily by an increase in exports to France (€2.07M or 300%), Portugal (€145k or 17%), and Morocco (€121k or 5.66k%). In June 2024, the decrease in Asphalt's year-by-year imports was explained primarily by a decrease in imports from France (€-144k or -55.8%), Lithuania (€-45.3k or -95.3%), and Germany (€-41.4k or -81.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€1.37M(25.4%)
IMPORT GROWTH (June 2023 - June 2024)€-798k(-49.7%)
MAIN EXPORTER (June 2024)Barcelona€3.15M
MAIN DESTINATION (June 2024)France€3.93M

This section shows Asphalt'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 Asphalt over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$64.9M
IMPORTS (2022)$13.8M
NET TRADE (2022)$51.1M

In 2022, Spain exported $64.9M in Asphalt. The main destinations of Spain exports on Asphalt were France ($32.3M), Portugal ($11.6M), Germany ($3.98M), United Kingdom ($2.58M), and Turkey ($2.01M).

In 2022, Spain imported $13.8M in Asphalt, mainly from Portugal ($3.74M), Italy ($3.04M), France ($2.8M), Poland ($1.08M), and Germany ($983k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Asphalt EXPORT MARKETS FOR Spain WERE (2021 - 2022):
France$22M (213%)
Portugal$4.54M (64%)
United Kingdom$876k (51.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asphalt BY Spain WERE (2021 - 2022):
Mexico-$1.24M (-79.3%)
Morocco-$717k (-29%)
Chile-$276k (-24.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Asphalt were:
United States $405M
Canada $373M
Italy $301M
In 2022, Spain's main importing competitors in Asphalt were:
United States $422M
Canada $343M
Netherlands $125M

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Trade Value of Asphalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $1.29M
TOP IMPORT POTENTIALFrance+ $904k

Asphalt’s highest export potential is United Kingdom. With an export gap of $1.29M.   Asphalt’s highest import potential is France with an import gap of $904k.

See methodology.

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