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Pricing

2022
Exports $161MWorld Rnk 13 / 148
Flag Rnk 384 / 1214
2022
Destination $22.8M Italy
2021 - 2022
FASTEST GROWING MARKET $22.8MItaly
2022
PRODUCT COMPLEXITY IN Butter0.015Rnk 543 / 1025
2022
Imports $205MWorld Rnk 12 / 220
Flag Rnk 352 / 1214
2022
Origin $26.9M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $26.9MNetherlands
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $161M in Butter, making it the 13th largest exporter of Butter in the world. At the same year, Butter was the 384th most exported product in Spain. The main destination of Butter exports from Spain are: Italy ($69.6M), France ($48.2M), Portugal ($11.8M), Belgium ($10.8M), and Netherlands ($6.22M).

The fastest growing export markets for Butter of Spain between 2021 and 2022 were Italy ($22.8M), France ($11M), and Portugal ($4.98M).

Imports In 2022, Spain imported $205M in Butter, becoming the 12th largest importer of Butter in the world. At the same year, Butter was the 352nd most imported product in Spain. Spain imports Butter primarily from: Netherlands ($52M), France ($32.5M), Belgium ($29.9M), Germany ($27.1M), and Ireland ($25M).

The fastest growing import markets in Butter for Spain between 2021 and 2022 were Netherlands ($26.9M), Ireland ($14.8M), and Poland ($8.07M).

Latest Trends

July 2024

About

Overview In July 2024 Spain's Butter exports accounted up to €11.4M and imports accounted up to €19.1M, resulting in a negative trade balance of €7.72M. Between July 2023 and July 2024 the exports of Spain's   Butter have increased by €4.08M (55.6%) from €7.34M to €11.4M, while imports increased by €3.93M (25.9%) from €15.2M to €19.1M.

Destinations In July 2024, Butter were exported mostly to Italy (€5M), France (€3.36M), Belgium (€897k), Portugal (€627k), and Cuba (€407k), and were imported mostly from Netherlands (€5.54M), France (€3.34M), Portugal (€2.98M), Belgium (€2.55M), and Germany (€2.26M).

Growth In July 2024, the increase in Butter's year-by-year exports was explained primarily by an increase in exports to Portugal (€761k or 227%), Belgium (€679k or 81.4%), and Netherlands (€108k or 11.7k%). In July 2024, the increase in Butter's year-by-year imports was explained primarily by an increase in imports from Netherlands (€1.17M or 46.8%), Germany (€994k or 63.5%), and Portugal (€863k or 281%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€4.08M(55.6%)
IMPORT GROWTH (July 2023 - July 2024)€3.93M(25.9%)
MAIN EXPORTER (July 2024)Asturias€9.89M
MAIN DESTINATION (July 2024)Italy€5M

This section shows Butter'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 Butter over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$161M
IMPORTS (2022)$205M
NET TRADE (2022)-$43.6M

In 2022, Spain exported $161M in Butter. The main destinations of Spain exports on Butter were Italy ($69.6M), France ($48.2M), Portugal ($11.8M), Belgium ($10.8M), and Netherlands ($6.22M).

In 2022, Spain imported $205M in Butter, mainly from Netherlands ($52M), France ($32.5M), Belgium ($29.9M), Germany ($27.1M), and Ireland ($25M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Butter EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Italy$22.8M (48.9%)
France$11M (29.4%)
Portugal$4.98M (73.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY Spain WERE (2021 - 2022):
China-$1.77M (-99.4%)
Libya-$612k (-100%)
Germany-$584k (-74.6%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Butter were:
New Zealand $2.78B
Netherlands $2.03B
Ireland $1.46B
In 2022, Spain's main importing competitors in Butter were:
France $1.53B
Netherlands $1.04B
Germany $987M

Explore Visualizations

Trade Value of Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $13.8M
TOP IMPORT POTENTIALFrance+ $10M

Butter’s highest export potential is France. With an export gap of $13.8M.   Butter’s highest import potential is France with an import gap of $10M.

See methodology.

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