Carboxylic Acids in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $262M in Carboxylic Acids, making it the 15th largest exporter of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 284th most exported product in Spain. The main destination of Carboxylic Acids exports from Spain are: United States ($34.1M), France ($31.6M), Italy ($29.8M), Germany ($22.4M), and Mexico ($20.3M).

The fastest growing export markets for Carboxylic Acids of Spain between 2021 and 2022 were Mexico ($6.55M), Turkey ($3.43M), and Brazil ($2.41M).

Imports In 2022, Spain imported $405M in Carboxylic Acids, becoming the 10th largest importer of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 216th most imported product in Spain. Spain imports Carboxylic Acids primarily from: China ($147M), Netherlands ($46.2M), Germany ($32.2M), France ($30.1M), and Italy ($25.5M).

The fastest growing import markets in Carboxylic Acids for Spain between 2021 and 2022 were China ($36.3M), Netherlands ($23.4M), and Thailand ($11.9M).

COMPANIES In 2023, leading companies such as GIVAUDAN FRAGRANCES CORPORATION (2) and RED BULL NORTH AMERICA INC (1) were at the forefront of shipping Carboxylic Acids from Spain to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Spain's Carboxylic Acids exports accounted up to €18.3M and imports accounted up to €35M, resulting in a negative trade balance of €16.7M. Between February 2023 and February 2024 the exports of Spain's Carboxylic Acids have decreased by €-592k (-3.14%) from €18.9M to €18.3M, while imports increased by €7.87M (29%) from €27.1M to €35M.

Destinations In February 2024, Carboxylic Acids were exported mostly to Mexico (€2.19M), United States (€2.16M), France (€1.84M), South Korea (€1.64M), and Germany (€1.39M), and were imported mostly from China (€13.3M), Italy (€3.08M), India (€2.61M), Germany (€2.29M), and Netherlands (€2.18M).

Growth In February 2024, the decrease in Carboxylic Acids's year-by-year exports was explained primarily by a decrease in exports to France (€-764k or -22.6%), Turkey (€-414k or -32.5%), and Hungary (€-238k or -95.6%). In February 2024, the increase in Carboxylic Acids's year-by-year imports was explained primarily by an increase in imports from Thailand (€3.13M or 753%), Mexico (€808k or 940%), and Germany (€191k or 12.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€-592k(-3.14%)

IMPORT GROWTH (February 2023 - February 2024)€7.87M(29%)

MAIN EXPORTER (February 2024)Barcelona€14.2M

MAIN DESTINATION (February 2024)Mexico€2.19M

This section shows Carboxylic Acids'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 Carboxylic Acids over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$262M

IMPORTS (2022)$405M

NET TRADE (2022)-$143M

In 2022, Spain exported $262M in Carboxylic Acids. The main destinations of Spain exports on Carboxylic Acids were United States ($34.1M), France ($31.6M), Italy ($29.8M), Germany ($22.4M), and Mexico ($20.3M).

In 2022, Spain imported $405M in Carboxylic Acids, mainly from China ($147M), Netherlands ($46.2M), Germany ($32.2M), France ($30.1M), and Italy ($25.5M).

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