2022
Exports
$31.6MWorld Rnk 17 / 126
Flag Rnk 742 / 1214
2022
PRODUCT COMPLEXITY IN Casting Machines
0.63Rnk 304 / 1025
2022
Imports
$31.8MWorld Rnk 22 / 183
Flag Rnk 763 / 1214
2022
ECONOMIC COMPLEXITY of Spain
0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $31.6M in Casting Machines, making it the 17th largest exporter of Casting Machines in the world. At the same year, Casting Machines was the 742nd most exported product in Spain. The main destination of Casting Machines exports from Spain are: Iran ($6.4M), United States ($3.84M), Canada ($3.27M), Netherlands ($1.77M), and India ($1.72M).

The fastest growing export markets for Casting Machines of Spain between 2021 and 2022 were Netherlands ($1.53M), Brazil ($635k), and South Africa ($549k).

Imports In 2022, Spain imported $31.8M in Casting Machines, becoming the 22nd largest importer of Casting Machines in the world. At the same year, Casting Machines was the 763rd most imported product in Spain. Spain imports Casting Machines primarily from: Italy ($8.47M), Germany ($7.27M), China ($3.94M), Poland ($2.84M), and United States ($2.81M).

The fastest growing import markets in Casting Machines for Spain between 2021 and 2022 were United States ($980k), China ($921k), and Netherlands ($781k).

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€-2.05M(-60%)
IMPORT GROWTH (October 2023 - October 2024)€-1.16M(-33.3%)
MAIN EXPORTER (October 2024)Vizcaya€3.86M
MAIN DESTINATION (October 2024)South Africa€453k

This section shows Casting Machines'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 Casting Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$31.6M
IMPORTS (2022)$31.8M
NET TRADE (2022)-$176k

In 2022, Spain exported $31.6M in Casting Machines. The main destinations of Spain exports on Casting Machines were Iran ($6.4M), United States ($3.84M), Canada ($3.27M), Netherlands ($1.77M), and India ($1.72M).

In 2022, Spain imported $31.8M in Casting Machines, mainly from Italy ($8.47M), Germany ($7.27M), China ($3.94M), Poland ($2.84M), and United States ($2.81M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Casting Machines EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Netherlands$1.53M (633%)
Brazil$635k (325%)
South Africa$549k (323%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Casting Machines BY Spain WERE (2021 - 2022):
Turkey-$8.56M (-94.6%)
United Arab Emirates-$3.55M (-83.2%)
Iran-$3.22M (-33.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Casting Machines were:
China $862M
Italy $360M
Japan $267M
In 2022, Spain's main importing competitors in Casting Machines were:

Explore Visualizations

Trade Value of Casting Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.54M
TOP IMPORT POTENTIALChina+ $2.46M

Casting Machines’s highest export potential is United States. With an export gap of $1.54M.   Casting Machines’s highest import potential is China with an import gap of $2.46M.

See methodology.

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