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2022
Exports $213MWorld Rnk 29 / 214
Flag Rnk 330 / 1214
2022
Destination $6.83M Portugal
2021 - 2022
FASTEST GROWING MARKET $6.83MUnited States
2022
PRODUCT COMPLEXITY IN Chemical Analysis Instruments1.69Rnk 26 / 1025
2022
Imports $909MWorld Rnk 17 / 225
Flag Rnk 115 / 1214
2022
Origin $47.4M Germany
2021 - 2022
FASTEST GROWING ORIGIN $47.4MNetherlands
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $213M in Chemical Analysis Instruments, making it the 29th largest exporter of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 330th most exported product in Spain. The main destination of Chemical Analysis Instruments exports from Spain are: Portugal ($47.7M), United States ($19.9M), Germany ($13.2M), Italy ($11M), and France ($10.3M).

The fastest growing export markets for Chemical Analysis Instruments of Spain between 2021 and 2022 were United States ($6.83M), Saudi Arabia ($4.89M), and Germany ($2.44M).

Imports In 2022, Spain imported $909M in Chemical Analysis Instruments, becoming the 17th largest importer of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 115th most imported product in Spain. Spain imports Chemical Analysis Instruments primarily from: Germany ($326M), Netherlands ($128M), United States ($104M), France ($44.8M), and Italy ($35.3M).

The fastest growing import markets in Chemical Analysis Instruments for Spain between 2021 and 2022 were Netherlands ($47.4M), United States ($25.3M), and Ireland ($9.47M).

Latest Trends

September 2024

About

Overview In September 2024 Spain's Chemical Analysis Instruments exports accounted up to €19.4M and imports accounted up to €57.6M, resulting in a negative trade balance of €38.2M. Between September 2023 and September 2024 the exports of Spain's   Chemical Analysis Instruments have increased by €1.63M (9.18%) from €17.7M to €19.4M, while imports decreased by €-21.3M (-27%) from €78.8M to €57.6M.

Destinations In September 2024, Chemical Analysis Instruments were exported mostly to Portugal (€4.29M), United States (€2.02M), Mexico (€1.07M), Morocco (€1.03M), and Italy (€1.01M), and were imported mostly from Germany (€15.4M), United States (€9.74M), Netherlands (€7.81M), France (€3.25M), and Japan (€2.93M).

Growth In September 2024, the increase in Chemical Analysis Instruments's year-by-year exports was explained primarily by an increase in exports to Italy (€1.15M or 170%), United States (€939k or 115%), and Portugal (€759k or 28.5%). In September 2024, the decrease in Chemical Analysis Instruments's year-by-year imports was explained primarily by a decrease in imports from Germany (€-14.9M or -54.4%), Ireland (€-904k or -83.3%), and China (€-901k or -24.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€1.63M(9.18%)
IMPORT GROWTH (September 2023 - September 2024)€-21.3M(-27%)
MAIN EXPORTER (September 2024)Barcelona€13M
MAIN DESTINATION (September 2024)Portugal€4.29M

This section shows Chemical Analysis Instruments'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 Chemical Analysis Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$213M
IMPORTS (2022)$909M
NET TRADE (2022)-$696M

In 2022, Spain exported $213M in Chemical Analysis Instruments. The main destinations of Spain exports on Chemical Analysis Instruments were Portugal ($47.7M), United States ($19.9M), Germany ($13.2M), Italy ($11M), and France ($10.3M).

In 2022, Spain imported $909M in Chemical Analysis Instruments, mainly from Germany ($326M), Netherlands ($128M), United States ($104M), France ($44.8M), and Italy ($35.3M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical Analysis Instruments EXPORT MARKETS FOR Spain WERE (2021 - 2022):
United States$6.83M (52.3%)
Saudi Arabia$4.89M (254%)
Germany$2.44M (22.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Analysis Instruments BY Spain WERE (2021 - 2022):
Portugal-$9.45M (-16.5%)
China-$6.48M (-43.2%)
Algeria-$2.07M (-60.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Chemical Analysis Instruments were:
United States $10.9B
Germany $8.97B
Japan $5.27B
In 2022, Spain's main importing competitors in Chemical Analysis Instruments were:
China $8.3B
United States $7.97B
Germany $4.94B

Explore Visualizations

Trade Value of Chemical Analysis Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $16.5M
TOP IMPORT POTENTIALFrance+ $30.8M

Chemical Analysis Instruments’s highest export potential is United States. With an export gap of $16.5M.   Chemical Analysis Instruments’s highest import potential is France with an import gap of $30.8M.

See methodology.

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