Citric acid in Spain | The Observatory of Economic Complexity

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Pricing

2022
ExportsfalseWorld Rnk 14 / 124
Flag

Rnk 2119 / 4566

2021 - 2022
FASTEST GROWING MARKET $1.08MPortugal

2022
Origin $20M China

2021 - 2022
FASTEST GROWING ORIGIN $20MChina

2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

Image 1

Link: custom-image-1602

Image 2

Image by Eemil Ahonen
Link: https://flic.kr/p/24JXvct

Latest Trends
Historical Data

About

Exports In 2022, Spain exported $13.3M in Citric acid, making it the 14th largest exporter of Citric acid in the world. At the same year, Citric acid was the 2119th most exported product in Spain. The main destination of Citric acid exports from Spain are: Portugal ($3.43M), Denmark ($2.37M), France ($2.16M), Italy ($1.42M), and Cuba ($493k).

The fastest growing export markets for Citric acid of Spain between 2021 and 2022 were Portugal ($1.08M), Denmark ($812k), and Cuba ($401k).

The fastest growing import markets in Citric acid for Spain between 2021 and 2022 were China ($20M), Germany ($2.79M), and Netherlands ($2.17M).

COMPANIES In 2023, leading companies such as Cosentino (4.19k), Soho Studio (2.13k), and John Deere (2.12k) were at the forefront of shipping Citric acid from Spain to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Spain's Citric acid exports accounted up to €625k and imports accounted up to €3.36M, resulting in a negative trade balance of €2.74M. Between June 2023 and June 2024 the exports of Spain's Citric acid have decreased by €-322k (-34%) from €947k to €625k, while imports decreased by €-767k (-18.6%) from €4.13M to €3.36M.

Destinations In June 2024, Citric acid were exported mostly to United States (€172k), Portugal (€86.4k), Denmark (€68.6k), Mexico (€65.4k), and France (€50.8k), and were imported mostly from China (€1.47M), Austria (€630k), Belgium (€569k), Germany (€331k), and Ireland (€139k).

Growth In June 2024, the decrease in Citric acid's year-by-year exports was explained primarily by a decrease in exports to N/A. In June 2024, the decrease in Citric acid's year-by-year imports was explained primarily by a decrease in imports from China (€-3.68M or -62.9%), France (€-1.77M or -99.8%), and Austria (€-340k or -55.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)€-322k(-34%)

IMPORT GROWTH (June 2023 - June 2024)€-767k(-18.6%)

MAIN EXPORTER (June 2024)Barcelona€403k

MAIN DESTINATION (June 2024)United States€172k

This section shows Citric acid'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 Citric acid over time.

For full datasets download visit Bulk Download page.

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Unit Prices

Flow

Exports

Imports

Value

Unit Price

Index (YoY)

Growth (YoY)

The following visualization shows the unit prices for Citric acid throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$13.3M

In 2022, Spain exported $13.3M in Citric acid. The main destinations of Spain exports on Citric acid were Portugal ($3.43M), Denmark ($2.37M), France ($2.16M), Italy ($1.42M), and Cuba ($493k).

In N/A, Spain imported N/A in Citric acid, mainly from China ($46.3M), Belgium ($8.79M), Austria ($7.3M), Germany ($4.59M), and Thailand ($4.39M).

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