2023
Exports
$114MWorld Rnk 6 / 151
Flag Rnk 450 / 1215
2023
PRODUCT COMPLEXITY IN Coconut Oil
-1.7Rnk 972 / 1025
2023
Imports
$209MWorld Rnk 7 / 210
Flag Rnk 340 / 1214
2023
ECONOMIC COMPLEXITY of Spain
0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $114M in Coconut Oil, making it the 6th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 450th most exported product in Spain. The main destination of Coconut Oil exports from Spain are: Italy ($47.4M), France ($21.8M), Belgium ($16.6M), Germany ($5.86M), and Ireland ($4.51M).

The fastest growing export markets for Coconut Oil of Spain between 2022 and 2023 were Italy ($25.6M), France ($11.2M), and Belgium ($8.22M).

Imports In 2023, Spain imported $209M in Coconut Oil, becoming the 7th largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 340th most imported product in Spain. Spain imports Coconut Oil primarily from: Philippines ($84.8M), Malaysia ($19.1M), Honduras ($19M), Indonesia ($15.4M), and Guatemala ($14.9M).

The fastest growing import markets in Coconut Oil for Spain between 2022 and 2023 were Honduras ($10.7M), Italy ($10.5M), and Philippines ($9.78M).

Latest Trends

December 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)€84k(2.15%)
IMPORT GROWTH (December 2023 - December 2024)€10.4M(69.5%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)Italy€1.89M

This section shows Coconut Oil'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 Coconut Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$114M
IMPORTS (2023)$209M
NET TRADE (2023)-$95M

In 2023, Spain exported $114M in Coconut Oil. The main destinations of Spain exports on Coconut Oil were Italy ($47.4M), France ($21.8M), Belgium ($16.6M), Germany ($5.86M), and Ireland ($4.51M).

In 2023, Spain imported $209M in Coconut Oil, mainly from Philippines ($84.8M), Malaysia ($19.1M), Honduras ($19M), Indonesia ($15.4M), and Guatemala ($14.9M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR Spain WERE (2022 - 2023):
Italy$25.6M (117%)
France$11.2M (106%)
Belgium$8.22M (97.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY Spain WERE (2022 - 2023):
Portugal-$1.24M (-28.4%)
Ukraine-$562k (-100%)
United States-$150k (-28%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Coconut Oil were:
In 2023, Spain's main importing competitors in Coconut Oil were:

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.38M
TOP IMPORT POTENTIALIndonesia+ $15M

Coconut Oil’s highest export potential is Germany. With an export gap of $2.38M.   Coconut Oil’s highest import potential is Indonesia with an import gap of $15M.

See methodology.

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