Corn in Spain | The Observatory of Economic Complexity

About

Exports In 2022, Spain exported $113M in Corn, making it the 29th largest exporter of Corn in the world. At the same year, Corn was the 455th most exported product in Spain. The main destination of Corn exports from Spain are: France ($30.7M), Portugal ($25.7M), United Kingdom ($12.5M), Turkey ($7.75M), and Belgium ($5.3M).

The fastest growing export markets for Corn of Spain between 2021 and 2022 were Portugal ($9.29M), Belgium ($4.85M), and United Kingdom ($4.73M).

Imports In 2022, Spain imported $3.33B in Corn, becoming the 4th largest importer of Corn in the world. At the same year, Corn was the 14th most imported product in Spain. Spain imports Corn primarily from: Brazil ($1.36B), Ukraine ($662M), France ($497M), Romania ($308M), and United States ($172M).

The fastest growing import markets in Corn for Spain between 2021 and 2022 were Brazil ($959M), United States ($172M), and France ($86.8M).

Latest Trends

February 2024

About

Overview In February 2024 Spain's Corn exports accounted up to €14.3M and imports accounted up to €224M, resulting in a negative trade balance of €210M. Between February 2023 and February 2024 the exports of Spain's Corn have increased by €146k (1.03%) from €14.1M to €14.3M, while imports increased by €20.4M (10%) from €204M to €224M.

Destinations In February 2024, Corn were exported mostly to Portugal (€6.13M), France (€2.16M), United Kingdom (€1.73M), Turkey (€619k), and Belgium (€510k), and were imported mostly from Ukraine (€158M), France (€40M), Romania (€7.88M), Latvia (€7.6M), and Moldova (€3.62M).

Growth In February 2024, the increase in Corn's year-by-year exports was explained primarily by an increase in exports to Saudi Arabia (€882k or 922%), Romania (€441k or 233%), and Italy (€349k or 144%). In February 2024, the increase in Corn's year-by-year imports was explained primarily by an increase in imports from Brazil (€118M or 360%), Portugal (€4.65M or 304%), and Argentina (€109k or 225%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€146k(1.03%)

IMPORT GROWTH (February 2023 - February 2024)€20.4M(10%)

MAIN EXPORTER (February 2024)Valencia€5.91M

MAIN DESTINATION (February 2024)Portugal€6.13M

This section shows Corn'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 Corn over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$113M

IMPORTS (2022)$3.33B

NET TRADE (2022)-$3.22B

In 2022, Spain exported $113M in Corn. The main destinations of Spain exports on Corn were France ($30.7M), Portugal ($25.7M), United Kingdom ($12.5M), Turkey ($7.75M), and Belgium ($5.3M).

In 2022, Spain imported $3.33B in Corn, mainly from Brazil ($1.36B), Ukraine ($662M), France ($497M), Romania ($308M), and United States ($172M).

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