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2023
Exports $1.4BWorld Rnk 12 / 212
Flag Rnk 51 / 1215
2023
Destination $77.9M France
2022 - 2023
FASTEST GROWING MARKET $77.9MFrance
2023
PRODUCT COMPLEXITY IN Electric Batteries1.17Rnk 118 / 1025
2023
Imports $3.72BWorld Rnk 14 / 224
Flag Rnk 12 / 1214
2023
Origin $287M China
2022 - 2023
FASTEST GROWING ORIGIN $287MChina
2023
ECONOMIC COMPLEXITY of Spain0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $1.4B in Electric Batteries, making it the 12th largest exporter of Electric Batteries in the world. At the same year, Electric Batteries was the 51st most exported product in Spain. The main destination of Electric Batteries exports from Spain are: France ($283M), Germany ($175M), Italy ($172M), United Kingdom ($108M), and Poland ($99.5M).

The fastest growing export markets for Electric Batteries of Spain between 2022 and 2023 were France ($77.9M), Germany ($54M), and Italy ($39.7M).

Imports In 2023, Spain imported $3.72B in Electric Batteries, becoming the 14th largest importer of Electric Batteries in the world. At the same year, Electric Batteries was the 12th most imported product in Spain. Spain imports Electric Batteries primarily from: China ($2.15B), Czechia ($303M), Germany ($289M), Hungary ($245M), and France ($135M).

The fastest growing import markets in Electric Batteries for Spain between 2022 and 2023 were China ($287M), Czechia ($98.6M), and Germany ($48M).

Latest Trends

December 2024

About

Overview In December 2024 Spain's Electric Batteries exports accounted up to €97.2M and imports accounted up to €238M, resulting in a negative trade balance of €140M. Between December 2023 and December 2024 the exports of Spain's   Electric Batteries have increased by €297k (0.31%) from €96.9M to €97.2M, while imports decreased by €-158M (-39.9%) from €396M to €238M.

Destinations In December 2024, Electric Batteries were exported mostly to France (€20.8M), Portugal (€11.8M), Italy (€10.2M), United Kingdom (€9.33M), and Poland (€5.86M), and were imported mostly from China (€87.3M), Hong Kong (€68.2M), Germany (€28.1M), Italy (€8.29M), and France (€6.26M).

Growth In December 2024, the increase in Electric Batteries's year-by-year exports was explained primarily by an increase in exports to Italy (€5.66M or 51.6%), United Kingdom (€5.42M or 54.3%), and Portugal (€2.7M or 28.6%). In December 2024, the decrease in Electric Batteries's year-by-year imports was explained primarily by a decrease in imports from China (€-147M or -74.7%), Czechia (€-4.76M or -21.5%), and Hungary (€-2.58M or -12.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)€297k(0.31%)
IMPORT GROWTH (December 2023 - December 2024)€-158M(-39.9%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)France€20.8M

This section shows Electric Batteries'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 Electric Batteries over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.4B
IMPORTS (2023)$3.72B
NET TRADE (2023)-$2.32B

In 2023, Spain exported $1.4B in Electric Batteries. The main destinations of Spain exports on Electric Batteries were France ($283M), Germany ($175M), Italy ($172M), United Kingdom ($108M), and Poland ($99.5M).

In 2023, Spain imported $3.72B in Electric Batteries, mainly from China ($2.15B), Czechia ($303M), Germany ($289M), Hungary ($245M), and France ($135M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Batteries EXPORT MARKETS FOR Spain WERE (2022 - 2023):
France$77.9M (38%)
Germany$54M (44.5%)
Italy$39.7M (29.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Batteries BY Spain WERE (2022 - 2023):
United States-$76.5M (-78%)
Saudi Arabia-$12.6M (-40.4%)
United Arab Emirates-$4.91M (-33.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Electric Batteries were:
China $80B
Poland $12.7B
South Korea $10B
In 2023, Spain's main importing competitors in Electric Batteries were:
Germany $29B
United States $26.7B
South Korea $9.39B

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Trade Value of Electric Batteries by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $76.4M
TOP IMPORT POTENTIALGermany+ $65.6M

Electric Batteries’s highest export potential is Germany. With an export gap of $76.4M.   Electric Batteries’s highest import potential is Germany with an import gap of $65.6M.

See methodology.

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