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2022
Exports $660MWorld Rnk 20 / 218
Flag Rnk 141 / 1214
2022
Destination $10.7M France
2021 - 2022
FASTEST GROWING MARKET $10.7MFrance
2022
PRODUCT COMPLEXITY IN Electrical Power Accessories0.91Rnk 204 / 1025
2022
Imports $640MWorld Rnk 19 / 225
Flag Rnk 148 / 1214
2022
Origin $16.6M Germany
2021 - 2022
FASTEST GROWING ORIGIN $16.6MBulgaria
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $660M in Electrical Power Accessories, making it the 20th largest exporter of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 141st most exported product in Spain. The main destination of Electrical Power Accessories exports from Spain are: France ($111M), Morocco ($60.4M), Egypt ($43.3M), Germany ($35.7M), and United Arab Emirates ($35.2M).

The fastest growing export markets for Electrical Power Accessories of Spain between 2021 and 2022 were France ($10.7M), Tunisia ($5.94M), and Netherlands ($3.77M).

Imports In 2022, Spain imported $640M in Electrical Power Accessories, becoming the 19th largest importer of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 148th most imported product in Spain. Spain imports Electrical Power Accessories primarily from: Germany ($146M), France ($91.4M), China ($53M), Italy ($48.6M), and Bulgaria ($44.1M).

The fastest growing import markets in Electrical Power Accessories for Spain between 2021 and 2022 were Bulgaria ($16.6M), United Kingdom ($12.3M), and Portugal ($8.34M).

COMPANIES In 2023, leading companies such as ABB Motors and Mechanical (4) and Mahle Behr (3) were at the forefront of shipping Electrical Power Accessories from Spain to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Spain's Electrical Power Accessories exports accounted up to €44.6M and imports accounted up to €53.7M, resulting in a negative trade balance of €9.1M. Between June 2023 and June 2024 the exports of Spain's   Electrical Power Accessories have decreased by €-16.1M (-26.5%) from €60.7M to €44.6M, while imports decreased by €-867k (-1.59%) from €54.6M to €53.7M.

Destinations In June 2024, Electrical Power Accessories were exported mostly to France (€10.7M), Morocco (€6.89M), Italy (€2.71M), Portugal (€2.07M), and Germany (€1.97M), and were imported mostly from Germany (€12.7M), France (€7.55M), Morocco (€6.7M), Italy (€6.02M), and China (€5.8M).

Growth In June 2024, the decrease in Electrical Power Accessories's year-by-year exports was explained primarily by a decrease in exports to South Africa (€-3.93M or -78.1%), Germany (€-2.72M or -54.4%), and Argentina (€-881k or -33.5%). In June 2024, the decrease in Electrical Power Accessories's year-by-year imports was explained primarily by a decrease in imports from France (€-1.54M or -18.2%), Hungary (€-675k or -62.7%), and Ireland (€-406k or -53.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-16.1M(-26.5%)
IMPORT GROWTH (June 2023 - June 2024)€-867k(-1.59%)
MAIN EXPORTER (June 2024)Barcelona€34.1M
MAIN DESTINATION (June 2024)France€10.7M

This section shows Electrical Power Accessories'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 Electrical Power Accessories over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$660M
IMPORTS (2022)$640M
NET TRADE (2022)$20.6M

In 2022, Spain exported $660M in Electrical Power Accessories. The main destinations of Spain exports on Electrical Power Accessories were France ($111M), Morocco ($60.4M), Egypt ($43.3M), Germany ($35.7M), and United Arab Emirates ($35.2M).

In 2022, Spain imported $640M in Electrical Power Accessories, mainly from Germany ($146M), France ($91.4M), China ($53M), Italy ($48.6M), and Bulgaria ($44.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Power Accessories EXPORT MARKETS FOR Spain WERE (2021 - 2022):
France$10.7M (10.6%)
Tunisia$5.94M (47.4%)
Netherlands$3.77M (20.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Power Accessories BY Spain WERE (2021 - 2022):
Germany-$21M (-37.1%)
United Arab Emirates-$17.8M (-33.5%)
Denmark-$16M (-91.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Electrical Power Accessories were:
China $6.47B
Germany $6.36B
United States $4.96B
In 2022, Spain's main importing competitors in Electrical Power Accessories were:
United States $4.94B
Mexico $4.2B
China $3.93B

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Trade Value of Electrical Power Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $30.9M
TOP IMPORT POTENTIALChina+ $31.9M

Electrical Power Accessories’s highest export potential is France. With an export gap of $30.9M.   Electrical Power Accessories’s highest import potential is China with an import gap of $31.9M.

See methodology.

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