2022
Exports
$6.75BWorld Rnk 4 / 98
Flag Rnk 6 / 1214
2022
PRODUCT COMPLEXITY IN Electricity
-0.67Rnk 750 / 1025
2022
Imports
$2.03BWorld Rnk 20 / 128
Flag Rnk 41 / 1214
2022
ECONOMIC COMPLEXITY of Spain
0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $6.75B in Electricity, making it the 4th largest exporter of Electricity in the world. At the same year, Electricity was the 6th most exported product in Spain. The main destination of Electricity exports from Spain are: France ($3.69B), Portugal ($2.63B), Morocco ($373M), Andorra ($55.1M), and Luxembourg ($426k).

The fastest growing export markets for Electricity of Spain between 2021 and 2022 were France ($2.37B), Portugal ($1.17B), and Morocco ($335M).

Imports In 2022, Spain imported $2.03B in Electricity, becoming the 20th largest importer of Electricity in the world. At the same year, Electricity was the 41st most imported product in Spain. Spain imports Electricity primarily from: France ($1.22B), Portugal ($752M), Morocco ($61.3M), Germany ($3.06M), and Jamaica ($15.7k).

The fastest growing import markets in Electricity for Spain between 2021 and 2022 were Portugal ($185M), Morocco ($32.7M), and Germany ($1.49M).

COMPANIES In 2023, leading companies such as Mahle Behr (30) were at the forefront of shipping Electricity from Spain to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-20.7M(-8.23%)
IMPORT GROWTH (August 2023 - August 2024)€46.7M(30.5%)
MAIN EXPORTER (August 2024)Madrid€353M
MAIN DESTINATION (August 2024)Portugal€159M

This section shows Electricity'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 Electricity over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.75B
IMPORTS (2022)$2.03B
NET TRADE (2022)$4.71B

In 2022, Spain exported $6.75B in Electricity. The main destinations of Spain exports on Electricity were France ($3.69B), Portugal ($2.63B), Morocco ($373M), Andorra ($55.1M), and Luxembourg ($426k).

In 2022, Spain imported $2.03B in Electricity, mainly from France ($1.22B), Portugal ($752M), Morocco ($61.3M), Germany ($3.06M), and Jamaica ($15.7k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electricity EXPORT MARKETS FOR Spain WERE (2021 - 2022):
France$2.37B (180%)
Portugal$1.17B (79.8%)
Morocco$335M (897%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electricity BY Spain WERE (2021 - 2022):
Germany-$888k (-93.9%)
Italy-$27.3k (-49.5%)
Greece-$1.99k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Electricity were:
In 2022, Spain's main importing competitors in Electricity were:
France $14.6B
Germany $12.9B
Italy $11.9B

Explore Visualizations

Trade Value of Electricity by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.11M
TOP IMPORT POTENTIALFrance+ $39.9M

Electricity’s highest export potential is Germany. With an export gap of $1.11M.   Electricity’s highest import potential is France with an import gap of $39.9M.

See methodology.

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