Engine Parts in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $819M in Engine Parts, making it the 20th largest exporter of Engine Parts in the world. At the same year, Engine Parts was the 105th most exported product in Spain. The main destination of Engine Parts exports from Spain are: Germany ($207M), United States ($107M), United Kingdom ($92.7M), France ($81.8M), and Portugal ($59.9M).

The fastest growing export markets for Engine Parts of Spain between 2021 and 2022 were United Kingdom ($24.4M), South Korea ($22.3M), and Italy ($9.06M).

Imports In 2022, Spain imported $1.26B in Engine Parts, becoming the 17th largest importer of Engine Parts in the world. At the same year, Engine Parts was the 79th most imported product in Spain. Spain imports Engine Parts primarily from: Germany ($329M), Mexico ($139M), France ($132M), Italy ($90.5M), and China ($79.7M).

The fastest growing import markets in Engine Parts for Spain between 2021 and 2022 were Mexico ($45.6M), China ($23.5M), and Germany ($18M).

COMPANIES In 2023, leading companies such as ROBERT BOSCH LLC (3), TEAM HARDINGER (3), and FORD MOTOR COMPANY (1) were at the forefront of shipping Engine Parts from Spain to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Spain's Engine Parts exports accounted up to €75.6M and imports accounted up to €106M, resulting in a negative trade balance of €30.2M. Between February 2023 and February 2024 the exports of Spain's Engine Parts have increased by €2.64M (3.62%) from €73M to €75.6M, while imports increased by €7.69M (7.84%) from €98.1M to €106M.

Destinations In February 2024, Engine Parts were exported mostly to Germany (€17.3M), United States (€9.47M), United Kingdom (€7.82M), France (€6.11M), and Portugal (€5.73M), and were imported mostly from Germany (€24.6M), Mexico (€9.78M), Italy (€7.01M), Turkey (€6.82M), and France (€6.71M).

Growth In February 2024, the increase in Engine Parts's year-by-year exports was explained primarily by an increase in exports to France (€7.15M or 138%), United Kingdom (€2.49M or 57.2%), and Portugal (€2.14M or 72.5%). In February 2024, the increase in Engine Parts's year-by-year imports was explained primarily by an increase in imports from Mexico (€7.64M or 67.3%), United States (€4.19M or 71%), and France (€3.05M or 42.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€2.64M(3.62%)

IMPORT GROWTH (February 2023 - February 2024)€7.69M(7.84%)

MAIN EXPORTER (February 2024)Valencia€13.7M

MAIN DESTINATION (February 2024)Germany€17.3M

This section shows Engine Parts'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 Engine Parts over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$819M

IMPORTS (2022)$1.26B

NET TRADE (2022)-$446M

In 2022, Spain exported $819M in Engine Parts. The main destinations of Spain exports on Engine Parts were Germany ($207M), United States ($107M), United Kingdom ($92.7M), France ($81.8M), and Portugal ($59.9M).

In 2022, Spain imported $1.26B in Engine Parts, mainly from Germany ($329M), Mexico ($139M), France ($132M), Italy ($90.5M), and China ($79.7M).

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