Enzymes in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $48.5M in Enzymes, making it the 21st largest exporter of Enzymes in the world. At the same year, Enzymes was the 652nd most exported product in Spain. The main destination of Enzymes exports from Spain are: United States ($11.4M), Portugal ($4.9M), France ($4.13M), Italy ($2.87M), and Russia ($2.09M).

The fastest growing export markets for Enzymes of Spain between 2021 and 2022 were United States ($8M), France ($1.11M), and Switzerland ($635k).

Imports In 2022, Spain imported $158M in Enzymes, becoming the 12th largest importer of Enzymes in the world. At the same year, Enzymes was the 428th most imported product in Spain. Spain imports Enzymes primarily from: Denmark ($46.8M), France ($31.1M), Netherlands ($28.6M), Germany ($17M), and Belgium ($5.5M).

The fastest growing import markets in Enzymes for Spain between 2021 and 2022 were Italy ($1.37M), Poland ($1.04M), and Mexico ($938k).

Latest Trends

August 2024

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Overview In August 2024 Spain's Enzymes exports accounted up to €2.82M and imports accounted up to €15M, resulting in a negative trade balance of €12.2M. Between August 2023 and August 2024 the exports of Spain's Enzymes have decreased by €-493k (-14.9%) from €3.31M to €2.82M, while imports increased by €4.47M (42.5%) from €10.5M to €15M.

Destinations In August 2024, Enzymes were exported mostly to Portugal (€444k), Italy (€208k), Poland (€175k), United Kingdom (€162k), and Netherlands (€159k), and were imported mostly from Denmark (€4.37M), Netherlands (€2.77M), France (€2.15M), India (€1.13M), and Finland (€787k).

Growth In August 2024, the decrease in Enzymes's year-by-year exports was explained primarily by a decrease in exports to Brazil (€-253k or -69%), Chile (€-159k or -97.7%), and Italy (€-124k or -36.7%). In August 2024, the increase in Enzymes's year-by-year imports was explained primarily by an increase in imports from France (€463k or 28.9%), Bulgaria (€153k or 35.6%), and Netherlands (€144k or 8.51%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2023 - August 2024)€-493k(-14.9%)

IMPORT GROWTH (August 2023 - August 2024)€4.47M(42.5%)

MAIN EXPORTER (August 2024)Barcelona€1.24M

MAIN DESTINATION (August 2024)Portugal€444k

This section shows Enzymes'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 Enzymes over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$48.5M

IMPORTS (2022)$158M

NET TRADE (2022)-$109M

In 2022, Spain exported $48.5M in Enzymes. The main destinations of Spain exports on Enzymes were United States ($11.4M), Portugal ($4.9M), France ($4.13M), Italy ($2.87M), and Russia ($2.09M).

In 2022, Spain imported $158M in Enzymes, mainly from Denmark ($46.8M), France ($31.1M), Netherlands ($28.6M), Germany ($17M), and Belgium ($5.5M).

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