Enzymes in Spain | The Observatory of Economic Complexity

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Exports In 2023, Spain exported $74.2M in Enzymes, making it the 15th largest exporter of Enzymes in the world. At the same year, Enzymes was the 554th most exported product in Spain. The main destination of Enzymes exports from Spain are: United States ($18.5M), Switzerland ($17M), Portugal ($5.95M), France ($3.93M), and Italy ($3.07M).

The fastest growing export markets for Enzymes of Spain between 2022 and 2023 were Switzerland ($15.9M), Poland ($1.08M), and Estonia ($740k).

Imports In 2023, Spain imported $163M in Enzymes, becoming the 10th largest importer of Enzymes in the world. At the same year, Enzymes was the 388th most imported product in Spain. Spain imports Enzymes primarily from: Denmark ($56.8M), Netherlands ($28.5M), France ($24.9M), Germany ($11.2M), and Belgium ($7.48M).

The fastest growing import markets in Enzymes for Spain between 2022 and 2023 were Denmark ($4.77M), Finland ($1.15M), and Belgium ($1.02M).

Latest Trends

November 2024

About

Overview In November 2024 Spain's Enzymes exports accounted up to €2.47M and imports accounted up to €13.5M, resulting in a negative trade balance of €11.1M. Between November 2023 and November 2024 the exports of Spain's Enzymes have decreased by €-342k (-12.2%) from €2.81M to €2.47M, while imports decreased by €-4.82k (-0.036%) from €13.5M to €13.5M.

Destinations In November 2024, Enzymes were exported mostly to Portugal (€354k), United States (€322k), Italy (€227k), Chile (€174k), and Sweden (€117k), and were imported mostly from Denmark (€4.88M), Netherlands (€2.46M), France (€1.65M), Belgium (€701k), and Finland (€696k).

Growth In November 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 November 2024, the decrease in Enzymes's year-by-year imports was explained primarily by a decrease in imports from Germany (€-142k or -17.8%), United States (€-140k or -31.4%), and Austria (€-116k or -99.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)€-342k(-12.2%)

IMPORT GROWTH (November 2023 - November 2024)€-4.82k(-0.036%)

MAIN EXPORTER (November 2024)Valencia€1.73M

MAIN DESTINATION (November 2024)Portugal€354k

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 (2023)$74.2M

IMPORTS (2023)$163M

NET TRADE (2023)-$88.9M

In 2023, Spain exported $74.2M in Enzymes. The main destinations of Spain exports on Enzymes were United States ($18.5M), Switzerland ($17M), Portugal ($5.95M), France ($3.93M), and Italy ($3.07M).

In 2023, Spain imported $163M in Enzymes, mainly from Denmark ($56.8M), Netherlands ($28.5M), France ($24.9M), Germany ($11.2M), and Belgium ($7.48M).

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