2023
Exports
$155MWorld Rnk 12 / 194
Flag Rnk 395 / 1215
2023
PRODUCT COMPLEXITY IN Essential Oils
-1.17Rnk 872 / 1025
2023
Imports
$148MWorld Rnk 12 / 217
Flag Rnk 409 / 1214
2023
ECONOMIC COMPLEXITY of Spain
0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $155M in Essential Oils, making it the 12th largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 395th most exported product in Spain. The main destination of Essential Oils exports from Spain are: France ($28.7M), Italy ($20M), United States ($16.9M), Brazil ($7.63M), and Netherlands ($7.32M).

The fastest growing export markets for Essential Oils of Spain between 2022 and 2023 were Italy ($4.69M), Netherlands ($1.72M), and Colombia ($837k).

Imports In 2023, Spain imported $148M in Essential Oils, becoming the 12th largest importer of Essential Oils in the world. At the same year, Essential Oils was the 409th most imported product in Spain. Spain imports Essential Oils primarily from: China ($24.4M), France ($21.3M), India ($14M), Indonesia ($13.1M), and Brazil ($9.85M).

The fastest growing import markets in Essential Oils for Spain between 2022 and 2023 were Portugal ($2.49M), Haiti ($1.63M), and Tunisia ($1.36M).

COMPANIES In 2023, leading companies such as Riviana Foods (2) were at the forefront of shipping Essential Oils from Spain to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€5.62M(45.1%)
IMPORT GROWTH (November 2023 - November 2024)€3.7M(31.2%)
MAIN EXPORTER (November 2024)Barcelona€11.1M
MAIN DESTINATION (November 2024)Italy€2.7M

This section shows Essential Oils'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 Essential Oils over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$155M
IMPORTS (2023)$148M
NET TRADE (2023)$7.21M

In 2023, Spain exported $155M in Essential Oils. The main destinations of Spain exports on Essential Oils were France ($28.7M), Italy ($20M), United States ($16.9M), Brazil ($7.63M), and Netherlands ($7.32M).

In 2023, Spain imported $148M in Essential Oils, mainly from China ($24.4M), France ($21.3M), India ($14M), Indonesia ($13.1M), and Brazil ($9.85M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR Spain WERE (2022 - 2023):
Italy$4.69M (30.7%)
Netherlands$1.72M (30.8%)
Colombia$837k (134%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY Spain WERE (2022 - 2023):
Cuba-$3.54M (-87.5%)
United Kingdom-$3.25M (-37.7%)
United States-$2.9M (-14.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Essential Oils were:
In 2023, Spain's main importing competitors in Essential Oils were:

Explore Visualizations

Trade Value of Essential Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $7.27M
TOP IMPORT POTENTIALIndia+ $6.81M

Essential Oils’s highest export potential is France. With an export gap of $7.27M.   Essential Oils’s highest import potential is India with an import gap of $6.81M.

See methodology.

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