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2022
Exports $216MWorld Rnk 12 / 120
Flag Rnk 328 / 1214
2022
Destination $15M Germany
2021 - 2022
FASTEST GROWING MARKET $15MGermany
2022
PRODUCT COMPLEXITY IN Flat-Rolled Stainless Steel1.55Rnk 41 / 1025
2022
Imports $111MWorld Rnk 20 / 198
Flag Rnk 501 / 1214
2022
Origin $1.96M Germany
2021 - 2022
FASTEST GROWING ORIGIN $1.96MLuxembourg
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $216M in Flat-Rolled Stainless Steel, making it the 12th largest exporter of Flat-Rolled Stainless Steel in the world. At the same year, Flat-Rolled Stainless Steel was the 328th most exported product in Spain. The main destination of Flat-Rolled Stainless Steel exports from Spain are: Germany ($77.8M), Portugal ($23M), France ($21.3M), Poland ($16.1M), and Sweden ($13.8M).

The fastest growing export markets for Flat-Rolled Stainless Steel of Spain between 2021 and 2022 were Germany ($15M), France ($12.5M), and Sweden ($8.37M).

Imports In 2022, Spain imported $111M in Flat-Rolled Stainless Steel, becoming the 20th largest importer of Flat-Rolled Stainless Steel in the world. At the same year, Flat-Rolled Stainless Steel was the 501st most imported product in Spain. Spain imports Flat-Rolled Stainless Steel primarily from: Germany ($26M), Italy ($23.1M), South Korea ($20.4M), France ($15.8M), and Luxembourg ($5.66M).

The fastest growing import markets in Flat-Rolled Stainless Steel for Spain between 2021 and 2022 were Luxembourg ($1.96M), Belgium ($1.47M), and South Africa ($910k).

Latest Trends

August 2024

About

Overview In August 2024 Spain's Flat-Rolled Stainless Steel exports accounted up to €6.78M and imports accounted up to €5.96M, resulting in a positive trade balance of €824k. Between August 2023 and August 2024 the exports of Spain's   Flat-Rolled Stainless Steel have decreased by €-2.63M (-28%) from €9.41M to €6.78M, while imports decreased by €-684k (-10.3%) from €6.64M to €5.96M.

Destinations In August 2024, Flat-Rolled Stainless Steel were exported mostly to Germany (€2.25M), Portugal (€1.06M), Turkey (€632k), Poland (€617k), and France (€479k), and were imported mostly from South Korea (€1.51M), Italy (€1.45M), Finland (€682k), France (€593k), and Germany (€283k).

Growth In August 2024, the decrease in Flat-Rolled Stainless Steel's year-by-year exports was explained primarily by a decrease in exports to Germany (€-3.45M or -53.6%), Poland (€-1.19M or -66.5%), and Denmark (€-1.04M or -92.4%). In August 2024, the decrease in Flat-Rolled Stainless Steel's year-by-year imports was explained primarily by a decrease in imports from South Korea (€-3.08M or -78%), Germany (€-279k or -19.5%), and Japan (€-155k or -100%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-2.63M(-28%)
IMPORT GROWTH (August 2023 - August 2024)€-684k(-10.3%)
MAIN EXPORTER (August 2024)Cádiz€6.37M
MAIN DESTINATION (August 2024)Germany€2.25M

This section shows Flat-Rolled Stainless Steel'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 Flat-Rolled Stainless Steel over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$216M
IMPORTS (2022)$111M
NET TRADE (2022)$106M

In 2022, Spain exported $216M in Flat-Rolled Stainless Steel. The main destinations of Spain exports on Flat-Rolled Stainless Steel were Germany ($77.8M), Portugal ($23M), France ($21.3M), Poland ($16.1M), and Sweden ($13.8M).

In 2022, Spain imported $111M in Flat-Rolled Stainless Steel, mainly from Germany ($26M), Italy ($23.1M), South Korea ($20.4M), France ($15.8M), and Luxembourg ($5.66M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flat-Rolled Stainless Steel EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Germany$15M (23.9%)
France$12.5M (143%)
Sweden$8.37M (153%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat-Rolled Stainless Steel BY Spain WERE (2021 - 2022):
Turkey-$6.63M (-52.8%)
United Kingdom-$2.88M (-48.1%)
Slovenia-$1.58M (-24.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Flat-Rolled Stainless Steel were:
Germany $953M
China $901M
Italy $575M
In 2022, Spain's main importing competitors in Flat-Rolled Stainless Steel were:
Germany $909M
United States $376M
Italy $346M

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Trade Value of Flat-Rolled Stainless Steel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $6.91M
TOP IMPORT POTENTIALFrance+ $5.54M

Flat-Rolled Stainless Steel’s highest export potential is France. With an export gap of $6.91M.   Flat-Rolled Stainless Steel’s highest import potential is France with an import gap of $5.54M.

See methodology.

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