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2022
Exports $6.79MWorld Rnk 12 / 82
Flag Rnk 975 / 1214
2022
Destination $681k Portugal
2021 - 2022
FASTEST GROWING MARKET $681kPortugal
2022
Imports $17.3MWorld Rnk 9 / 154
Flag Rnk 883 / 1214
2022
Origin $739k China
2021 - 2022
FASTEST GROWING ORIGIN $739kPortugal
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $6.79M in Flax Yarn, making it the 12th largest exporter of Flax Yarn in the world. At the same year, Flax Yarn was the 975th most exported product in Spain. The main destination of Flax Yarn exports from Spain are: Portugal ($3.25M), France ($1.34M), Italy ($915k), United Kingdom ($391k), and Turkey ($390k).

The fastest growing export markets for Flax Yarn of Spain between 2021 and 2022 were Portugal ($681k), Italy ($343k), and Turkey ($118k).

Imports In 2022, Spain imported $17.3M in Flax Yarn, becoming the 9th largest importer of Flax Yarn in the world. At the same year, Flax Yarn was the 883rd most imported product in Spain. Spain imports Flax Yarn primarily from: China ($5.26M), Italy ($4.8M), Portugal ($2.56M), France ($1.92M), and Poland ($910k).

The fastest growing import markets in Flax Yarn for Spain between 2021 and 2022 were Portugal ($739k), Italy ($551k), and Ethiopia ($483k).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Flax Yarn exports accounted up to €412k and imports accounted up to €1.03M, resulting in a negative trade balance of €614k. Between June 2023 and June 2024 the exports of Spain's   Flax Yarn have decreased by €-147k (-26.3%) from €559k to €412k, while imports decreased by €-273k (-21%) from €1.3M to €1.03M.

Destinations In June 2024, Flax Yarn were exported mostly to Italy (€225k), Portugal (€114k), United Kingdom (€61.1k), Australia (€4k), and France (€3.51k), and were imported mostly from China (€498k), Italy (€334k), France (€69.5k), Portugal (€62.1k), and Poland (€31k).

Growth In June 2024, the decrease in Flax Yarn's year-by-year exports was explained primarily by a decrease in exports to Portugal (€-91.7k or -23.4%), France (€-5.95k or -5.58%), and Poland (€-189 or -40.5%). In June 2024, the decrease in Flax Yarn's year-by-year imports was explained primarily by a decrease in imports from France (€-203k or -89.5%), China (€-158k or -38.5%), and Egypt (€-114k or -83%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-147k(-26.3%)
IMPORT GROWTH (June 2023 - June 2024)€-273k(-21%)
MAIN EXPORTER (June 2024)Valencia€547k
MAIN DESTINATION (June 2024)Italy€225k

This section shows Flax Yarn'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 Flax Yarn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.79M
IMPORTS (2022)$17.3M
NET TRADE (2022)-$10.5M

In 2022, Spain exported $6.79M in Flax Yarn. The main destinations of Spain exports on Flax Yarn were Portugal ($3.25M), France ($1.34M), Italy ($915k), United Kingdom ($391k), and Turkey ($390k).

In 2022, Spain imported $17.3M in Flax Yarn, mainly from China ($5.26M), Italy ($4.8M), Portugal ($2.56M), France ($1.92M), and Poland ($910k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flax Yarn EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Portugal$681k (26.5%)
Italy$343k (60%)
Turkey$118k (43.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flax Yarn BY Spain WERE (2021 - 2022):
India-$95.2k (-97.8%)
Sweden-$74.5k (-95.1%)
Greece-$64.1k (-99.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Flax Yarn were:
China $312M
Italy $58.4M
Poland $39.1M
In 2022, Spain's main importing competitors in Flax Yarn were:
Italy $141M
India $64.6M
Turkey $55.7M

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Trade Value of Flax Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $328k
TOP IMPORT POTENTIALChina+ $785k

Flax Yarn’s highest export potential is Italy. With an export gap of $328k.   Flax Yarn’s highest import potential is China with an import gap of $785k.

See methodology.

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