Forage Crops in Spain | The Observatory of Economic Complexity

About

Exports In 2022, Spain exported $452M in Forage Crops, making it the 3rd largest exporter of Forage Crops in the world. At the same year, Forage Crops was the 195th most exported product in Spain. The main destination of Forage Crops exports from Spain are: United Arab Emirates ($172M), China ($89.9M), Saudi Arabia ($67.3M), South Korea ($21.6M), and Jordan ($17.4M).

The fastest growing export markets for Forage Crops of Spain between 2021 and 2022 were United Arab Emirates ($47.6M), South Korea ($7.3M), and Japan ($6.14M).

Imports In 2022, Spain imported $9.87M in Forage Crops, becoming the 26th largest importer of Forage Crops in the world. At the same year, Forage Crops was the 989th most imported product in Spain. Spain imports Forage Crops primarily from: Chile ($2.54M), France ($2.32M), Netherlands ($978k), Portugal ($975k), and Romania ($797k).

The fastest growing import markets in Forage Crops for Spain between 2021 and 2022 were France ($1.82M), Chile ($799k), and Romania ($672k).

Latest Trends

February 2024

About

Overview In February 2024 Spain's Forage Crops exports accounted up to €11.4M and imports accounted up to €768k, resulting in a positive trade balance of €10.6M. Between February 2023 and February 2024 the exports of Spain's Forage Crops have decreased by €-7.75M (-40.5%) from €19.1M to €11.4M, while imports decreased by €-86.9k (-10.2%) from €855k to €768k.

Destinations In February 2024, Forage Crops were exported mostly to United Arab Emirates (€2.76M), China (€2.36M), Iraq (€1.04M), Jordan (€962k), and Portugal (€658k), and were imported mostly from France (€492k), Australia (€68.2k), Chile (€62.6k), Portugal (€57.8k), and Netherlands (€37.6k).

Growth In February 2024, the decrease in Forage Crops's year-by-year exports was explained primarily by a decrease in exports to Saudi Arabia (€-6.69M or -84.4%), China (€-2.1M or -55.5%), and France (€-769k or -46.3%). In February 2024, the decrease in Forage Crops's year-by-year imports was explained primarily by a decrease in imports from France (€-226k or -35.6%), Italy (€-17.8k or -76.7%), and Ireland (€-708 or -21.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€-7.75M(-40.5%)

IMPORT GROWTH (February 2023 - February 2024)€-86.9k(-10.2%)

MAIN EXPORTER (February 2024)Lleida€3.53M

MAIN DESTINATION (February 2024)United Arab Emirates€2.76M

This section shows Forage Crops'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 Forage Crops over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$452M

IMPORTS (2022)$9.87M

NET TRADE (2022)$442M

In 2022, Spain exported $452M in Forage Crops. The main destinations of Spain exports on Forage Crops were United Arab Emirates ($172M), China ($89.9M), Saudi Arabia ($67.3M), South Korea ($21.6M), and Jordan ($17.4M).

In 2022, Spain imported $9.87M in Forage Crops, mainly from Chile ($2.54M), France ($2.32M), Netherlands ($978k), Portugal ($975k), and Romania ($797k).

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