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2022
Exports $138MWorld Rnk 17 / 110
Flag Rnk 415 / 1214
2022
Destination $6.66M Switzerland
2021 - 2022
FASTEST GROWING MARKET $6.66MItaly
2022
PRODUCT COMPLEXITY IN Hormones0.61Rnk 317 / 1025
2022
Imports $323MWorld Rnk 10 / 188
Flag Rnk 268 / 1214
2022
Origin $39.9M United States
2021 - 2022
FASTEST GROWING ORIGIN $39.9MUnited States
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $138M in Hormones, making it the 17th largest exporter of Hormones in the world. At the same year, Hormones was the 415th most exported product in Spain. The main destination of Hormones exports from Spain are: Switzerland ($31M), Italy ($17.3M), United States ($13.6M), Germany ($8.82M), and France ($7.73M).

The fastest growing export markets for Hormones of Spain between 2021 and 2022 were Italy ($6.66M), Switzerland ($4.38M), and Netherlands ($1.05M).

Imports In 2022, Spain imported $323M in Hormones, becoming the 10th largest importer of Hormones in the world. At the same year, Hormones was the 268th most imported product in Spain. Spain imports Hormones primarily from: United States ($107M), Italy ($63M), China ($51.8M), France ($22.4M), and Singapore ($16.5M).

The fastest growing import markets in Hormones for Spain between 2021 and 2022 were United States ($39.9M), China ($13M), and Italy ($12.3M).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Hormones exports accounted up to €14.9M and imports accounted up to €14.5M, resulting in a positive trade balance of €406k. Between June 2023 and June 2024 the exports of Spain's   Hormones have increased by €2.51M (20.2%) from €12.4M to €14.9M, while imports decreased by €-6.59M (-31.2%) from €21.1M to €14.5M.

Destinations In June 2024, Hormones were exported mostly to Switzerland (€3.23M), France (€2.31M), Italy (€2.3M), United Arab Emirates (€808k), and United States (€803k), and were imported mostly from China (€5.06M), Singapore (€2.84M), United States (€2M), Czechia (€1.01M), and India (€851k).

Growth In June 2024, the increase in Hormones's year-by-year exports was explained primarily by an increase in exports to India (€918k or 183%), United States (€461k or 33.2%), and France (€453k or 54.5%). In June 2024, the decrease in Hormones's year-by-year imports was explained primarily by a decrease in imports from United States (€-12.7M or -50.4%), Italy (€-1.83M or -34.1%), and Netherlands (€-222k or -37.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€2.51M(20.2%)
IMPORT GROWTH (June 2023 - June 2024)€-6.59M(-31.2%)
MAIN EXPORTER (June 2024)Valladolid€6.71M
MAIN DESTINATION (June 2024)Switzerland€3.23M

This section shows Hormones'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 Hormones over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$138M
IMPORTS (2022)$323M
NET TRADE (2022)-$185M

In 2022, Spain exported $138M in Hormones. The main destinations of Spain exports on Hormones were Switzerland ($31M), Italy ($17.3M), United States ($13.6M), Germany ($8.82M), and France ($7.73M).

In 2022, Spain imported $323M in Hormones, mainly from United States ($107M), Italy ($63M), China ($51.8M), France ($22.4M), and Singapore ($16.5M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hormones EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Italy$6.66M (62.5%)
Switzerland$4.38M (16.5%)
Netherlands$1.05M (286%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hormones BY Spain WERE (2021 - 2022):
Iran-$6.82M (-84.7%)
France-$4.28M (-35.6%)
Japan-$2.89M (-40.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Hormones were:
Ireland $7.02B
Switzerland $2.8B
United States $2.79B
In 2022, Spain's main importing competitors in Hormones were:
United States $6.4B
Austria $2.81B
Italy $2.73B

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Trade Value of Hormones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.6M
TOP IMPORT POTENTIALIreland+ $10.4M

Hormones’s highest export potential is United States. With an export gap of $11.6M.   Hormones’s highest import potential is Ireland with an import gap of $10.4M.

See methodology.

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