2023
Exports
$123MWorld Rnk 8 / 78
Flag Rnk 433 / 1215
2023
PRODUCT COMPLEXITY IN Hot-Rolled Stainless Steel Bars
1.66Rnk 26 / 1025
2023
Imports
$10MWorld Rnk 26 / 152
Flag Rnk 980 / 1214
2023
ECONOMIC COMPLEXITY of Spain
0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $123M in Hot-Rolled Stainless Steel Bars, making it the 8th largest exporter of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 433rd most exported product in Spain. The main destination of Hot-Rolled Stainless Steel Bars exports from Spain are: Italy ($67.5M), Germany ($41.6M), Denmark ($4.37M), Poland ($1.8M), and Czechia ($1.73M).

The fastest growing export markets for Hot-Rolled Stainless Steel Bars of Spain between 2022 and 2023 were Ukraine ($11.2k), North Macedonia ($6.35k), and Malaysia ($4.82k).

Imports In 2023, Spain imported $10M in Hot-Rolled Stainless Steel Bars, becoming the 26th largest importer of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 980th most imported product in Spain. Spain imports Hot-Rolled Stainless Steel Bars primarily from: Chinese Taipei ($7.02M), Sweden ($948k), South Korea ($921k), Italy ($529k), and France ($157k).

The fastest growing import markets in Hot-Rolled Stainless Steel Bars for Spain between 2022 and 2023 were Chinese Taipei ($1.85M), South Korea ($589k), and India ($112k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€-314k(-5.33%)
IMPORT GROWTH (November 2023 - November 2024)€-405k(-43.7%)
MAIN EXPORTER (November 2024)Madrid€6.18M
MAIN DESTINATION (November 2024)Italy€2.86M

This section shows Hot-Rolled Stainless Steel Bars'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 Hot-Rolled Stainless Steel Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$123M
IMPORTS (2023)$10M
NET TRADE (2023)$113M

In 2023, Spain exported $123M in Hot-Rolled Stainless Steel Bars. The main destinations of Spain exports on Hot-Rolled Stainless Steel Bars were Italy ($67.5M), Germany ($41.6M), Denmark ($4.37M), Poland ($1.8M), and Czechia ($1.73M).

In 2023, Spain imported $10M in Hot-Rolled Stainless Steel Bars, mainly from Chinese Taipei ($7.02M), Sweden ($948k), South Korea ($921k), Italy ($529k), and France ($157k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Stainless Steel Bars EXPORT MARKETS FOR Spain WERE (2022 - 2023):
Ukraine$11.2k (1%)
North Macedonia$6.35k (1%)
Malaysia$4.82k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Stainless Steel Bars BY Spain WERE (2022 - 2023):
Italy-$74.2M (-52.4%)
Germany-$23.6M (-36.2%)
Finland-$9.93M (-91.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Hot-Rolled Stainless Steel Bars were:
In 2023, Spain's main importing competitors in Hot-Rolled Stainless Steel Bars were:

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Trade Value of Hot-Rolled Stainless Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.39M
TOP IMPORT POTENTIALItaly+ $420k

Hot-Rolled Stainless Steel Bars’s highest export potential is United States. With an export gap of $3.39M.   Hot-Rolled Stainless Steel Bars’s highest import potential is Italy with an import gap of $420k.

See methodology.

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