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2022
Exports $262MWorld Rnk 5 / 78
Flag Rnk 283 / 1214
2022
Destination $33.2M Italy
2021 - 2022
FASTEST GROWING MARKET $33.2MItaly
2022
PRODUCT COMPLEXITY IN Hot-Rolled Stainless Steel Bars1.68Rnk 28 / 1025
2022
Imports $8.25MWorld Rnk 30 / 148
Flag Rnk 1017 / 1214
2022
Origin $565k Chinese Taipei
2021 - 2022
FASTEST GROWING ORIGIN $565kSweden
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $262M in Hot-Rolled Stainless Steel Bars, making it the 5th largest exporter of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 283rd most exported product in Spain. The main destination of Hot-Rolled Stainless Steel Bars exports from Spain are: Italy ($149M), Germany ($69.9M), Finland ($11.9M), Denmark ($8.37M), and Czechia ($5.87M).

The fastest growing export markets for Hot-Rolled Stainless Steel Bars of Spain between 2021 and 2022 were Italy ($33.2M), Germany ($21M), and Finland ($5.85M).

Imports In 2022, Spain imported $8.25M in Hot-Rolled Stainless Steel Bars, becoming the 30th largest importer of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 1017th most imported product in Spain. Spain imports Hot-Rolled Stainless Steel Bars primarily from: Chinese Taipei ($5.13M), Sweden ($1.85M), France ($302k), Italy ($281k), and Switzerland ($206k).

The fastest growing import markets in Hot-Rolled Stainless Steel Bars for Spain between 2021 and 2022 were Sweden ($565k), Switzerland ($179k), and Netherlands ($49.7k).

Latest Trends

August 2024

About

Overview In August 2024 Spain's Hot-Rolled Stainless Steel Bars exports accounted up to €2.48M and imports accounted up to €1.27M, resulting in a positive trade balance of €1.21M. Between August 2023 and August 2024 the exports of Spain's   Hot-Rolled Stainless Steel Bars have decreased by €-612k (-19.8%) from €3.09M to €2.48M, while imports increased by €770k (154%) from €501k to €1.27M.

Destinations In August 2024, Hot-Rolled Stainless Steel Bars were exported mostly to Germany (€1.57M), Italy (€367k), Denmark (€247k), Finland (€136k), and Lithuania (€55.7k), and were imported mostly from Chinese Taipei (€529k), Italy (€255k), Japan (€231k), China (€138k), and South Korea (€117k).

Growth In August 2024, the decrease in Hot-Rolled Stainless Steel Bars's year-by-year exports was explained primarily by a decrease in exports to Italy (€-5.18M or -39.2%), Germany (€-2.3M or -41.2%), and Denmark (€-868k or -69.7%). In August 2024, the increase in Hot-Rolled Stainless Steel Bars's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei (€436k or 236%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-612k(-19.8%)
IMPORT GROWTH (August 2023 - August 2024)€770k(154%)
MAIN EXPORTER (August 2024)Madrid€6.18M
MAIN DESTINATION (August 2024)Germany€1.57M

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 (2022)$262M
IMPORTS (2022)$8.25M
NET TRADE (2022)$254M

In 2022, Spain exported $262M in Hot-Rolled Stainless Steel Bars. The main destinations of Spain exports on Hot-Rolled Stainless Steel Bars were Italy ($149M), Germany ($69.9M), Finland ($11.9M), Denmark ($8.37M), and Czechia ($5.87M).

In 2022, Spain imported $8.25M in Hot-Rolled Stainless Steel Bars, mainly from Chinese Taipei ($5.13M), Sweden ($1.85M), France ($302k), Italy ($281k), and Switzerland ($206k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Stainless Steel Bars EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Italy$33.2M (28.6%)
Germany$21M (42.9%)
Finland$5.85M (97%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Stainless Steel Bars BY Spain WERE (2021 - 2022):
Brazil-$1.55M (-50.1%)
Sweden-$1.08M (-100%)
Czechia-$882k (-13.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Hot-Rolled Stainless Steel Bars were:
Chinese Taipei $449M
Italy $413M
Japan $392M
In 2022, Spain's main importing competitors in Hot-Rolled Stainless Steel Bars were:
Italy $427M
Germany $353M
China $311M

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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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