Hydraulic Turbines in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $21.7M in Hydraulic Turbines, making it the 12th largest exporter of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 806th most exported product in Spain. The main destination of Hydraulic Turbines exports from Spain are: France ($3.31M), Norway ($2.96M), United States ($2M), Switzerland ($1.5M), and Angola ($1.48M).

The fastest growing export markets for Hydraulic Turbines of Spain between 2021 and 2022 were France ($1.24M), Ecuador ($1.09M), and United States ($906k).

Imports In 2022, Spain imported $10.4M in Hydraulic Turbines, becoming the 30th largest importer of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 978th most imported product in Spain. Spain imports Hydraulic Turbines primarily from: Italy ($2.07M), Croatia ($1.95M), Germany ($1.21M), United Kingdom ($865k), and China ($857k).

The fastest growing import markets in Hydraulic Turbines for Spain between 2021 and 2022 were Croatia ($1.95M), Italy ($1.21M), and Vietnam ($639k).

COMPANIES In 2023, leading companies such as VESTAS NACELLES AMERICA INC. (2.32k) were at the forefront of shipping Hydraulic Turbines from Spain to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Spain's Hydraulic Turbines exports accounted up to €1.81M and imports accounted up to €1.18M, resulting in a positive trade balance of €634k. Between January 2023 and January 2024 the exports of Spain's Hydraulic Turbines have increased by €714k (65%) from €1.1M to €1.81M, while imports increased by €969k (463%) from €209k to €1.18M.

Destinations In January 2024, Hydraulic Turbines were exported mostly to Austria (€893k), France (€321k), Norway (€212k), Mexico (€184k), and United States (€182k), and were imported mostly from Italy (€709k), Portugal (€216k), Germany (€107k), Poland (€64.6k), and Czechia (€52.4k).

Growth In January 2024, the increase in Hydraulic Turbines's year-by-year exports was explained primarily by an increase in exports to France (€70.7k or 27.2%), Germany (€67.8k or 504%), and United States (€59.6k or 29.6%). In January 2024, the increase in Hydraulic Turbines's year-by-year imports was explained primarily by an increase in imports from China (€157k or 827%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€714k(65%)

IMPORT GROWTH (January 2023 - January 2024)€969k(463%)

MAIN EXPORTER (January 2024)Asturias€893k

MAIN DESTINATION (January 2024)Austria€893k

This section shows Hydraulic Turbines'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 Hydraulic Turbines over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$21.7M

IMPORTS (2022)$10.4M

NET TRADE (2022)$11.3M

In 2022, Spain exported $21.7M in Hydraulic Turbines. The main destinations of Spain exports on Hydraulic Turbines were France ($3.31M), Norway ($2.96M), United States ($2M), Switzerland ($1.5M), and Angola ($1.48M).

In 2022, Spain imported $10.4M in Hydraulic Turbines, mainly from Italy ($2.07M), Croatia ($1.95M), Germany ($1.21M), United Kingdom ($865k), and China ($857k).

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