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2022
Exports $400MWorld Rnk 8 / 187
Flag Rnk 218 / 1214
2022
Destination $31M United States
2021 - 2022
FASTEST GROWING MARKET $31MUnited States
2022
PRODUCT COMPLEXITY IN Industrial Food Preperation Machinery0.74Rnk 263 / 1025
2022
Imports $349MWorld Rnk 12 / 221
Flag Rnk 244 / 1214
2022
Origin $5.24M Italy
2021 - 2022
FASTEST GROWING ORIGIN $5.24MDenmark
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $400M in Industrial Food Preperation Machinery, making it the 8th largest exporter of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 218th most exported product in Spain. The main destination of Industrial Food Preperation Machinery exports from Spain are: United States ($75.9M), Portugal ($29M), France ($24.1M), Italy ($22.4M), and Mexico ($21.8M).

The fastest growing export markets for Industrial Food Preperation Machinery of Spain between 2021 and 2022 were United States ($31M), Hungary ($9.8M), and Chile ($8.85M).

Imports In 2022, Spain imported $349M in Industrial Food Preperation Machinery, becoming the 12th largest importer of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 244th most imported product in Spain. Spain imports Industrial Food Preperation Machinery primarily from: Italy ($80.1M), Germany ($66.9M), Netherlands ($57.9M), Denmark ($23.9M), and France ($23.7M).

The fastest growing import markets in Industrial Food Preperation Machinery for Spain between 2021 and 2022 were Denmark ($5.24M), Switzerland ($2.62M), and France ($2.42M).

COMPANIES In 2023, leading companies such as Riviana Foods (2) and Goya Foods (1) were at the forefront of shipping Industrial Food Preperation Machinery from Spain to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Spain's Industrial Food Preperation Machinery exports accounted up to €37.8M and imports accounted up to €25M, resulting in a positive trade balance of €12.8M. Between August 2023 and August 2024 the exports of Spain's   Industrial Food Preperation Machinery have increased by €8.36M (28.4%) from €29.4M to €37.8M, while imports increased by €2.64M (11.8%) from €22.3M to €25M.

Destinations In August 2024, Industrial Food Preperation Machinery were exported mostly to Mexico (€7.62M), United States (€4.08M), Indonesia (€2.52M), Algeria (€1.88M), and Portugal (€1.8M), and were imported mostly from Germany (€6.4M), France (€3.98M), Italy (€3.72M), Netherlands (€3.27M), and China (€2.66M).

Growth In August 2024, the increase in Industrial Food Preperation Machinery's year-by-year exports was explained primarily by an increase in exports to Italy (€1.2M or 222%), Austria (€1.19M or 7.76k%), and Brazil (€1.05M or 14k%). In August 2024, the increase in Industrial Food Preperation Machinery's year-by-year imports was explained primarily by an increase in imports from Italy (€6.64M or 201%), Netherlands (€3.07M or 169%), and Denmark (€474k or 88.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€8.36M(28.4%)
IMPORT GROWTH (August 2023 - August 2024)€2.64M(11.8%)
MAIN EXPORTER (August 2024)Barcelona€8.85M
MAIN DESTINATION (August 2024)Mexico€7.62M

This section shows Industrial Food Preperation Machinery'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 Industrial Food Preperation Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$400M
IMPORTS (2022)$349M
NET TRADE (2022)$50.9M

In 2022, Spain exported $400M in Industrial Food Preperation Machinery. The main destinations of Spain exports on Industrial Food Preperation Machinery were United States ($75.9M), Portugal ($29M), France ($24.1M), Italy ($22.4M), and Mexico ($21.8M).

In 2022, Spain imported $349M in Industrial Food Preperation Machinery, mainly from Italy ($80.1M), Germany ($66.9M), Netherlands ($57.9M), Denmark ($23.9M), and France ($23.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Food Preperation Machinery EXPORT MARKETS FOR Spain WERE (2021 - 2022):
United States$31M (69.1%)
Hungary$9.8M (605%)
Chile$8.85M (121%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Food Preperation Machinery BY Spain WERE (2021 - 2022):
China-$14.1M (-86.2%)
France-$8.57M (-26.2%)
Hong Kong-$7.66M (-96.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Industrial Food Preperation Machinery were:
Germany $2.49B
Italy $2.15B
Netherlands $1.83B
In 2022, Spain's main importing competitors in Industrial Food Preperation Machinery were:
United States $2.13B
Germany $706M
France $601M

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Trade Value of Industrial Food Preperation Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $14.6M
TOP IMPORT POTENTIALFrance+ $13M

Industrial Food Preperation Machinery’s highest export potential is France. With an export gap of $14.6M.   Industrial Food Preperation Machinery’s highest import potential is France with an import gap of $13M.

See methodology.

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