2023
Exports
$8.55MWorld Rnk 22 / 140
Flag Rnk 934 / 1215
2023
PRODUCT COMPLEXITY IN Insect Resins
-2.36Rnk 1014 / 1025
2023
Imports
$20.9MWorld Rnk 9 / 191
Flag Rnk 829 / 1214
2023
ECONOMIC COMPLEXITY of Spain
0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $8.55M in Insect Resins, making it the 22nd largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 934th most exported product in Spain. The main destination of Insect Resins exports from Spain are: France ($2.33M), Saudi Arabia ($1.92M), Portugal ($1.17M), Chile ($443k), and Mexico ($433k).

The fastest growing export markets for Insect Resins of Spain between 2022 and 2023 were Portugal ($693k), France ($504k), and Mexico ($211k).

Imports In 2023, Spain imported $20.9M in Insect Resins, becoming the 9th largest importer of Insect Resins in the world. At the same year, Insect Resins was the 829th most imported product in Spain. Spain imports Insect Resins primarily from: France ($6.84M), Italy ($3.68M), Germany ($2.95M), Brazil ($965k), and Belgium ($879k).

The fastest growing import markets in Insect Resins for Spain between 2022 and 2023 were Germany ($1.29M), Belgium ($707k), and United States ($517k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€48.8k(10.9%)
IMPORT GROWTH (November 2023 - November 2024)€102k(8.46%)
MAIN EXPORTER (November 2024)Barcelona€347k
MAIN DESTINATION (November 2024)France€118k

This section shows Insect Resins'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 Insect Resins over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$8.55M
IMPORTS (2023)$20.9M
NET TRADE (2023)-$12.4M

In 2023, Spain exported $8.55M in Insect Resins. The main destinations of Spain exports on Insect Resins were France ($2.33M), Saudi Arabia ($1.92M), Portugal ($1.17M), Chile ($443k), and Mexico ($433k).

In 2023, Spain imported $20.9M in Insect Resins, mainly from France ($6.84M), Italy ($3.68M), Germany ($2.95M), Brazil ($965k), and Belgium ($879k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Insect Resins EXPORT MARKETS FOR Spain WERE (2022 - 2023):
Portugal$693k (144%)
France$504k (27.7%)
Mexico$211k (95.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins BY Spain WERE (2022 - 2023):
Saudi Arabia-$1.51M (-44%)
Somalia-$343k (-100%)
Italy-$211k (-41.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Insect Resins were:
In 2023, Spain's main importing competitors in Insect Resins were:

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Trade Value of Insect Resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $624k
TOP IMPORT POTENTIALFrance+ $1.46M

Insect Resins’s highest export potential is France. With an export gap of $624k.   Insect Resins’s highest import potential is France with an import gap of $1.46M.

See methodology.

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