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2022
Exports $596MWorld Rnk 29 / 226
Flag Rnk 154 / 1214
2022
Destination $19.3M Germany
2021 - 2022
FASTEST GROWING MARKET $19.3MTurkey
2022
PRODUCT COMPLEXITY IN Integrated Circuits1.48Rnk 56 / 1025
2022
Imports $1.39BWorld Rnk 32 / 225
Flag Rnk 70 / 1214
2022
Origin $29M Germany
2021 - 2022
FASTEST GROWING ORIGIN $29MNetherlands
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $596M in Integrated Circuits, making it the 29th largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 154th most exported product in Spain. The main destination of Integrated Circuits exports from Spain are: Germany ($93.2M), Morocco ($77.5M), Portugal ($75M), France ($49.9M), and United Kingdom ($28M).

The fastest growing export markets for Integrated Circuits of Spain between 2021 and 2022 were Turkey ($19.3M), France ($9.57M), and United Kingdom ($7.78M).

Imports In 2022, Spain imported $1.39B in Integrated Circuits, becoming the 32nd largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 70th most imported product in Spain. Spain imports Integrated Circuits primarily from: Germany ($404M), Netherlands ($212M), China ($153M), France ($92.7M), and United States ($65.1M).

The fastest growing import markets in Integrated Circuits for Spain between 2021 and 2022 were Netherlands ($29M), Germany ($28.1M), and China ($23.7M).

Latest Trends

September 2024

About

Overview In September 2024 Spain's Integrated Circuits exports accounted up to €35.6M and imports accounted up to €94.1M, resulting in a negative trade balance of €58.5M. Between September 2023 and September 2024 the exports of Spain's   Integrated Circuits have increased by €3.36M (10.4%) from €32.2M to €35.6M, while imports decreased by €-18.4M (-16.4%) from €112M to €94.1M.

Destinations In September 2024, Integrated Circuits were exported mostly to Morocco (€12.2M), Germany (€5.24M), Portugal (€2.88M), Japan (€2.68M), and Netherlands (€1.83M), and were imported mostly from Germany (€23.7M), China (€17.9M), Netherlands (€14.6M), Chinese Taipei (€7.66M), and Hungary (€4.13M).

Growth In September 2024, the increase in Integrated Circuits's year-by-year exports was explained primarily by an increase in exports to United Kingdom (€1.51M or 173%), Japan (€1.12M or 203%), and South Korea (€900k or 181%). In September 2024, the decrease in Integrated Circuits's year-by-year imports was explained primarily by a decrease in imports from Germany (€-567k or -2.47%), Singapore (€-390k or -63%), and France (€-306k or -6.94%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€3.36M(10.4%)
IMPORT GROWTH (September 2023 - September 2024)€-18.4M(-16.4%)
MAIN EXPORTER (September 2024)Tarragona€17M
MAIN DESTINATION (September 2024)Morocco€12.2M

This section shows Integrated Circuits'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 Integrated Circuits over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$596M
IMPORTS (2022)$1.39B
NET TRADE (2022)-$791M

In 2022, Spain exported $596M in Integrated Circuits. The main destinations of Spain exports on Integrated Circuits were Germany ($93.2M), Morocco ($77.5M), Portugal ($75M), France ($49.9M), and United Kingdom ($28M).

In 2022, Spain imported $1.39B in Integrated Circuits, mainly from Germany ($404M), Netherlands ($212M), China ($153M), France ($92.7M), and United States ($65.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Turkey$19.3M (1.15k%)
France$9.57M (23.8%)
United Kingdom$7.78M (38.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY Spain WERE (2021 - 2022):
Morocco-$23M (-22.9%)
Netherlands-$6.07M (-38.5%)
Hong Kong-$5.42M (-52.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Integrated Circuits were:
Chinese Taipei $223B
China $212B
South Korea $121B
In 2022, Spain's main importing competitors in Integrated Circuits were:
China $232B
Hong Kong $201B
Chinese Taipei $80.9B

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Trade Value of Integrated Circuits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $34.8M
TOP IMPORT POTENTIALChina+ $173M

Integrated Circuits’s highest export potential is Germany. With an export gap of $34.8M.   Integrated Circuits’s highest import potential is China with an import gap of $173M.

See methodology.

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