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2023
Exports $131MWorld Rnk 8 / 189
Flag Rnk 424 / 1215
2023
Destination $45.3M Indonesia
2022 - 2023
FASTEST GROWING MARKET $45.3MIndonesia
2023
PRODUCT COMPLEXITY IN Iron Chains1.48Rnk 48 / 1025
2023
Imports $110MWorld Rnk 17 / 221
Flag Rnk 480 / 1214
2023
Origin $3.25M China
2022 - 2023
FASTEST GROWING ORIGIN $3.25MItaly
2023
ECONOMIC COMPLEXITY of Spain0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $131M in Iron Chains, making it the 8th largest exporter of Iron Chains in the world. At the same year, Iron Chains was the 424th most exported product in Spain. The main destination of Iron Chains exports from Spain are: Indonesia ($45.4M), Brazil ($37.5M), France ($5.93M), Cote d'Ivoire ($5.18M), and Portugal ($4.69M).

The fastest growing export markets for Iron Chains of Spain between 2022 and 2023 were Indonesia ($45.3M), Brazil ($33.5M), and Cote d'Ivoire ($4.48M).

Imports In 2023, Spain imported $110M in Iron Chains, becoming the 17th largest importer of Iron Chains in the world. At the same year, Iron Chains was the 480th most imported product in Spain. Spain imports Iron Chains primarily from: China ($29M), Brazil ($17.5M), Italy ($13.6M), Germany ($13.5M), and France ($8.12M).

The fastest growing import markets in Iron Chains for Spain between 2022 and 2023 were Italy ($3.25M), Latvia ($1.69M), and India ($913k).

Latest Trends

November 2024

About

Overview In November 2024 Spain's Iron Chains exports accounted up to €10.7M and imports accounted up to €6.66M, resulting in a positive trade balance of €4.06M. Between November 2023 and November 2024 the exports of Spain's   Iron Chains have increased by €6.52M (155%) from €4.19M to €10.7M, while imports decreased by €-319k (-4.57%) from €6.97M to €6.66M.

Destinations In November 2024, Iron Chains were exported mostly to United Kingdom (€7.86M), Portugal (€547k), France (€487k), South Africa (€375k), and Germany (€270k), and were imported mostly from China (€2.06M), Germany (€1.04M), Italy (€877k), Netherlands (€597k), and France (€585k).

Growth In November 2024, the increase in Iron Chains's year-by-year exports was explained primarily by an increase in exports to Japan (€215k or 168k%), Rest of the world (€176k or 294%), and Morocco (€78.6k or 1.08k%). In November 2024, the decrease in Iron Chains's year-by-year imports was explained primarily by a decrease in imports from China (€-547k or -21.5%), Turkey (€-112k or -90.3%), and Netherlands (€-104k or -23.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€6.52M(155%)
IMPORT GROWTH (November 2023 - November 2024)€-319k(-4.57%)
MAIN EXPORTER (November 2024)Vizcaya€9.43M
MAIN DESTINATION (November 2024)United Kingdom€7.86M

This section shows Iron Chains'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 Iron Chains over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$131M
IMPORTS (2023)$110M
NET TRADE (2023)$21.1M

In 2023, Spain exported $131M in Iron Chains. The main destinations of Spain exports on Iron Chains were Indonesia ($45.4M), Brazil ($37.5M), France ($5.93M), Cote d'Ivoire ($5.18M), and Portugal ($4.69M).

In 2023, Spain imported $110M in Iron Chains, mainly from China ($29M), Brazil ($17.5M), Italy ($13.6M), Germany ($13.5M), and France ($8.12M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Chains EXPORT MARKETS FOR Spain WERE (2022 - 2023):
Indonesia$45.3M (27.7k%)
Brazil$33.5M (822%)
Cote d'Ivoire$4.48M (638%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Chains BY Spain WERE (2022 - 2023):
Norway-$20M (-88%)
Mauritania-$16.2M (-99.5%)
United States-$8.13M (-92.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Iron Chains were:
China $2.04B
Germany $895M
Japan $495M
In 2023, Spain's main importing competitors in Iron Chains were:
United States $748M
Germany $394M
Mexico $264M

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Trade Value of Iron Chains by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $4.25M
TOP IMPORT POTENTIALChina+ $7.77M

Iron Chains’s highest export potential is France. With an export gap of $4.25M.   Iron Chains’s highest import potential is China with an import gap of $7.77M.

See methodology.

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