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2022
Exports $742MWorld Rnk 18 / 214
Flag Rnk 121 / 1214
2022
Destination $151M Switzerland
2021 - 2022
FASTEST GROWING MARKET $151MSwitzerland
2022
PRODUCT COMPLEXITY IN Jewellery-0.41Rnk 675 / 1025
2022
Imports $974MWorld Rnk 23 / 219
Flag Rnk 105 / 1214
2022
Origin $191M France
2021 - 2022
FASTEST GROWING ORIGIN $191MFrance
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $742M in Jewellery, making it the 18th largest exporter of Jewellery in the world. At the same year, Jewellery was the 121st most exported product in Spain. The main destination of Jewellery exports from Spain are: Switzerland ($233M), United States ($96.9M), Mexico ($72.3M), France ($70M), and Portugal ($48.4M).

The fastest growing export markets for Jewellery of Spain between 2021 and 2022 were Switzerland ($151M), Mexico ($26.4M), and Portugal ($17.7M).

Imports In 2022, Spain imported $974M in Jewellery, becoming the 23rd largest importer of Jewellery in the world. At the same year, Jewellery was the 105th most imported product in Spain. Spain imports Jewellery primarily from: France ($243M), Switzerland ($212M), Italy ($154M), Germany ($97.9M), and Thailand ($65.9M).

The fastest growing import markets in Jewellery for Spain between 2021 and 2022 were France ($191M), Switzerland ($186M), and Thailand ($51.4M).

COMPANIES In 2023, leading companies such as Volkswagen (1) were at the forefront of shipping Jewellery from Spain to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Spain's Jewellery exports accounted up to €57M and imports accounted up to €70.6M, resulting in a negative trade balance of €13.6M. Between October 2023 and October 2024 the exports of Spain's   Jewellery have increased by €12.7M (28.7%) from €44.3M to €57M, while imports increased by €10.7M (17.9%) from €59.9M to €70.6M.

Destinations In October 2024, Jewellery were exported mostly to Mexico (€10.1M), United States (€7.72M), France (€5.68M), Netherlands (€4.71M), and Switzerland (€4.5M), and were imported mostly from Thailand (€20.4M), Italy (€16.5M), France (€6.95M), Switzerland (€5.45M), and China (€4.86M).

Growth In October 2024, the increase in Jewellery's year-by-year exports was explained primarily by an increase in exports to Italy (€1.05M or 127%), Philippines (€705k or 510%), and Portugal (€633k or 34.2%). In October 2024, the increase in Jewellery's year-by-year imports was explained primarily by an increase in imports from Thailand (€5.53M or 46.3%), Italy (€4.46M or 55.3%), and Germany (€1.34M or 172%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€12.7M(28.7%)
IMPORT GROWTH (October 2023 - October 2024)€10.7M(17.9%)
MAIN EXPORTER (October 2024)Barcelona€28.5M
MAIN DESTINATION (October 2024)Mexico€10.1M

This section shows Jewellery'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 Jewellery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$742M
IMPORTS (2022)$974M
NET TRADE (2022)-$233M

In 2022, Spain exported $742M in Jewellery. The main destinations of Spain exports on Jewellery were Switzerland ($233M), United States ($96.9M), Mexico ($72.3M), France ($70M), and Portugal ($48.4M).

In 2022, Spain imported $974M in Jewellery, mainly from France ($243M), Switzerland ($212M), Italy ($154M), Germany ($97.9M), and Thailand ($65.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Jewellery EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Switzerland$151M (186%)
Mexico$26.4M (57.6%)
Portugal$17.7M (57.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jewellery BY Spain WERE (2021 - 2022):
United Kingdom-$189M (-93.8%)
Russia-$12.1M (-92.1%)
Poland-$11.4M (-53.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Jewellery were:
China $13.9B
India $12.6B
Switzerland $11.8B
In 2022, Spain's main importing competitors in Jewellery were:
Hong Kong $21.1B
United States $15.6B
United Arab Emirates $11B

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Trade Value of Jewellery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $52.6M
TOP IMPORT POTENTIALFrance+ $69.5M

Jewellery’s highest export potential is United States. With an export gap of $52.6M.   Jewellery’s highest import potential is France with an import gap of $69.5M.

See methodology.

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