2022
Exports
$12.2MWorld Rnk 24 / 153
Flag Rnk 889 / 1214
2022
PRODUCT COMPLEXITY IN Laboratory Reagents
1.53Rnk 45 / 1025
2022
Imports
$3.94MWorld Rnk 53 / 180
Flag Rnk 1095 / 1214
2022
ECONOMIC COMPLEXITY of Spain
0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $12.2M in Laboratory Reagents, making it the 24th largest exporter of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 889th most exported product in Spain. The main destination of Laboratory Reagents exports from Spain are: Philippines ($2.28M), Argentina ($2.2M), Ecuador ($1.61M), Chinese Taipei ($1.09M), and Georgia ($874k).

The fastest growing export markets for Laboratory Reagents of Spain between 2021 and 2022 were Philippines ($648k), Chinese Taipei ($622k), and Georgia ($572k).

Imports In 2022, Spain imported $3.94M in Laboratory Reagents, becoming the 53rd largest importer of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 1095th most imported product in Spain. Spain imports Laboratory Reagents primarily from: Chinese Taipei ($3.61M), Argentina ($323k), Ukraine ($4.44k), and Brunei ($22).

The fastest growing import markets in Laboratory Reagents for Spain between 2021 and 2022 were Argentina ($101k) and Brunei ($22).

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€5.37M(14.7%)
IMPORT GROWTH (August 2023 - August 2024)€982k(1.64%)
MAIN EXPORTER (August 2024)Barcelona€51.2M
MAIN DESTINATION (August 2024)Portugal€6.59M

This section shows Laboratory Reagents'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 Laboratory Reagents over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.2M
IMPORTS (2022)$3.94M
NET TRADE (2022)$8.22M

In 2022, Spain exported $12.2M in Laboratory Reagents. The main destinations of Spain exports on Laboratory Reagents were Philippines ($2.28M), Argentina ($2.2M), Ecuador ($1.61M), Chinese Taipei ($1.09M), and Georgia ($874k).

In 2022, Spain imported $3.94M in Laboratory Reagents, mainly from Chinese Taipei ($3.61M), Argentina ($323k), Ukraine ($4.44k), and Brunei ($22).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Laboratory Reagents EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Philippines$648k (39.8%)
Chinese Taipei$622k (133%)
Georgia$572k (190%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Laboratory Reagents BY Spain WERE (2021 - 2022):
Italy-$122M (-100%)
Portugal-$122M (-100%)
United States-$97.7M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Laboratory Reagents were:
In 2022, Spain's main importing competitors in Laboratory Reagents were:

Explore Visualizations

Trade Value of Laboratory Reagents by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $38.2M
TOP IMPORT POTENTIALChina+ $64.7M

Laboratory Reagents’s highest export potential is United States. With an export gap of $38.2M.   Laboratory Reagents’s highest import potential is China with an import gap of $64.7M.

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