2018
Exports
$45.9MWorld Rnk 8 / 169
Flag Rnk 659 / 1215
2023
PRODUCT COMPLEXITY IN Locust beans, seaweed, sugar beet, cane, for food
-1.65Rnk 965 / 1025
2018
Imports
$50.4MWorld Rnk 7 / 202
Flag Rnk 661 / 1214
2023
ECONOMIC COMPLEXITY of Spain
0.86Rnk 31 / 132

About

Exports In 2018, Spain exported $45.9M in Locust beans, seaweed, sugar beet, cane, for food, making it the 8th largest exporter of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 659th most exported product in Spain. The main destination of Locust beans, seaweed, sugar beet, cane, for food exports from Spain are: Italy ($13.4M), Thailand ($4.8M), France ($4.32M), Vietnam ($3.56M), and Germany ($2.47M).

The fastest growing export markets for Locust beans, seaweed, sugar beet, cane, for food of Spain between 2022 and 2023 were Thailand ($4.26M), United States ($514k), and Poland ($423k).

Imports In 2023, Spain imported $50.4M in Locust beans, seaweed, sugar beet, cane, for food, becoming the 7th largest importer of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 661st most imported product in Spain. Spain imports Locust beans, seaweed, sugar beet, cane, for food primarily from: Morocco ($26.1M), Portugal ($13M), Latvia ($2.05M), Tunisia ($1.12M), and Italy ($1.08M).

The fastest growing import markets in Locust beans, seaweed, sugar beet, cane, for food for Spain between 2022 and 2023 were Latvia ($2.05M), Greece ($350k), and France ($234k).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€-2.66M(-51.7%)
IMPORT GROWTH (November 2023 - November 2024)€4.24M(125%)
MAIN EXPORTER (November 2024)Valencia€3.01M
MAIN DESTINATION (November 2024)Italy€625k

This section shows Locust beans, seaweed, sugar beet, cane, for food'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 Locust beans, seaweed, sugar beet, cane, for food over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$45.9M
IMPORTS (2023)$50.4M
NET TRADE (2023)-$4.46M

In 2023, Spain exported $45.9M in Locust beans, seaweed, sugar beet, cane, for food. The main destinations of Spain exports on Locust beans, seaweed, sugar beet, cane, for food were Italy ($13.4M), Thailand ($4.8M), France ($4.32M), Vietnam ($3.56M), and Germany ($2.47M).

In 2023, Spain imported $50.4M in Locust beans, seaweed, sugar beet, cane, for food, mainly from Morocco ($26.1M), Portugal ($13M), Latvia ($2.05M), Tunisia ($1.12M), and Italy ($1.08M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Locust beans, seaweed, sugar beet, cane, for food EXPORT MARKETS FOR Spain WERE (2022 - 2023):
Thailand$4.26M (793%)
United States$514k (30.9%)
Poland$423k (82.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locust beans, seaweed, sugar beet, cane, for food BY Spain WERE (2022 - 2023):
Italy-$42.8M (-76.2%)
France-$1.09M (-20.1%)
Vietnam-$973k (-21.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Locust beans, seaweed, sugar beet, cane, for food were:
China $500M
Nigeria $70.3M
Laos $65.9M
In 2023, Spain's main importing competitors in Locust beans, seaweed, sugar beet, cane, for food were:

Explore Visualizations

Trade Value of Locust beans, seaweed, sugar beet, cane, for food by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $2.4M
TOP IMPORT POTENTIALChina+ $4.89M

Locust beans, seaweed, sugar beet, cane, for food’s highest export potential is France. With an export gap of $2.4M.   Locust beans, seaweed, sugar beet, cane, for food’s highest import potential is China with an import gap of $4.89M.

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