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2022
Exports $77.3MWorld Rnk 4 / 166
Flag Rnk 546 / 1214
2022
Destination $11.6M Italy
2021 - 2022
FASTEST GROWING MARKET $11.6MItaly
2022
PRODUCT COMPLEXITY IN Locust beans, seaweed, sugar beet, cane, for food-1.76Rnk 977 / 1025
2022
Imports $182MWorld Rnk 3 / 197
Flag Rnk 388 / 1214
2022
Origin $36.9M Portugal
2021 - 2022
FASTEST GROWING ORIGIN $36.9MPortugal
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $77.3M in Locust beans, seaweed, sugar beet, cane, for food, making it the 4th 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 546th most exported product in Spain. The main destination of Locust beans, seaweed, sugar beet, cane, for food exports from Spain are: Italy ($46.7M), Vietnam ($5.73M), France ($4.08M), Switzerland ($2.42M), and Thailand ($2.21M).

The fastest growing export markets for Locust beans, seaweed, sugar beet, cane, for food of Spain between 2021 and 2022 were Italy ($11.6M), Vietnam ($2.2M), and Switzerland ($1.55M).

Imports In 2022, Spain imported $182M in Locust beans, seaweed, sugar beet, cane, for food, becoming the 3rd 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 388th most imported product in Spain. Spain imports Locust beans, seaweed, sugar beet, cane, for food primarily from: Portugal ($82.1M), Morocco ($41M), Algeria ($23.3M), China ($6.53M), and Tunisia ($6.46M).

The fastest growing import markets in Locust beans, seaweed, sugar beet, cane, for food for Spain between 2021 and 2022 were Portugal ($36.9M), Algeria ($8.78M), and Lebanon ($5.83M).

Latest Trends

September 2024

About

Overview In September 2024 Spain's Locust beans, seaweed, sugar beet, cane, for food exports accounted up to €4.09M and imports accounted up to €2.73M, resulting in a positive trade balance of €1.35M. Between September 2023 and September 2024 the exports of Spain's   Locust beans, seaweed, sugar beet, cane, for food have increased by €975k (31.4%) from €3.11M to €4.09M, while imports decreased by €-3.64M (-57.1%) from €6.37M to €2.73M.

Destinations In September 2024, Locust beans, seaweed, sugar beet, cane, for food were exported mostly to Thailand (€606k), Italy (€395k), Indonesia (€387k), Germany (€350k), and France (€314k), and were imported mostly from Portugal (€844k), Morocco (€384k), Belgium (€279k), Italy (€274k), and Netherlands (€197k).

Growth In September 2024, the increase in Locust beans, seaweed, sugar beet, cane, for food's year-by-year exports was explained primarily by an increase in exports to Vietnam (€104k or 58.6%), Netherlands (€39.5k or 61.1%), and United States (€38.7k or 65.2%). In September 2024, the decrease in Locust beans, seaweed, sugar beet, cane, for food's year-by-year imports was explained primarily by a decrease in imports from Portugal (€-4.3M or -61.6%), Netherlands (€-762k or -96%), and Indonesia (€-209k or -47.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€975k(31.4%)
IMPORT GROWTH (September 2023 - September 2024)€-3.64M(-57.1%)
MAIN EXPORTER (September 2024)Valencia€2.93M
MAIN DESTINATION (September 2024)Thailand€606k

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 (2022)$77.3M
IMPORTS (2022)$182M
NET TRADE (2022)-$105M

In 2022, Spain exported $77.3M 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 ($46.7M), Vietnam ($5.73M), France ($4.08M), Switzerland ($2.42M), and Thailand ($2.21M).

In 2022, Spain imported $182M in Locust beans, seaweed, sugar beet, cane, for food, mainly from Portugal ($82.1M), Morocco ($41M), Algeria ($23.3M), China ($6.53M), and Tunisia ($6.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Locust beans, seaweed, sugar beet, cane, for food EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Italy$11.6M (33%)
Vietnam$2.2M (62.2%)
Switzerland$1.55M (179%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locust beans, seaweed, sugar beet, cane, for food BY Spain WERE (2021 - 2022):
Turkey-$2.65M (-92.9%)
Morocco-$2.31M (-79.4%)
Thailand-$1.03M (-31.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Locust beans, seaweed, sugar beet, cane, for food were:
China $574M
Morocco $203M
Portugal $104M
In 2022, Spain's main importing competitors in Locust beans, seaweed, sugar beet, cane, for food were:
Italy $253M
China $202M

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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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