2023
Exports
$529MWorld Rnk 14 / 186
Flag Rnk 165 / 1215
2023
PRODUCT COMPLEXITY IN Malt Extract
-0.019Rnk 566 / 1025
2023
Imports
$434MWorld Rnk 13 / 224
Flag Rnk 199 / 1214
2023
ECONOMIC COMPLEXITY of Spain
0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $529M in Malt Extract, making it the 14th largest exporter of Malt Extract in the world. At the same year, Malt Extract was the 165th most exported product in Spain. The main destination of Malt Extract exports from Spain are: France ($81.5M), Saudi Arabia ($71.8M), Portugal ($49.8M), United Kingdom ($49.6M), and Italy ($26.6M).

The fastest growing export markets for Malt Extract of Spain between 2022 and 2023 were Saudi Arabia ($45.2M), France ($22.9M), and United States ($10.9M).

Imports In 2023, Spain imported $434M in Malt Extract, becoming the 13th largest importer of Malt Extract in the world. At the same year, Malt Extract was the 199th most imported product in Spain. Spain imports Malt Extract primarily from: France ($176M), Germany ($53.8M), Portugal ($33.1M), Netherlands ($32.4M), and Italy ($27.5M).

The fastest growing import markets in Malt Extract for Spain between 2022 and 2023 were France ($22M), Denmark ($8.66M), and Netherlands ($6.82M).

COMPANIES In 2023, leading companies such as Goya Foods (1) were at the forefront of shipping Malt Extract from Spain to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€-3.41M(-10.4%)
IMPORT GROWTH (November 2023 - November 2024)€-4.75M(-12.1%)
MAIN EXPORTER (November 2024)Madrid€7.82M
MAIN DESTINATION (November 2024)Saudi Arabia€6.29M

This section shows Malt Extract'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 Malt Extract over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$529M
IMPORTS (2023)$434M
NET TRADE (2023)$94.9M

In 2023, Spain exported $529M in Malt Extract. The main destinations of Spain exports on Malt Extract were France ($81.5M), Saudi Arabia ($71.8M), Portugal ($49.8M), United Kingdom ($49.6M), and Italy ($26.6M).

In 2023, Spain imported $434M in Malt Extract, mainly from France ($176M), Germany ($53.8M), Portugal ($33.1M), Netherlands ($32.4M), and Italy ($27.5M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Malt Extract EXPORT MARKETS FOR Spain WERE (2022 - 2023):
Saudi Arabia$45.2M (170%)
France$22.9M (39%)
United States$10.9M (296%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Malt Extract BY Spain WERE (2022 - 2023):
Indonesia-$2.8M (-70.1%)
Kuwait-$2.67M (-63.6%)
South Korea-$2.36M (-65.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Malt Extract were:
In 2023, Spain's main importing competitors in Malt Extract were:

Explore Visualizations

Trade Value of Malt Extract by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $15M
TOP IMPORT POTENTIALFrance+ $17.4M

Malt Extract’s highest export potential is France. With an export gap of $15M.   Malt Extract’s highest import potential is France with an import gap of $17.4M.

See methodology.

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