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2022
Exports $371MWorld Rnk 19 / 180
Flag Rnk 234 / 1214
2022
Destination $11.4M United Kingdom
2021 - 2022
FASTEST GROWING MARKET $11.4MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Malt Extract0.015Rnk 542 / 1025
2022
Imports $376MWorld Rnk 16 / 224
Flag Rnk 230 / 1214
2022
Origin $23.2M France
2021 - 2022
FASTEST GROWING ORIGIN $23.2MFrance
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $371M in Malt Extract, making it the 19th largest exporter of Malt Extract in the world. At the same year, Malt Extract was the 234th most exported product in Spain. The main destination of Malt Extract exports from Spain are: United Kingdom ($50.4M), France ($48.4M), Portugal ($41.6M), Saudi Arabia ($26.5M), and Egypt ($16.2M).

The fastest growing export markets for Malt Extract of Spain between 2021 and 2022 were United Kingdom ($11.4M), Portugal ($9.44M), and France ($8.31M).

Imports In 2022, Spain imported $376M in Malt Extract, becoming the 16th largest importer of Malt Extract in the world. At the same year, Malt Extract was the 230th most imported product in Spain. Spain imports Malt Extract primarily from: France ($148M), Germany ($62.3M), Belgium ($24.5M), Netherlands ($23.4M), and Denmark ($20M).

The fastest growing import markets in Malt Extract for Spain between 2021 and 2022 were France ($23.2M), Germany ($8.89M), and Austria ($1.92M).

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

September 2024

About

Overview In September 2024 Spain's Malt Extract exports accounted up to €35M and imports accounted up to €29.9M, resulting in a positive trade balance of €5.08M. Between September 2023 and September 2024 the exports of Spain's   Malt Extract have increased by €191k (0.55%) from €34.8M to €35M, while imports decreased by €-2.2M (-6.84%) from €32.1M to €29.9M.

Destinations In September 2024, Malt Extract were exported mostly to United Kingdom (€4.48M), Portugal (€4.28M), Saudi Arabia (€4.24M), United States (€2.23M), and France (€2.16M), and were imported mostly from France (€10.8M), Germany (€4.48M), Italy (€2.16M), Portugal (€2.02M), and Denmark (€1.94M).

Growth In September 2024, the increase in Malt Extract's year-by-year exports was explained primarily by an increase in exports to France (€2.02M or 68.4%), Portugal (€1.05M or 43.5%), and Vietnam (€720k or 3.62k%). In September 2024, the decrease in Malt Extract's year-by-year imports was explained primarily by a decrease in imports from Netherlands (€-188k or -13.1%), New Zealand (€-153k or -87.2%), and United Kingdom (€-99.1k or -38.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€191k(0.55%)
IMPORT GROWTH (September 2023 - September 2024)€-2.2M(-6.84%)
MAIN EXPORTER (September 2024)Madrid€7.82M
MAIN DESTINATION (September 2024)United Kingdom€4.48M

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 (2022)$371M
IMPORTS (2022)$376M
NET TRADE (2022)-$5.56M

In 2022, Spain exported $371M in Malt Extract. The main destinations of Spain exports on Malt Extract were United Kingdom ($50.4M), France ($48.4M), Portugal ($41.6M), Saudi Arabia ($26.5M), and Egypt ($16.2M).

In 2022, Spain imported $376M in Malt Extract, mainly from France ($148M), Germany ($62.3M), Belgium ($24.5M), Netherlands ($23.4M), and Denmark ($20M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Malt Extract EXPORT MARKETS FOR Spain WERE (2021 - 2022):
United Kingdom$11.4M (29.2%)
Portugal$9.44M (29.4%)
France$8.31M (20.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Malt Extract BY Spain WERE (2021 - 2022):
Saudi Arabia-$8.92M (-25.2%)
China-$5.64M (-59.5%)
Algeria-$4.87M (-78.4%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Malt Extract were:
Netherlands $3.83B
Germany $2.29B
France $2.23B
In 2022, Spain's main importing competitors in Malt Extract were:
China $4.66B
United States $1.39B
Germany $876M

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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