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2022
Exports $155MWorld Rnk 9 / 117
Flag Rnk 393 / 1214
2022
Destination $5.38M Italy
2021 - 2022
FASTEST GROWING MARKET $5.38MGermany
2022
PRODUCT COMPLEXITY IN Metal Lathes1.68Rnk 29 / 1025
2022
Imports $83.2MWorld Rnk 23 / 189
Flag Rnk 566 / 1214
2022
Origin $6.27M Japan
2021 - 2022
FASTEST GROWING ORIGIN $6.27MJapan
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $155M in Metal Lathes, making it the 9th largest exporter of Metal Lathes in the world. At the same year, Metal Lathes was the 393rd most exported product in Spain. The main destination of Metal Lathes exports from Spain are: Italy ($28.7M), Germany ($18.3M), Portugal ($15.6M), France ($15.1M), and United States ($10.6M).

The fastest growing export markets for Metal Lathes of Spain between 2021 and 2022 were Germany ($5.38M), China ($2.99M), and Czechia ($2.47M).

Imports In 2022, Spain imported $83.2M in Metal Lathes, becoming the 23rd largest importer of Metal Lathes in the world. At the same year, Metal Lathes was the 566th most imported product in Spain. Spain imports Metal Lathes primarily from: Japan ($19.9M), Germany ($9.84M), Switzerland ($6.76M), Italy ($6.32M), and South Korea ($6.15M).

The fastest growing import markets in Metal Lathes for Spain between 2021 and 2022 were Japan ($6.27M), Switzerland ($3.34M), and Thailand ($2.74M).

Latest Trends

September 2024

About

Overview In September 2024 Spain's Metal Lathes exports accounted up to €15.5M and imports accounted up to €7.63M, resulting in a positive trade balance of €7.85M. Between September 2023 and September 2024 the exports of Spain's   Metal Lathes have increased by €6.57M (73.8%) from €8.91M to €15.5M, while imports increased by €421k (5.85%) from €7.21M to €7.63M.

Destinations In September 2024, Metal Lathes were exported mostly to United States (€3.23M), Mexico (€2.78M), France (€2.21M), Sweden (€1.72M), and Portugal (€1.11M), and were imported mostly from Germany (€3.53M), Italy (€1.43M), Japan (€1.3M), France (€351k), and Chinese Taipei (€250k).

Growth In September 2024, the increase in Metal Lathes's year-by-year exports was explained primarily by an increase in exports to China (€1.86M or 302%), Switzerland (€178k or 45.5%), and Portugal (€87k or 9.13%). In September 2024, the increase in Metal Lathes's year-by-year imports was explained primarily by an increase in imports from Netherlands (€607k or 6.06k%), France (€222k or 119%), and United Kingdom (€203k or 325%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€6.57M(73.8%)
IMPORT GROWTH (September 2023 - September 2024)€421k(5.85%)
MAIN EXPORTER (September 2024)Guipúzcoa€10.8M
MAIN DESTINATION (September 2024)United States€3.23M

This section shows Metal Lathes'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 Metal Lathes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$155M
IMPORTS (2022)$83.2M
NET TRADE (2022)$71.5M

In 2022, Spain exported $155M in Metal Lathes. The main destinations of Spain exports on Metal Lathes were Italy ($28.7M), Germany ($18.3M), Portugal ($15.6M), France ($15.1M), and United States ($10.6M).

In 2022, Spain imported $83.2M in Metal Lathes, mainly from Japan ($19.9M), Germany ($9.84M), Switzerland ($6.76M), Italy ($6.32M), and South Korea ($6.15M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Lathes EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Germany$5.38M (41.6%)
China$2.99M (109%)
Czechia$2.47M (150%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Lathes BY Spain WERE (2021 - 2022):
Russia-$13.3M (-84.8%)
Saudi Arabia-$3.1M (-83.7%)
Turkey-$2.72M (-33.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Metal Lathes were:
Japan $1.72B
South Korea $919M
Germany $778M
In 2022, Spain's main importing competitors in Metal Lathes were:
United States $1.15B
China $631M
Germany $594M

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Trade Value of Metal Lathes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.4M
TOP IMPORT POTENTIALChina+ $3.18M

Metal Lathes’s highest export potential is United States. With an export gap of $5.4M.   Metal Lathes’s highest import potential is China with an import gap of $3.18M.

See methodology.

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