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2023
Exports $111MWorld Rnk 11 / 104
Flag Rnk 455 / 1215
2023
Destination $8.68M Russia
2022 - 2023
FASTEST GROWING MARKET $8.68MRussia
2023
PRODUCT COMPLEXITY IN Metalworking Transfer Machines2.12Rnk 2 / 1025
2023
Imports $121MWorld Rnk 20 / 169
Flag Rnk 458 / 1214
2023
Origin $5.82M Germany
2022 - 2023
FASTEST GROWING ORIGIN $5.82MSouth Korea
2023
ECONOMIC COMPLEXITY of Spain0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $111M in Metalworking Transfer Machines, making it the 11th largest exporter of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 455th most exported product in Spain. The main destination of Metalworking Transfer Machines exports from Spain are: Russia ($11.8M), China ($11.5M), Italy ($11.4M), United States ($10.2M), and Turkey ($8.18M).

The fastest growing export markets for Metalworking Transfer Machines of Spain between 2022 and 2023 were Russia ($8.68M), Canada ($4.56M), and India ($4.19M).

Imports In 2023, Spain imported $121M in Metalworking Transfer Machines, becoming the 20th largest importer of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 458th most imported product in Spain. Spain imports Metalworking Transfer Machines primarily from: Germany ($38.9M), Japan ($17.3M), Italy ($16.3M), South Korea ($12.6M), and Chinese Taipei ($11.1M).

The fastest growing import markets in Metalworking Transfer Machines for Spain between 2022 and 2023 were South Korea ($5.82M), Germany ($2.62M), and China ($2.12M).

Latest Trends

December 2024

About

Overview In December 2024 Spain's Metalworking Transfer Machines exports accounted up to €21.9M and imports accounted up to €9.65M, resulting in a positive trade balance of €12.3M. Between December 2023 and December 2024 the exports of Spain's   Metalworking Transfer Machines have increased by €9.66M (78.6%) from €12.3M to €21.9M, while imports increased by €5.19M (116%) from €4.47M to €9.65M.

Destinations In December 2024, Metalworking Transfer Machines were exported mostly to United States (€11.2M), Portugal (€3.2M), Chile (€1.3M), Italy (€1.29M), and China (€1.23M), and were imported mostly from Germany (€2.72M), Italy (€1.98M), South Korea (€1.65M), Chinese Taipei (€1.2M), and Japan (€1.03M).

Growth In December 2024, the increase in Metalworking Transfer Machines's year-by-year exports was explained primarily by an increase in exports to Turkey (€3.42M or 542%), Canada (€3.06M or 360%), and China (€515k or 123%). In December 2024, the increase in Metalworking Transfer Machines's year-by-year imports was explained primarily by an increase in imports from Japan (€1.78M or 127%), South Korea (€1.59M or 417%), and Italy (€640k or 85.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)€9.66M(78.6%)
IMPORT GROWTH (December 2023 - December 2024)€5.19M(116%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United States€11.2M

This section shows Metalworking Transfer Machines'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 Metalworking Transfer Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$111M
IMPORTS (2023)$121M
NET TRADE (2023)-$10.4M

In 2023, Spain exported $111M in Metalworking Transfer Machines. The main destinations of Spain exports on Metalworking Transfer Machines were Russia ($11.8M), China ($11.5M), Italy ($11.4M), United States ($10.2M), and Turkey ($8.18M).

In 2023, Spain imported $121M in Metalworking Transfer Machines, mainly from Germany ($38.9M), Japan ($17.3M), Italy ($16.3M), South Korea ($12.6M), and Chinese Taipei ($11.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Metalworking Transfer Machines EXPORT MARKETS FOR Spain WERE (2022 - 2023):
Russia$8.68M (277%)
Canada$4.56M (341%)
India$4.19M (133%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Transfer Machines BY Spain WERE (2022 - 2023):
China-$12M (-51.1%)
Hungary-$10.8M (-95.7%)
United Kingdom-$3.29M (-59.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Metalworking Transfer Machines were:
Japan $2.78B
Germany $2.04B
Chinese Taipei $960M
In 2023, Spain's main importing competitors in Metalworking Transfer Machines were:
China $1.78B
United States $1.61B
Turkey $670M

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Trade Value of Metalworking Transfer Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.7M
TOP IMPORT POTENTIALJapan+ $5.22M

Metalworking Transfer Machines’s highest export potential is China. With an export gap of $5.7M.   Metalworking Transfer Machines’s highest import potential is Japan with an import gap of $5.22M.

See methodology.

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