Motor vehicles; parts and accessories (8701 to 8705) in Spain | The Observatory of Economic Complexity

About

Exports In 2022, Spain exported $10.6B in Motor vehicles; parts and accessories (8701 to 8705), making it the 12th largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 4th most exported product in Spain. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Spain are: France ($1.92B), Germany ($1.7B), Portugal ($1.19B), Morocco ($703M), and Poland ($504M).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Spain between 2021 and 2022 were France ($335M), Poland ($51.1M), and Mexico ($38.9M).

Imports In 2022, Spain imported $12.8B in Motor vehicles; parts and accessories (8701 to 8705), becoming the 7th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 5th most imported product in Spain. Spain imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: France ($2.62B), Germany ($2.35B), Portugal ($1.35B), Italy ($1.07B), and Poland ($790M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Spain between 2021 and 2022 were France ($836M), Germany ($184M), and United States ($123M).

COMPANIES In 2023, leading companies such as John Deere (134), Ford Motor Company (76), and Nissan (18) were at the forefront of shipping Motor vehicles; parts and accessories (8701 to 8705) from Spain to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Spain's Motor vehicles; parts and accessories (8701 to 8705) exports accounted up to €680M and imports accounted up to €623M, resulting in a positive trade balance of €57.8M. Between August 2023 and August 2024 the exports of Spain's Motor vehicles; parts and accessories (8701 to 8705) have decreased by €-7.19M (-1.05%) from €688M to €680M, while imports decreased by €-146M (-19%) from €769M to €623M.

Destinations In August 2024, Motor vehicles; parts and accessories (8701 to 8705) were exported mostly to Germany (€121M), France (€65.1M), Portugal (€57.5M), Morocco (€49.2M), and China (€42.4M), and were imported mostly from Germany (€114M), France (€107M), Portugal (€56.4M), Italy (€45.2M), and China (€41.2M).

Growth In August 2024, the decrease in Motor vehicles; parts and accessories (8701 to 8705)'s year-by-year exports was explained primarily by a decrease in exports to China (€-19.9M or -59.7%), Mexico (€-6.1M or -23.1%), and Russia (€-3.27M or -71.2%). In August 2024, the decrease in Motor vehicles; parts and accessories (8701 to 8705)'s year-by-year imports was explained primarily by a decrease in imports from France (€-241M or -44.5%), United States (€-8.79M or -13.9%), and China (€-6.14M or -18.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2023 - August 2024)€-7.19M(-1.05%)

IMPORT GROWTH (August 2023 - August 2024)€-146M(-19%)

MAIN EXPORTER (August 2024)Barcelona€212M

MAIN DESTINATION (August 2024)Germany€121M

This section shows Motor vehicles; parts and accessories (8701 to 8705)'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 Motor vehicles; parts and accessories (8701 to 8705) over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download