2022
Exports
$1.66BWorld Rnk 11 / 162
Flag Rnk 37 / 1214
2022
PRODUCT COMPLEXITY IN Nitrogen Heterocyclic Compounds
1.22Rnk 103 / 1025
2022
Imports
$3.59BWorld Rnk 8 / 211
Flag Rnk 13 / 1214
2022
ECONOMIC COMPLEXITY of Spain
0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $1.66B in Nitrogen Heterocyclic Compounds, making it the 11th largest exporter of Nitrogen Heterocyclic Compounds in the world. At the same year, Nitrogen Heterocyclic Compounds was the 37th most exported product in Spain. The main destination of Nitrogen Heterocyclic Compounds exports from Spain are: Belgium ($427M), Ireland ($309M), Panama ($161M), United States ($101M), and Germany ($101M).

The fastest growing export markets for Nitrogen Heterocyclic Compounds of Spain between 2021 and 2022 were Belgium ($417M), Ireland ($249M), and Panama ($161M).

Imports In 2022, Spain imported $3.59B in Nitrogen Heterocyclic Compounds, becoming the 8th largest importer of Nitrogen Heterocyclic Compounds in the world. At the same year, Nitrogen Heterocyclic Compounds was the 13th most imported product in Spain. Spain imports Nitrogen Heterocyclic Compounds primarily from: Switzerland ($1.84B), China ($506M), India ($295M), Germany ($241M), and Mexico ($147M).

The fastest growing import markets in Nitrogen Heterocyclic Compounds for Spain between 2021 and 2022 were China ($243M), Mexico ($140M), and India ($36.9M).

COMPANIES In 2023, leading companies such as Busa Distribution Center (5), Volkswagen (3), and ASOS (2) were at the forefront of shipping Nitrogen Heterocyclic Compounds from Spain to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-4.73M(-10.3%)
IMPORT GROWTH (August 2023 - August 2024)€-151M(-62.9%)
MAIN EXPORTER (August 2024)Barcelona€552M
MAIN DESTINATION (August 2024)Belgium€9.52M

This section shows Nitrogen Heterocyclic Compounds'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 Nitrogen Heterocyclic Compounds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.66B
IMPORTS (2022)$3.59B
NET TRADE (2022)-$1.93B

In 2022, Spain exported $1.66B in Nitrogen Heterocyclic Compounds. The main destinations of Spain exports on Nitrogen Heterocyclic Compounds were Belgium ($427M), Ireland ($309M), Panama ($161M), United States ($101M), and Germany ($101M).

In 2022, Spain imported $3.59B in Nitrogen Heterocyclic Compounds, mainly from Switzerland ($1.84B), China ($506M), India ($295M), Germany ($241M), and Mexico ($147M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrogen Heterocyclic Compounds EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Belgium$417M (4.22k%)
Ireland$249M (419%)
Panama$161M (376k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrogen Heterocyclic Compounds BY Spain WERE (2021 - 2022):
Germany-$75.9M (-42.9%)
Switzerland-$21.9M (-53.6%)
Portugal-$13.3M (-36.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Nitrogen Heterocyclic Compounds were:
In 2022, Spain's main importing competitors in Nitrogen Heterocyclic Compounds were:

Explore Visualizations

Trade Value of Nitrogen Heterocyclic Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $73.2M
TOP IMPORT POTENTIALChina+ $104M

Nitrogen Heterocyclic Compounds’s highest export potential is Germany. With an export gap of $73.2M.   Nitrogen Heterocyclic Compounds’s highest import potential is China with an import gap of $104M.

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