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2022
Exports $732MWorld Rnk 29 / 226
Flag Rnk 124 / 1214
2022
Destination $15.3M Portugal
2021 - 2022
FASTEST GROWING MARKET $15.3MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Office Machine Parts1.32Rnk 90 / 1025
2022
Imports $2.43BWorld Rnk 26 / 224
Flag Rnk 27 / 1214
2022
Origin $104M China
2021 - 2022
FASTEST GROWING ORIGIN $104MChina
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $732M in Office Machine Parts, making it the 29th largest exporter of Office Machine Parts in the world. At the same year, Office Machine Parts was the 124th most exported product in Spain. The main destination of Office Machine Parts exports from Spain are: Portugal ($153M), Germany ($123M), France ($86.5M), Italy ($52.4M), and Netherlands ($39.8M).

The fastest growing export markets for Office Machine Parts of Spain between 2021 and 2022 were United Kingdom ($15.3M), Romania ($5.09M), and Morocco ($3.07M).

Imports In 2018, Spain imported $2.43B in Office Machine Parts, becoming the 26th largest importer of Office Machine Parts in the world. At the same year, Office Machine Parts was the 27th most imported product in Spain. Spain imports Office Machine Parts primarily from: China ($549M), Netherlands ($427M), Germany ($408M), Czechia ($166M), and Ireland ($108M).

The fastest growing import markets in Office Machine Parts for Spain between 2021 and 2022 were China ($104M), Poland ($60.6M), and Vietnam ($18.3M).

Latest Trends

August 2024

About

Overview In August 2024 Spain's Office Machine Parts exports accounted up to €16.2M and imports accounted up to €41.8M, resulting in a negative trade balance of €25.6M. Between August 2023 and August 2024 the exports of Spain's   Office Machine Parts have decreased by €-253k (-1.54%) from €16.4M to €16.2M, while imports decreased by €-6.97M (-14.3%) from €48.8M to €41.8M.

Destinations In August 2024, Office Machine Parts were exported mostly to Portugal (€3.02M), Germany (€2.33M), France (€1.38M), Netherlands (€1.33M), and United Kingdom (€771k), and were imported mostly from China (€9.75M), Germany (€9.11M), Netherlands (€6.16M), Vietnam (€3.02M), and United States (€2.97M).

Growth In August 2024, the decrease in Office Machine Parts's year-by-year exports was explained primarily by a decrease in exports to Germany (€-1.13M or -25.3%), Hong Kong (€-446k or -94.8%), and Ireland (€-351k or -87.9%). In August 2024, the decrease in Office Machine Parts's year-by-year imports was explained primarily by a decrease in imports from Italy (€-16.1M or -91.4%), Netherlands (€-10.1M or -63.3%), and Philippines (€-849k or -80.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-253k(-1.54%)
IMPORT GROWTH (August 2023 - August 2024)€-6.97M(-14.3%)
MAIN EXPORTER (August 2024)Madrid€10.3M
MAIN DESTINATION (August 2024)Portugal€3.02M

This section shows Office Machine Parts'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 Office Machine Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$732M
IMPORTS (2022)$2.43B
NET TRADE (2022)-$1.7B

In 2022, Spain exported $732M in Office Machine Parts. The main destinations of Spain exports on Office Machine Parts were Portugal ($153M), Germany ($123M), France ($86.5M), Italy ($52.4M), and Netherlands ($39.8M).

In 2022, Spain imported $2.43B in Office Machine Parts, mainly from China ($549M), Netherlands ($427M), Germany ($408M), Czechia ($166M), and Ireland ($108M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Office Machine Parts EXPORT MARKETS FOR Spain WERE (2021 - 2022):
United Kingdom$15.3M (85.2%)
Romania$5.09M (216%)
Morocco$3.07M (33.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Office Machine Parts BY Spain WERE (2021 - 2022):
Poland-$41.7M (-61.2%)
Germany-$24.9M (-16.8%)
France-$23M (-21%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Office Machine Parts were:
China $111B
Chinese Taipei $26.4B
United States $22.5B
In 2022, Spain's main importing competitors in Office Machine Parts were:
United States $60.3B
Hong Kong $30.5B
China $27.2B

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Trade Value of Office Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $14.8M
TOP IMPORT POTENTIALChina+ $80.8M

Office Machine Parts’s highest export potential is France. With an export gap of $14.8M.   Office Machine Parts’s highest import potential is China with an import gap of $80.8M.

See methodology.

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