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2022
Exports $475MWorld Rnk 21 / 207
Flag Rnk 188 / 1214
2022
Destination $50.2M Portugal
2021 - 2022
FASTEST GROWING MARKET $50.2MUnited States
2022
PRODUCT COMPLEXITY IN Orthopedic Appliances0.98Rnk 180 / 1025
2022
Imports $1.94BWorld Rnk 11 / 221
Flag Rnk 42 / 1214
2022
Origin $34.3M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $34.3MUnited States
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $475M in Orthopedic Appliances, making it the 21st largest exporter of Orthopedic Appliances in the world. At the same year, Orthopedic Appliances was the 188th most exported product in Spain. The main destination of Orthopedic Appliances exports from Spain are: Portugal ($115M), United States ($80M), Netherlands ($75.3M), France ($44.7M), and Germany ($28M).

The fastest growing export markets for Orthopedic Appliances of Spain between 2021 and 2022 were United States ($50.2M), Netherlands ($10.9M), and Portugal ($6.58M).

Imports In 2022, Spain imported $1.94B in Orthopedic Appliances, becoming the 11th largest importer of Orthopedic Appliances in the world. At the same year, Orthopedic Appliances was the 42nd most imported product in Spain. Spain imports Orthopedic Appliances primarily from: Netherlands ($504M), United States ($254M), Germany ($246M), Mexico ($191M), and Switzerland ($126M).

The fastest growing import markets in Orthopedic Appliances for Spain between 2021 and 2022 were United States ($34.3M), Switzerland ($12.7M), and Singapore ($8.2M).

Latest Trends

August 2024

About

Overview In August 2024 Spain's Orthopedic Appliances exports accounted up to €35.8M and imports accounted up to €95.2M, resulting in a negative trade balance of €59.4M. Between August 2023 and August 2024 the exports of Spain's   Orthopedic Appliances have increased by €6.78M (23.4%) from €29M to €35.8M, while imports decreased by €-1.62M (-1.68%) from €96.8M to €95.2M.

Destinations In August 2024, Orthopedic Appliances were exported mostly to Portugal (€10.5M), United States (€6.97M), Netherlands (€3.41M), Germany (€2.06M), and France (€1.66M), and were imported mostly from United States (€26.5M), Germany (€12.2M), Netherlands (€7.3M), Switzerland (€6.63M), and Mexico (€6.56M).

Growth In August 2024, the increase in Orthopedic Appliances's year-by-year exports was explained primarily by an increase in exports to United States (€7.23M or 319%), Portugal (€2.66M or 29.5%), and France (€747k or 21.6%). In August 2024, the decrease in Orthopedic Appliances's year-by-year imports was explained primarily by a decrease in imports from Belgium (€-1.42M or -56.3%), Brazil (€-1.18M or -79.8%), and China (€-686k or -18.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€6.78M(23.4%)
IMPORT GROWTH (August 2023 - August 2024)€-1.62M(-1.68%)
MAIN EXPORTER (August 2024)Madrid€18.6M
MAIN DESTINATION (August 2024)Portugal€10.5M

This section shows Orthopedic Appliances'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 Orthopedic Appliances over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$475M
IMPORTS (2022)$1.94B
NET TRADE (2022)-$1.46B

In 2022, Spain exported $475M in Orthopedic Appliances. The main destinations of Spain exports on Orthopedic Appliances were Portugal ($115M), United States ($80M), Netherlands ($75.3M), France ($44.7M), and Germany ($28M).

In 2022, Spain imported $1.94B in Orthopedic Appliances, mainly from Netherlands ($504M), United States ($254M), Germany ($246M), Mexico ($191M), and Switzerland ($126M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Orthopedic Appliances EXPORT MARKETS FOR Spain WERE (2021 - 2022):
United States$50.2M (168%)
Netherlands$10.9M (16.8%)
Portugal$6.58M (6.06%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Orthopedic Appliances BY Spain WERE (2021 - 2022):
United Kingdom-$7.03M (-47.1%)
Chile-$2.32M (-61.9%)
Lebanon-$855k (-45%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Orthopedic Appliances were:
United States $12.2B
Netherlands $9.21B
Switzerland $7.42B
In 2022, Spain's main importing competitors in Orthopedic Appliances were:
United States $14.1B
Netherlands $7.77B
Germany $5.39B

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Trade Value of Orthopedic Appliances by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $38.2M
TOP IMPORT POTENTIALFrance+ $53.1M

Orthopedic Appliances’s highest export potential is United States. With an export gap of $38.2M.   Orthopedic Appliances’s highest import potential is France with an import gap of $53.1M.

See methodology.

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