2022
Exports
$823MWorld Rnk 15 / 209
Flag Rnk 104 / 1214
2022
PRODUCT COMPLEXITY IN Other Heating Machinery
1.15Rnk 116 / 1025
2022
Imports
$796MWorld Rnk 17 / 225
Flag Rnk 123 / 1214
2022
ECONOMIC COMPLEXITY of Spain
0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $823M in Other Heating Machinery, making it the 15th largest exporter of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 104th most exported product in Spain. The main destination of Other Heating Machinery exports from Spain are: Germany ($149M), Italy ($89.7M), France ($57.7M), United States ($51.4M), and Portugal ($42.7M).

The fastest growing export markets for Other Heating Machinery of Spain between 2021 and 2022 were Germany ($96.7M), Mexico ($17.9M), and Netherlands ($16.3M).

Imports In 2022, Spain imported $796M in Other Heating Machinery, becoming the 17th largest importer of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 123rd most imported product in Spain. Spain imports Other Heating Machinery primarily from: Italy ($185M), Germany ($139M), China ($107M), France ($47.4M), and Portugal ($35M).

The fastest growing import markets in Other Heating Machinery for Spain between 2021 and 2022 were United Kingdom ($16.7M), Vietnam ($15.7M), and Portugal ($11.6M).

COMPANIES In 2023, leading companies such as Electrolux (3), Robert Bosch (1), and Baxter Healthcare (1) were at the forefront of shipping Other Heating Machinery from Spain to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-11.1M(-21.7%)
IMPORT GROWTH (August 2023 - August 2024)€-4.98M(-10.5%)
MAIN EXPORTER (August 2024)Tarragona€63.6M
MAIN DESTINATION (August 2024)Germany€6.31M

This section shows Other Heating Machinery'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 Other Heating Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$823M
IMPORTS (2022)$796M
NET TRADE (2022)$26.5M

In 2022, Spain exported $823M in Other Heating Machinery. The main destinations of Spain exports on Other Heating Machinery were Germany ($149M), Italy ($89.7M), France ($57.7M), United States ($51.4M), and Portugal ($42.7M).

In 2022, Spain imported $796M in Other Heating Machinery, mainly from Italy ($185M), Germany ($139M), China ($107M), France ($47.4M), and Portugal ($35M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Heating Machinery EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Germany$96.7M (187%)
Mexico$17.9M (73.1%)
Netherlands$16.3M (141%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Heating Machinery BY Spain WERE (2021 - 2022):
United Arab Emirates-$71.4M (-84.9%)
Belgium-$18M (-68.4%)
Hungary-$8.87M (-84%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Other Heating Machinery were:
In 2022, Spain's main importing competitors in Other Heating Machinery were:

Explore Visualizations

Trade Value of Other Heating Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $39.1M
TOP IMPORT POTENTIALChina+ $46.6M

Other Heating Machinery’s highest export potential is France. With an export gap of $39.1M.   Other Heating Machinery’s highest import potential is China with an import gap of $46.6M.

See methodology.

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