2022
Exports
$287MWorld Rnk 5 / 186
Flag Rnk 272 / 1214
2022
PRODUCT COMPLEXITY IN Other Pure Vegetable Oils
-0.9Rnk 810 / 1025
2022
Imports
$156MWorld Rnk 10 / 221
Flag Rnk 432 / 1214
2022
ECONOMIC COMPLEXITY of Spain
0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $287M in Other Pure Vegetable Oils, making it the 5th largest exporter of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 272nd most exported product in Spain. The main destination of Other Pure Vegetable Oils exports from Spain are: United States ($84.9M), France ($60.9M), Portugal ($27.4M), Italy ($23.9M), and South Korea ($18.8M).

The fastest growing export markets for Other Pure Vegetable Oils of Spain between 2021 and 2022 were France ($35.9M), Portugal ($9.97M), and Belgium ($4.65M).

Imports In 2022, Spain imported $156M in Other Pure Vegetable Oils, becoming the 10th largest importer of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 432nd most imported product in Spain. Spain imports Other Pure Vegetable Oils primarily from: France ($37.8M), Portugal ($34.3M), Kenya ($13.1M), Italy ($11.7M), and Netherlands ($7.43M).

The fastest growing import markets in Other Pure Vegetable Oils for Spain between 2021 and 2022 were France ($7.13M), Argentina ($6.18M), and Kenya ($5.86M).

COMPANIES In 2023, leading companies such as Goya Foods (2) were at the forefront of shipping Other Pure Vegetable Oils from Spain to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€357k(1.93%)
IMPORT GROWTH (June 2023 - June 2024)€5.42M(43%)
MAIN EXPORTER (June 2024)Sevilla€12.4M
MAIN DESTINATION (June 2024)United States€7.12M

This section shows Other Pure Vegetable Oils'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 Pure Vegetable Oils over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$287M
IMPORTS (2022)$156M
NET TRADE (2022)$131M

In 2022, Spain exported $287M in Other Pure Vegetable Oils. The main destinations of Spain exports on Other Pure Vegetable Oils were United States ($84.9M), France ($60.9M), Portugal ($27.4M), Italy ($23.9M), and South Korea ($18.8M).

In 2022, Spain imported $156M in Other Pure Vegetable Oils, mainly from France ($37.8M), Portugal ($34.3M), Kenya ($13.1M), Italy ($11.7M), and Netherlands ($7.43M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Pure Vegetable Oils EXPORT MARKETS FOR Spain WERE (2021 - 2022):
France$35.9M (143%)
Portugal$9.97M (57.3%)
Belgium$4.65M (747%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Pure Vegetable Oils BY Spain WERE (2021 - 2022):
Saudi Arabia-$4.42M (-93.1%)
United Arab Emirates-$3.96M (-78.2%)
Italy-$2.11M (-8.12%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Other Pure Vegetable Oils were:
In 2022, Spain's main importing competitors in Other Pure Vegetable Oils were:

Explore Visualizations

Trade Value of Other Pure Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.41M
TOP IMPORT POTENTIALIndia+ $6.68M

Other Pure Vegetable Oils’s highest export potential is China. With an export gap of $5.41M.   Other Pure Vegetable Oils’s highest import potential is India with an import gap of $6.68M.

See methodology.

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