Other Stainless Steel Bars in Spain | The Observatory of Economic Complexity

About

Exports In 2022, Spain exported $611M in Other Stainless Steel Bars, making it the 4th largest exporter of Other Stainless Steel Bars in the world. At the same year, Other Stainless Steel Bars was the 150th most exported product in Spain. The main destination of Other Stainless Steel Bars exports from Spain are: Germany ($277M), Italy ($96.5M), United Kingdom ($69.9M), France ($34.5M), and United States ($18.9M).

The fastest growing export markets for Other Stainless Steel Bars of Spain between 2021 and 2022 were Germany ($71.2M), Italy ($26.6M), and United Kingdom ($13.4M).

Imports In 2022, Spain imported $161M in Other Stainless Steel Bars, becoming the 16th largest importer of Other Stainless Steel Bars in the world. At the same year, Other Stainless Steel Bars was the 422nd most imported product in Spain. Spain imports Other Stainless Steel Bars primarily from: Italy ($57.1M), Germany ($28.8M), India ($22.6M), China ($18.6M), and France ($15.5M).

The fastest growing import markets in Other Stainless Steel Bars for Spain between 2021 and 2022 were Germany ($5.08M), China ($4.41M), and India ($2.67M).

COMPANIES In 2023, leading companies such as VALBRUNA STAINLESS INC. (45) were at the forefront of shipping Other Stainless Steel Bars from Spain to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Spain's Other Stainless Steel Bars exports accounted up to €27.1M and imports accounted up to €15.3M, resulting in a positive trade balance of €11.8M. Between January 2023 and January 2024 the exports of Spain's Other Stainless Steel Bars have decreased by €-22.9M (-45.8%) from €50M to €27.1M, while imports decreased by €-1.23M (-7.45%) from €16.6M to €15.3M.

Destinations In January 2024, Other Stainless Steel Bars were exported mostly to Germany (€12.6M), Italy (€4.41M), United Kingdom (€3.65M), France (€1.35M), and United States (€1.12M), and were imported mostly from India (€4.82M), Italy (€3.06M), Germany (€2.87M), China (€1.67M), and France (€1.04M).

Growth In January 2024, the decrease in Other Stainless Steel Bars's year-by-year exports was explained primarily by a decrease in exports to United Kingdom (€-1M or -18.6%), United States (€-645k or -44%), and Switzerland (€-412k or -46.3%). In January 2024, the decrease in Other Stainless Steel Bars's year-by-year imports was explained primarily by a decrease in imports from Italy (€-741k or -19.3%), Luxembourg (€-454k or -74.8%), and Belgium (€-235k or -92.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-22.9M(-45.8%)

IMPORT GROWTH (January 2023 - January 2024)€-1.23M(-7.45%)

MAIN EXPORTER (January 2024)Vizcaya€16.8M

MAIN DESTINATION (January 2024)Germany€12.6M

This section shows Other Stainless Steel Bars'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 Stainless Steel Bars over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$611M

IMPORTS (2022)$161M

NET TRADE (2022)$450M

In 2022, Spain exported $611M in Other Stainless Steel Bars. The main destinations of Spain exports on Other Stainless Steel Bars were Germany ($277M), Italy ($96.5M), United Kingdom ($69.9M), France ($34.5M), and United States ($18.9M).

In 2022, Spain imported $161M in Other Stainless Steel Bars, mainly from Italy ($57.1M), Germany ($28.8M), India ($22.6M), China ($18.6M), and France ($15.5M).

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