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2022
Exports $611MWorld Rnk 4 / 144
Flag Rnk 150 / 1214
2022
Destination $71.2M Germany
2021 - 2022
FASTEST GROWING MARKET $71.2MGermany
2022
PRODUCT COMPLEXITY IN Other Stainless Steel Bars1.42Rnk 67 / 1025
2022
Imports $161MWorld Rnk 16 / 219
Flag Rnk 422 / 1214
2022
Origin $5.08M Italy
2021 - 2022
FASTEST GROWING ORIGIN $5.08MGermany
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

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 (18) were at the forefront of shipping Other Stainless Steel Bars from Spain to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Spain's Other Stainless Steel Bars exports accounted up to €30M and imports accounted up to €8.26M, resulting in a positive trade balance of €21.7M. Between September 2023 and September 2024 the exports of Spain's   Other Stainless Steel Bars have increased by €281k (0.94%) from €29.7M to €30M, while imports decreased by €-2.45M (-22.8%) from €10.7M to €8.26M.

Destinations In September 2024, Other Stainless Steel Bars were exported mostly to Germany (€12.6M), United Kingdom (€5.33M), Italy (€5.09M), France (€1.35M), and United States (€1.08M), and were imported mostly from Italy (€2.73M), France (€2.09M), Germany (€2.06M), Sweden (€342k), and United States (€285k).

Growth In September 2024, the increase in Other Stainless Steel Bars's year-by-year exports was explained primarily by an increase in exports to Germany (€6.31M or 31.1%), Italy (€1.14M or 14%), and France (€560k or 24.8%). In September 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
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€281k(0.94%)
IMPORT GROWTH (September 2023 - September 2024)€-2.45M(-22.8%)
MAIN EXPORTER (September 2024)Vizcaya€20.9M
MAIN DESTINATION (September 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
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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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Stainless Steel Bars EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Germany$71.2M (34.5%)
Italy$26.6M (38.1%)
United Kingdom$13.4M (23.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Stainless Steel Bars BY Spain WERE (2021 - 2022):
Algeria-$1.23M (-85.4%)
Czechia-$1.05M (-26.2%)
Austria-$976k (-44.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Other Stainless Steel Bars were:
Italy $1.61B
India $1.23B
Germany $1.02B
In 2022, Spain's main importing competitors in Other Stainless Steel Bars were:
Germany $1.44B
United States $830M
Italy $500M

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Trade Value of Other Stainless Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $15M
TOP IMPORT POTENTIALIndia+ $8.41M

Other Stainless Steel Bars’s highest export potential is France. With an export gap of $15M.   Other Stainless Steel Bars’s highest import potential is India with an import gap of $8.41M.

See methodology.

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