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2022
Exports $16.6MWorld Rnk 16 / 105
Flag Rnk 847 / 1214
2022
Destination $3.23M Morocco
2021 - 2022
FASTEST GROWING MARKET $3.23MMorocco
2022
PRODUCT COMPLEXITY IN Peat-0.028Rnk 554 / 1025
2022
Imports $58.2MWorld Rnk 9 / 195
Flag Rnk 645 / 1214
2022
Origin $808k Germany
2021 - 2022
FASTEST GROWING ORIGIN $808kEstonia
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $16.6M in Peat, making it the 16th largest exporter of Peat in the world. At the same year, Peat was the 847th most exported product in Spain. The main destination of Peat exports from Spain are: Morocco ($7.61M), Portugal ($2.9M), France ($902k), Chile ($871k), and Netherlands ($719k).

The fastest growing export markets for Peat of Spain between 2021 and 2022 were Morocco ($3.23M), Chile ($746k), and Peru ($474k).

Imports In 2022, Spain imported $58.2M in Peat, becoming the 9th largest importer of Peat in the world. At the same year, Peat was the 645th most imported product in Spain. Spain imports Peat primarily from: Germany ($18M), Estonia ($12.7M), Latvia ($11.7M), Netherlands ($7.24M), and Lithuania ($3.92M).

The fastest growing import markets in Peat for Spain between 2021 and 2022 were Estonia ($808k), Russia ($352k), and Finland ($199k).

Latest Trends

August 2024

About

Overview In August 2024 Spain's Peat exports accounted up to €609k and imports accounted up to €3.56M, resulting in a negative trade balance of €2.95M. Between August 2023 and August 2024 the exports of Spain's   Peat have increased by €315k (107%) from €294k to €609k, while imports decreased by €-243k (-6.41%) from €3.8M to €3.56M.

Destinations In August 2024, Peat were exported mostly to Portugal (€190k), Morocco (€170k), Cuba (€98.5k), France (€65.6k), and Germany (€32.1k), and were imported mostly from Estonia (€948k), Latvia (€921k), Germany (€625k), Netherlands (€380k), and Lithuania (€278k).

Growth In August 2024, the increase in Peat's year-by-year exports was explained primarily by an increase in exports to France (€36.8k or 59.7%), United Kingdom (€6.93k or 85.2%), and Italy (€2.81k or 1.41k%). In August 2024, the decrease in Peat's year-by-year imports was explained primarily by a decrease in imports from Germany (€-569k or -33.5%), Estonia (€-138k or -23.6%), and Netherlands (€-134k or -21.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€315k(107%)
IMPORT GROWTH (August 2023 - August 2024)€-243k(-6.41%)
MAIN EXPORTER (August 2024)Murcia€1.24M
MAIN DESTINATION (August 2024)Portugal€190k

This section shows Peat'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 Peat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$16.6M
IMPORTS (2022)$58.2M
NET TRADE (2022)-$41.5M

In 2022, Spain exported $16.6M in Peat. The main destinations of Spain exports on Peat were Morocco ($7.61M), Portugal ($2.9M), France ($902k), Chile ($871k), and Netherlands ($719k).

In 2022, Spain imported $58.2M in Peat, mainly from Germany ($18M), Estonia ($12.7M), Latvia ($11.7M), Netherlands ($7.24M), and Lithuania ($3.92M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Peat EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Morocco$3.23M (73.7%)
Chile$746k (600%)
Peru$474k (195%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Peat BY Spain WERE (2021 - 2022):
Portugal-$879k (-23.3%)
United Kingdom-$275k (-32.8%)
Italy-$273k (-70.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Peat were:
Canada $527M
Latvia $324M
Netherlands $190M
In 2022, Spain's main importing competitors in Peat were:
United States $533M
Netherlands $143M
China $113M

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Trade Value of Peat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $671k
TOP IMPORT POTENTIALBelgium+ $519k

Peat’s highest export potential is United States. With an export gap of $671k.   Peat’s highest import potential is Belgium with an import gap of $519k.

See methodology.

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