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2022
Exports $21.8BWorld Rnk 15 / 226
Flag Rnk 8 / 21
2022
Destination $232M France
2021 - 2022
FASTEST GROWING MARKET $232MFrance
2022
PRODUCT COMPLEXITY IN Plastics and Rubbers1.72Rnk 19 / 1025
2022
Imports $23.3BWorld Rnk 15 / 226
Flag Rnk 7 / 21
2022
Origin $382M Germany
2021 - 2022
FASTEST GROWING ORIGIN $382MGermany
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $21.8B in Plastics and Rubbers, making it the 15th largest exporter of Plastics and Rubbers in the world. At the same year, Plastics and Rubbers was the 8th most exported product in Spain. The main destination of Plastics and Rubbers exports from Spain are: France ($3.87B), Portugal ($2.4B), Germany ($2.33B), Italy ($2.18B), and United States ($902M).

The fastest growing export markets for Plastics and Rubbers of Spain between 2021 and 2022 were France ($232M), United States ($187M), and Portugal ($167M).

Imports In 2022, Spain imported $23.3B in Plastics and Rubbers, becoming the 15th largest importer of Plastics and Rubbers in the world. At the same year, Plastics and Rubbers was the 7th most imported product in Spain. Spain imports Plastics and Rubbers primarily from: Germany ($3.8B), France ($2.73B), Italy ($2.36B), China ($1.96B), and Portugal ($1.77B).

The fastest growing import markets in Plastics and Rubbers for Spain between 2021 and 2022 were Germany ($382M), China ($296M), and United States ($269M).

COMPANIES In 2023, leading companies such as John Deere (98), Dow Chemical (72), and Yokohama Industries (69) were at the forefront of shipping Plastics and Rubbers from Spain to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Spain's Plastics and Rubbers exports accounted up to €1.67B and imports accounted up to €1.72B, resulting in a negative trade balance of €43.8M. Between October 2023 and October 2024 the exports of Spain's   Plastics and Rubbers have increased by €107M (6.81%) from €1.57B to €1.67B, while imports increased by €116M (7.23%) from €1.6B to €1.72B.

Destinations In October 2024, Plastics and Rubbers were exported mostly to France (€294M), Germany (€190M), Portugal (€185M), Italy (€151M), and Morocco (€86.9M), and were imported mostly from Germany (€272M), France (€187M), Italy (€182M), China (€164M), and Portugal (€106M).

Growth In October 2024, the increase in Plastics and Rubbers's year-by-year exports was explained primarily by an increase in exports to Germany (€16.8M or 9.44%), China (€9.96M or 25.4%), and Belgium (€9.07M or 20.2%). In October 2024, the increase in Plastics and Rubbers's year-by-year imports was explained primarily by an increase in imports from United States (€12.3M or 25.8%), Italy (€9.74M or 6.61%), and Poland (€5.72M or 16.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€107M(6.81%)
IMPORT GROWTH (October 2023 - October 2024)€116M(7.23%)
MAIN EXPORTER (October 2024)Barcelona€398M
MAIN DESTINATION (October 2024)France€294M

This section shows Plastics and Rubbers'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 Plastics and Rubbers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$21.8B
IMPORTS (2022)$23.3B
NET TRADE (2022)-$1.52B

In 2022, Spain exported $21.8B in Plastics and Rubbers. The main destinations of Spain exports on Plastics and Rubbers were France ($3.87B), Portugal ($2.4B), Germany ($2.33B), Italy ($2.18B), and United States ($902M).

In 2022, Spain imported $23.3B in Plastics and Rubbers, mainly from Germany ($3.8B), France ($2.73B), Italy ($2.36B), China ($1.96B), and Portugal ($1.77B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastics and Rubbers EXPORT MARKETS FOR Spain WERE (2021 - 2022):
France$232M (6.39%)
United States$187M (26.1%)
Portugal$167M (7.46%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastics and Rubbers BY Spain WERE (2021 - 2022):
Russia-$144M (-64.4%)
Algeria-$64.1M (-46.3%)
Hungary-$21.9M (-11.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Plastics and Rubbers were:
China $189B
United States $110B
Germany $104B
In 2022, Spain's main importing competitors in Plastics and Rubbers were:
United States $132B
China $90.7B
Germany $75.6B

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Trade Value of Plastics and Rubbers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $796M
TOP IMPORT POTENTIALChina+ $830M

Plastics and Rubbers’s highest export potential is France. With an export gap of $796M.   Plastics and Rubbers’s highest import potential is China with an import gap of $830M.

See methodology.

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