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2022
Exports $175MWorld Rnk 19 / 94
Flag Rnk 367 / 1214
2022
Destination $47M France
2021 - 2022
FASTEST GROWING MARKET $47MBelgium
2022
PRODUCT COMPLEXITY IN Platinum0.58Rnk 328 / 1025
2022
Imports $223MWorld Rnk 21 / 143
Flag Rnk 338 / 1214
2022
Origin $22.8M United Kingdom
2021 - 2022
FASTEST GROWING ORIGIN $22.8MSouth Africa
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $175M in Platinum, making it the 19th largest exporter of Platinum in the world. At the same year, Platinum was the 367th most exported product in Spain. The main destination of Platinum exports from Spain are: France ($58.2M), United Kingdom ($51M), Belgium ($47M), Italy ($11.3M), and Germany ($5.11M).

The fastest growing export markets for Platinum of Spain between 2021 and 2022 were Belgium ($47M), United Kingdom ($3.74M), and India ($163k).

Imports In 2022, Spain imported $223M in Platinum, becoming the 21st largest importer of Platinum in the world. At the same year, Platinum was the 338th most imported product in Spain. Spain imports Platinum primarily from: United Kingdom ($84M), Italy ($50.3M), France ($48.9M), South Africa ($23.2M), and South Korea ($8.27M).

The fastest growing import markets in Platinum for Spain between 2021 and 2022 were South Africa ($22.8M), France ($20.5M), and South Korea ($6.9M).

Latest Trends

October 2024

About

Overview In October 2024 Spain's Platinum exports accounted up to €6.53M and imports accounted up to €1.73M, resulting in a positive trade balance of €4.79M. Between October 2023 and October 2024 the exports of Spain's   Platinum have increased by €1.17M (21.8%) from €5.36M to €6.53M, while imports increased by €655k (60.7%) from €1.08M to €1.73M.

Destinations In October 2024, Platinum were exported mostly to United Kingdom (€2.86M), France (€2.25M), and Italy (€1.42M), and were imported mostly from Germany (€825k), India (€799k), United Kingdom (€36.3k), United States (€27.4k), and Switzerland (€23.6k).

Growth In October 2024, the increase in Platinum's year-by-year exports was explained primarily by an increase in exports to . In October 2024, the increase in Platinum's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€1.17M(21.8%)
IMPORT GROWTH (October 2023 - October 2024)€655k(60.7%)
MAIN EXPORTER (October 2024)Madrid€5.61M
MAIN DESTINATION (October 2024)United Kingdom€2.86M

This section shows Platinum'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 Platinum over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$175M
IMPORTS (2022)$223M
NET TRADE (2022)-$48.4M

In 2022, Spain exported $175M in Platinum. The main destinations of Spain exports on Platinum were France ($58.2M), United Kingdom ($51M), Belgium ($47M), Italy ($11.3M), and Germany ($5.11M).

In 2022, Spain imported $223M in Platinum, mainly from United Kingdom ($84M), Italy ($50.3M), France ($48.9M), South Africa ($23.2M), and South Korea ($8.27M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Platinum EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Belgium$47M (35.1M%)
United Kingdom$3.74M (7.93%)
India$163k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Platinum BY Spain WERE (2021 - 2022):
France-$9.94M (-14.6%)
Italy-$8.18M (-41.9%)
Portugal-$1.42M (-40.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Platinum were:
South Africa $19.1B
United Kingdom $8.43B
United States $7.9B
In 2022, Spain's main importing competitors in Platinum were:
United States $13.2B
Germany $9.66B
Japan $9.48B

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Trade Value of Platinum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $14.1M
TOP IMPORT POTENTIALSouth Africa+ $20.5M

Platinum’s highest export potential is United Kingdom. With an export gap of $14.1M.   Platinum’s highest import potential is South Africa with an import gap of $20.5M.

See methodology.

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