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2022
Exports $7.44MWorld Rnk 16 / 99
Flag Rnk 964 / 1214
2022
Destination $674k Portugal
2021 - 2022
FASTEST GROWING MARKET $674kHonduras
2022
Imports $8.52MWorld Rnk 13 / 175
Flag Rnk 1012 / 1214
2022
Origin $167k Senegal
2021 - 2022
FASTEST GROWING ORIGIN $167kBelgium
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $7.44M in Processed Synthetic Staple Fibers, making it the 16th largest exporter of Processed Synthetic Staple Fibers in the world. At the same year, Processed Synthetic Staple Fibers was the 964th most exported product in Spain. The main destination of Processed Synthetic Staple Fibers exports from Spain are: Portugal ($2.56M), Honduras ($1.93M), Italy ($1.01M), France ($666k), and Turkey ($215k).

The fastest growing export markets for Processed Synthetic Staple Fibers of Spain between 2021 and 2022 were Honduras ($674k), Portugal ($489k), and France ($202k).

Imports In 2022, Spain imported $8.52M in Processed Synthetic Staple Fibers, becoming the 13th largest importer of Processed Synthetic Staple Fibers in the world. At the same year, Processed Synthetic Staple Fibers was the 1012th most imported product in Spain. Spain imports Processed Synthetic Staple Fibers primarily from: Senegal ($4.09M), Portugal ($1.5M), Germany ($1.12M), Italy ($996k), and China ($207k).

The fastest growing import markets in Processed Synthetic Staple Fibers for Spain between 2021 and 2022 were Belgium ($167k), Portugal ($166k), and China ($159k).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Processed Synthetic Staple Fibers exports accounted up to €401k and imports accounted up to €192k, resulting in a positive trade balance of €209k. Between June 2023 and June 2024 the exports of Spain's   Processed Synthetic Staple Fibers have decreased by €-164k (-29%) from €565k to €401k, while imports decreased by €-110k (-36.5%) from €302k to €192k.

Destinations In June 2024, Processed Synthetic Staple Fibers were exported mostly to Portugal (€240k), Italy (€54.8k), Honduras (€34.5k), Denmark (€32.5k), and Romania (€11.8k), and were imported mostly from Italy (€87.7k), China (€32.1k), Germany (€27.1k), Belgium (€16.4k), and France (€14.8k).

Growth In June 2024, the decrease in Processed Synthetic Staple Fibers's year-by-year exports was explained primarily by a decrease in exports to Italy (€-191k or -65.4%), Portugal (€-144k or -33.3%), and Sweden (€-495 or -19.2%). In June 2024, the decrease in Processed Synthetic Staple Fibers's year-by-year imports was explained primarily by a decrease in imports from Italy (€-152k or -50.7%) and Germany (€-144k or -78.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-164k(-29%)
IMPORT GROWTH (June 2023 - June 2024)€-110k(-36.5%)
MAIN EXPORTER (June 2024)Alicante€607k
MAIN DESTINATION (June 2024)Portugal€240k

This section shows Processed Synthetic Staple Fibers'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 Processed Synthetic Staple Fibers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.44M
IMPORTS (2022)$8.52M
NET TRADE (2022)-$1.08M

In 2022, Spain exported $7.44M in Processed Synthetic Staple Fibers. The main destinations of Spain exports on Processed Synthetic Staple Fibers were Portugal ($2.56M), Honduras ($1.93M), Italy ($1.01M), France ($666k), and Turkey ($215k).

In 2022, Spain imported $8.52M in Processed Synthetic Staple Fibers, mainly from Senegal ($4.09M), Portugal ($1.5M), Germany ($1.12M), Italy ($996k), and China ($207k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Synthetic Staple Fibers EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Honduras$674k (53.8%)
Portugal$489k (23.6%)
France$202k (43.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Synthetic Staple Fibers BY Spain WERE (2021 - 2022):
Italy-$3.38M (-77%)
Morocco-$236k (-65.9%)
South Africa-$131k (-95.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Processed Synthetic Staple Fibers were:
Senegal $36.9M
China $36.5M
Japan $36.5M
In 2022, Spain's main importing competitors in Processed Synthetic Staple Fibers were:
Senegal $45.4M
Turkey $29.5M
United States $27.7M

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Trade Value of Processed Synthetic Staple Fibers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $125k
TOP IMPORT POTENTIALPortugal+ $196k

Processed Synthetic Staple Fibers’s highest export potential is Italy. With an export gap of $125k.   Processed Synthetic Staple Fibers’s highest import potential is Portugal with an import gap of $196k.

See methodology.

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