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2023
Exports $9.62MWorld Rnk 55 / 146
Flag Rnk 921 / 1215
2023
Destination $2.13M Portugal
2022 - 2023
FASTEST GROWING MARKET $2.13MPortugal
2023
PRODUCT COMPLEXITY IN Processed Tobacco-0.78Rnk 777 / 1025
2023
Imports $461MWorld Rnk 5 / 214
Flag Rnk 189 / 1214
2023
Origin $46M Germany
2022 - 2023
FASTEST GROWING ORIGIN $46MNetherlands
2023
ECONOMIC COMPLEXITY of Spain0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $9.62M in Processed Tobacco, making it the 55th largest exporter of Processed Tobacco in the world. At the same year, Processed Tobacco was the 921st most exported product in Spain. The main destination of Processed Tobacco exports from Spain are: Portugal ($4.27M), United States ($1.54M), Russia ($705k), Andorra ($420k), and United Arab Emirates ($289k).

The fastest growing export markets for Processed Tobacco of Spain between 2022 and 2023 were Portugal ($2.13M), United States ($647k), and Russia ($423k).

Imports In 2023, Spain imported $461M in Processed Tobacco, becoming the 5th largest importer of Processed Tobacco in the world. At the same year, Processed Tobacco was the 189th most imported product in Spain. Spain imports Processed Tobacco primarily from: Germany ($162M), Poland ($96.5M), Netherlands ($94.9M), Belgium ($42.5M), and China ($10.3M).

The fastest growing import markets in Processed Tobacco for Spain between 2022 and 2023 were Netherlands ($46M), Germany ($34.9M), and Poland ($17M).

COMPANIES In 2023, leading companies such as Busa Distribution Center (2) were at the forefront of shipping Processed Tobacco from Spain to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Spain's Processed Tobacco exports accounted up to €6.33M and imports accounted up to €31.2M, resulting in a negative trade balance of €24.9M. Between November 2023 and November 2024 the exports of Spain's   Processed Tobacco have increased by €855k (15.6%) from €5.47M to €6.33M, while imports decreased by €-322k (-1.02%) from €31.5M to €31.2M.

Destinations In November 2024, Processed Tobacco were exported mostly to Rest of the world (€5.97M), Hong Kong (€104k), United States (€80.9k), Portugal (€75.6k), and Canada (€58.1k), and were imported mostly from Germany (€12.7M), Poland (€7.19M), Belgium (€3.75M), Netherlands (€3.39M), and Greece (€1.51M).

Growth In November 2024, the increase in Processed Tobacco's year-by-year exports was explained primarily by an increase in exports to Rest of the world (€1.41M or 90.6%), United Kingdom (€3.3k or 5.58k%), and Serbia (€1.34k or 63.8%). In November 2024, the decrease in Processed Tobacco's year-by-year imports was explained primarily by a decrease in imports from Netherlands (€-898k or -34.1%), Turkey (€-625k or -85%), and Denmark (€-178k or -34.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€855k(15.6%)
IMPORT GROWTH (November 2023 - November 2024)€-322k(-1.02%)
MAIN EXPORTER (November 2024)Baleares€2.21M
MAIN DESTINATION (November 2024)Rest of the world€5.97M

This section shows Processed Tobacco'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 Tobacco over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$9.62M
IMPORTS (2023)$461M
NET TRADE (2023)-$452M

In 2023, Spain exported $9.62M in Processed Tobacco. The main destinations of Spain exports on Processed Tobacco were Portugal ($4.27M), United States ($1.54M), Russia ($705k), Andorra ($420k), and United Arab Emirates ($289k).

In 2023, Spain imported $461M in Processed Tobacco, mainly from Germany ($162M), Poland ($96.5M), Netherlands ($94.9M), Belgium ($42.5M), and China ($10.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Processed Tobacco EXPORT MARKETS FOR Spain WERE (2022 - 2023):
Portugal$2.13M (99.5%)
United States$647k (72.8%)
Russia$423k (150%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Tobacco BY Spain WERE (2022 - 2023):
Italy-$355k (-85.1%)
Canada-$353k (-61.4%)
Mauritania-$309k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Processed Tobacco were:
Italy $1.97B
Romania $1.35B
Germany $1.26B
In 2023, Spain's main importing competitors in Processed Tobacco were:
Japan $3.01B
Germany $893M
United Arab Emirates $503M

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Trade Value of Processed Tobacco by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $394k
TOP IMPORT POTENTIALItaly+ $3M

Processed Tobacco’s highest export potential is Germany. With an export gap of $394k.   Processed Tobacco’s highest import potential is Italy with an import gap of $3M.

See methodology.

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