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2023
Exports $172MWorld Rnk 4 / 59
Flag Rnk 370 / 1215
2023
Destination $72.3M Germany
2022 - 2023
FASTEST GROWING MARKET $72.3MGermany
2023
PRODUCT COMPLEXITY IN Railway Passenger Cars0.3Rnk 456 / 1025
2023
Imports $39.1MWorld Rnk 11 / 100
Flag Rnk 715 / 1214
2023
Origin $8.94M Germany
2022 - 2023
FASTEST GROWING ORIGIN $8.94MHungary
2023
ECONOMIC COMPLEXITY of Spain0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $172M in Railway Passenger Cars, making it the 4th largest exporter of Railway Passenger Cars in the world. At the same year, Railway Passenger Cars was the 370th most exported product in Spain. The main destination of Railway Passenger Cars exports from Spain are: Germany ($73M), Dominican Republic ($44M), Egypt ($30.5M), Burma ($10.2M), and United Kingdom ($9.13M).

The fastest growing export markets for Railway Passenger Cars of Spain between 2022 and 2023 were Germany ($72.3M), Dominican Republic ($44M), and Burma ($10.2M).

Imports In 2023, Spain imported $39.1M in Railway Passenger Cars, becoming the 11th largest importer of Railway Passenger Cars in the world. At the same year, Railway Passenger Cars was the 715th most imported product in Spain. Spain imports Railway Passenger Cars primarily from: Germany ($13.5M), Hungary ($9.89M), France ($7.03M), Belgium ($5.81M), and Netherlands ($736k).

The fastest growing import markets in Railway Passenger Cars for Spain between 2022 and 2023 were Hungary ($8.94M), Germany ($6.49M), and Belgium ($3M).

Latest Trends

November 2024

About

Overview In November 2024 Spain's Railway Passenger Cars exports accounted up to €31.2M and imports accounted up to €3.3M, resulting in a positive trade balance of €27.9M. Between November 2023 and November 2024 the exports of Spain's   Railway Passenger Cars have increased by €30.3M (3.39k%) from €894k to €31.2M, while imports increased by €1.38M (72.2%) from €1.91M to €3.3M.

Destinations In November 2024, Railway Passenger Cars were exported mostly to Burma (€31.1M), Germany (€127k), France (€13.8k), and Equatorial Guinea (€800), and were imported mostly from France (€1.98M), Belgium (€481k), Germany (€476k), Italy (€139k), and Finland (€111k).

Growth In November 2024, the increase in Railway Passenger Cars's year-by-year exports was explained primarily by an increase in exports to Portugal (€1.64M or 6.98k%) and France (€127k or 95.3%). In November 2024, the increase in Railway Passenger Cars's year-by-year imports was explained primarily by an increase in imports from Germany (€797k or 295%) and Netherlands (€38.4k or 322%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€30.3M(3.39k%)
IMPORT GROWTH (November 2023 - November 2024)€1.38M(72.2%)
MAIN EXPORTER (November 2024)Guipúzcoa€43.3M
MAIN DESTINATION (November 2024)Burma€31.1M

This section shows Railway Passenger Cars'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 Railway Passenger Cars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$172M
IMPORTS (2023)$39.1M
NET TRADE (2023)$133M

In 2023, Spain exported $172M in Railway Passenger Cars. The main destinations of Spain exports on Railway Passenger Cars were Germany ($73M), Dominican Republic ($44M), Egypt ($30.5M), Burma ($10.2M), and United Kingdom ($9.13M).

In 2023, Spain imported $39.1M in Railway Passenger Cars, mainly from Germany ($13.5M), Hungary ($9.89M), France ($7.03M), Belgium ($5.81M), and Netherlands ($736k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Railway Passenger Cars EXPORT MARKETS FOR Spain WERE (2022 - 2023):
Germany$72.3M (9.1k%)
Dominican Republic$44M (1%)
Burma$10.2M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway Passenger Cars BY Spain WERE (2022 - 2023):
Egypt-$28.5M (-48.3%)
Belgium-$752k (-100%)
Bulgaria-$393k (-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 Railway Passenger Cars were:
Japan $261M
Hungary $206M
China $175M
In 2023, Spain's main importing competitors in Railway Passenger Cars were:
Chinese Taipei $260M
United States $242M
Canada $167M

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Trade Value of Railway Passenger Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $744k
TOP IMPORT POTENTIALHungary+ $400k

Railway Passenger Cars’s highest export potential is France. With an export gap of $744k.   Railway Passenger Cars’s highest import potential is Hungary with an import gap of $400k.

See methodology.

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