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2022
Exports $339MWorld Rnk 13 / 167
Flag Rnk 248 / 1214
2022
Destination $74M Gibraltar
2021 - 2022
FASTEST GROWING MARKET $74MGibraltar
2022
PRODUCT COMPLEXITY IN Recreational Boats0.3Rnk 445 / 1025
2022
Imports $461MWorld Rnk 9 / 217
Flag Rnk 192 / 1214
2022
Origin $19M Italy
2021 - 2022
FASTEST GROWING ORIGIN $19MItaly
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $339M in Recreational Boats, making it the 13th largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 248th most exported product in Spain. The main destination of Recreational Boats exports from Spain are: Gibraltar ($90.4M), Antigua and Barbuda ($61.6M), United States ($25.8M), France ($24.9M), and United Kingdom ($15M).

The fastest growing export markets for Recreational Boats of Spain between 2021 and 2022 were Gibraltar ($74M), Antigua and Barbuda ($61.6M), and United States ($17M).

Imports In 2022, Spain imported $461M in Recreational Boats, becoming the 9th largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 192nd most imported product in Spain. Spain imports Recreational Boats primarily from: Italy ($104M), France ($76.9M), United Kingdom ($62.3M), United States ($35.9M), and China ($25M).

The fastest growing import markets in Recreational Boats for Spain between 2021 and 2022 were Italy ($19M), South Africa ($14.8M), and United States ($14.4M).

COMPANIES In 2023, leading companies such as John Deere (26) were at the forefront of shipping Recreational Boats from Spain to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Spain's Recreational Boats exports accounted up to €19M and imports accounted up to €26.3M, resulting in a negative trade balance of €7.32M. Between August 2023 and August 2024 the exports of Spain's   Recreational Boats have increased by €5.53M (41.2%) from €13.4M to €19M, while imports increased by €1.91M (7.85%) from €24.4M to €26.3M.

Destinations In August 2024, Recreational Boats were exported mostly to Gibraltar (€6.26M), Morocco (€3.11M), United States (€2.73M), France (€1.57M), and Turkey (€1.48M), and were imported mostly from Croatia (€9.97M), United States (€3.01M), Italy (€2.76M), Finland (€2.01M), and France (€1.97M).

Growth In August 2024, the increase in Recreational Boats's year-by-year exports was explained primarily by an increase in exports to Canada (€243k or 759%), Mauritania (€120k or 825%), and Denmark (€118k or 70.2%). In August 2024, the increase in Recreational Boats's year-by-year imports was explained primarily by an increase in imports from Italy (€5.01M or 404%), Germany (€1.02M or 153%), and Poland (€546k or 64.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€5.53M(41.2%)
IMPORT GROWTH (August 2023 - August 2024)€1.91M(7.85%)
MAIN EXPORTER (August 2024)Baleares€31.2M
MAIN DESTINATION (August 2024)Gibraltar€6.26M

This section shows Recreational Boats'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 Recreational Boats over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$339M
IMPORTS (2022)$461M
NET TRADE (2022)-$123M

In 2022, Spain exported $339M in Recreational Boats. The main destinations of Spain exports on Recreational Boats were Gibraltar ($90.4M), Antigua and Barbuda ($61.6M), United States ($25.8M), France ($24.9M), and United Kingdom ($15M).

In 2022, Spain imported $461M in Recreational Boats, mainly from Italy ($104M), France ($76.9M), United Kingdom ($62.3M), United States ($35.9M), and China ($25M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Recreational Boats EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Gibraltar$74M (453%)
Antigua and Barbuda$61.6M (1%)
United States$17M (193%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Recreational Boats BY Spain WERE (2021 - 2022):
Angola-$19M (-95.8%)
Marshall Islands-$11.9M (-90.4%)
France-$11M (-30.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Recreational Boats were:
Italy $3.5B
United States $1.89B
France $1.35B
In 2022, Spain's main importing competitors in Recreational Boats were:
United States $3.03B
Malta $1.37B
Canada $1.13B

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Trade Value of Recreational Boats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $11.3M
TOP IMPORT POTENTIALFrance+ $20.7M

Recreational Boats’s highest export potential is France. With an export gap of $11.3M.   Recreational Boats’s highest import potential is France with an import gap of $20.7M.

See methodology.

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