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Pricing

2022
Exports $4.77BWorld Rnk 14 / 226
Flag Rnk 23 / 96
2022
Destination $72.7M France
2021 - 2022
FASTEST GROWING MARKET $72.7MFrance
2022
PRODUCT COMPLEXITY IN Rubber & articles thereof0.93Rnk 199 / 1025
2022
Imports $5.08BWorld Rnk 12 / 226
Flag Rnk 20 / 96
2022
Origin $32.1M Germany
2021 - 2022
FASTEST GROWING ORIGIN $32.1MThailand
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $4.77B in Rubber & articles thereof, making it the 14th largest exporter of Rubber & articles thereof in the world. At the same year, Rubber & articles thereof was the 23rd most exported product in Spain. The main destination of Rubber & articles thereof exports from Spain are: France ($887M), Germany ($622M), Portugal ($418M), Italy ($336M), and United States ($318M).

The fastest growing export markets for Rubber & articles thereof of Spain between 2021 and 2022 were France ($72.7M), United States ($36.5M), and Australia ($35.4M).

Imports In 2022, Spain imported $5.08B in Rubber & articles thereof, becoming the 12th largest importer of Rubber & articles thereof in the world. At the same year, Rubber & articles thereof was the 20th most imported product in Spain. Spain imports Rubber & articles thereof primarily from: Germany ($664M), France ($580M), China ($450M), Italy ($359M), and Thailand ($279M).

The fastest growing import markets in Rubber & articles thereof for Spain between 2021 and 2022 were Thailand ($32.1M), Poland ($26M), and France ($20.5M).

COMPANIES In 2023, leading companies such as John Deere (98), Yokohama Industries (69), and Pirelli Tires (41) were at the forefront of shipping Rubber & articles thereof from Spain to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Spain's Rubber & articles thereof exports accounted up to €420M and imports accounted up to €385M, resulting in a positive trade balance of €35.1M. Between June 2023 and June 2024 the exports of Spain's   Rubber & articles thereof have decreased by €-39.8M (-8.65%) from €460M to €420M, while imports decreased by €-28.6M (-6.93%) from €413M to €385M.

Destinations In June 2024, Rubber & articles thereof were exported mostly to France (€77.4M), Germany (€59.3M), Portugal (€37.6M), United States (€31.3M), and United Kingdom (€25.1M), and were imported mostly from Germany (€51.3M), China (€45.8M), France (€35.4M), Italy (€32.3M), and Czechia (€17.3M).

Growth In June 2024, the decrease in Rubber & articles thereof's year-by-year exports was explained primarily by a decrease in exports to France (€-12M or -12.4%), Russia (€-10.1M or -99.7%), and Egypt (€-1.16M or -70.8%). In June 2024, the decrease in Rubber & articles thereof's year-by-year imports was explained primarily by a decrease in imports from Thailand (€-17.8M or -54.7%), China (€-16.7M or -33.1%), and Malaysia (€-6.93M or -58.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-39.8M(-8.65%)
IMPORT GROWTH (June 2023 - June 2024)€-28.6M(-6.93%)
MAIN EXPORTER (June 2024)Valladolid€114M
MAIN DESTINATION (June 2024)France€77.4M

This section shows Rubber & articles thereof'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 Rubber & articles thereof over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.77B
IMPORTS (2022)$5.08B
NET TRADE (2022)-$313M

In 2022, Spain exported $4.77B in Rubber & articles thereof. The main destinations of Spain exports on Rubber & articles thereof were France ($887M), Germany ($622M), Portugal ($418M), Italy ($336M), and United States ($318M).

In 2022, Spain imported $5.08B in Rubber & articles thereof, mainly from Germany ($664M), France ($580M), China ($450M), Italy ($359M), and Thailand ($279M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber & articles thereof EXPORT MARKETS FOR Spain WERE (2021 - 2022):
France$72.7M (8.92%)
United States$36.5M (13%)
Australia$35.4M (110%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber & articles thereof BY Spain WERE (2021 - 2022):
Russia-$87.4M (-79%)
Germany-$52.5M (-7.78%)
Portugal-$12M (-2.78%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Rubber & articles thereof were:
China $33.5B
Thailand $20.1B
Germany $17.1B
In 2022, Spain's main importing competitors in Rubber & articles thereof were:
United States $36.1B
China $17.3B
Germany $16.5B

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Trade Value of Rubber & articles thereof by Exporters

Potential Exports

Potential Exports

Flow
View
N/AN/AN/A
TOP IMPORT POTENTIALChina+ $186M

Rubber & articles thereof’s highest export potential is N/A. With an export gap of N/A.   Rubber & articles thereof’s highest import potential is China with an import gap of $186M.

See methodology.

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