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2023
Exports $201MWorld Rnk 19 / 182
Flag Rnk 345 / 1215
2023
Destination $13M United States
2022 - 2023
FASTEST GROWING MARKET $13MUnited States
2023
PRODUCT COMPLEXITY IN Rubberworking Machinery1.68Rnk 24 / 1025
2023
Imports $468MWorld Rnk 18 / 216
Flag Rnk 187 / 1214
2023
Origin $19.5M Germany
2022 - 2023
FASTEST GROWING ORIGIN $19.5MFrance
2023
ECONOMIC COMPLEXITY of Spain0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $201M in Rubberworking Machinery, making it the 19th largest exporter of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 345th most exported product in Spain. The main destination of Rubberworking Machinery exports from Spain are: United States ($26.4M), France ($19.2M), Italy ($15.5M), Mexico ($14.8M), and Portugal ($13.9M).

The fastest growing export markets for Rubberworking Machinery of Spain between 2022 and 2023 were United States ($13M), Mexico ($5.34M), and India ($4.43M).

Imports In 2018, Spain imported $468M in Rubberworking Machinery, becoming the 18th largest importer of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 187th most imported product in Spain. Spain imports Rubberworking Machinery primarily from: Germany ($106M), Italy ($88M), France ($47.1M), Austria ($43.4M), and China ($39.9M).

The fastest growing import markets in Rubberworking Machinery for Spain between 2022 and 2023 were France ($19.5M), Slovakia ($7.62M), and Switzerland ($6.08M).

COMPANIES In 2023, leading companies such as John Deere (13) were at the forefront of shipping Rubberworking Machinery from Spain to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Spain's Rubberworking Machinery exports accounted up to €17.4M and imports accounted up to €42.8M, resulting in a negative trade balance of €25.3M. Between November 2023 and November 2024 the exports of Spain's   Rubberworking Machinery have increased by €7.3M (71.9%) from €10.1M to €17.4M, while imports increased by €8.3M (24.1%) from €34.5M to €42.8M.

Destinations In November 2024, Rubberworking Machinery were exported mostly to India (€2.63M), Portugal (€2.31M), Mexico (€1.62M), France (€1.57M), and Poland (€1.35M), and were imported mostly from Germany (€11.8M), Italy (€10.2M), Austria (€5.29M), China (€4.44M), and France (€3.28M).

Growth In November 2024, the increase in Rubberworking Machinery's year-by-year exports was explained primarily by an increase in exports to Mexico (€1.02M or 385%), Switzerland (€837k or 7.12k%), and Morocco (€513k or 114%). In November 2024, the increase in Rubberworking Machinery's year-by-year imports was explained primarily by an increase in imports from Netherlands (€5.5M or 1.8k%), Germany (€3.02M or 55.9%), and France (€1.22M or 74%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€7.3M(71.9%)
IMPORT GROWTH (November 2023 - November 2024)€8.3M(24.1%)
MAIN EXPORTER (November 2024)Barcelona€8.1M
MAIN DESTINATION (November 2024)India€2.63M

This section shows Rubberworking Machinery'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 Rubberworking Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$201M
IMPORTS (2023)$468M
NET TRADE (2023)-$266M

In 2023, Spain exported $201M in Rubberworking Machinery. The main destinations of Spain exports on Rubberworking Machinery were United States ($26.4M), France ($19.2M), Italy ($15.5M), Mexico ($14.8M), and Portugal ($13.9M).

In 2023, Spain imported $468M in Rubberworking Machinery, mainly from Germany ($106M), Italy ($88M), France ($47.1M), Austria ($43.4M), and China ($39.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rubberworking Machinery EXPORT MARKETS FOR Spain WERE (2022 - 2023):
United States$13M (96.8%)
Mexico$5.34M (56.6%)
India$4.43M (192%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubberworking Machinery BY Spain WERE (2022 - 2023):
United Kingdom-$3.44M (-55.4%)
China-$2.47M (-55.3%)
Guatemala-$2.14M (-80%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Rubberworking Machinery were:
China $6.97B
Germany $6.13B
Japan $2.61B
In 2023, Spain's main importing competitors in Rubberworking Machinery were:
United States $3.68B
China $3.11B
Mexico $1.64B

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Trade Value of Rubberworking Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.31M
TOP IMPORT POTENTIALChina+ $25.8M

Rubberworking Machinery’s highest export potential is United States. With an export gap of $9.31M.   Rubberworking Machinery’s highest import potential is China with an import gap of $25.8M.

See methodology.

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