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2022
Exports $169MWorld Rnk 21 / 187
Flag Rnk 372 / 1214
2022
Destination $3.32M Italy
2021 - 2022
FASTEST GROWING MARKET $3.32MItaly
2022
PRODUCT COMPLEXITY IN Rubberworking Machinery1.71Rnk 22 / 1025
2022
Imports $455MWorld Rnk 20 / 213
Flag Rnk 195 / 1214
2022
Origin $9.72M Germany
2021 - 2022
FASTEST GROWING ORIGIN $9.72MItaly
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $169M in Rubberworking Machinery, making it the 21st largest exporter of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 372nd most exported product in Spain. The main destination of Rubberworking Machinery exports from Spain are: Italy ($17.3M), France ($16M), Portugal ($13M), Germany ($12.9M), and Morocco ($9.74M).

The fastest growing export markets for Rubberworking Machinery of Spain between 2021 and 2022 were Italy ($3.32M), Portugal ($3.28M), and France ($2.64M).

Imports In 2022, Spain imported $455M in Rubberworking Machinery, becoming the 20th largest importer of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 195th most imported product in Spain. Spain imports Rubberworking Machinery primarily from: Germany ($115M), Italy ($99.2M), Austria ($50.5M), China ($38.9M), and France ($34.3M).

The fastest growing import markets in Rubberworking Machinery for Spain between 2021 and 2022 were Italy ($9.72M), Portugal ($7.81M), and Netherlands ($5.35M).

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

September 2024

About

Overview In September 2024 Spain's Rubberworking Machinery exports accounted up to €7.91M and imports accounted up to €28.3M, resulting in a negative trade balance of €20.4M. Between September 2023 and September 2024 the exports of Spain's   Rubberworking Machinery have decreased by €-2.37M (-23.1%) from €10.3M to €7.91M, while imports increased by €5.76M (25.6%) from €22.5M to €28.3M.

Destinations In September 2024, Rubberworking Machinery were exported mostly to Portugal (€1.15M), Morocco (€1.01M), France (€557k), Germany (€542k), and Austria (€501k), and were imported mostly from Germany (€9.75M), Italy (€7.07M), China (€2M), India (€1.17M), and Austria (€1.13M).

Growth In September 2024, the decrease in Rubberworking Machinery's year-by-year exports was explained primarily by a decrease in exports to Poland (€-785k or -46.9%), United States (€-503k or -79.7%), and Cote d'Ivoire (€-315k or -97.4%). In September 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 (September 2023 - September 2024)€-2.37M(-23.1%)
IMPORT GROWTH (September 2023 - September 2024)€5.76M(25.6%)
MAIN EXPORTER (September 2024)Guipúzcoa€7.93M
MAIN DESTINATION (September 2024)Portugal€1.15M

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 (2022)$169M
IMPORTS (2022)$455M
NET TRADE (2022)-$286M

In 2022, Spain exported $169M in Rubberworking Machinery. The main destinations of Spain exports on Rubberworking Machinery were Italy ($17.3M), France ($16M), Portugal ($13M), Germany ($12.9M), and Morocco ($9.74M).

In 2022, Spain imported $455M in Rubberworking Machinery, mainly from Germany ($115M), Italy ($99.2M), Austria ($50.5M), China ($38.9M), and France ($34.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubberworking Machinery EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Italy$3.32M (23.8%)
Portugal$3.28M (33.9%)
France$2.64M (19.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubberworking Machinery BY Spain WERE (2021 - 2022):
Poland-$6.54M (-44.3%)
South Africa-$5M (-87.9%)
Egypt-$2.6M (-77.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Rubberworking Machinery were:
China $7.21B
Germany $5.5B
Japan $2.29B
In 2022, Spain's main importing competitors in Rubberworking Machinery were:
United States $4B
China $2.82B
Germany $1.66B

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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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