Rubberworking Machinery in Spain | The Observatory of Economic Complexity

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 COMMERCIAL PRODUCTS (13) were at the forefront of shipping Rubberworking Machinery from Spain to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Spain's Rubberworking Machinery exports accounted up to €14.4M and imports accounted up to €26.8M, resulting in a negative trade balance of €12.4M. Between February 2023 and February 2024 the exports of Spain's Rubberworking Machinery have increased by €4.23M (41.7%) from €10.2M to €14.4M, while imports decreased by €-4.82M (-15.3%) from €31.6M to €26.8M.

Destinations In February 2024, Rubberworking Machinery were exported mostly to India (€3.81M), Portugal (€1.55M), Morocco (€1.25M), Italy (€1.15M), and Germany (€671k), and were imported mostly from Italy (€5.99M), United States (€4.37M), Germany (€3.49M), Japan (€2.17M), and Austria (€1.67M).

Growth In February 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 February 2024, the decrease in Rubberworking Machinery's year-by-year imports was explained primarily by a decrease in imports from Austria (€-3.59M or -61.3%), Japan (€-1.46M or -97.4%), and United States (€-1.04M or -66.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€4.23M(41.7%)

IMPORT GROWTH (February 2023 - February 2024)€-4.82M(-15.3%)

MAIN EXPORTER (February 2024)Barcelona€4.96M

MAIN DESTINATION (February 2024)India€3.81M

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

Trade Value

Growth

Growth (%)

Year

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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