Scrap Plastic in Spain | The Observatory of Economic Complexity

About

Exports In 2022, Spain exported $89.8M in Scrap Plastic, making it the 13th largest exporter of Scrap Plastic in the world. At the same year, Scrap Plastic was the 510th most exported product in Spain. The main destination of Scrap Plastic exports from Spain are: Portugal ($18.4M), Turkey ($16.4M), Malaysia ($12.4M), Germany ($9.03M), and France ($8.72M).

The fastest growing export markets for Scrap Plastic of Spain between 2021 and 2022 were Malaysia ($10.6M), Turkey ($6.04M), and France ($3.69M).

Imports In 2022, Spain imported $178M in Scrap Plastic, becoming the 7th largest importer of Scrap Plastic in the world. At the same year, Scrap Plastic was the 395th most imported product in Spain. Spain imports Scrap Plastic primarily from: France ($45M), Italy ($32.4M), Portugal ($17.8M), United Kingdom ($16.5M), and Nigeria ($9.41M).

The fastest growing import markets in Scrap Plastic for Spain between 2021 and 2022 were Italy ($23.1M), France ($11.2M), and Nigeria ($9.28M).

Latest Trends

February 2024

About

Overview In February 2024 Spain's Scrap Plastic exports accounted up to €8.14M and imports accounted up to €7.51M, resulting in a positive trade balance of €627k. Between February 2023 and February 2024 the exports of Spain's Scrap Plastic have increased by €1.8M (28.5%) from €6.33M to €8.14M, while imports increased by €934k (14.2%) from €6.57M to €7.51M.

Destinations In February 2024, Scrap Plastic were exported mostly to Malaysia (€2.53M), France (€1.1M), Egypt (€1.05M), Turkey (€880k), and Vietnam (€617k), and were imported mostly from France (€1.79M), United Kingdom (€1.13M), United States (€926k), Portugal (€761k), and Italy (€513k).

Growth In February 2024, the increase in Scrap Plastic's year-by-year exports was explained primarily by an increase in exports to Malaysia (€1.16M or 163%), Netherlands (€214k or 830%), and Italy (€167k or 66.5%). In February 2024, the increase in Scrap Plastic's year-by-year imports was explained primarily by an increase in imports from Italy (€1.73M or 160%), Belgium (€175k or 128%), and Portugal (€171k or 21.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€1.8M(28.5%)

IMPORT GROWTH (February 2023 - February 2024)€934k(14.2%)

MAIN EXPORTER (February 2024)Barcelona€2.96M

MAIN DESTINATION (February 2024)Malaysia€2.53M

This section shows Scrap Plastic'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 Scrap Plastic over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$89.8M

IMPORTS (2022)$178M

NET TRADE (2022)-$88.2M

In 2022, Spain exported $89.8M in Scrap Plastic. The main destinations of Spain exports on Scrap Plastic were Portugal ($18.4M), Turkey ($16.4M), Malaysia ($12.4M), Germany ($9.03M), and France ($8.72M).

In 2022, Spain imported $178M in Scrap Plastic, mainly from France ($45M), Italy ($32.4M), Portugal ($17.8M), United Kingdom ($16.5M), and Nigeria ($9.41M).

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