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2022
Exports $148MWorld Rnk 4 / 167
Flag Rnk 486 / 4566
2022
Destination $2.37M France
2021 - 2022
FASTEST GROWING MARKET $2.37MGhana
2022
Imports $31.8MWorld Rnk 20 / 223
Flag Rnk 1601 / 4549
2022
Origin $1.49M Portugal
2021 - 2022
FASTEST GROWING ORIGIN $1.49MSwitzerland
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $148M in Soups and broths and preparations thereof, making it the 4th largest exporter of Soups and broths and preparations thereof in the world. At the same year, Soups and broths and preparations thereof was the 486th most exported product in Spain. The main destination of Soups and broths and preparations thereof exports from Spain are: France ($18M), Democratic Republic of the Congo ($12.8M), United Kingdom ($11.9M), Somalia ($9.18M), and Mali ($9.01M).

The fastest growing export markets for Soups and broths and preparations thereof of Spain between 2021 and 2022 were Ghana ($2.37M), Mali ($1.77M), and Germany ($1.71M).

Imports In 2022, Spain imported $31.8M in Soups and broths and preparations thereof, becoming the 20th largest importer of Soups and broths and preparations thereof in the world. At the same year, Soups and broths and preparations thereof was the 1601st most imported product in Spain. Spain imports Soups and broths and preparations thereof primarily from: Portugal ($7.14M), Italy ($5.61M), Belgium ($4.71M), Germany ($2.82M), and Switzerland ($1.86M).

The fastest growing import markets in Soups and broths and preparations thereof for Spain between 2021 and 2022 were Switzerland ($1.49M), Belgium ($1.1M), and Ireland ($171k).

COMPANIES In 2023, leading companies such as Cosentino (4.19k), Soho Studio (2.13k), and John Deere (2.12k) were at the forefront of shipping Soups and broths and preparations thereof from Spain to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Spain's Soups and broths and preparations thereof exports accounted up to €13.8M and imports accounted up to €3M, resulting in a positive trade balance of €10.8M. Between June 2023 and June 2024 the exports of Spain's   Soups and broths and preparations thereof have decreased by €-386k (-2.72%) from €14.2M to €13.8M, while imports increased by €240k (8.7%) from €2.76M to €3M.

Destinations In June 2024, Soups and broths and preparations thereof were exported mostly to Burkina Faso (€2.03M), Guinea (€1.75M), France (€1.61M), United Kingdom (€1.34M), and Somalia (€657k), and were imported mostly from Italy (€1.27M), Netherlands (€389k), Belgium (€381k), Portugal (€333k), and Germany (€167k).

Growth In June 2024, the decrease in Soups and broths and preparations thereof's year-by-year exports was explained primarily by a decrease in exports to Mauritania (€-339k or -99.3%), Germany (€-191k or -88.1%), and Poland (€-136k or -95.3%). In June 2024, the increase in Soups and broths and preparations thereof's year-by-year imports was explained primarily by an increase in imports from Italy (€324k or 27.2%), France (€209k or 186%), and Austria (€65.9k or 1.67k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-386k(-2.72%)
IMPORT GROWTH (June 2023 - June 2024)€240k(8.7%)
MAIN DESTINATION (June 2024)Burkina Faso€2.03M

This section shows Soups and broths and preparations 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 Soups and broths and preparations thereof over time.

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Unit Prices

Flow
Value

The following visualization shows the unit prices for Soups and broths and preparations thereof throughout time. Products without a clear unit are excluded.

Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$148M
IMPORTS (2022)$31.8M
NET TRADE (2022)$116M

In 2022, Spain exported $148M in Soups and broths and preparations thereof. The main destinations of Spain exports on Soups and broths and preparations thereof were France ($18M), Democratic Republic of the Congo ($12.8M), United Kingdom ($11.9M), Somalia ($9.18M), and Mali ($9.01M).

In 2022, Spain imported $31.8M in Soups and broths and preparations thereof, mainly from Portugal ($7.14M), Italy ($5.61M), Belgium ($4.71M), Germany ($2.82M), and Switzerland ($1.86M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soups and broths and preparations thereof EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Ghana$2.37M (36.8%)
Mali$1.77M (24.4%)
Germany$1.71M (116%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soups and broths and preparations thereof BY Spain WERE (2021 - 2022):
Cote d'Ivoire-$2.78M (-67%)
Burkina Faso-$2.02M (-20%)
France-$1.33M (-6.87%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Soups and broths and preparations thereof were:
United States $680M
Canada $178M
Senegal $164M
In 2022, Spain's main importing competitors in Soups and broths and preparations thereof were:
United States $347M
Mexico $342M
Canada $286M

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Trade Value of Soups and broths and preparations thereof by Exporters

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