Stainless Steel Wire in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $55.6M in Stainless Steel Wire, making it the 15th largest exporter of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 619th most exported product in Spain. The main destination of Stainless Steel Wire exports from Spain are: Germany ($17.5M), Italy ($11.9M), France ($7.64M), Portugal ($4.1M), and Netherlands ($3.49M).

The fastest growing export markets for Stainless Steel Wire of Spain between 2021 and 2022 were Germany ($2.96M), Italy ($2.07M), and Switzerland ($1.66M).

Imports In 2022, Spain imported $51.7M in Stainless Steel Wire, becoming the 20th largest importer of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 670th most imported product in Spain. Spain imports Stainless Steel Wire primarily from: India ($9.23M), Germany ($8.26M), South Korea ($7.85M), Netherlands ($5.89M), and Czechia ($4.34M).

The fastest growing import markets in Stainless Steel Wire for Spain between 2021 and 2022 were Germany ($2.3M), India ($1.87M), and Italy ($633k).

Latest Trends

February 2024

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Overview In February 2024 Spain's Stainless Steel Wire exports accounted up to €2.53M and imports accounted up to €3.07M, resulting in a negative trade balance of €536k. Between February 2023 and February 2024 the exports of Spain's Stainless Steel Wire have decreased by €-1.19M (-32%) from €3.72M to €2.53M, while imports decreased by €-304k (-9.02%) from €3.37M to €3.07M.

Destinations In February 2024, Stainless Steel Wire were exported mostly to Germany (€738k), Italy (€630k), France (€438k), Netherlands (€212k), and Portugal (€130k), and were imported mostly from Germany (€856k), India (€503k), South Korea (€399k), Italy (€288k), and Czechia (€222k).

Growth In February 2024, the decrease in Stainless Steel Wire's year-by-year exports was explained primarily by a decrease in exports to Italy (€-1.09M or -78.5%), Germany (€-398k or -34%), and Portugal (€-190k or -53.3%). In February 2024, the decrease in Stainless Steel Wire's year-by-year imports was explained primarily by a decrease in imports from South Korea (€-809k or -93.7%), India (€-330k or -27%), and Italy (€-104k or -45.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€-1.19M(-32%)

IMPORT GROWTH (February 2023 - February 2024)€-304k(-9.02%)

MAIN EXPORTER (February 2024)Madrid€1.82M

MAIN DESTINATION (February 2024)Germany€738k

This section shows Stainless Steel Wire'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 Stainless Steel Wire over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$55.6M

IMPORTS (2022)$51.7M

NET TRADE (2022)$3.95M

In 2022, Spain exported $55.6M in Stainless Steel Wire. The main destinations of Spain exports on Stainless Steel Wire were Germany ($17.5M), Italy ($11.9M), France ($7.64M), Portugal ($4.1M), and Netherlands ($3.49M).

In 2022, Spain imported $51.7M in Stainless Steel Wire, mainly from India ($9.23M), Germany ($8.26M), South Korea ($7.85M), Netherlands ($5.89M), and Czechia ($4.34M).

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