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2022
Exports $4.39MWorld Rnk 25 / 64
Flag Rnk 1024 / 1214
2022
Destination $2.24M Argentina
2021 - 2022
FASTEST GROWING MARKET $2.24MArgentina
2022
PRODUCT COMPLEXITY IN Tar-0.014Rnk 551 / 1025
2022
Imports $201MWorld Rnk 1 / 106
Flag Rnk 356 / 1214
2022
Origin $40M Poland
2021 - 2022
FASTEST GROWING ORIGIN $40MPoland
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $4.39M in Tar, making it the 25th largest exporter of Tar in the world. At the same year, Tar was the 1024th most exported product in Spain. The main destination of Tar exports from Spain are: Argentina ($2.25M), Belgium ($781k), Thailand ($303k), Saudi Arabia ($235k), and Portugal ($234k).

The fastest growing export markets for Tar of Spain between 2021 and 2022 were Argentina ($2.24M), Belgium ($781k), and Portugal ($234k).

Imports In 2022, Spain imported $201M in Tar, becoming the 1st largest importer of Tar in the world. At the same year, Tar was the 356th most imported product in Spain. Spain imports Tar primarily from: Poland ($87.5M), France ($39.8M), Turkey ($32M), Italy ($27.7M), and Ukraine ($7.04M).

The fastest growing import markets in Tar for Spain between 2021 and 2022 were Poland ($40M), France ($16.5M), and Italy ($13.8M).

Latest Trends

September 2024

About

Overview In September 2024 Spain's Tar exports accounted up to €132k and imports accounted up to €12M, resulting in a negative trade balance of €11.9M. Between September 2023 and September 2024 the exports of Spain's   Tar have increased by €39.3k (42.5%) from €92.5k to €132k, while imports increased by €9.56M (386%) from €2.48M to €12M.

Destinations In September 2024, Tar were exported mostly to Saudi Arabia (€39.8k), Singapore (€21.6k), Brazil (€20.6k), Philippines (€18.7k), and Portugal (€15.4k), and were imported mostly from .

Growth In September 2024, the increase in Tar's year-by-year exports was explained primarily by an increase in exports to Portugal (€18.2k or 242%). In December 2021, the increase in Tar's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€39.3k(42.5%)
IMPORT GROWTH (October 2019 - December 2021)€9.56M(386%)
MAIN EXPORTER (September 2024)Vizcaya€219k
MAIN DESTINATION (September 2024)Saudi Arabia€39.8k

This section shows Tar'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 Tar over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.39M
IMPORTS (2022)$201M
NET TRADE (2022)-$196M

In 2022, Spain exported $4.39M in Tar. The main destinations of Spain exports on Tar were Argentina ($2.25M), Belgium ($781k), Thailand ($303k), Saudi Arabia ($235k), and Portugal ($234k).

In 2022, Spain imported $201M in Tar, mainly from Poland ($87.5M), France ($39.8M), Turkey ($32M), Italy ($27.7M), and Ukraine ($7.04M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tar EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Argentina$2.24M (80.5k%)
Belgium$781k (1%)
Portugal$234k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tar BY Spain WERE (2021 - 2022):
China-$564k (-100%)
Brazil-$366k (-100%)
Saudi Arabia-$334k (-58.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Tar were:
Poland $225M
Turkey $81.3M
United States $62.1M
In 2022, Spain's main importing competitors in Tar were:
Belgium $139M
Czechia $130M

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Trade Value of Tar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBelgium+ $178k
TOP IMPORT POTENTIALBelgium+ $592k

Tar’s highest export potential is Belgium. With an export gap of $178k.   Tar’s highest import potential is Belgium with an import gap of $592k.

See methodology.

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