2022
Exports
$32.1MWorld Rnk 15 / 165
Flag Rnk 737 / 1214
2022
PRODUCT COMPLEXITY IN Tensile Testing Machines
1.41Rnk 69 / 1025
2022
Imports
$29.6MWorld Rnk 22 / 206
Flag Rnk 786 / 1214
2022
ECONOMIC COMPLEXITY of Spain
0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $32.1M in Tensile Testing Machines, making it the 15th largest exporter of Tensile Testing Machines in the world. At the same year, Tensile Testing Machines was the 737th most exported product in Spain. The main destination of Tensile Testing Machines exports from Spain are: Mexico ($12M), Portugal ($2.11M), Angola ($2.01M), United States ($1.84M), and United Kingdom ($1.45M).

The fastest growing export markets for Tensile Testing Machines of Spain between 2021 and 2022 were Mexico ($10.6M), Angola ($1.94M), and United States ($1.02M).

Imports In 2022, Spain imported $29.6M in Tensile Testing Machines, becoming the 22nd largest importer of Tensile Testing Machines in the world. At the same year, Tensile Testing Machines was the 786th most imported product in Spain. Spain imports Tensile Testing Machines primarily from: Germany ($6.3M), Italy ($6.18M), United States ($6.14M), United Kingdom ($3.03M), and China ($1.27M).

The fastest growing import markets in Tensile Testing Machines for Spain between 2021 and 2022 were Italy ($1.68M), United States ($1.52M), and Netherlands ($510k).

COMPANIES In 2023, leading companies such as BSH Home Appliances (27) were at the forefront of shipping Tensile Testing Machines from Spain to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-587k(-40.8%)
IMPORT GROWTH (August 2023 - August 2024)€967k(53.4%)
MAIN EXPORTER (August 2024)Álava€1.99M
MAIN DESTINATION (August 2024)Mexico€357k

This section shows Tensile Testing Machines'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 Tensile Testing Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$32.1M
IMPORTS (2022)$29.6M
NET TRADE (2022)$2.48M

In 2022, Spain exported $32.1M in Tensile Testing Machines. The main destinations of Spain exports on Tensile Testing Machines were Mexico ($12M), Portugal ($2.11M), Angola ($2.01M), United States ($1.84M), and United Kingdom ($1.45M).

In 2022, Spain imported $29.6M in Tensile Testing Machines, mainly from Germany ($6.3M), Italy ($6.18M), United States ($6.14M), United Kingdom ($3.03M), and China ($1.27M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tensile Testing Machines EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Mexico$10.6M (784%)
Angola$1.94M (3.02k%)
United States$1.02M (126%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tensile Testing Machines BY Spain WERE (2021 - 2022):
Morocco-$1M (-59.4%)
Thailand-$894k (-94.8%)
Ecuador-$875k (-59.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Tensile Testing Machines were:
In 2022, Spain's main importing competitors in Tensile Testing Machines were:

Explore Visualizations

Trade Value of Tensile Testing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.56M
TOP IMPORT POTENTIALGermany+ $1.15M

Tensile Testing Machines’s highest export potential is China. With an export gap of $1.56M.   Tensile Testing Machines’s highest import potential is Germany with an import gap of $1.15M.

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