2022
Exports
$50.6MWorld Rnk 9 / 119
Flag Rnk 644 / 1214
2022
PRODUCT COMPLEXITY IN Textile Fiber Machinery
1.53Rnk 47 / 1025
2022
Imports
$20.9MWorld Rnk 21 / 178
Flag Rnk 845 / 1214
2022
ECONOMIC COMPLEXITY of Spain
0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $50.6M in Textile Fiber Machinery, making it the 9th largest exporter of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 644th most exported product in Spain. The main destination of Textile Fiber Machinery exports from Spain are: Bangladesh ($5.22M), Uzbekistan ($4.04M), Turkey ($3.83M), France ($3.7M), and United States ($2.71M).

The fastest growing export markets for Textile Fiber Machinery of Spain between 2021 and 2022 were Bangladesh ($3.97M), Turkey ($2.23M), and Poland ($1.98M).

Imports In 2022, Spain imported $20.9M in Textile Fiber Machinery, becoming the 21st largest importer of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 845th most imported product in Spain. Spain imports Textile Fiber Machinery primarily from: Germany ($5.39M), Italy ($5.13M), France ($2.55M), China ($1.53M), and India ($1.22M).

The fastest growing import markets in Textile Fiber Machinery for Spain between 2021 and 2022 were France ($1.75M), Italy ($947k), and Germany ($699k).

COMPANIES In 2023, leading companies such as Euromarket Designs (11) and H&M Clothing (1) were at the forefront of shipping Textile Fiber Machinery from Spain to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-2.59M(-63.8%)
IMPORT GROWTH (June 2023 - June 2024)€-71.4k(-11.1%)
MAIN EXPORTER (June 2024)Barcelona€3.27M
MAIN DESTINATION (June 2024)Brazil€405k

This section shows Textile Fiber Machinery'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 Textile Fiber Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$50.6M
IMPORTS (2022)$20.9M
NET TRADE (2022)$29.7M

In 2022, Spain exported $50.6M in Textile Fiber Machinery. The main destinations of Spain exports on Textile Fiber Machinery were Bangladesh ($5.22M), Uzbekistan ($4.04M), Turkey ($3.83M), France ($3.7M), and United States ($2.71M).

In 2022, Spain imported $20.9M in Textile Fiber Machinery, mainly from Germany ($5.39M), Italy ($5.13M), France ($2.55M), China ($1.53M), and India ($1.22M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textile Fiber Machinery EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Bangladesh$3.97M (319%)
Turkey$2.23M (138%)
Poland$1.98M (1.05k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Fiber Machinery BY Spain WERE (2021 - 2022):
Mexico-$1.95M (-49.4%)
Bulgaria-$1.32M (-97.3%)
Chile-$1.09M (-64.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Textile Fiber Machinery were:
China $1.08B
Japan $807M
In 2022, Spain's main importing competitors in Textile Fiber Machinery were:
China $687M
India $547M

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Trade Value of Textile Fiber Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $1.86M
TOP IMPORT POTENTIALChina+ $1.55M

Textile Fiber Machinery’s highest export potential is Turkey. With an export gap of $1.86M.   Textile Fiber Machinery’s highest import potential is China with an import gap of $1.55M.

See methodology.

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