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2022
Exports $2.46MWorld Rnk 37 / 130
Flag Rnk 1080 / 1214
falsefalse Dominican Republic
2022
PRODUCT COMPLEXITY IN Tobacco Processing Machines-0.19Rnk 613 / 1025
2022
Imports $10.7MWorld Rnk 28 / 175
Flag Rnk 970 / 1214
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $2.46M in Tobacco Processing Machines, making it the 37th largest exporter of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 1080th most exported product in Spain. The main destination of Tobacco Processing Machines exports from Spain are: Dominican Republic ($652k), Italy ($292k), Colombia ($195k), United States ($192k), and Romania ($169k).

Imports In 2022, Spain imported $10.7M in Tobacco Processing Machines, becoming the 28th largest importer of Tobacco Processing Machines in the world. At the same year, Tobacco Processing Machines was the 970th most imported product in Spain. Spain imports Tobacco Processing Machines primarily from: Netherlands ($3.54M), Germany ($3.28M), United Kingdom ($807k), Czechia ($802k), and China ($515k).

The fastest growing import markets in Tobacco Processing Machines for Spain between 2021 and 2022 were Czechia ($797k), United Kingdom ($222k), and Netherlands ($187k).

Latest Trends

June 2024

About

Overview In June 2024 Spain's Tobacco Processing Machines exports accounted up to €73.8k and imports accounted up to €756k, resulting in a negative trade balance of €683k. Between June 2023 and June 2024 the exports of Spain's   Tobacco Processing Machines have decreased by €-109k (-59.6%) from €183k to €73.8k, while imports decreased by €-60.7k (-7.43%) from €817k to €756k.

Destinations In June 2024, Tobacco Processing Machines were exported mostly to Cuba (€39.7k), Bulgaria (€14.6k), United Kingdom (€6.25k), Portugal (€3.07k), and Germany (€2.98k), and were imported mostly from Germany (€609k), Netherlands (€76.9k), France (€35.1k), Italy (€22k), and Poland (€4.82k).

Growth In June 2024, the decrease in Tobacco Processing Machines's year-by-year exports was explained primarily by a decrease in exports to United States (€-14.1k or -56.3%), Chile (€-12k or -95.7%), and Netherlands (€-4.57k or -83.3%). In June 2024, the decrease in Tobacco Processing Machines's year-by-year imports was explained primarily by a decrease in imports from Netherlands (€-554k or -90.4%), United Kingdom (€-402k or -97.3%), and France (€-87.9k or -64.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-109k(-59.6%)
IMPORT GROWTH (June 2023 - June 2024)€-60.7k(-7.43%)
MAIN EXPORTER (June 2024)Toledo€110k
MAIN DESTINATION (June 2024)Cuba€39.7k

This section shows Tobacco Processing 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 Tobacco Processing Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.46M
IMPORTS (2022)$10.7M
NET TRADE (2022)-$8.28M

In 2022, Spain exported $2.46M in Tobacco Processing Machines. The main destinations of Spain exports on Tobacco Processing Machines were Dominican Republic ($652k), Italy ($292k), Colombia ($195k), United States ($192k), and Romania ($169k).

In 2022, Spain imported $10.7M in Tobacco Processing Machines, mainly from Netherlands ($3.54M), Germany ($3.28M), United Kingdom ($807k), Czechia ($802k), and China ($515k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Spain's main exporting competitors in Tobacco Processing Machines were:
Germany $358M
Italy $199M
Netherlands $77.9M
In 2022, Spain's main importing competitors in Tobacco Processing Machines were:
Indonesia $97.3M
China $90.5M
United States $83.3M

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Trade Value of Tobacco Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $164k
TOP IMPORT POTENTIALGermany+ $575k

Tobacco Processing Machines’s highest export potential is United States. With an export gap of $164k.   Tobacco Processing Machines’s highest import potential is Germany with an import gap of $575k.

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