Tug Boats in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $41.6M in Tug Boats, making it the 16th largest exporter of Tug Boats in the world. At the same year, Tug Boats was the 681st most exported product in Spain. The main destination of Tug Boats exports from Spain are: Sweden ($15.8M), Belgium ($8.18M), Malta ($7.89M), Nigeria ($4.88M), and Portugal ($4.66M).

The fastest growing export markets for Tug Boats of Spain between 2021 and 2022 were Sweden ($15.8M), Belgium ($8.18M), and Malta ($7.89M).

Imports In 2022, Spain imported $34.5M in Tug Boats, becoming the 18th largest importer of Tug Boats in the world. At the same year, Tug Boats was the 747th most imported product in Spain. Spain imports Tug Boats primarily from: Netherlands ($11.2M), Panama ($9.48M), Vietnam ($6.68M), Saint Vincent and the Grenadines ($5.16M), and France ($1.77M).

The fastest growing import markets in Tug Boats for Spain between 2021 and 2022 were Panama ($9.48M), Netherlands ($7.91M), and Vietnam ($6.68M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Tug Boats from Spain to the United States.

Latest Trends

September 2023

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Overview In September 2023 Spain's Tug Boats exports accounted up to €9.59M and imports accounted up to €2.16M, resulting in a positive trade balance of €7.43M. Between December 2020 and September 2023 the exports of Spain's Tug Boats have increased by €9.48M (8.43k%) from €113k to €9.59M, while imports increased by €2.14M (10.9k%) from €19.7k to €2.16M.

Destinations In September 2023, Tug Boats were exported mostly to , and were imported mostly from Uruguay (€2.02M), Netherlands (€126k), United States (€17.2k), and Italy (€2.5k).

Growth In September 2023, the increase in Tug Boats's year-by-year exports was explained primarily by an increase in exports to . In January 2024, the increase in Tug Boats's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2020 - September 2023)€9.48M(8.43k%)

IMPORT GROWTH (January 2023 - January 2024)€2.14M(10.9k%)

MAIN EXPORTER (September 2023)

MAIN DESTINATION (September 2023)

This section shows Tug Boats'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 Tug Boats over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$41.6M

IMPORTS (2022)$34.5M

NET TRADE (2022)$7.15M

In 2022, Spain exported $41.6M in Tug Boats. The main destinations of Spain exports on Tug Boats were Sweden ($15.8M), Belgium ($8.18M), Malta ($7.89M), Nigeria ($4.88M), and Portugal ($4.66M).

In 2022, Spain imported $34.5M in Tug Boats, mainly from Netherlands ($11.2M), Panama ($9.48M), Vietnam ($6.68M), Saint Vincent and the Grenadines ($5.16M), and France ($1.77M).

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