2022
Exports
$1.58BWorld Rnk 15 / 224
Flag Rnk 40 / 1214
2022
PRODUCT COMPLEXITY IN Valves
1.35Rnk 81 / 1025
2022
Imports
$1.83BWorld Rnk 16 / 224
Flag Rnk 49 / 1214
2022
ECONOMIC COMPLEXITY of Spain
0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $1.58B in Valves, making it the 15th largest exporter of Valves in the world. At the same year, Valves was the 40th most exported product in Spain. The main destination of Valves exports from Spain are: France ($190M), Germany ($116M), Portugal ($101M), United States ($97.4M), and Italy ($92.1M).

The fastest growing export markets for Valves of Spain between 2021 and 2022 were United States ($23.6M), Italy ($9.9M), and Argentina ($8.17M).

Imports In 2022, Spain imported $1.83B in Valves, becoming the 16th largest importer of Valves in the world. At the same year, Valves was the 49th most imported product in Spain. Spain imports Valves primarily from: China ($556M), Germany ($354M), Italy ($241M), France ($105M), and United States ($71.6M).

The fastest growing import markets in Valves for Spain between 2021 and 2022 were United States ($13.9M), China ($13.5M), and India ($7.3M).

COMPANIES In 2023, leading companies such as Volkswagen (10), Porven (4), and John Deere (2) were at the forefront of shipping Valves from Spain to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-2.82M(-2.44%)
IMPORT GROWTH (August 2023 - August 2024)€6.21M(5.09%)
MAIN EXPORTER (August 2024)Barcelona€45.5M
MAIN DESTINATION (August 2024)France€10.8M

This section shows Valves'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 Valves over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.58B
IMPORTS (2022)$1.83B
NET TRADE (2022)-$243M

In 2022, Spain exported $1.58B in Valves. The main destinations of Spain exports on Valves were France ($190M), Germany ($116M), Portugal ($101M), United States ($97.4M), and Italy ($92.1M).

In 2022, Spain imported $1.83B in Valves, mainly from China ($556M), Germany ($354M), Italy ($241M), France ($105M), and United States ($71.6M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Spain WERE (2021 - 2022):
United States$23.6M (31.9%)
Italy$9.9M (12.1%)
Argentina$8.17M (58.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Spain WERE (2021 - 2022):
Germany-$19.5M (-14.4%)
China-$18.8M (-25.9%)
United Arab Emirates-$15.8M (-44.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $83.7M
TOP IMPORT POTENTIALChina+ $96.2M

Valves’s highest export potential is France. With an export gap of $83.7M.   Valves’s highest import potential is China with an import gap of $96.2M.

See methodology.

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