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2023
Exports $29.8MWorld Rnk 15 / 98
Flag Rnk 746 / 1215
2023
Destination $3.03M Netherlands
2022 - 2023
FASTEST GROWING MARKET $3.03MSouth Korea
2023
PRODUCT COMPLEXITY IN Water Soluble Proteins0.33Rnk 447 / 1025
2023
Imports $54.3MWorld Rnk 15 / 181
Flag Rnk 647 / 1214
2023
Origin $361k United States
2022 - 2023
FASTEST GROWING ORIGIN $361kFrance
2023
ECONOMIC COMPLEXITY of Spain0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $29.8M in Water Soluble Proteins, making it the 15th largest exporter of Water Soluble Proteins in the world. At the same year, Water Soluble Proteins was the 746th most exported product in Spain. The main destination of Water Soluble Proteins exports from Spain are: Netherlands ($10M), Italy ($7.02M), South Korea ($3.1M), Portugal ($2.88M), and France ($2.44M).

The fastest growing export markets for Water Soluble Proteins of Spain between 2022 and 2023 were South Korea ($3.03M), Portugal ($1.31M), and Chile ($557k).

Imports In 2023, Spain imported $54.3M in Water Soluble Proteins, becoming the 15th largest importer of Water Soluble Proteins in the world. At the same year, Water Soluble Proteins was the 647th most imported product in Spain. Spain imports Water Soluble Proteins primarily from: United States ($13.4M), Germany ($8.75M), Netherlands ($6.87M), Denmark ($6.36M), and France ($5.37M).

The fastest growing import markets in Water Soluble Proteins for Spain between 2022 and 2023 were France ($361k), Uruguay ($353k), and Belgium ($140k).

Latest Trends

November 2024

About

Overview In November 2024 Spain's Water Soluble Proteins exports accounted up to €1.54M and imports accounted up to €5.06M, resulting in a negative trade balance of €3.51M. Between November 2023 and November 2024 the exports of Spain's   Water Soluble Proteins have increased by €122k (8.57%) from €1.42M to €1.54M, while imports increased by €1.26M (33%) from €3.8M to €5.06M.

Destinations In November 2024, Water Soluble Proteins were exported mostly to Italy (€356k), Portugal (€302k), Colombia (€272k), South Korea (€240k), and France (€198k), and were imported mostly from United States (€1.39M), Denmark (€819k), Netherlands (€712k), Poland (€570k), and Germany (€401k).

Growth In November 2024, the increase in Water Soluble Proteins's year-by-year exports was explained primarily by an increase in exports to Italy (€296k or 76.7%), France (€195k or 249%), and Netherlands (€93.2k or 23.7%). In November 2024, the increase in Water Soluble Proteins's year-by-year imports was explained primarily by an increase in imports from United States (€1.5M or 336%), France (€305k or 81.1%), and Belgium (€124k or 514%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€122k(8.57%)
IMPORT GROWTH (November 2023 - November 2024)€1.26M(33%)
MAIN EXPORTER (November 2024)Huesca€959k
MAIN DESTINATION (November 2024)Italy€356k

This section shows Water Soluble Proteins'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 Water Soluble Proteins over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$29.8M
IMPORTS (2023)$54.3M
NET TRADE (2023)-$24.5M

In 2023, Spain exported $29.8M in Water Soluble Proteins. The main destinations of Spain exports on Water Soluble Proteins were Netherlands ($10M), Italy ($7.02M), South Korea ($3.1M), Portugal ($2.88M), and France ($2.44M).

In 2023, Spain imported $54.3M in Water Soluble Proteins, mainly from United States ($13.4M), Germany ($8.75M), Netherlands ($6.87M), Denmark ($6.36M), and France ($5.37M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Water Soluble Proteins EXPORT MARKETS FOR Spain WERE (2022 - 2023):
South Korea$3.03M (4.26k%)
Portugal$1.31M (83.7%)
Chile$557k (15.8k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Water Soluble Proteins BY Spain WERE (2022 - 2023):
United States-$1.39M (-100%)
France-$716k (-22.7%)
Denmark-$606k (-81.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Water Soluble Proteins were:
United States $670M
Germany $371M
Netherlands $331M
In 2023, Spain's main importing competitors in Water Soluble Proteins were:
Japan $401M
China $351M
Netherlands $208M

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Trade Value of Water Soluble Proteins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.33M
TOP IMPORT POTENTIALFrance+ $2.75M

Water Soluble Proteins’s highest export potential is France. With an export gap of $1.33M.   Water Soluble Proteins’s highest import potential is France with an import gap of $2.75M.

See methodology.

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