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2023
Exports $108MWorld Rnk 12 / 113
Flag Rnk 460 / 1215
2023
Destination $11.8M China
2022 - 2023
FASTEST GROWING MARKET $11.8MChina
2023
PRODUCT COMPLEXITY IN Whey and other milk products0.4Rnk 412 / 1025
2023
Imports $101MWorld Rnk 13 / 203
Flag Rnk 504 / 1214
2023
Origin $3.18M France
2022 - 2023
FASTEST GROWING ORIGIN $3.18MPoland
2023
ECONOMIC COMPLEXITY of Spain0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $108M in Whey and other milk products, making it the 12th largest exporter of Whey and other milk products in the world. At the same year, Whey and other milk products was the 460th most exported product in Spain. The main destination of Whey and other milk products exports from Spain are: China ($35.5M), Netherlands ($16.7M), France ($13.2M), Thailand ($7.11M), and Vietnam ($5.4M).

The fastest growing export markets for Whey and other milk products of Spain between 2022 and 2023 were China ($11.8M), Cuba ($785k), and Burma ($693k).

Imports In 2023, Spain imported $101M in Whey and other milk products, becoming the 13th largest importer of Whey and other milk products in the world. At the same year, Whey and other milk products was the 504th most imported product in Spain. Spain imports Whey and other milk products primarily from: France ($17.7M), Switzerland ($14.6M), Portugal ($14.6M), Germany ($14.5M), and Netherlands ($12.1M).

The fastest growing import markets in Whey and other milk products for Spain between 2022 and 2023 were Poland ($3.18M), Switzerland ($2.87M), and Portugal ($2.61M).

Latest Trends

November 2024

About

Overview In November 2024 Spain's Whey and other milk products exports accounted up to €7.05M and imports accounted up to €7.8M, resulting in a negative trade balance of €754k. Between November 2023 and November 2024 the exports of Spain's   Whey and other milk products have decreased by €-1.43M (-16.8%) from €8.48M to €7.05M, while imports decreased by €-277k (-3.43%) from €8.08M to €7.8M.

Destinations In November 2024, Whey and other milk products were exported mostly to France (€1.8M), China (€1.34M), Netherlands (€1.01M), Thailand (€566k), and Vietnam (€410k), and were imported mostly from Germany (€1.3M), Switzerland (€1.07M), France (€1.03M), Poland (€1M), and Portugal (€852k).

Growth In November 2024, the decrease in Whey and other milk products's year-by-year exports was explained primarily by a decrease in exports to France (€-352k or -18.8%), Netherlands (€-309k or -31.1%), and South Korea (€-163k or -92.1%). In November 2024, the decrease in Whey and other milk products's year-by-year imports was explained primarily by a decrease in imports from Ireland (€-155k or -39.4%), Belgium (€-35.1k or -63.9%), and Czechia (€-26.3k or -51.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€-1.43M(-16.8%)
IMPORT GROWTH (November 2023 - November 2024)€-277k(-3.43%)
MAIN EXPORTER (November 2024)Lugo€5.68M
MAIN DESTINATION (November 2024)France€1.8M

This section shows Whey and other milk products'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 Whey and other milk products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$108M
IMPORTS (2023)$101M
NET TRADE (2023)$6.86M

In 2023, Spain exported $108M in Whey and other milk products. The main destinations of Spain exports on Whey and other milk products were China ($35.5M), Netherlands ($16.7M), France ($13.2M), Thailand ($7.11M), and Vietnam ($5.4M).

In 2023, Spain imported $101M in Whey and other milk products, mainly from France ($17.7M), Switzerland ($14.6M), Portugal ($14.6M), Germany ($14.5M), and Netherlands ($12.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Whey and other milk products EXPORT MARKETS FOR Spain WERE (2022 - 2023):
China$11.8M (50%)
Cuba$785k (1.2k%)
Burma$693k (119%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Whey and other milk products BY Spain WERE (2022 - 2023):
France-$8.87M (-40.1%)
United Arab Emirates-$2.78M (-95.6%)
Vietnam-$2.41M (-30.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Whey and other milk products were:
United States $775M
Germany $720M
New Zealand $569M
In 2023, Spain's main importing competitors in Whey and other milk products were:
China $817M
Netherlands $487M
United States $403M

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Trade Value of Whey and other milk products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.22M
TOP IMPORT POTENTIALFrance+ $7.7M

Whey and other milk products’s highest export potential is China. With an export gap of $6.22M.   Whey and other milk products’s highest import potential is France with an import gap of $7.7M.

See methodology.

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