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2022
Exports $3.25BWorld Rnk 3 / 196
Flag Rnk 16 / 1214
2022
Destination $22.7M Germany
2021 - 2022
FASTEST GROWING MARKET $22.7MMexico
2022
PRODUCT COMPLEXITY IN Wine-1.04Rnk 845 / 1025
2022
Imports $332MWorld Rnk 23 / 225
Flag Rnk 258 / 1214
2022
Origin $16.7M France
2021 - 2022
FASTEST GROWING ORIGIN $16.7MFrance
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $3.25B in Wine, making it the 3rd largest exporter of Wine in the world. At the same year, Wine was the 16th most exported product in Spain. The main destination of Wine exports from Spain are: Germany ($386M), United States ($377M), United Kingdom ($339M), France ($268M), and Switzerland ($153M).

The fastest growing export markets for Wine of Spain between 2021 and 2022 were Mexico ($22.7M), France ($8.16M), and Morocco ($5.77M).

Imports In 2022, Spain imported $332M in Wine, becoming the 23rd largest importer of Wine in the world. At the same year, Wine was the 258th most imported product in Spain. Spain imports Wine primarily from: France ($196M), Italy ($61.6M), Portugal ($21.6M), Germany ($7.83M), and United Kingdom ($7.06M).

The fastest growing import markets in Wine for Spain between 2021 and 2022 were France ($16.7M), Italy ($6.31M), and Australia ($5.86M).

COMPANIES In 2023, leading companies such as Palm Bay International (298), Cardinal Wine Group (232), and Pernod Ricard (108) were at the forefront of shipping Wine from Spain to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Spain's Wine exports accounted up to €201M and imports accounted up to €19.7M, resulting in a positive trade balance of €181M. Between August 2023 and August 2024 the exports of Spain's   Wine have decreased by €-2.74M (-1.35%) from €204M to €201M, while imports increased by €2.38M (13.8%) from €17.3M to €19.7M.

Destinations In August 2024, Wine were exported mostly to United States (€24.8M), Germany (€24.3M), United Kingdom (€20.5M), France (€15.5M), and Japan (€11M), and were imported mostly from France (€8.84M), Italy (€3.71M), Chile (€2.82M), Portugal (€1.26M), and Germany (€465k).

Growth In August 2024, the decrease in Wine's year-by-year exports was explained primarily by a decrease in exports to Italy (€-5.45M or -75.3%), China (€-3.74M or -62.1%), and Morocco (€-1.34M or -78.5%). In August 2024, the increase in Wine's year-by-year imports was explained primarily by an increase in imports from France (€1.91M or 24.6%), Italy (€830k or 40.8%), and Portugal (€688k or 97.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)€-2.74M(-1.35%)
IMPORT GROWTH (August 2023 - August 2024)€2.38M(13.8%)
MAIN EXPORTER (August 2024)Barcelona€49.3M
MAIN DESTINATION (August 2024)United States€24.8M

This section shows Wine'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 Wine over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.25B
IMPORTS (2022)$332M
NET TRADE (2022)$2.92B

In 2022, Spain exported $3.25B in Wine. The main destinations of Spain exports on Wine were Germany ($386M), United States ($377M), United Kingdom ($339M), France ($268M), and Switzerland ($153M).

In 2022, Spain imported $332M in Wine, mainly from France ($196M), Italy ($61.6M), Portugal ($21.6M), Germany ($7.83M), and United Kingdom ($7.06M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wine EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Mexico$22.7M (31.7%)
France$8.16M (3.13%)
Morocco$5.77M (79.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine BY Spain WERE (2021 - 2022):
United Kingdom-$59.3M (-14.9%)
China-$47.3M (-34.2%)
Germany-$39.3M (-9.24%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Wine were:
France $13.1B
Italy $8.32B
In 2022, Spain's main importing competitors in Wine were:
United States $6.79B
United Kingdom $4.67B
Germany $3.02B

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Trade Value of Wine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $51.7M
TOP IMPORT POTENTIALFrance+ $56.5M

Wine’s highest export potential is United States. With an export gap of $51.7M.   Wine’s highest import potential is France with an import gap of $56.5M.

See methodology.

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