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2023
Exports $71.1MWorld Rnk 14 / 162
Flag Rnk 563 / 1215
2023
Destination $8.49M France
2022 - 2023
FASTEST GROWING MARKET $8.49MNigeria
2023
PRODUCT COMPLEXITY IN Yeast-0.44Rnk 678 / 1025
2023
Imports $85.2MWorld Rnk 7 / 219
Flag Rnk 551 / 1214
2023
Origin $4.82M France
2022 - 2023
FASTEST GROWING ORIGIN $4.82MPortugal
2023
ECONOMIC COMPLEXITY of Spain0.86Rnk 31 / 132

About

Exports In 2023, Spain exported $71.1M in Yeast, making it the 14th largest exporter of Yeast in the world. At the same year, Yeast was the 563rd most exported product in Spain. The main destination of Yeast exports from Spain are: France ($14.3M), Portugal ($13.5M), Nigeria ($8.5M), Saudi Arabia ($4.2M), and Senegal ($3.84M).

The fastest growing export markets for Yeast of Spain between 2022 and 2023 were Nigeria ($8.49M), France ($4.42M), and Portugal ($3.41M).

Imports In 2023, Spain imported $85.2M in Yeast, becoming the 7th largest importer of Yeast in the world. At the same year, Yeast was the 551st most imported product in Spain. Spain imports Yeast primarily from: France ($20M), Portugal ($12.6M), Denmark ($9.14M), Belgium ($9.13M), and Italy ($7.25M).

The fastest growing import markets in Yeast for Spain between 2022 and 2023 were Portugal ($4.82M), Germany ($3.28M), and China ($1.96M).

COMPANIES In 2023, leading companies such as John Deere (2) were at the forefront of shipping Yeast from Spain to the United States.

Latest Trends

November 2024

About

Overview In November 2024 Spain's Yeast exports accounted up to €5M and imports accounted up to €5.73M, resulting in a negative trade balance of €736k. Between November 2023 and November 2024 the exports of Spain's   Yeast have increased by €684k (15.9%) from €4.31M to €5M, while imports decreased by €-168k (-2.84%) from €5.9M to €5.73M.

Destinations In November 2024, Yeast were exported mostly to France (€1.03M), Portugal (€1.01M), Chile (€760k), Norway (€395k), and Senegal (€279k), and were imported mostly from France (€1.17M), Portugal (€912k), Belgium (€893k), Germany (€667k), and Italy (€377k).

Growth In November 2024, the increase in Yeast's year-by-year exports was explained primarily by an increase in exports to Portugal (€416k or 101%), Cuba (€192k or 258%), and Saudi Arabia (€151k or 89.9%). In November 2024, the decrease in Yeast's year-by-year imports was explained primarily by a decrease in imports from France (€-2.97M or -76.2%), Belgium (€-286k or -34.9%), and China (€-184k or -57.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)€684k(15.9%)
IMPORT GROWTH (November 2023 - November 2024)€-168k(-2.84%)
MAIN EXPORTER (November 2024)Valladolid€1.84M
MAIN DESTINATION (November 2024)France€1.03M

This section shows Yeast'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 Yeast over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$71.1M
IMPORTS (2023)$85.2M
NET TRADE (2023)-$14.1M

In 2023, Spain exported $71.1M in Yeast. The main destinations of Spain exports on Yeast were France ($14.3M), Portugal ($13.5M), Nigeria ($8.5M), Saudi Arabia ($4.2M), and Senegal ($3.84M).

In 2023, Spain imported $85.2M in Yeast, mainly from France ($20M), Portugal ($12.6M), Denmark ($9.14M), Belgium ($9.13M), and Italy ($7.25M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Yeast EXPORT MARKETS FOR Spain WERE (2022 - 2023):
Nigeria$8.49M (4.83M%)
France$4.42M (44.5%)
Portugal$3.41M (33.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Yeast BY Spain WERE (2022 - 2023):
Ecuador-$1.7M (-96.7%)
United Kingdom-$992k (-77.5%)
Argentina-$437k (-37.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Spain's main exporting competitors in Yeast were:
China $490M
France $305M
Turkey $262M
In 2023, Spain's main importing competitors in Yeast were:
United States $509M
France $174M
Germany $135M

Explore Visualizations

Trade Value of Yeast by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $2.18M
TOP IMPORT POTENTIALFrance+ $2.17M

Yeast’s highest export potential is France. With an export gap of $2.18M.   Yeast’s highest import potential is France with an import gap of $2.17M.

See methodology.

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