Hand-Woven Rugs in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $60M in Hand-Woven Rugs, making it the 12th largest exporter of Hand-Woven Rugs in the world. At the same year, Hand-Woven Rugs was the 606th most exported product in Spain. The main destination of Hand-Woven Rugs exports from Spain are: Portugal ($17.3M), United States ($5.58M), France ($5.39M), Italy ($3.51M), and United Kingdom ($3.03M).

The fastest growing export markets for Hand-Woven Rugs of Spain between 2021 and 2022 were India ($519k), Greece ($383k), and Italy ($375k).

Imports In 2022, Spain imported $81.2M in Hand-Woven Rugs, becoming the 14th largest importer of Hand-Woven Rugs in the world. At the same year, Hand-Woven Rugs was the 573rd most imported product in Spain. Spain imports Hand-Woven Rugs primarily from: India ($17.7M), Turkey ($11.5M), Belgium ($10.1M), Germany ($7.49M), and Portugal ($5.5M).

The fastest growing import markets in Hand-Woven Rugs for Spain between 2021 and 2022 were India ($2.29M), Portugal ($1.65M), and Sweden ($837k).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (15) were at the forefront of shipping Hand-Woven Rugs from Spain to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Spain's Hand-Woven Rugs exports accounted up to €5.78M and imports accounted up to €4.46M, resulting in a positive trade balance of €1.33M. Between February 2023 and February 2024 the exports of Spain's Hand-Woven Rugs have increased by €244k (4.41%) from €5.54M to €5.78M, while imports decreased by €-108k (-2.37%) from €4.57M to €4.46M.

Destinations In February 2024, Hand-Woven Rugs were exported mostly to Portugal (€1.61M), France (€906k), United Kingdom (€531k), Italy (€417k), and United States (€223k), and were imported mostly from India (€1.37M), Belgium (€683k), Egypt (€388k), Germany (€385k), and Turkey (€380k).

Growth In February 2024, the increase in Hand-Woven Rugs's year-by-year exports was explained primarily by an increase in exports to Portugal (€206k or 17.1%), Mexico (€169k or 903%), and Ireland (€95.5k or 79.9%). In February 2024, the decrease in Hand-Woven Rugs's year-by-year imports was explained primarily by a decrease in imports from Belgium (€-322k or -41.4%), China (€-270k or -46.1%), and Egypt (€-211k or -27.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€244k(4.41%)

IMPORT GROWTH (February 2023 - February 2024)€-108k(-2.37%)

MAIN EXPORTER (February 2024)Alicante€1.54M

MAIN DESTINATION (February 2024)Portugal€1.61M

This section shows Hand-Woven Rugs'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 Hand-Woven Rugs over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$60M

IMPORTS (2022)$81.2M

NET TRADE (2022)-$21.2M

In 2022, Spain exported $60M in Hand-Woven Rugs. The main destinations of Spain exports on Hand-Woven Rugs were Portugal ($17.3M), United States ($5.58M), France ($5.39M), Italy ($3.51M), and United Kingdom ($3.03M).

In 2022, Spain imported $81.2M in Hand-Woven Rugs, mainly from India ($17.7M), Turkey ($11.5M), Belgium ($10.1M), Germany ($7.49M), and Portugal ($5.5M).

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