Non-Knit Men's Suits in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $1.05B in Non-Knit Men's Suits, making it the 11th largest exporter of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 72nd most exported product in Spain. The main destination of Non-Knit Men's Suits exports from Spain are: France ($169M), Italy ($135M), Portugal ($124M), Poland ($56M), and Germany ($48.9M).

The fastest growing export markets for Non-Knit Men's Suits of Spain between 2021 and 2022 were Portugal ($19.1M), Mexico ($8.57M), and Turkey ($7.21M).

Imports In 2022, Spain imported $2.1B in Non-Knit Men's Suits, becoming the 5th largest importer of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 37th most imported product in Spain. Spain imports Non-Knit Men's Suits primarily from: Bangladesh ($509M), Pakistan ($230M), Turkey ($211M), China ($197M), and Morocco ($136M).

The fastest growing import markets in Non-Knit Men's Suits for Spain between 2021 and 2022 were Bangladesh ($158M), China ($77.7M), and Pakistan ($56.9M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Non-Knit Men's Suits from Spain to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Spain's Non-Knit Men's Suits exports accounted up to €66.7M and imports accounted up to €114M, resulting in a negative trade balance of €47.8M. Between January 2023 and January 2024 the exports of Spain's Non-Knit Men's Suits have decreased by €-5.74M (-7.93%) from €72.4M to €66.7M, while imports decreased by €-33.9M (-22.8%) from €148M to €114M.

Destinations In January 2024, Non-Knit Men's Suits were exported mostly to France (€12.4M), Italy (€10M), Portugal (€9.16M), Poland (€6.32M), and Germany (€6.31M), and were imported mostly from Bangladesh (€32.3M), China (€14.1M), Pakistan (€12.8M), Turkey (€9.5M), and Morocco (€9.35M).

Growth In January 2024, the decrease in Non-Knit Men's Suits's year-by-year exports was explained primarily by a decrease in exports to Russia (€-1.97M or -71%), China (€-291k or -29.5%), and Ukraine (€-242k or -78.6%). In January 2024, the decrease in Non-Knit Men's Suits's year-by-year imports was explained primarily by a decrease in imports from Netherlands (€-2.33M or -51%), Germany (€-1.13M or -27.7%), and Bulgaria (€-222k or -46.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-5.74M(-7.93%)

IMPORT GROWTH (January 2023 - January 2024)€-33.9M(-22.8%)

MAIN EXPORTER (January 2024)A Coruña€31M

MAIN DESTINATION (January 2024)France€12.4M

This section shows Non-Knit Men's Suits'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 Non-Knit Men's Suits over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.05B

IMPORTS (2022)$2.1B

NET TRADE (2022)-$1.05B

In 2022, Spain exported $1.05B in Non-Knit Men's Suits. The main destinations of Spain exports on Non-Knit Men's Suits were France ($169M), Italy ($135M), Portugal ($124M), Poland ($56M), and Germany ($48.9M).

In 2022, Spain imported $2.1B in Non-Knit Men's Suits, mainly from Bangladesh ($509M), Pakistan ($230M), Turkey ($211M), China ($197M), and Morocco ($136M).

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