Coated Flat-Rolled Iron in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $1.23B in Coated Flat-Rolled Iron, making it the 14th largest exporter of Coated Flat-Rolled Iron in the world. At the same year, Coated Flat-Rolled Iron was the 59th most exported product in Spain. The main destination of Coated Flat-Rolled Iron exports from Spain are: France ($297M), Italy ($253M), Portugal ($232M), Morocco ($110M), and Poland ($68.7M).

The fastest growing export markets for Coated Flat-Rolled Iron of Spain between 2021 and 2022 were Italy ($75.3M), Portugal ($72.2M), and Morocco ($47M).

Imports In 2022, Spain imported $2.33B in Coated Flat-Rolled Iron, becoming the 7th largest importer of Coated Flat-Rolled Iron in the world. At the same year, Coated Flat-Rolled Iron was the 28th most imported product in Spain. Spain imports Coated Flat-Rolled Iron primarily from: Germany ($264M), Chinese Taipei ($261M), Vietnam ($249M), Portugal ($233M), and Italy ($223M).

The fastest growing import markets in Coated Flat-Rolled Iron for Spain between 2021 and 2022 were Germany ($69.9M), Chinese Taipei ($54M), and China ($53.4M).

Latest Trends

February 2024

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Overview In February 2024 Spain's Coated Flat-Rolled Iron exports accounted up to €73.9M and imports accounted up to €128M, resulting in a negative trade balance of €53.8M. Between February 2023 and February 2024 the exports of Spain's Coated Flat-Rolled Iron have decreased by €-13.3M (-15.3%) from €87.2M to €73.9M, while imports increased by €1.13M (0.9%) from €127M to €128M.

Destinations In February 2024, Coated Flat-Rolled Iron were exported mostly to Portugal (€19.7M), France (€16.1M), Italy (€13.3M), Morocco (€9.36M), and Poland (€2.67M), and were imported mostly from Germany (€25.2M), Portugal (€16.9M), Vietnam (€13.8M), China (€10.2M), and France (€9.75M).

Growth In February 2024, the decrease in Coated Flat-Rolled Iron's year-by-year exports was explained primarily by a decrease in exports to France (€-8.95M or -34.2%), Germany (€-5.55M or -71%), and Poland (€-4.63M or -93%). In February 2024, the increase in Coated Flat-Rolled Iron's year-by-year imports was explained primarily by an increase in imports from China (€24.7M or 125%), South Korea (€10M or 1.99k%), and France (€4.57M or 44.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€-13.3M(-15.3%)

IMPORT GROWTH (February 2023 - February 2024)€1.13M(0.9%)

MAIN EXPORTER (February 2024)Asturias€18.8M

MAIN DESTINATION (February 2024)Portugal€19.7M

This section shows Coated Flat-Rolled Iron'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 Coated Flat-Rolled Iron over time.

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