Iron Fasteners in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $669M in Iron Fasteners, making it the 16th largest exporter of Iron Fasteners in the world. At the same year, Iron Fasteners was the 140th most exported product in Spain. The main destination of Iron Fasteners exports from Spain are: Germany ($128M), France ($104M), Portugal ($55.9M), Poland ($36.3M), and Czechia ($30.6M).

The fastest growing export markets for Iron Fasteners of Spain between 2021 and 2022 were Portugal ($9.43M), Romania ($7.5M), and Germany ($7.11M).

Imports In 2022, Spain imported $1.11B in Iron Fasteners, becoming the 11th largest importer of Iron Fasteners in the world. At the same year, Iron Fasteners was the 93rd most imported product in Spain. Spain imports Iron Fasteners primarily from: Germany ($246M), France ($218M), China ($149M), Italy ($119M), and Chinese Taipei ($106M).

The fastest growing import markets in Iron Fasteners for Spain between 2021 and 2022 were France ($21.5M), Germany ($16.5M), and Chinese Taipei ($14.2M).

COMPANIES In 2023, leading companies such as ABB MOTORS AND MECHANICAL INC (11), PORVEN LTD (5), and STELFAST INC (3) were at the forefront of shipping Iron Fasteners from Spain to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Spain's Iron Fasteners exports accounted up to €61.6M and imports accounted up to €82.1M, resulting in a negative trade balance of €20.5M. Between February 2023 and February 2024 the exports of Spain's Iron Fasteners have decreased by €-537k (-0.86%) from €62.2M to €61.6M, while imports decreased by €-13.5M (-14.1%) from €95.6M to €82.1M.

Destinations In February 2024, Iron Fasteners were exported mostly to Germany (€11.5M), France (€10.2M), Portugal (€4.78M), Poland (€3.87M), and Morocco (€3.16M), and were imported mostly from Germany (€19.5M), France (€18.3M), China (€9.91M), Italy (€8.7M), and Chinese Taipei (€5.87M).

Growth In February 2024, the decrease in Iron Fasteners's year-by-year exports was explained primarily by a decrease in exports to Russia (€-571k or -92.1%), Turkey (€-386k or -36.8%), and China (€-286k or -52.6%). In February 2024, the decrease in Iron Fasteners's year-by-year imports was explained primarily by a decrease in imports from China (€-7.56M or -42.6%), Canada (€-2.98M or -93.3%), and Chinese Taipei (€-243k or -2.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€-537k(-0.86%)

IMPORT GROWTH (February 2023 - February 2024)€-13.5M(-14.1%)

MAIN EXPORTER (February 2024)Guipúzcoa€12.2M

MAIN DESTINATION (February 2024)Germany€11.5M

This section shows Iron Fasteners'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 Iron Fasteners over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$669M

IMPORTS (2022)$1.11B

NET TRADE (2022)-$442M

In 2022, Spain exported $669M in Iron Fasteners. The main destinations of Spain exports on Iron Fasteners were Germany ($128M), France ($104M), Portugal ($55.9M), Poland ($36.3M), and Czechia ($30.6M).

In 2022, Spain imported $1.11B in Iron Fasteners, mainly from Germany ($246M), France ($218M), China ($149M), Italy ($119M), and Chinese Taipei ($106M).

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