Spark-Ignition Engines in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $1.62B in Spark-Ignition Engines, making it the 11th largest exporter of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 39th most exported product in Spain. The main destination of Spark-Ignition Engines exports from Spain are: Morocco ($700M), Canada ($247M), Romania ($169M), United States ($108M), and Turkey ($91.6M).

The fastest growing export markets for Spark-Ignition Engines of Spain between 2021 and 2022 were Morocco ($480M), Romania ($123M), and Brazil ($48M).

Imports In 2022, Spain imported $2.45B in Spark-Ignition Engines, becoming the 5th largest importer of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 25th most imported product in Spain. Spain imports Spark-Ignition Engines primarily from: Hungary ($675M), Germany ($646M), France ($406M), Mexico ($163M), and Poland ($124M).

The fastest growing import markets in Spark-Ignition Engines for Spain between 2021 and 2022 were Hungary ($180M), Mexico ($63.7M), and United Kingdom ($31.6M).

COMPANIES In 2023, leading companies such as FORD MOTOR COMPANY (7) and JOHN DEERE COMMERCIAL PRODUCTS (1) were at the forefront of shipping Spark-Ignition Engines from Spain to the United States.

Latest Trends

February 2024

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Overview In February 2024 Spain's Spark-Ignition Engines exports accounted up to €148M and imports accounted up to €264M, resulting in a negative trade balance of €116M. Between February 2023 and February 2024 the exports of Spain's Spark-Ignition Engines have increased by €26.6M (21.9%) from €122M to €148M, while imports decreased by €-3.18M (-1.19%) from €268M to €264M.

Destinations In February 2024, Spark-Ignition Engines were exported mostly to Morocco (€65.2M), Canada (€24.3M), Romania (€17.1M), Turkey (€9.7M), and France (€7.63M), and were imported mostly from Germany (€120M), Hungary (€75.4M), France (€26.8M), Czechia (€23.2M), and Turkey (€10.1M).

Growth In February 2024, the increase in Spark-Ignition Engines's year-by-year exports was explained primarily by an increase in exports to Morocco (€59M or 220%), Mexico (€11.1M or 254%), and United States (€2.82M or 91%). In February 2024, the decrease in Spark-Ignition Engines's year-by-year imports was explained primarily by a decrease in imports from Mexico (€-15.4M or -74.1%), Poland (€-2.66M or -99.8%), and Morocco (€-929k or -79.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€26.6M(21.9%)

IMPORT GROWTH (February 2023 - February 2024)€-3.18M(-1.19%)

MAIN EXPORTER (February 2024)Sin Provincia Asignada€65M

MAIN DESTINATION (February 2024)Morocco€65.2M

This section shows Spark-Ignition Engines'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 Spark-Ignition Engines over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.62B

IMPORTS (2022)$2.45B

NET TRADE (2022)-$828M

In 2022, Spain exported $1.62B in Spark-Ignition Engines. The main destinations of Spain exports on Spark-Ignition Engines were Morocco ($700M), Canada ($247M), Romania ($169M), United States ($108M), and Turkey ($91.6M).

In 2022, Spain imported $2.45B in Spark-Ignition Engines, mainly from Hungary ($675M), Germany ($646M), France ($406M), Mexico ($163M), and Poland ($124M).

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