Electrical Control Boards in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $898M in Electrical Control Boards, making it the 22nd largest exporter of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 93rd most exported product in Spain. The main destination of Electrical Control Boards exports from Spain are: Germany ($121M), France ($81.1M), United Kingdom ($77.5M), Italy ($50.5M), and Turkey ($50.5M).

The fastest growing export markets for Electrical Control Boards of Spain between 2021 and 2022 were Germany ($27.6M), Morocco ($13.8M), and United States ($11.2M).

Imports In 2022, Spain imported $1.54B in Electrical Control Boards, becoming the 14th largest importer of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 61st most imported product in Spain. Spain imports Electrical Control Boards primarily from: Germany ($425M), France ($206M), China ($178M), Romania ($100M), and Czechia ($66.4M).

The fastest growing import markets in Electrical Control Boards for Spain between 2021 and 2022 were China ($56.4M), Romania ($33.7M), and Czechia ($22M).

COMPANIES In 2023, leading companies such as FORD MOTOR COMPANY (2) and POLYPLEX USA LLC (1) were at the forefront of shipping Electrical Control Boards from Spain to the United States.

Latest Trends

February 2024

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Overview In February 2024 Spain's Electrical Control Boards exports accounted up to €86.2M and imports accounted up to €137M, resulting in a negative trade balance of €50.8M. Between February 2023 and February 2024 the exports of Spain's Electrical Control Boards have increased by €17.6M (25.6%) from €68.6M to €86.2M, while imports increased by €26.8M (24.3%) from €110M to €137M.

Destinations In February 2024, Electrical Control Boards were exported mostly to United States (€11.3M), Germany (€9.94M), France (€6.72M), United Kingdom (€6.71M), and Morocco (€6.02M), and were imported mostly from Germany (€35.9M), China (€23.4M), Morocco (€12.2M), Czechia (€8.32M), and United States (€7.68M).

Growth In February 2024, the increase in Electrical Control Boards's year-by-year exports was explained primarily by an increase in exports to United Kingdom (€6.12M or 164%), Turkey (€3.32M or 89.5%), and Morocco (€3.08M or 132%). In February 2024, the increase in Electrical Control Boards's year-by-year imports was explained primarily by an increase in imports from Germany (€7.54M or 40.6%), China (€6.4M or 56.5%), and Morocco (€3.14M or 32.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€17.6M(25.6%)

IMPORT GROWTH (February 2023 - February 2024)€26.8M(24.3%)

MAIN EXPORTER (February 2024)Barcelona€21.3M

MAIN DESTINATION (February 2024)United States€11.3M

This section shows Electrical Control Boards'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 Electrical Control Boards over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$898M

IMPORTS (2022)$1.54B

NET TRADE (2022)-$647M

In 2022, Spain exported $898M in Electrical Control Boards. The main destinations of Spain exports on Electrical Control Boards were Germany ($121M), France ($81.1M), United Kingdom ($77.5M), Italy ($50.5M), and Turkey ($50.5M).

In 2022, Spain imported $1.54B in Electrical Control Boards, mainly from Germany ($425M), France ($206M), China ($178M), Romania ($100M), and Czechia ($66.4M).

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