Other Electrical Machinery in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $421M in Other Electrical Machinery, making it the 23rd largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 210th most exported product in Spain. The main destination of Other Electrical Machinery exports from Spain are: Portugal ($62.4M), France ($45.7M), United Kingdom ($39.1M), Belgium ($38.9M), and Italy ($31.6M).

The fastest growing export markets for Other Electrical Machinery of Spain between 2021 and 2022 were Portugal ($26M), Belgium ($14.5M), and Slovakia ($13.8M).

Imports In 2022, Spain imported $971M in Other Electrical Machinery, becoming the 19th largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 108th most imported product in Spain. Spain imports Other Electrical Machinery primarily from: China ($303M), Germany ($154M), Ireland ($110M), France ($75.7M), and Netherlands ($50.8M).

The fastest growing import markets in Other Electrical Machinery for Spain between 2021 and 2022 were China ($48.8M), Germany ($23.4M), and Czechia ($10.2M).

COMPANIES In 2023, leading companies such as VOLKSWAGEN GROUP OF AMERICA INC. (1) were at the forefront of shipping Other Electrical Machinery from Spain to the United States.

Latest Trends

February 2024

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Overview In February 2024 Spain's Other Electrical Machinery exports accounted up to €33.9M and imports accounted up to €43.8M, resulting in a negative trade balance of €9.96M. Between February 2023 and February 2024 the exports of Spain's Other Electrical Machinery have decreased by €-646k (-1.87%) from €34.5M to €33.9M, while imports decreased by €-10.7M (-19.6%) from €54.5M to €43.8M.

Destinations In February 2024, Other Electrical Machinery were exported mostly to United Kingdom (€6.88M), France (€5.23M), Italy (€4.82M), Germany (€2.41M), and United States (€2.13M), and were imported mostly from China (€11.4M), Germany (€6.32M), France (€2.89M), Belgium (€2.42M), and Netherlands (€2.39M).

Growth In February 2024, the decrease in Other Electrical Machinery's year-by-year exports was explained primarily by a decrease in exports to Colombia (€-498k or -92.2%), Netherlands (€-355k or -47%), and Ecuador (€-354k or -89.4%). In February 2024, the decrease in Other Electrical Machinery's year-by-year imports was explained primarily by a decrease in imports from Ireland (€-5.93M or -29.1%), Italy (€-863k or -20.6%), and China (€-762k or -4.63%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€-646k(-1.87%)

IMPORT GROWTH (February 2023 - February 2024)€-10.7M(-19.6%)

MAIN EXPORTER (February 2024)Barcelona€10.8M

MAIN DESTINATION (February 2024)United Kingdom€6.88M

This section shows Other Electrical Machinery'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 Other Electrical Machinery over time.

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