Bi-Wheel Vehicle Parts in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $385M in Bi-Wheel Vehicle Parts, making it the 14th largest exporter of Bi-Wheel Vehicle Parts in the world. At the same year, Bi-Wheel Vehicle Parts was the 229th most exported product in Spain. The main destination of Bi-Wheel Vehicle Parts exports from Spain are: France ($73.5M), Germany ($68.7M), Portugal ($44.3M), Italy ($36.3M), and Austria ($30.7M).

The fastest growing export markets for Bi-Wheel Vehicle Parts of Spain between 2021 and 2022 were Germany ($8.63M), Malta ($6.11M), and Netherlands ($2.31M).

Imports In 2022, Spain imported $834M in Bi-Wheel Vehicle Parts, becoming the 13th largest importer of Bi-Wheel Vehicle Parts in the world. At the same year, Bi-Wheel Vehicle Parts was the 122nd most imported product in Spain. Spain imports Bi-Wheel Vehicle Parts primarily from: Chinese Taipei ($246M), China ($183M), Japan ($78.4M), Italy ($76.4M), and France ($49.7M).

The fastest growing import markets in Bi-Wheel Vehicle Parts for Spain between 2021 and 2022 were Chinese Taipei ($86.2M), China ($19.8M), and Malaysia ($18.8M).

COMPANIES In 2023, leading companies such as AMAZON SERVICES LLC (1), ZF FRIEDRICHSHAFEN AG (1), and JBS USA FOOD COMPANY (1) were at the forefront of shipping Bi-Wheel Vehicle Parts from Spain to the United States.

Latest Trends

February 2024

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Overview In February 2024 Spain's Bi-Wheel Vehicle Parts exports accounted up to €32.3M and imports accounted up to €49.6M, resulting in a negative trade balance of €17.3M. Between February 2023 and February 2024 the exports of Spain's Bi-Wheel Vehicle Parts have increased by €1.81M (5.94%) from €30.5M to €32.3M, while imports decreased by €-11.3M (-18.6%) from €60.9M to €49.6M.

Destinations In February 2024, Bi-Wheel Vehicle Parts were exported mostly to France (€6.35M), Germany (€4.81M), United States (€3.33M), Italy (€2.98M), and Austria (€2.67M), and were imported mostly from Chinese Taipei (€10.9M), China (€8.77M), Italy (€6.15M), Japan (€5.16M), and Germany (€4.37M).

Growth In February 2024, the increase in Bi-Wheel Vehicle Parts's year-by-year exports was explained primarily by an increase in exports to Portugal (€1.22M or 47.2%), United States (€1.17M or 102%), and Germany (€1.08M or 23.5%). In February 2024, the decrease in Bi-Wheel Vehicle Parts's year-by-year imports was explained primarily by a decrease in imports from China (€-1.37M or -6.65%), Chinese Taipei (€-718k or -3.51%), and Portugal (€-687k or -28.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€1.81M(5.94%)

IMPORT GROWTH (February 2023 - February 2024)€-11.3M(-18.6%)

MAIN EXPORTER (February 2024)Barcelona€20.7M

MAIN DESTINATION (February 2024)France€6.35M

This section shows Bi-Wheel Vehicle Parts'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 Bi-Wheel Vehicle Parts over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$385M

IMPORTS (2022)$834M

NET TRADE (2022)-$449M

In 2022, Spain exported $385M in Bi-Wheel Vehicle Parts. The main destinations of Spain exports on Bi-Wheel Vehicle Parts were France ($73.5M), Germany ($68.7M), Portugal ($44.3M), Italy ($36.3M), and Austria ($30.7M).

In 2022, Spain imported $834M in Bi-Wheel Vehicle Parts, mainly from Chinese Taipei ($246M), China ($183M), Japan ($78.4M), Italy ($76.4M), and France ($49.7M).

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