Plastic Lids in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $1.71B in Plastic Lids, making it the 10th largest exporter of Plastic Lids in the world. At the same year, Plastic Lids was the 33rd most exported product in Spain. The main destination of Plastic Lids exports from Spain are: France ($334M), Morocco ($256M), Portugal ($216M), Germany ($151M), and Italy ($107M).

The fastest growing export markets for Plastic Lids of Spain between 2021 and 2022 were Portugal ($31.1M), Morocco ($25M), and Italy ($10.8M).

Imports In 2022, Spain imported $1.59B in Plastic Lids, becoming the 11th largest importer of Plastic Lids in the world. At the same year, Plastic Lids was the 58th most imported product in Spain. Spain imports Plastic Lids primarily from: France ($320M), Italy ($239M), Germany ($213M), Portugal ($153M), and China ($113M).

The fastest growing import markets in Plastic Lids for Spain between 2021 and 2022 were France ($44.1M), Austria ($24.8M), and Portugal ($15.9M).

COMPANIES In 2023, leading companies such as H&M HENNES & MAURITZ L.P (49) and RIVIANA FOODS INC (7) were at the forefront of shipping Plastic Lids from Spain to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Spain's Plastic Lids exports accounted up to €134M and imports accounted up to €164M, resulting in a negative trade balance of €30.3M. Between January 2023 and January 2024 the exports of Spain's Plastic Lids have increased by €382k (0.29%) from €133M to €134M, while imports increased by €52.7M (47.3%) from €111M to €164M.

Destinations In January 2024, Plastic Lids were exported mostly to Morocco (€29M), France (€24.2M), Portugal (€13.7M), Germany (€13.5M), and Italy (€8.17M), and were imported mostly from Germany (€70.7M), Italy (€18.8M), France (€18.3M), Portugal (€11.1M), and China (€7.09M).

Growth In January 2024, the increase in Plastic Lids's year-by-year exports was explained primarily by an increase in exports to Morocco (€5.03M or 22.1%), Italy (€1.83M or 24.6%), and France (€1.26M or 5%). In January 2024, the increase in Plastic Lids's year-by-year imports was explained primarily by an increase in imports from Italy (€3.9M or 24%), Germany (€2.38M or 15.7%), and France (€2.12M or 11.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€382k(0.29%)

IMPORT GROWTH (January 2023 - January 2024)€52.7M(47.3%)

MAIN EXPORTER (January 2024)Barcelona€34.7M

MAIN DESTINATION (January 2024)Morocco€29M

This section shows Plastic Lids'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 Plastic Lids over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.71B

IMPORTS (2022)$1.59B

NET TRADE (2022)$129M

In 2022, Spain exported $1.71B in Plastic Lids. The main destinations of Spain exports on Plastic Lids were France ($334M), Morocco ($256M), Portugal ($216M), Germany ($151M), and Italy ($107M).

In 2022, Spain imported $1.59B in Plastic Lids, mainly from France ($320M), Italy ($239M), Germany ($213M), Portugal ($153M), and China ($113M).

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