Other Rubber Products in Spain | The Observatory of Economic Complexity

About

Exports In 2022, Spain exported $589M in Other Rubber Products, making it the 16th largest exporter of Other Rubber Products in the world. At the same year, Other Rubber Products was the 157th most exported product in Spain. The main destination of Other Rubber Products exports from Spain are: Germany ($100M), France ($56.4M), United States ($49.3M), Morocco ($42.2M), and Portugal ($38.4M).

The fastest growing export markets for Other Rubber Products of Spain between 2021 and 2022 were Mexico ($6.94M), Italy ($3.44M), and Saudi Arabia ($2.13M).

Imports In 2022, Spain imported $667M in Other Rubber Products, becoming the 13th largest importer of Other Rubber Products in the world. At the same year, Other Rubber Products was the 145th most imported product in Spain. Spain imports Other Rubber Products primarily from: Germany ($138M), France ($78.8M), Italy ($59.7M), China ($51.2M), and Morocco ($50.2M).

The fastest growing import markets in Other Rubber Products for Spain between 2021 and 2022 were Germany ($17.7M), Morocco ($3.54M), and Netherlands ($2.99M).

COMPANIES In 2023, leading companies such as FORD MOTOR COMPANY (600) and VESTAS NACELLES AMERICA INC. (171) were at the forefront of shipping Other Rubber Products from Spain to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Spain's Other Rubber Products exports accounted up to €55.8M and imports accounted up to €47.9M, resulting in a positive trade balance of €7.84M. Between January 2023 and January 2024 the exports of Spain's Other Rubber Products have increased by €3.3M (6.29%) from €52.5M to €55.8M, while imports increased by €3.56M (8.03%) from €44.4M to €47.9M.

Destinations In January 2024, Other Rubber Products were exported mostly to Germany (€8.84M), France (€5.86M), United States (€4.59M), Morocco (€4.36M), and Portugal (€3.5M), and were imported mostly from Germany (€8.71M), France (€8.2M), Morocco (€4.43M), China (€4.14M), and Italy (€3.35M).

Growth In January 2024, the increase in Other Rubber Products's year-by-year exports was explained primarily by an increase in exports to Germany (€1.19M or 14.1%), Portugal (€995k or 34.9%), and United States (€909k or 32.7%). In January 2024, the increase in Other Rubber Products's year-by-year imports was explained primarily by an increase in imports from Singapore (€2.34M or 1.6k%), Belgium (€674k or 108%), and Finland (€555k or 371%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€3.3M(6.29%)

IMPORT GROWTH (January 2023 - January 2024)€3.56M(8.03%)

MAIN EXPORTER (January 2024)Guipúzcoa€9.45M

MAIN DESTINATION (January 2024)Germany€8.84M

This section shows Other Rubber Products'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 Rubber Products over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$589M

IMPORTS (2022)$667M

NET TRADE (2022)-$77.6M

In 2022, Spain exported $589M in Other Rubber Products. The main destinations of Spain exports on Other Rubber Products were Germany ($100M), France ($56.4M), United States ($49.3M), Morocco ($42.2M), and Portugal ($38.4M).

In 2022, Spain imported $667M in Other Rubber Products, mainly from Germany ($138M), France ($78.8M), Italy ($59.7M), China ($51.2M), and Morocco ($50.2M).

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