Rubber in Spain | The Observatory of Economic Complexity

About

Exports In 2022, Spain exported $26.2M in Rubber, making it the 26th largest exporter of Rubber in the world. At the same year, Rubber was the 769th most exported product in Spain. The main destination of Rubber exports from Spain are: Italy ($6.26M), Portugal ($4.86M), France ($4.07M), Germany ($1.3M), and Israel ($1.05M).

The fastest growing export markets for Rubber of Spain between 2021 and 2022 were Italy ($2.64M), France ($1.57M), and Portugal ($819k).

Imports In 2022, Spain imported $482M in Rubber, becoming the 11th largest importer of Rubber in the world. At the same year, Rubber was the 188th most imported product in Spain. Spain imports Rubber primarily from: Cote d'Ivoire ($151M), Thailand ($137M), France ($38.9M), Indonesia ($32.2M), and Nigeria ($18.7M).

The fastest growing import markets in Rubber for Spain between 2021 and 2022 were Thailand ($27.6M), Cote d'Ivoire ($19.5M), and Ghana ($7.39M).

COMPANIES In 2023, leading companies such as CONTINENTAL TIRE THE AMERICAS LLC (6), GOODYEAR TIRE & RUBBER CO. (1), and COSENTINO NORTH AMERICA INC. (1) were at the forefront of shipping Rubber from Spain to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Spain's Rubber exports accounted up to €868k and imports accounted up to €20.2M, resulting in a negative trade balance of €19.4M. Between February 2023 and February 2024 the exports of Spain's Rubber have increased by €106k (13.9%) from €762k to €868k, while imports decreased by €-8.29M (-29%) from €28.5M to €20.2M.

Destinations In February 2024, Rubber were exported mostly to France (€275k), Italy (€199k), Israel (€64.2k), Mexico (€54.7k), and Morocco (€53.2k), and were imported mostly from Cote d'Ivoire (€7.6M), Thailand (€3.94M), Indonesia (€2.05M), France (€1.83M), and Ghana (€1.51M).

Growth In February 2024, the increase in Rubber's year-by-year exports was explained primarily by an increase in exports to Morocco (€55.4k or 84.2%), United Kingdom (€38.1k or 1.06k%), and Switzerland (€34.2k or 541%). In February 2024, the decrease in Rubber's year-by-year imports was explained primarily by a decrease in imports from Thailand (€-7.76M or -56%), Cote d'Ivoire (€-2.64M or -35.7%), and Cameroon (€-444k or -72.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€106k(13.9%)

IMPORT GROWTH (February 2023 - February 2024)€-8.29M(-29%)

MAIN EXPORTER (February 2024)Barcelona€485k

MAIN DESTINATION (February 2024)France€275k

This section shows Rubber'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 Rubber over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$26.2M

IMPORTS (2022)$482M

NET TRADE (2022)-$456M

In 2022, Spain exported $26.2M in Rubber. The main destinations of Spain exports on Rubber were Italy ($6.26M), Portugal ($4.86M), France ($4.07M), Germany ($1.3M), and Israel ($1.05M).

In 2022, Spain imported $482M in Rubber, mainly from Cote d'Ivoire ($151M), Thailand ($137M), France ($38.9M), Indonesia ($32.2M), and Nigeria ($18.7M).

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