Bovine Meat in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $1.04B in Bovine Meat, making it the 10th largest exporter of Bovine Meat in the world. At the same year, Bovine Meat was the 74th most exported product in Spain. The main destination of Bovine Meat exports from Spain are: Portugal ($323M), Italy ($281M), Greece ($109M), France ($107M), and Netherlands ($84.2M).

The fastest growing export markets for Bovine Meat of Spain between 2021 and 2022 were Italy ($73.6M), Portugal ($41.7M), and France ($34.1M).

Imports In 2022, Spain imported $715M in Bovine Meat, becoming the 11th largest importer of Bovine Meat in the world. At the same year, Bovine Meat was the 137th most imported product in Spain. Spain imports Bovine Meat primarily from: Netherlands ($220M), Germany ($110M), Poland ($106M), Denmark ($43.4M), and Portugal ($42.6M).

The fastest growing import markets in Bovine Meat for Spain between 2021 and 2022 were Netherlands ($24.8M), Portugal ($12.7M), and Germany ($12.1M).

Latest Trends

February 2024

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Overview In February 2024 Spain's Bovine Meat exports accounted up to €84.7M and imports accounted up to €59.7M, resulting in a positive trade balance of €25M. Between February 2023 and February 2024 the exports of Spain's Bovine Meat have increased by €9.5M (12.6%) from €75.2M to €84.7M, while imports increased by €3.26M (5.78%) from €56.5M to €59.7M.

Destinations In February 2024, Bovine Meat were exported mostly to Portugal (€23.8M), Italy (€22.1M), France (€13.1M), Greece (€11M), and Netherlands (€4.43M), and were imported mostly from Netherlands (€17.7M), Germany (€9.35M), Poland (€9.16M), Italy (€3.9M), and Portugal (€3.79M).

Growth In February 2024, the increase in Bovine Meat's year-by-year exports was explained primarily by an increase in exports to Portugal (€8.09M or 34.2%), France (€3.71M or 58.1%), and Italy (€3.05M or 17.4%). In February 2024, the increase in Bovine Meat's year-by-year imports was explained primarily by an increase in imports from Netherlands (€6.63M or 68.2%), Poland (€5.21M or 112%), and Germany (€3.91M or 110%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€9.5M(12.6%)

IMPORT GROWTH (February 2023 - February 2024)€3.26M(5.78%)

MAIN EXPORTER (February 2024)Valencia€15.9M

MAIN DESTINATION (February 2024)Portugal€23.8M

This section shows Bovine Meat'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 Bovine Meat over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.04B

IMPORTS (2022)$715M

NET TRADE (2022)$325M

In 2022, Spain exported $1.04B in Bovine Meat. The main destinations of Spain exports on Bovine Meat were Portugal ($323M), Italy ($281M), Greece ($109M), France ($107M), and Netherlands ($84.2M).

In 2022, Spain imported $715M in Bovine Meat, mainly from Netherlands ($220M), Germany ($110M), Poland ($106M), Denmark ($43.4M), and Portugal ($42.6M).

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