Chemical Analysis Instruments in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $213M in Chemical Analysis Instruments, making it the 29th largest exporter of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 330th most exported product in Spain. The main destination of Chemical Analysis Instruments exports from Spain are: Portugal ($47.7M), United States ($19.9M), Germany ($13.2M), Italy ($11M), and France ($10.3M).

The fastest growing export markets for Chemical Analysis Instruments of Spain between 2021 and 2022 were United States ($6.83M), Saudi Arabia ($4.89M), and Germany ($2.44M).

Imports In 2022, Spain imported $909M in Chemical Analysis Instruments, becoming the 17th largest importer of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 115th most imported product in Spain. Spain imports Chemical Analysis Instruments primarily from: Germany ($326M), Netherlands ($128M), United States ($104M), France ($44.8M), and Italy ($35.3M).

The fastest growing import markets in Chemical Analysis Instruments for Spain between 2021 and 2022 were Netherlands ($47.4M), United States ($25.3M), and Ireland ($9.47M).

Latest Trends

February 2024

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Overview In February 2024 Spain's Chemical Analysis Instruments exports accounted up to €17.2M and imports accounted up to €58M, resulting in a negative trade balance of €40.8M. Between February 2023 and February 2024 the exports of Spain's Chemical Analysis Instruments have increased by €1.82M (11.9%) from €15.4M to €17.2M, while imports decreased by €-9.36M (-13.9%) from €67.4M to €58M.

Destinations In February 2024, Chemical Analysis Instruments were exported mostly to Portugal (€2.83M), United States (€1.59M), Italy (€1.19M), China (€1.06M), and France (€864k), and were imported mostly from Germany (€16.3M), United States (€10.6M), Netherlands (€4.85M), France (€3.77M), and China (€2.55M).

Growth In February 2024, the increase in Chemical Analysis Instruments's year-by-year exports was explained primarily by an increase in exports to Italy (€1.15M or 170%), United States (€939k or 115%), and Portugal (€759k or 28.5%). In February 2024, the decrease in Chemical Analysis Instruments's year-by-year imports was explained primarily by a decrease in imports from Germany (€-14.9M or -54.4%), Ireland (€-904k or -83.3%), and China (€-901k or -24.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€1.82M(11.9%)

IMPORT GROWTH (February 2023 - February 2024)€-9.36M(-13.9%)

MAIN EXPORTER (February 2024)Barcelona€9.62M

MAIN DESTINATION (February 2024)Portugal€2.83M

This section shows Chemical Analysis Instruments'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 Chemical Analysis Instruments over time.

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