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2022
Exports $54.6MWorld Rnk 7 / 58
Flag Rnk 627 / 1214
2022
Destination $15M Belgium
2021 - 2022
FASTEST GROWING MARKET $15MBelgium
2022
PRODUCT COMPLEXITY IN Electric Locomotives1.09Rnk 138 / 1025
2022
Imports $190MWorld Rnk 1 / 110
Flag Rnk 375 / 1214
2022
Origin $188M Italy
2021 - 2022
FASTEST GROWING ORIGIN $188MItaly
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $54.6M in Electric Locomotives, making it the 7th largest exporter of Electric Locomotives in the world. At the same year, Electric Locomotives was the 627th most exported product in Spain. The main destination of Electric Locomotives exports from Spain are: Belgium ($15M), Sweden ($14.3M), Singapore ($11.1M), United Kingdom ($6.89M), and Australia ($5.11M).

The fastest growing export markets for Electric Locomotives of Spain between 2021 and 2022 were Belgium ($15M), Sweden ($14.3M), and Australia ($5.11M).

Imports In 2022, Spain imported $190M in Electric Locomotives, becoming the 1st largest importer of Electric Locomotives in the world. At the same year, Electric Locomotives was the 375th most imported product in Spain. Spain imports Electric Locomotives primarily from: Italy ($189M), Netherlands ($289k), United Kingdom ($271k), France ($260k), and Germany ($115k).

The fastest growing import markets in Electric Locomotives for Spain between 2021 and 2022 were Italy ($188M), France ($165k), and Netherlands ($30.8k).

Latest Trends

February 2024

About

Overview In February 2024 Spain's Electric Locomotives exports accounted up to €1.15k and imports accounted up to €25.4k, resulting in a negative trade balance of €24.3k. Between January 2023 and February 2024 the exports of Spain's   Electric Locomotives have decreased by €-27.5k (-96%) from €28.7k to €1.15k, while imports decreased by €-13.8M (-99.8%) from €13.8M to €25.4k.

Destinations In February 2024, Electric Locomotives were exported mostly to United Kingdom (€600) and Portugal (€545), and were imported mostly from Italy (€6.45k), Netherlands (€5.42k), Romania (€3.97k), Lithuania (€3.64k), and France (€2.36k).

Growth In February 2024, the decrease in Electric Locomotives's year-by-year exports was explained primarily by a decrease in exports to . In February 2024, the decrease in Electric Locomotives's year-by-year imports was explained primarily by a decrease in imports from France (€-7.84k or -86.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - February 2024)€-27.5k(-96%)
IMPORT GROWTH (February 2023 - February 2024)€-13.8M(-99.8%)
MAIN EXPORTER (February 2024)Madrid€114k
MAIN DESTINATION (February 2024)United Kingdom€600

This section shows Electric Locomotives'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 Electric Locomotives over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$54.6M
IMPORTS (2022)$190M
NET TRADE (2022)-$135M

In 2022, Spain exported $54.6M in Electric Locomotives. The main destinations of Spain exports on Electric Locomotives were Belgium ($15M), Sweden ($14.3M), Singapore ($11.1M), United Kingdom ($6.89M), and Australia ($5.11M).

In 2022, Spain imported $190M in Electric Locomotives, mainly from Italy ($189M), Netherlands ($289k), United Kingdom ($271k), France ($260k), and Germany ($115k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Locomotives EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Belgium$15M (1%)
Sweden$14.3M (1%)
Australia$5.11M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Locomotives BY Spain WERE (2021 - 2022):
Singapore-$70.8M (-86.5%)
Uzbekistan-$24.6M (-100%)
Russia-$24.4M (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Electric Locomotives were:
Germany $477M
Italy $208M
China $170M
In 2022, Spain's main importing competitors in Electric Locomotives were:
Czechia $123M
Austria $112M

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Trade Value of Electric Locomotives by Exporters

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