Ground Nut Oil in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $1.37M in Ground Nut Oil, making it the 17th largest exporter of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1122nd most exported product in Spain. The main destination of Ground Nut Oil exports from Spain are: France ($479k), Belgium ($139k), Germany ($132k), China ($102k), and Canada ($88.8k).

The fastest growing export markets for Ground Nut Oil of Spain between 2021 and 2022 were France ($361k), Belgium ($92.4k), and Luxembourg ($75.8k).

Imports In 2022, Spain imported $2.22M in Ground Nut Oil, becoming the 16th largest importer of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1133rd most imported product in Spain. Spain imports Ground Nut Oil primarily from: Belgium ($1.26M), Germany ($463k), Italy ($246k), France ($157k), and United Kingdom ($64.1k).

The fastest growing import markets in Ground Nut Oil for Spain between 2021 and 2022 were Belgium ($225k), Germany ($121k), and United States ($16.4k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Ground Nut Oil from Spain to the United States.

Latest Trends

January 2024

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Overview In January 2024 Spain's Ground Nut Oil exports accounted up to €71.6k and imports accounted up to €99.7k, resulting in a negative trade balance of €28.2k. Between January 2023 and January 2024 the exports of Spain's Ground Nut Oil have decreased by €-18.5k (-20.6%) from €90.1k to €71.6k, while imports decreased by €-47.7k (-32.4%) from €147k to €99.7k.

Destinations In January 2024, Ground Nut Oil were exported mostly to Germany (€67.9k) and Denmark (€3.65k), and were imported mostly from Belgium (€69.4k), Germany (€19.4k), China (€5.54k), United States (€2.59k), and France (€2.45k).

Growth In January 2024, the decrease in Ground Nut Oil's year-by-year exports was explained primarily by a decrease in exports to . In January 2024, the decrease in Ground Nut Oil's year-by-year imports was explained primarily by a decrease in imports from Germany (€-29.5k or -92.5%) and France (€-5.38k or -62.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-18.5k(-20.6%)

IMPORT GROWTH (January 2023 - January 2024)€-47.7k(-32.4%)

MAIN EXPORTER (January 2024)Barcelona€71.6k

MAIN DESTINATION (January 2024)Germany€67.9k

This section shows Ground Nut Oil'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 Ground Nut Oil over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.37M

IMPORTS (2022)$2.22M

NET TRADE (2022)-$854k

In 2022, Spain exported $1.37M in Ground Nut Oil. The main destinations of Spain exports on Ground Nut Oil were France ($479k), Belgium ($139k), Germany ($132k), China ($102k), and Canada ($88.8k).

In 2022, Spain imported $2.22M in Ground Nut Oil, mainly from Belgium ($1.26M), Germany ($463k), Italy ($246k), France ($157k), and United Kingdom ($64.1k).

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