Knit Babies' Garments in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $421M in Knit Babies' Garments, making it the 6th largest exporter of Knit Babies' Garments in the world. At the same year, Knit Babies' Garments was the 209th most exported product in Spain. The main destination of Knit Babies' Garments exports from Spain are: Italy ($65.7M), France ($62.4M), Poland ($52.2M), Portugal ($39.9M), and United States ($24M).

The fastest growing export markets for Knit Babies' Garments of Spain between 2021 and 2022 were Poland ($28.1M), Italy ($21.5M), and France ($11M).

Imports In 2022, Spain imported $483M in Knit Babies' Garments, becoming the 5th largest importer of Knit Babies' Garments in the world. At the same year, Knit Babies' Garments was the 187th most imported product in Spain. Spain imports Knit Babies' Garments primarily from: Bangladesh ($101M), China ($98.8M), Turkey ($39.2M), France ($37.9M), and India ($35.5M).

The fastest growing import markets in Knit Babies' Garments for Spain between 2021 and 2022 were India ($7.44M), Netherlands ($6.58M), and Sri Lanka ($6.39M).

Latest Trends

February 2024

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Overview In February 2024 Spain's Knit Babies' Garments exports accounted up to €33.8M and imports accounted up to €24.1M, resulting in a positive trade balance of €9.66M. Between February 2023 and February 2024 the exports of Spain's Knit Babies' Garments have decreased by €-3.37M (-9.07%) from €37.1M to €33.8M, while imports decreased by €-2.96M (-10.9%) from €27.1M to €24.1M.

Destinations In February 2024, Knit Babies' Garments were exported mostly to Italy (€7.6M), France (€4M), Poland (€3.78M), Portugal (€3.08M), and Greece (€2.12M), and were imported mostly from China (€5.32M), Portugal (€4.76M), Bangladesh (€4.13M), India (€2.26M), and Turkey (€2.15M).

Growth In February 2024, the decrease in Knit Babies' Garments's year-by-year exports was explained primarily by a decrease in exports to Russia (€-480k or -90.7%), South Korea (€-80.2k or -36.4%), and Argentina (€-64.9k or -99.9%). In February 2024, the decrease in Knit Babies' Garments's year-by-year imports was explained primarily by a decrease in imports from Bangladesh (€-2.19M or -29.8%), Morocco (€-1.98M or -68.3%), and China (€-1.33M or -15.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€-3.37M(-9.07%)

IMPORT GROWTH (February 2023 - February 2024)€-2.96M(-10.9%)

MAIN EXPORTER (February 2024)A Coruña€12.6M

MAIN DESTINATION (February 2024)Italy€7.6M

This section shows Knit Babies' Garments'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 Knit Babies' Garments over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$421M

IMPORTS (2022)$483M

NET TRADE (2022)-$62.2M

In 2022, Spain exported $421M in Knit Babies' Garments. The main destinations of Spain exports on Knit Babies' Garments were Italy ($65.7M), France ($62.4M), Poland ($52.2M), Portugal ($39.9M), and United States ($24M).

In 2022, Spain imported $483M in Knit Babies' Garments, mainly from Bangladesh ($101M), China ($98.8M), Turkey ($39.2M), France ($37.9M), and India ($35.5M).

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