Office Machine Parts in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $732M in Office Machine Parts, making it the 29th largest exporter of Office Machine Parts in the world. At the same year, Office Machine Parts was the 124th most exported product in Spain. The main destination of Office Machine Parts exports from Spain are: Portugal ($153M), Germany ($123M), France ($86.5M), Italy ($52.4M), and Netherlands ($39.8M).

The fastest growing export markets for Office Machine Parts of Spain between 2021 and 2022 were United Kingdom ($15.3M), Romania ($5.09M), and Morocco ($3.07M).

Imports In 2022, Spain imported $2.43B in Office Machine Parts, becoming the 26th largest importer of Office Machine Parts in the world. At the same year, Office Machine Parts was the 27th most imported product in Spain. Spain imports Office Machine Parts primarily from: China ($549M), Netherlands ($427M), Germany ($408M), Czechia ($166M), and Ireland ($108M).

The fastest growing import markets in Office Machine Parts for Spain between 2021 and 2022 were China ($104M), Poland ($60.6M), and Vietnam ($18.3M).

Latest Trends

February 2024

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Overview In February 2024 Spain's Office Machine Parts exports accounted up to €21.6M and imports accounted up to €48.6M, resulting in a negative trade balance of €27M. Between February 2023 and February 2024 the exports of Spain's Office Machine Parts have increased by €2.74M (14.5%) from €18.9M to €21.6M, while imports decreased by €-12.1M (-19.9%) from €60.7M to €48.6M.

Destinations In February 2024, Office Machine Parts were exported mostly to Germany (€3.86M), Portugal (€3.68M), France (€3.38M), Italy (€1.48M), and Poland (€1.24M), and were imported mostly from Germany (€12.9M), China (€11.4M), Netherlands (€6.71M), Italy (€3.07M), and United States (€1.63M).

Growth In February 2024, the increase in Office Machine Parts's year-by-year exports was explained primarily by an increase in exports to France (€999k or 58.3%), Turkey (€289k or 743%), and Poland (€274k or 48.4%). In February 2024, the decrease in Office Machine Parts's year-by-year imports was explained primarily by a decrease in imports from Italy (€-16.1M or -91.4%), Netherlands (€-10.1M or -63.3%), and Philippines (€-849k or -80.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€2.74M(14.5%)

IMPORT GROWTH (February 2023 - February 2024)€-12.1M(-19.9%)

MAIN EXPORTER (February 2024)Madrid€10.3M

MAIN DESTINATION (February 2024)Germany€3.86M

This section shows Office Machine Parts'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 Office Machine Parts over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$732M

IMPORTS (2022)$2.43B

NET TRADE (2022)-$1.7B

In 2022, Spain exported $732M in Office Machine Parts. The main destinations of Spain exports on Office Machine Parts were Portugal ($153M), Germany ($123M), France ($86.5M), Italy ($52.4M), and Netherlands ($39.8M).

In 2022, Spain imported $2.43B in Office Machine Parts, mainly from China ($549M), Netherlands ($427M), Germany ($408M), Czechia ($166M), and Ireland ($108M).

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