Other Heating Machinery in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $823M in Other Heating Machinery, making it the 15th largest exporter of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 104th most exported product in Spain. The main destination of Other Heating Machinery exports from Spain are: Germany ($149M), Italy ($89.7M), France ($57.7M), United States ($51.4M), and Portugal ($42.7M).

The fastest growing export markets for Other Heating Machinery of Spain between 2021 and 2022 were Germany ($96.7M), Mexico ($17.9M), and Netherlands ($16.3M).

Imports In 2022, Spain imported $796M in Other Heating Machinery, becoming the 17th largest importer of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 123rd most imported product in Spain. Spain imports Other Heating Machinery primarily from: Italy ($185M), Germany ($139M), China ($107M), France ($47.4M), and Portugal ($35M).

The fastest growing import markets in Other Heating Machinery for Spain between 2021 and 2022 were United Kingdom ($16.7M), Vietnam ($15.7M), and Portugal ($11.6M).

COMPANIES In 2023, leading companies such as ELECTROLUX HOME PRODUCTS INC (3), ROBERT BOSCH LLC (1), and BAXTER HEALTHCARE CORPORATION (1) were at the forefront of shipping Other Heating Machinery from Spain to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Spain's Other Heating Machinery exports accounted up to €91.9M and imports accounted up to €51.7M, resulting in a positive trade balance of €40.2M. Between February 2023 and February 2024 the exports of Spain's Other Heating Machinery have increased by €5.62M (6.52%) from €86.3M to €91.9M, while imports decreased by €-3.98M (-7.15%) from €55.7M to €51.7M.

Destinations In February 2024, Other Heating Machinery were exported mostly to Germany (€28.4M), Italy (€8.05M), United Kingdom (€5.08M), France (€4.97M), and United Arab Emirates (€4.46M), and were imported mostly from Italy (€12.7M), Germany (€8.52M), China (€7.47M), United States (€3.4M), and Portugal (€2.08M).

Growth In February 2024, the increase in Other Heating Machinery's year-by-year exports was explained primarily by an increase in exports to Germany (€16.8M or 177%), United States (€6.59M or 908%), and Costa Rica (€2.28M or 5.32k%). In February 2024, the decrease in Other Heating Machinery's year-by-year imports was explained primarily by a decrease in imports from Portugal (€-759k or -17.8%), United Kingdom (€-754k or -37.1%), and Turkey (€-431k or -46.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€5.62M(6.52%)

IMPORT GROWTH (February 2023 - February 2024)€-3.98M(-7.15%)

MAIN EXPORTER (February 2024)Pontevedra€29M

MAIN DESTINATION (February 2024)Germany€28.4M

This section shows Other Heating Machinery'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 Other Heating Machinery over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$823M

IMPORTS (2022)$796M

NET TRADE (2022)$26.5M

In 2022, Spain exported $823M in Other Heating Machinery. The main destinations of Spain exports on Other Heating Machinery were Germany ($149M), Italy ($89.7M), France ($57.7M), United States ($51.4M), and Portugal ($42.7M).

In 2022, Spain imported $796M in Other Heating Machinery, mainly from Italy ($185M), Germany ($139M), China ($107M), France ($47.4M), and Portugal ($35M).

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