Peat in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $16.6M in Peat, making it the 16th largest exporter of Peat in the world. At the same year, Peat was the 847th most exported product in Spain. The main destination of Peat exports from Spain are: Morocco ($7.61M), Portugal ($2.9M), France ($902k), Chile ($871k), and Netherlands ($719k).

The fastest growing export markets for Peat of Spain between 2021 and 2022 were Morocco ($3.23M), Chile ($746k), and Peru ($474k).

Imports In 2022, Spain imported $58.2M in Peat, becoming the 9th largest importer of Peat in the world. At the same year, Peat was the 645th most imported product in Spain. Spain imports Peat primarily from: Germany ($18M), Estonia ($12.7M), Latvia ($11.7M), Netherlands ($7.24M), and Lithuania ($3.92M).

The fastest growing import markets in Peat for Spain between 2021 and 2022 were Estonia ($808k), Russia ($352k), and Finland ($199k).

Latest Trends

February 2024

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Overview In February 2024 Spain's Peat exports accounted up to €736k and imports accounted up to €4.96M, resulting in a negative trade balance of €4.22M. Between February 2023 and February 2024 the exports of Spain's Peat have increased by €287k (64%) from €449k to €736k, while imports increased by €473k (10.5%) from €4.48M to €4.96M.

Destinations In February 2024, Peat were exported mostly to Morocco (€382k), Portugal (€207k), France (€77.1k), Germany (€20.2k), and Chile (€15.6k), and were imported mostly from Germany (€1.85M), Latvia (€889k), Estonia (€714k), Netherlands (€694k), and Lithuania (€335k).

Growth In February 2024, the increase in Peat's year-by-year exports was explained primarily by an increase in exports to France (€36.8k or 59.7%), United Kingdom (€6.93k or 85.2%), and Italy (€2.81k or 1.41k%). In February 2024, the increase in Peat's year-by-year imports was explained primarily by an increase in imports from Latvia (€465k or 59.7%), Ireland (€38.7k or 52.2%), and Lithuania (€6.41k or 2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€287k(64%)

IMPORT GROWTH (February 2023 - February 2024)€473k(10.5%)

MAIN EXPORTER (February 2024)Almería€489k

MAIN DESTINATION (February 2024)Morocco€382k

This section shows Peat'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 Peat over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$16.6M

IMPORTS (2022)$58.2M

NET TRADE (2022)-$41.5M

In 2022, Spain exported $16.6M in Peat. The main destinations of Spain exports on Peat were Morocco ($7.61M), Portugal ($2.9M), France ($902k), Chile ($871k), and Netherlands ($719k).

In 2022, Spain imported $58.2M in Peat, mainly from Germany ($18M), Estonia ($12.7M), Latvia ($11.7M), Netherlands ($7.24M), and Lithuania ($3.92M).

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