HS Icon Diesel powered trucks weighing < 5 tonnes in  Flag Spain

2019
Exports | Imports
: $4.66B | $1.55B, World Rnk 4 / 166
Flag Rnk 7 / 4585 | World Rnk 10 / 217
Flag Rnk 28 / 4561

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $151M | $18.7M, Germany |  South Africa

2019
ECONOMIC COMPLEXITY of Spain
: 0.85, Rnk 33 / 147

2019
PRODUCT COMPLEXITY  IN Diesel powered trucks weighing < 5 tonnes
: 0.033, Rnk 1497 / 2764

Exports: In 2019, Spain exported $4.66B in Diesel powered trucks weighing < 5 tonnes, making it the 4th largest exporter of Diesel powered trucks weighing < 5 tonnes in the world. At the same year, Diesel powered trucks weighing < 5 tonnes was the 7th most exported product in Spain. The main destination of Diesel powered trucks weighing < 5 tonnes exports from Spain are: France ($1.05B), United Kingdom ($968M), Germany ($666M), Belgium ($258M), and Italy ($221M).

The fastest growing export markets for Diesel powered trucks weighing < 5 tonnes of Spain between 2018 and 2019 were Germany ($151M), Mexico ($28.4M), and Canada ($23.6M).

Imports: In 2019, Spain imported $1.55B in Diesel powered trucks weighing < 5 tonnes, becoming the 10th largest importer of Diesel powered trucks weighing < 5 tonnes in the world. At the same year, Diesel powered trucks weighing < 5 tonnes was the 28th most imported product in Spain. Spain imports Diesel powered trucks weighing < 5 tonnes primarily from: France ($502M), South Africa ($257M), Italy ($207M), Germany ($184M), and Turkey ($166M).

The fastest growing import markets in Diesel powered trucks weighing < 5 tonnes for Spain between 2018 and 2019 were South Africa ($18.7M), Netherlands ($7.93M), and Thailand ($1.29M).

Tariffs: In 2017, the average tariff for Spain in Diesel powered trucks weighing < 5 tonnes was 4.44%. The countries with the highest import tariffs for Diesel powered trucks weighing < 5 tonnes were Western Sahara (Most Favoured Nation duty rate treatement, 13.5%), Gabon (Most Favoured Nation duty rate treatement, 13.5%), Libya (Most Favoured Nation duty rate treatement, 13.5%), Mayotte (Most Favoured Nation duty rate treatement, 13.5%), and Reunion (Most Favoured Nation duty rate treatement, 13.5%).

Latest Trends (April 2021)

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Overview: In April 2021 Spain's Diesel powered trucks weighing < 5 tonnes exports accounted up to €348M and imports accounted up to €110M, resulting in a positive trade balance of €238M. Between April 2020 and April 2021 the exports of Spain's   Diesel powered trucks weighing < 5 tonnes have increased by €340M (4.27k%) from €7.96M to €348M, while imports increased by €72.6M (197%) from €37M to €110M.

Destinations: In April 2021, Diesel powered trucks weighing < 5 tonnes were exported mostly to France (€90.4M), United Kingdom (€81.3M), Germany (€47.7M), Italy (€18.4M), and Netherlands (€12.8M), and were imported mostly from South Africa (€36.8M), Turkey (€16.3M), Sweden (€12.8M), Italy (€9.24M), and Morocco (€9.18M).

Growth: In April 2021, the increase in Diesel powered trucks weighing < 5 tonnes's year-by-year exports was explained primarily by an increase in exports to France (€86.9M or 2.47k%), United Kingdom (€80.8M or 15.1k%), and Germany (€46M or 2.57k%). In April 2021, the increase in Diesel powered trucks weighing < 5 tonnes's year-by-year imports was explained primarily by an increase in imports from South Africa (€16.3M or 79.7%), Italy (€8.59M or 1.33k%), and Turkey (€7.93M or 94.5%).

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (April 2020 - April 2021): €340M, (4.27k%)

IMPORT GROWTH (April 2020 - April 2021): €72.6M, (197%)

MAIN EXPORTER (April 2021): Pontevedra, €125M

MAIN DESTINATION (April 2021): France, €90.4M

This section shows Diesel powered trucks weighing < 5 tonnes'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 Diesel powered trucks weighing < 5 tonnes over time.

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Historical Data

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Value

EXPORTS (2019): $4.66B

IMPORTS (2019): $1.55B

NET TRADE (2019): $3.11B

In 2019, Spain exported $4.66B in Diesel powered trucks weighing < 5 tonnes. The main destinations of Spain exports on Diesel powered trucks weighing < 5 tonnes were France ($1.05B), United Kingdom ($968M), Germany ($666M), Belgium ($258M), and Italy ($221M).

In 2019, Spain imported $1.55B in Diesel powered trucks weighing < 5 tonnes, mainly from France ($502M), South Africa ($257M), Italy ($207M), Germany ($184M), and Turkey ($166M).

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IN 2019, Spain HAD A POSITIVE NET TRADE IN Diesel powered trucks weighing < 5 tonnes WITH:

IN 2019, Spain HAD A NEGATIVE NET TRADE IN Diesel powered trucks weighing < 5 tonnes WITH:

Flow

THE FASTEST GROWING Diesel powered trucks weighing < 5 tonnes EXPORT MARKETS FOR Spain WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diesel powered trucks weighing < 5 tonnes BY Spain WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, Spain's main exporting competitors in Diesel powered trucks weighing < 5 tonnes were:

In 2018, Spain's main importing competitors in Diesel powered trucks weighing < 5 tonnes were:

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Tariffs by Country

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In 2017, the average tariff for Spain in Diesel powered trucks weighing < 5 tonnes was 4.44%.

The countries with the highest tariffs for Diesel powered trucks weighing < 5 tonnes in Spain were Western Sahara (Most Favoured Nation duty rate treatement, 13.5%), Gabon (Most Favoured Nation duty rate treatement, 13.5%), Libya (Most Favoured Nation duty rate treatement, 13.5%), Mayotte (Most Favoured Nation duty rate treatement, 13.5%), and Reunion (Most Favoured Nation duty rate treatement, 13.5%).