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Where does Spain get its steel? Import sources 2024

In 2024, Spain imported $8.9 billion of steel (9.7 million tonnes), 2.5% of the world total. Its main sources were France (15%), Germany (13%) and Italy (8%). Spain was the world’s 13th-largest importer of steel.

Summary

Value
$8.9billion
Tonnes
9.7million tonnes
Share of world total
2.5%
World rank
13th
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
France1.3Tonnes: 1,481,134USD per tonne: $89114.9%Sea
Germany1.2Tonnes: 1,000,931USD per tonne: $1,15813.1%Sea
Italy0.7Tonnes: 517,300USD per tonne: $1,3618%Sea
Portugal0.64Tonnes: 900,132USD per tonne: $7147.3%Sea
Vietnam0.48Tonnes: 621,146USD per tonne: $7705.4%Sea
India0.48Tonnes: 570,673USD per tonne: $8365.4%Sea
South Korea0.44Tonnes: 470,142USD per tonne: $9465%Sea
Taiwan0.41Tonnes: 502,826USD per tonne: $8254.7%Sea
Turkey0.39Tonnes: 536,718USD per tonne: $7274.4%Sea
Netherlands re-exports0.39Tonnes: 370,745USD per tonne: $1,0394.4%Sea
Japan0.3Tonnes: 438,099USD per tonne: $6883.4%Sea
China0.29Tonnes: 305,429USD per tonne: $9583.3%Sea
Belgium re-exports0.29Tonnes: 287,379USD per tonne: $1,0073.3%Sea
Egypt0.27Tonnes: 427,339USD per tonne: $6323.1%Sea
United Kingdom0.25Tonnes: 231,379USD per tonne: $1,0752.8%Sea
Indonesia0.16Tonnes: 263,181USD per tonne: $6221.9%Sea
Sweden0.12Tonnes: 99,445USD per tonne: $1,2381.4%Sea
Austria0.11Tonnes: 79,027USD per tonne: $1,3351.2%Sea
Finland0.1Tonnes: 75,509USD per tonne: $1,2381.1%Sea
South Africa0.08Tonnes: 25,404USD per tonne: $2,9870.86%Sea

Trend

Who it buys from

France was its main source throughout the period

Value in USD billions. The five largest sources in 2024.

  • France 1.3
  • Germany 1.2
  • Italy 0.7
  • Portugal 0.64
  • Vietnam 0.48

Source: CEPII BACI

Show the numbers
Partner19952024
France0.671.3
Germany0.541.2
Italy0.280.7
Portugal0.10.64
Vietnam00.48

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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