Comunidad Valenciana

Autonomous Community in Spain

Exports (2019): €31.2B, Rnk 4/18

Top Destination (2019): €4.33B, Germany

Top Export (2019): €2.14B, Medium Diesel Engine Cars

Imports (2019): €28.4B, Rnk 4/18

Top Origin (2019): €3.67B, China

Top Import (2019): €2.08B, Petroleum oils, oils from bituminous minerals,...

Economic Complexity (2019): -0.25, Rnk 11 / 18

Exports: In 2019, Spain's Comunidad Valenciana exported €31.2B, making it the 4th largest exporter out of the 18 exporters in Spain. In 2019 the top exports of Comunidad Valenciana were Medium Diesel Engine Cars (€2.14B), Small Sized Cars (€1.73B), Ceramic tiles; flags and paving, hearth... (€1.41B), Medium Sized Cars (€878M), and Ceramic tiles; flags and paving, hearth... (€843M).

Imports: In 2019, Spain's Comunidad Valenciana imported €28.4B, making it the 4th largest importer out of the 18 importers in Spain. In 2019 top imports of Comunidad Valenciana were Petroleum oils, oils from bituminous minerals,... (€2.08B), Vehicles; with both spark-ignition internal combustion... (€1.3B), Transmissions for motor vehicles (€402M), Engines, diesel, for motor vehicles (€359M), and Parts and accessories of bodies nes... (€354M).

Economic Complexity: In 2019, the highest complexity exports of Comunidad Valenciana according to the product complexity index (PCI) are Polyamides (1.65), Self-Propelled Rail Transport (1.53), Flat Flat-Rolled Steel (1.45), Electric Furnaces (1.39), and Other Paper Machinery (1.38). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Value
Depth

Top Destination (2019): Germany, €4.33B

Top Product (2019): Medium Diesel Engine Cars, €2.14B

In 2019 the top export destinations of Comunidad Valenciana were Germany (€4.33B), France (€3.7B), United Kingdom (€2.57B), Italy (€2.5B), and United States (€2.44B).

In 2019 the top exports of Comunidad Valenciana were Medium Diesel Engine Cars (€2.14B), Small Sized Cars (€1.73B), Ceramic tiles; flags and paving, hearth... (€1.41B), Medium Sized Cars (€878M), and Ceramic tiles; flags and paving, hearth... (€843M).

Export Dynamics

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Fastest Growing Exports Destination (March 2019 - March 2020)

Rapidly Declining Export Origins (March 2019 - March 2020)

Value
Depth

Top Origin (2019): China, €3.67B

Top Import (2019): Petroleum oils, oils from bituminous minerals,..., €2.08B

In 2019 the top import origins of Comunidad Valenciana were China (€3.67B), Germany (€2.66B), Italy (€2.03B), France (€1.93B), and United Kingdom (€1.69B).

In 2019 the top imports of Comunidad Valenciana were Petroleum oils, oils from bituminous minerals,... (€2.08B), Vehicles; with both spark-ignition internal combustion... (€1.3B), Transmissions for motor vehicles (€402M), Engines, diesel, for motor vehicles (€359M), and Parts and accessories of bodies nes... (€354M).

Import Dynamics

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Fastest Growing Import Origins (March 2019 - March 2020)

Rapidly Declining Import Origins (March 2019 - March 2020)

Comparison in Time

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Flow
Value

This section shows differences between total trade from Comunidad Valenciana throughout time.

Comparison Map

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Value

The autonomous communities of Spain with the highest exports in 2019 were Cataluña (€73.9B), Andalucía (€31.7B), Comunidad De Madrid (€31.2B), Comunidad Valenciana (€31.2B), and País Vasco (€25.4B)

The autonomous communities of Spain with the highest imports in 2019 were Cataluña (€92.4B), Comunidad De Madrid (€64.4B), Andalucía (€30.6B), Comunidad Valenciana (€28.4B), and País Vasco (€20.1B)

This section shows forecasts for total exports and imports from Comunidad Valenciana. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

Explore Forecasts

Economic Complexity

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Economic Complexity of Spain

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Comunidad Valenciana ranks 11th out of the 18 autonomous communities in Spain according to ECI.

Estimated using exports data.

Economic Complexity Ranking

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Scale

The economic complexity of a territory can change year to year. Comunidad Valenciana it is in position 11th considering its ECI in the last year.

Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Comunidad Valenciana already has a comparative advantage, are led by Tropical Fruits (0.31), Gypsum (0.31), Raw Iron Bars (0.3), Wheat Flours (0.3), and Curbstones (0.3).

Most Complex Products by PCI

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The highest complexity exports of Comunidad Valenciana according to the product complexity index (PCI) are Polyamides (1.65), Self-Propelled Rail Transport (1.53), Flat Flat-Rolled Steel (1.45), Electric Furnaces (1.39), and Other Paper Machinery (1.38). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

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The most specialized products according to the RCA index are led by Unglazed Ceramics (118), Prepared Pigments (109), Citrus (80), Leather of Other Animals (29.9), and Legume Flours (27.2).

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since Comunidad Valenciana is more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.

Relatedness Space

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This network shows the products most related to the production structure of  Comunidad Valenciana. These are products that tend to be co-exported with the products that Comunidad Valenciana exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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Filter
Depth

The Complexity-Relatedness diagram compares the risk and the strategic value of a territory's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.