Barcelona

Province in CataluƱa, Autonomous Community in Spain

Exports (2019): ā‚¬57.2B, Rnk 1/52

Top Destination (2019): ā‚¬8.58B, France

Top Export (2019): ā‚¬3.84B, Medicaments nes, in dosage

Imports (2019): ā‚¬74.1B, Rnk 1/52

Top Origin (2019): ā‚¬13.5B, Germany

Top Import (2019): ā‚¬2.81B, Medium Diesel Engine Cars

Economic Complexity (2019): 0.1, Rnk 6 / 52

Exports: In 2019, Spain's Barcelona exported ā‚¬57.2B, making it the 1st largest exporter out of the 52 exporters in Spain. In 2019 the top exports of Barcelona were Medicaments nes, in dosage (ā‚¬3.84B), Micro Cars (ā‚¬2.81B), Small Sized Cars (ā‚¬1.52B), Motor vehicle parts nes (ā‚¬1.02B), and Medium Diesel Engine Cars (ā‚¬1.02B).

Imports: In 2019, Spain's Barcelona imported ā‚¬74.1B, making it the 1st largest importer out of the 52 importers in Spain. In 2019 top imports of Barcelona were Medium Diesel Engine Cars (ā‚¬2.81B), Medicaments nes, in dosage (ā‚¬2.03B), Small Sized Cars (ā‚¬1.96B), Light petroleum distillates nes (ā‚¬1.71B), and Heterocyclic compounds: n.e.c. in headings no.... (ā‚¬1.3B).

Economic Complexity: In 2019, the highest complexity exports of Barcelona according to the product complexity index (PCI) are Photographic Chemicals (2.17), Metal Lathes (1.86), Silicone (1.81), Photographic Plates (1.67), and Metal Finishing Machines (1.67). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Value
Depth

Top Destination (2019): France, ā‚¬8.58B

Top Product (2019): Medicaments nes, in dosage, ā‚¬3.84B

In 2019 the top export destinations of Barcelona were France (ā‚¬8.58B), Germany (ā‚¬5.82B), Italy (ā‚¬4.78B), Portugal (ā‚¬3.74B), and United Kingdom (ā‚¬3.45B).

In 2019 the top exports of Barcelona were Medicaments nes, in dosage (ā‚¬3.84B), Micro Cars (ā‚¬2.81B), Small Sized Cars (ā‚¬1.52B), Motor vehicle parts nes (ā‚¬1.02B), and Medium Diesel Engine Cars (ā‚¬1.02B).

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): Germany, ā‚¬13.5B

Top Import (2019): Medium Diesel Engine Cars, ā‚¬2.81B

In 2019 the top import origins of Barcelona were Germany (ā‚¬13.5B), China (ā‚¬8.22B), France (ā‚¬6.23B), Italy (ā‚¬5.81B), and Netherlands (ā‚¬3.11B).

In 2019 the top imports of Barcelona were Medium Diesel Engine Cars (ā‚¬2.81B), Medicaments nes, in dosage (ā‚¬2.03B), Small Sized Cars (ā‚¬1.96B), Light petroleum distillates nes (ā‚¬1.71B), and Heterocyclic compounds: n.e.c. in headings no.... (ā‚¬1.3B).

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 Barcelona throughout time.

Comparison Map

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Value

The provinces of Spain with the highest exports in 2019 were Barcelona (ā‚¬57.2B), Madrid (ā‚¬31.2B), Valencia (ā‚¬18B), Zaragoza (ā‚¬11.6B), and La CoruƱa (ā‚¬11B)

The provinces of Spain with the highest imports in 2019 were Barcelona (ā‚¬74.1B), Madrid (ā‚¬64.4B), Valencia (ā‚¬18.7B), Tarragona (ā‚¬14.4B), and Vizcaya (ā‚¬11.7B)

This section shows forecasts for total exports and imports from Barcelona. 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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Barcelona ranks 6th out of the 52 provinces 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. Barcelona it is in position 6th 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 Barcelona already has a comparative advantage, are led by Pure Olive Oil (0.41), Natural Cork Articles (0.41), Knit Men's Coats (0.4), Other Processed Vegetables (0.4), and Toilet Paper (0.4).

Most Complex Products by PCI

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The highest complexity exports of Barcelona according to the product complexity index (PCI) are Photographic Chemicals (2.17), Metal Lathes (1.86), Silicone (1.81), Photographic Plates (1.67), and Metal Finishing Machines (1.67). 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 Leather of Other Animals (24.3), Cigarette Paper (19.7), Synthetic Tanning Extracts (19.3), Animal Fat (15), and Perfumes (14.8).

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 Barcelona 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  Barcelona. These are products that tend to be co-exported with the products that Barcelona exports. Higher relatedness values ā€‹ā€‹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.