La Coruña

Province in Galicia, Autonomous Community in Spain

Exports (2019): €11B, Rnk 5/52

Top Destination (2019): €1.6B, France

Top Export (2019): €574M, Petroleum spirit for motor vehicles

Imports (2019): €7.89B, Rnk 11/52

Top Origin (2019): €804M, Libya

Top Import (2019): €2.28B, Petroleum oils, oils from bituminous minerals,...

Economic Complexity (2019): -0.5, Rnk 46 / 52

Exports: In 2019, Spain's La Coruña exported €11B, making it the 5th largest exporter out of the 52 exporters in Spain. In 2019 the top exports of La Coruña were Petroleum spirit for motor vehicles (€574M), Womens, girls trousers & shorts, of... (€487M), Light petroleum distillates nes (€440M), Pullovers, cardigans etc of manmade fibres,... (€401M), and Mens, boys trousers & shorts, of... (€352M).

Imports: In 2019, Spain's La Coruña imported €7.89B, making it the 11th largest importer out of the 52 importers in Spain. In 2019 top imports of La Coruña were Petroleum oils, oils from bituminous minerals,... (€2.28B), Tuna, skipjack, bonito, prepared/preserved, not mince (€318M), Natural gas, liquefied (€241M), Rectangular iron or non-alloy steel bars,... (€190M), and Light petroleum distillates nes (€180M).

Economic Complexity: In 2019, the highest complexity exports of La Coruña according to the product complexity index (PCI) are Motor-working Tools (1.56), Artificial Graphite (1.16), Non-woven Textiles (1.05), Iron Pipe Fittings (0.96), and Metal Mountings (0.89). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Value
Depth

Top Destination (2019): France, €1.6B

Top Product (2019): Petroleum spirit for motor vehicles, €574M

In 2019 the top export destinations of La Coruña were France (€1.6B), Portugal (€1.23B), Italy (€1.12B), Netherlands (€827M), and United Kingdom (€770M).

In 2019 the top exports of La Coruña were Petroleum spirit for motor vehicles (€574M), Womens, girls trousers & shorts, of... (€487M), Light petroleum distillates nes (€440M), Pullovers, cardigans etc of manmade fibres,... (€401M), and Mens, boys trousers & shorts, of... (€352M).

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): Libya, €804M

Top Import (2019): Petroleum oils, oils from bituminous minerals,..., €2.28B

In 2019 the top import origins of La Coruña were Libya (€804M), Mexico (€723M), Portugal (€657M), Turkey (€534M), and China (€432M).

In 2019 the top imports of La Coruña were Petroleum oils, oils from bituminous minerals,... (€2.28B), Tuna, skipjack, bonito, prepared/preserved, not mince (€318M), Natural gas, liquefied (€241M), Rectangular iron or non-alloy steel bars,... (€190M), and Light petroleum distillates nes (€180M).

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 La Coruña throughout time.

Comparison Map

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Value

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

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

This section shows forecasts for total exports and imports from La Coruña. 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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La Coruña ranks 46th 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. La Coruña it is in position 46th 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 La Coruña already has a comparative advantage, are led by Packing Bags (0.24), Crustaceans (0.22), Footwear Parts (0.22), Locust beans, seaweed, sugar beet, cane,... (0.22), and Non-Retail Pure Cotton Yarn (0.21).

Most Complex Products by PCI

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The highest complexity exports of La Coruña according to the product complexity index (PCI) are Motor-working Tools (1.56), Artificial Graphite (1.16), Non-woven Textiles (1.05), Iron Pipe Fittings (0.96), and Metal Mountings (0.89). 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 Quartz (63.4), Carbon-based Electronics (61.2), Carded Wool or Animal Hair Fabric (51.8), Processed Fish (44.7), and Knit Women's Coats (37.2).

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 La Coruña 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  La Coruña. These are products that tend to be co-exported with the products that La Coruña 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.