AlavaProvince in Basque Country, Autonomous Community in Spain
2020 Economic Complexity : 0.34, Rank 2 of 48
Oct 2022 Trade Exports | Imports: €871M | €462M, 11 of 53 | 22 of 53
Oct 2022 Country Destination | Origin: Germany | Germany , €262M | €125M
Oct 2022 Product Exports | Imports: Medium Diesel Cars | Engines, diesel, for motor vehicles , €261M | €44.9M
Overview This page contains the latest international trade data for Alava. In October 2022 Alava was the number 14 in total exports and the number 20 in total imports in Spain.
Exports In 2021, Spain's Alava exported €7.33B, making it the 14th largest exporter out of the 52 exporters in Spain. In 2021 the top exports of Alava were Medium Diesel Cars (€1.65B), Diesel Trucks < 5 tonnes (€1.27B), Other Motor vehicle parts (€285M), Electric motor Vehicles (€264M), and Pneumatic tyres new of rubber for... (€237M).
Imports In 2021, Spain's Alava imported €4.54B, making it the 20th largest importer out of the 52 importers in Spain. In 2021 top imports of Alava were Engines, diesel, for motor vehicles (€438M), Transmissions for motor vehicles (€181M), Other Motor vehicle parts (€124M), Electric accumulators: lithium-ion, including separators, whether... (€111M), and Ignition/other wiring sets for vehicles/aircraft/ship (€87.7M).
Economic Complexity In 2020, the highest complexity exports of Alava according to the product complexity index (PCI) are Delivery Trucks (0.74), Iron Railway Products (0.53), Metal Stoppers (0.14), Other Iron Bars (0.054), and Iron Pipes (0.045). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
October, 2022
Overview In October 2022 Alava exported €871M and imported €462M, resulting in a positive trade balance of €409M. Between October 2021 and October 2022 the exports of Alava have increased by $187M (27.3%) from €684M to €871M, while imports increased by €39.4M (9.34%) from €422M to €462M.
Trade In October 2022, the top exports of Alava were Cars (€298M), Delivery Trucks (€150M), Iron Pipes (€55.9M), Motor vehicles; parts and accessories (8701... (€50M), and Rubber Tires (€37.5M). In October 2022 the top imports of Alava were Combustion Engines (€44.9M), Motor vehicles; parts and accessories (8701... (€37.1M), Electric Batteries (€35.3M), Insulated Wire (€12.5M), and Iron Pipes (€8.58M).
Destinations In October 2022, Alava exported mostly to Germany (€262M), France (€88.2M), United States (€53.6M), United Kingdom (€50.2M), and Italy (€35.9M), and imported mostly from Germany (€125M), China (€61.6M), France (€52.1M), Italy (€29.1M), and Netherlands (€22.7M).
Growth In October 2022, the increase in Alava's year-by-year exports was explained primarily by an increase in exports to Belgium (€8.04M or 39.7%), Russia (€7.91M or 69.4%), and Norway (€6.7M or 106%), and product exports increase in Delivery Trucks (€16.5M or 13.5%), Copper Wire (€2.14M or 5.5k%), and Plastic Pipes (€2M or 52.5%). In October 2022, the increase in Alava's year-by-year imports was explained primarily by an increase in imports from Thailand (€2.85M or 435%), China (€1.59M or 8.21%), and Germany (€1.19M or 1.2%), and product imports increase in Combustion Engines (€5.98M or 19.5%), Electric Motors (€3.81M or 212%), and Sports Equipment (€2.68M or 233%).
EXPORT GROWTH (October 2021 - October 2022): €187M, (27.3%)
IMPORT GROWTH (October 2021 - October 2022): €39.4M, (9.34%)
This section shows exports and imports data at subnational level for Alava. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of Alava over time.
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Top Destination (2021): Germany, €2.07B
Top Product (2021): Medium Diesel Cars, €1.65B
In 2021 the top export destinations of Alava were Germany (€2.07B), France (€1.09B), United Kingdom (€397M), Portugal (€325M), and Belgium (€311M).
In 2021 the top exports of Alava were Medium Diesel Cars (€1.65B), Diesel Trucks < 5 tonnes (€1.27B), Other Motor vehicle parts (€285M), Electric motor Vehicles (€264M), and Pneumatic tyres new of rubber for... (€237M).
Top Origin (2021): Germany, €1.46B
Top Import (2021): Engines, diesel, for motor vehicles, €438M
In 2021 the top import origins of Alava were Germany (€1.46B), France (€584M), China (€372M), Italy (€287M), and Poland (€181M).
In 2021 the top imports of Alava were Engines, diesel, for motor vehicles (€438M), Transmissions for motor vehicles (€181M), Other Motor vehicle parts (€124M), Electric accumulators: lithium-ion, including separators, whether... (€111M), and Ignition/other wiring sets for vehicles/aircraft/ship (€87.7M).
Economic Complexity (2021): 0.34
Alava ranks 2nd out of the 52 provinces in Spain according to ECI.
The Economic Complexity Index, or ECI, is a measure of an economy’s capacity which can be inferred from data connecting locations to the activities that are present in them. For more info about Economic Complexity, visit the Economic Complexity page.
Estimated using exports data.
The economic complexity of a territory can change year to year. Alava it is in position 2nd considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Alava already has a comparative advantage, are led by Large Flat-Rolled Iron (0.15), Electric Soldering Equipment (0.15), Interchangeable Tool Parts (0.15), Electrical Lighting and Signalling Equipment (0.15), and Vehicle Bodies (including cabs) for the... (0.15).
The highest complexity exports of Alava according to the product complexity index (PCI) are Delivery Trucks (0.74), Iron Railway Products (0.53), Metal Stoppers (0.14), Other Iron Bars (0.054), and Iron Pipes (0.045). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The most specialized products according to the RCA index are led by Legume Flours (38.4), Natural Cork Articles (33.7), Iron Railway Products (30.9), Other Iron Bars (29.6), and Metal Stoppers (27.8).
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 Alava 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.
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. Bubble size corresponds to exports value by year 2020.
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