Arag贸n

Autonomous Community in Spain

Exports (2019): 鈧13.5B, Rnk 8/18

Top Destination (2019): 鈧2.36B, France

Top Export (2019): 鈧3.13B, Small Sized Cars

Imports (2019): 鈧11.5B, Rnk 8/18

Top Origin (2019): 鈧1.6B, China

Top Import (2019): 鈧353M, Ignition/other wiring sets for vehicles/aircraft/ship

Economic Complexity (2019): -0.14, Rnk 9 / 18

Overview: This page contains the latest international trade data for Arag贸n, including export and import data.

Exports: In 2019, Spain's Arag贸n exported 鈧13.5B, making it the 8th largest exporter out of the 18 exporters in Spain. In 2019 the top exports of Arag贸n were Small Sized Cars (鈧3.13B), Swine cuts, frozen nes (鈧401M), Small Diesel Engine Cars (鈧367M), Swine cuts, fresh or chilled, nes (鈧365M), and Electric cooking, grilling & roasting equipment... (鈧343M).

Imports: In 2019, Spain's Arag贸n imported 鈧11.5B, making it the 8th largest importer out of the 18 importers in Spain. In 2019 top imports of Arag贸n were Ignition/other wiring sets for vehicles/aircraft/ship (鈧353M), Pullovers, cardigans etc of manmade fibres,... (鈧271M), Womens, girls trousers & shorts, of... (鈧262M), Engines, spark-ignition reciprocating, over 1000 cc (鈧238M), and Motor vehicle parts nes (鈧201M).

Economic Complexity: In 2019, the highest complexity exports of Arag贸n according to the product complexity index (PCI) are Glass with Edge Workings (1.78), Metalworking Machines (1.67), Polyamides (1.65), Other Inorganic Acids Salts (1.41), and Gaskets (1.38). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Top Destination (2019): France, 鈧2.36B

Top Product (2019): Small Sized Cars, 鈧3.13B

In 2019 the top export destinations of Arag贸n were France (鈧2.36B), Germany (鈧1.94B), Italy (鈧1.36B), United Kingdom (鈧942M), and Portugal (鈧800M).

In 2019 the top exports of Arag贸n were Small Sized Cars (鈧3.13B), Swine cuts, frozen nes (鈧401M), Small Diesel Engine Cars (鈧367M), Swine cuts, fresh or chilled, nes (鈧365M), and Electric cooking, grilling & roasting equipment... (鈧343M).

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Export Dynamics

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Fastest Growing Exports Destination (June 2019 - June 2020)

Rapidly Declining Export Origins (June 2019 - June 2020)

Yearly Imports

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Top Origin (2019): China, 鈧1.6B

Top Import (2019): Ignition/other wiring sets for vehicles/aircraft/ship, 鈧353M

In 2019 the top import origins of Arag贸n were China (鈧1.6B), France (鈧1.38B), Germany (鈧1.33B), Morocco (鈧1.11B), and Turkey (鈧953M).

In 2019 the top imports of Arag贸n were Ignition/other wiring sets for vehicles/aircraft/ship (鈧353M), Pullovers, cardigans etc of manmade fibres,... (鈧271M), Womens, girls trousers & shorts, of... (鈧262M), Engines, spark-ignition reciprocating, over 1000 cc (鈧238M), and Motor vehicle parts nes (鈧201M).

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Import Dynamics

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Fastest Growing Import Origins (June 2019 - June 2020)

Rapidly Declining Import Origins (June 2019 - June 2020)

Comparison in Time

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This section shows differences between total trade from Arag贸n throughout time.

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

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Economic Complexity

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Economic Complexity of Spain

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Arag贸n ranks 9th out of the 18 autonomous communities in Spain according to ECI.

Estimated using exports data.

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Economic Complexity Ranking

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Scale

The economic complexity of a territory can change year to year. Arag贸n it is in position 9th considering its ECI in the last year.

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Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Arag贸n already has a comparative advantage, are led by Non-Knit Men's Suits (0.22), Non-Knit Men's Undergarments (0.22), Bedspreads (0.22), Non-Knit Men's Shirts (0.22), and Packing Bags (0.22).

Most Complex Products by PCI

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The highest complexity exports of Arag贸n according to the product complexity index (PCI) are Glass with Edge Workings (1.78), Metalworking Machines (1.67), Polyamides (1.65), Other Inorganic Acids Salts (1.41), and Gaskets (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 Pig Meat (40.7), Animal Fat (38.6), Hydrogen peroxide (35.7), Pitted Fruits (29.8), and Forage Crops (29).

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 Arag贸n 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  Arag贸n. These are products that tend to be co-exported with the products that Arag贸n exports. Higher relatedness values 鈥嬧媔ndicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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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.