Aragon

Autonomous Community in Spain

Exports (2019): €13.5B, Rnk 8/18

Top Destination (2019): €2.36B, France

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

Imports (2019): €11.5B, Rnk 8/18

Top Origin (2019): €1.6B, China

Top Import (2019): €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 Aragon, including export and import data.

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

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

Economic Complexity: In 2019, the highest complexity exports of Aragon 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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Value
Depth

Top Destination (2019): France, €2.36B

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

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

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

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Exports Dynamics

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Fastest Growing Exports Destination (Aug 2019 - Aug 2020)

Rapidly Declining Export Origins (Aug 2019 - Aug 2020)

Yearly Imports

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Value
Depth

Top Origin (2019): China, €1.6B

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

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

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

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Imports Dynamics

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Fastest Growing Import Origins (Aug 2019 - Aug 2020)

Rapidly Declining Import Origins (Aug 2019 - Aug 2020)

Comparison in Time

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Flow
Value

This section shows differences between total trade from Aragon throughout time.

This section shows forecasts for total exports and imports from Aragon. 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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Aragon 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. Aragon 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 Aragon 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 Aragon 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 Aragon 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  Aragon. These are products that tend to be co-exported with the products that Aragon 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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Depth
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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.