Cantabria

Autonomous Community in Spain

Exports (2019): €2.61B, Rnk 14/18

Top Destination (2019): €571M, France

Top Export (2019): €176M, Styrene-butadiene rubber (SBR/XSBR) except latex

Imports (2019): €2.17B, Rnk 14/18

Top Origin (2019): €352M, Germany

Top Import (2019): €79.6M, Ferrous products from direct reduction of...

Economic Complexity (2019): -0.0081, Rnk 7 / 18

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

Exports: In 2019, Spain's Cantabria exported €2.61B, making it the 14th largest exporter out of the 18 exporters in Spain. In 2019 the top exports of Cantabria were Styrene-butadiene rubber (SBR/XSBR) except latex (€176M), Commodities not specified according to kind (€171M), Generators and alternators (€132M), Sheet/film not cellular/reinf polymers of ethylene (€110M), and Bar/rod, alloy steel nes, irregularly wound... (€108M).

Imports: In 2019, Spain's Cantabria imported €2.17B, making it the 14th largest importer out of the 18 importers in Spain. In 2019 top imports of Cantabria were Ferrous products from direct reduction of... (€79.6M), Static converters, nes (€60.2M), Maize except seed corn (€56.5M), Small Sized Cars (€52.9M), and Ferrous waste or scrap, nes (€45.1M).

Economic Complexity: In 2019, the highest complexity exports of Cantabria according to the product complexity index (PCI) are Glass Working Machines (1.65), Vegetable Parchment (1.64), Metalworking Machine Parts (1.53), Transmissions (1.49), and Electric Furnaces (1.39). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Value
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Top Destination (2019): France, €571M

Top Product (2019): Styrene-butadiene rubber (SBR/XSBR) except latex, €176M

In 2019 the top export destinations of Cantabria were France (€571M), Germany (€386M), Italy (€193M), United Kingdom (€169M), and Portugal (€161M).

In 2019 the top exports of Cantabria were Styrene-butadiene rubber (SBR/XSBR) except latex (€176M), Commodities not specified according to kind (€171M), Generators and alternators (€132M), Sheet/film not cellular/reinf polymers of ethylene (€110M), and Bar/rod, alloy steel nes, irregularly wound... (€108M).

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Export Dynamics

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Fastest Growing Exports Destination (August 2019 - August 2020)

Rapidly Declining Export Origins (August 2019 - August 2020)

Yearly Imports

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Top Origin (2019): Germany, €352M

Top Import (2019): Ferrous products from direct reduction of..., €79.6M

In 2019 the top import origins of Cantabria were Germany (€352M), France (€193M), Japan (€138M), China (€135M), and Finland (€126M).

In 2019 the top imports of Cantabria were Ferrous products from direct reduction of... (€79.6M), Static converters, nes (€60.2M), Maize except seed corn (€56.5M), Small Sized Cars (€52.9M), and Ferrous waste or scrap, nes (€45.1M).

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Import Dynamics

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Fastest Growing Import Origins (August 2019 - August 2020)

Rapidly Declining Import Origins (August 2019 - August 2020)

Comparison in Time

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

This section shows forecasts for total exports and imports from Cantabria. 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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Cantabria ranks 7th 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. Cantabria it is in position 7th 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 Cantabria already has a comparative advantage, are led by Non-fillet Fresh Fish (0.16), Marble, Travertine and Alabaster (0.16), Other Cast Iron Products (0.16), Seats (0.16), and Non-Retail Synthetic Staple Fibers Yarn (0.16).

Most Complex Products by PCI

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The highest complexity exports of Cantabria according to the product complexity index (PCI) are Glass Working Machines (1.65), Vegetable Parchment (1.64), Metalworking Machine Parts (1.53), Transmissions (1.49), and Electric Furnaces (1.39). 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 Cast Iron Pipes (200), Steel Bars (128), Carbonates (110), Plaster Articles (103), and Hot-Rolled Iron Bars (85.5).

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