Cantabria

Autonomous Community in Spain

2019
Economic
Complexity
: 0.036, Rank 6 of 18

Jan 2021
Trade
Exports | Imports
: €192M | €155M, 14 of 19 | 15 of 19

Jan 2021
Country
Destination | Origin
: France | Germany , €44.3M  | €22.7M

Jan 2021
Product
Exports | Imports
: Electric Motors | Cars , €23.5M  | €18.9M

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

Exports: In 2020, Spain's Cantabria exported €2.47B, making it the 13th largest exporter out of the 18 exporters in Spain. In 2020 the top exports of Cantabria were Commodities not specified according to kind (€175M), Styrene-butadiene rubber (SBR/XSBR) except latex (€132M), DC motors, DC generators, of an... (€120M), Sheet/film not cellular/reinf polymers of ethylene (€117M), and Generators and alternators (€84M).

Imports: In 2020, Spain's Cantabria imported €1.78B, making it the 14th largest importer out of the 18 importers in Spain. In 2020 top imports of Cantabria were Static converters, nes (€79.4M), Ferrous waste or scrap, nes (€63.8M), Maize except seed corn (€51.4M), Ferrous products from direct reduction of... (€49.2M), and Small Sized Cars (€40.5M).

Economic Complexity: In 2019, the highest complexity exports of Cantabria according to the product complexity index (PCI) are Glass Working Machines (1.64), Transmissions (1.59), Vegetable Parchment (1.58), Metalworking Machine Parts (1.43), and Electric Furnaces (1.4). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

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Flow
Value

This section shows the differences between Cantabria's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit Spain's country profile.

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Yearly Exports

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Value
Depth

Top Destination (2020): France, €558M

Top Product (2020): Commodities not specified according to kind, €175M

In 2020 the top export destinations of Cantabria were France (€558M), Germany (€367M), Italy (€156M), United Kingdom (€146M), and Portugal (€127M).

In 2020 the top exports of Cantabria were Commodities not specified according to kind (€175M), Styrene-butadiene rubber (SBR/XSBR) except latex (€132M), DC motors, DC generators, of an... (€120M), Sheet/film not cellular/reinf polymers of ethylene (€117M), and Generators and alternators (€84M).

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Exports Dynamics

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Fastest Growing Exports Destination (Jan 2020 - Jan 2021)

Rapidly Declining Export Origins (Jan 2020 - Jan 2021)

Yearly Imports

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Value
Depth

Top Origin (2020): Germany, €313M

Top Import (2020): Static converters, nes, €79.4M

In 2020 the top import origins of Cantabria were Germany (€313M), France (€199M), China (€106M), Italy (€101M), and United Kingdom (€86.4M).

In 2020 the top imports of Cantabria were Static converters, nes (€79.4M), Ferrous waste or scrap, nes (€63.8M), Maize except seed corn (€51.4M), Ferrous products from direct reduction of... (€49.2M), and Small Sized Cars (€40.5M).

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Imports Dynamics

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Fastest Growing Import Origins (Jan 2020 - Jan 2021)

Rapidly Declining Import Origins (Jan 2020 - Jan 2021)

Economic Complexity

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Economic Complexity of Spain

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Cantabria ranks 6th 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 6th 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), Knit Socks and Hosiery (0.16), Aluminium Structures (0.16), and Iron Blocks (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 (1.64), Transmissions (1.59), Vegetable Parchment (1.58), Metalworking Machine Parts (1.43), and Electric Furnaces (1.4). 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 (211), Steel Bars (139), Carbonates (107), Plaster Articles (103), and Hot-Rolled Iron Bars (82.3).

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.