Castile And León

Autonomous Community in Spain

Exports (2019): €14.6B, Rnk 7/18

Top Destination (2019): €3.7B, France

Top Export (2019): N/A, N/A

Imports (2019): €12.2B, Rnk 7/18

Top Origin (2019): €3.45B, France

Top Import (2019): €2.11B, Motor vehicle parts nes

Economic Complexity (2019): -0.032, Rnk 8 / 18

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

Exports: In 2019, Spain's Castile And León exported €14.6B, making it the 7th largest exporter out of the 18 exporters in Spain. In 2019 the top exports of Castile And León were N/A.

Imports: In 2019, Spain's Castile And León imported €12.2B, making it the 7th largest importer out of the 18 importers in Spain. In 2019 top imports of Castile And León were Motor vehicle parts nes (€2.11B), Filtering or purifying machinery for gases... (€368M), Parts for diesel and semi-diesel engines (€356M), Diesel powered trucks weighing < 5... (€329M), and Ignition/other wiring sets for vehicles/aircraft/ship (€274M).

Economic Complexity: In 2019, the highest complexity exports of Castile And León according to the product complexity index (PCI) are Rolling Machines (1.93), Hot-Rolled Stainless Steel Bars (1.78), Cast or Rolled Glass (1.58), Other Stainless Steel Bars (1.45), and Drilling Machines (1.32). 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, €3.7B

Top Product (2019): N/A, N/A

In 2019 the top export destinations of Castile And León were France (€3.7B), Belgium (€1.5B), Portugal (€1.22B), Italy (€1.11B), and United Kingdom (€1.04B).

In 2019 the top exports of Castile And León were N/A.

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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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Top Origin (2019): France, €3.45B

Top Import (2019): Motor vehicle parts nes, €2.11B

In 2019 the top import origins of Castile And León were France (€3.45B), Germany (€1.49B), Italy (€987M), Portugal (€916M), and United Kingdom (€623M).

In 2019 the top imports of Castile And León were Motor vehicle parts nes (€2.11B), Filtering or purifying machinery for gases... (€368M), Parts for diesel and semi-diesel engines (€356M), Diesel powered trucks weighing < 5... (€329M), and Ignition/other wiring sets for vehicles/aircraft/ship (€274M).

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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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This section shows differences between total trade from Castile and León throughout time.

This section shows forecasts for total exports and imports from Castile and León. 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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Castile And León ranks 8th 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. Castile And León it is in position 8th 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 Castile And León already has a comparative advantage, are led by Other Prepared Meat (0.21), Ice Cream (0.21), Confectionery Sugar (0.21), Frozen Fruits and Nuts (0.21), and Facial Tissue (0.21).

Most Complex Products by PCI

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The highest complexity exports of Castile And León according to the product complexity index (PCI) are Rolling Machines (1.93), Hot-Rolled Stainless Steel Bars (1.78), Cast or Rolled Glass (1.58), Other Stainless Steel Bars (1.45), and Drilling Machines (1.32). 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 Slate (135), Hot-Rolled Stainless Steel Bars (56.1), Nuclear Reactors (32.4), Animal Fat (29.5), and Explosive Ammunition (28.3).

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 Castile And León 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  Castile And León. These are products that tend to be co-exported with the products that Castile And León 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.