Castile And LeónAutonomous Community in Spain
2019 Economic Complexity: -0.12, Rank 9 of 18
Jan 2021 Trade Exports | Imports: €793M | €798M, 10 of 19 | 8 of 19
Jan 2021 Country Destination | Origin: France | France , €182M | €197M
Jan 2021 Product Exports | Imports: Nuclear Reactors | Vehicle Parts , €86.3M | €189M
Overview: This page contains the latest international trade data for Castile and León, including export and import data.
Exports: In 2020, Spain's Castile And León exported €12.5B, making it the 8th largest exporter out of the 18 exporters in Spain. In 2020 the top exports of Castile And León were Small Sized Cars (€1.24B), Small Diesel Engine Cars (€1.12B), Engines, diesel, for motor vehicles (€487M), Medicaments nes, in dosage (€345M), and Micro Cars (€319M).
Imports: In 2020, Spain's Castile And León imported €10B, making it the 8th largest importer out of the 18 importers in Spain. In 2020 top imports of Castile And León were Motor vehicle parts nes (€1.38B), Filtering or purifying machinery for gases... (€365M), Ignition/other wiring sets for vehicles/aircraft/ship (€230M), Uranium (enriched U235), plutonium compounds, alloys (€226M), and Parts for diesel and semi-diesel engines (€199M).
Economic Complexity: In 2019, the highest complexity exports of Castile And León according to the product complexity index (PCI) are Hot-Rolled Stainless Steel Bars (1.8), Cast or Rolled Glass (1.66), Rolling Machines (1.46), Glass Mirrors (1.28), and Other Stainless Steel Bars (1.25). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Overview: In January 2021 Castile and León exported €793M and imported €798M, resulting in a negative trade balance of €5.03M. Between January 2020 and January 2021 the exports of Castile and León have decreased by $-356M (-31%) from €1.15B to €793M, while imports decreased by €-153M (-16%) from €951M to €798M.
Trade: In January 2021, the top exports of Castile and León were Nuclear Reactors (€86.3M), Vehicle Parts (€53M), Rubber Tires (€44.5M), Combustion Engines (€33.4M), and Cars (€28.6M). In January 2021 the top imports of Castile and León were Vehicle Parts (€189M), Engine Parts (€35.2M), Coated Flat-Rolled Iron (€18.3M), Insulated Wire (€15M), and Cars (€14.6M).
Destinations: In January 2021, Castile and León exported mostly to France (€182M), Portugal (€84.5M), Germany (€58.4M), Sweden (€45.6M), and Italy (€36.2M), and imported mostly from France (€197M), Germany (€107M), Italy (€67.1M), Portugal (€52.3M), and Poland (€40.7M).
Growth: In January 2021, the decrease in Castile and León's year-by-year exports was explained primarily by an decrease in exports to France (€-115M or -38.7%), Belgium (€-58.4M or -78.7%), and United Kingdom (€-50.1M or -61.8%), and product exports decrease in Cars (€-284M or -90.8%), Combustion Engines (€-48.5M or -59.2%), and Packaged Medicaments (€-18.5M or -40.4%). In January 2021, the decrease in Castile and León's year-by-year imports was explained primarily by an decrease in imports from United Kingdom (€-55.1M or -88.1%), Portugal (€-35.3M or -40.3%), and France (€-27.6M or -12.3%), and product imports decrease in Vehicle Parts (€-34.9M or -15.6%), Centrifuges (€-30.1M or -79.5%), and Insulated Wire (€-12.2M or -44.9%).
EXPORT GROWTH (January 2020 - January 2021): €-356M, (-31%)
IMPORT GROWTH (January 2020 - January 2021): €-153M, (-16%)
This section shows exports and imports data at subnational level for Castile and León. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of Castile and León over time.
This section shows the differences between Castile and León's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit Spain's country profile.
Top Destination (2020): France, €3.17B
Top Product (2020): Small Sized Cars, €1.24B
In 2020 the top export destinations of Castile And León were France (€3.17B), Portugal (€1.09B), Belgium (€930M), United Kingdom (€824M), and Italy (€807M).
In 2020 the top exports of Castile And León were Small Sized Cars (€1.24B), Small Diesel Engine Cars (€1.12B), Engines, diesel, for motor vehicles (€487M), Medicaments nes, in dosage (€345M), and Micro Cars (€319M).
Top Origin (2020): France, €2.32B
Top Import (2020): Motor vehicle parts nes, €1.38B
In 2020 the top import origins of Castile And León were France (€2.32B), Germany (€1.27B), Portugal (€918M), Italy (€799M), and United Kingdom (€556M).
In 2020 the top imports of Castile And León were Motor vehicle parts nes (€1.38B), Filtering or purifying machinery for gases... (€365M), Ignition/other wiring sets for vehicles/aircraft/ship (€230M), Uranium (enriched U235), plutonium compounds, alloys (€226M), and Parts for diesel and semi-diesel engines (€199M).
Castile And León ranks 9th out of the 18 autonomous communities in Spain according to ECI.
Estimated using exports data.
The economic complexity of a territory can change year to year. Castile And León it is in position 9th considering its ECI in the last year.
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 (0.22), Metal Stoppers (0.22), Salt (0.22), Facial Tissue (0.22), and Ice Cream (0.21).
The highest complexity exports of Castile And León according to the product complexity index (PCI) are Hot-Rolled Stainless Steel Bars (1.8), Cast or Rolled Glass (1.66), Rolling Machines (1.46), Glass Mirrors (1.28), and Other Stainless Steel Bars (1.25). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The most specialized products according to the RCA index are led by Slate (142), Hot-Rolled Stainless Steel Bars (57.1), Pig and Poultry Fat (48.2), Nuclear Reactors (35.7), and Animal Fat (28.5).
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 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.
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.
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