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Autonomous Community in Spain

2024
Economic
Complexity 0.054Rank 6 of 18
Dec 2024
Trade
Exports | Imports €7.13B | €7.73B1 of 19 | 1 of 19
Dec 2024
Country
Destination | Origin France | Germany €1.01B  | €1.01B

About

Overview This page contains the latest international trade data for Catalonia. In December 2024 Catalonia was the number 1 in total exports and the number 1 in total imports in Spain.

Exports In 2024, Spain's Catalonia exported €94.9B, making it the 1st largest exporter out of the 18 exporters in Spain. In 2024 the top exports of Catalonia were Medicaments in Dosage (n.e.s.) (€4.3B), Micro Cars (€3.74B), Perfumes and toilet waters (€3.52B), Light petroleum distillates nes (€1.98B), and Lactams other than 6-hexanelactam (€1.74B).

Imports In 2024, Spain's Catalonia imported €112B, making it the 1st largest importer out of the 18 importers in Spain. In 2024 top imports of Catalonia were Crude Petroleum Oils (€4.54B), Light petroleum distillates nes (€2.83B), Medicaments in Dosage (n.e.s.) (€2.47B), Electric motor Vehicles (€2.21B), and Small Sized Cars (€2.14B).

Economic Complexity In 2024, the highest complexity exports of Catalonia according to the product complexity index (PCI) are Aldehydes, cyclic polymers, and paraformaldehyde (1.31), Amino-resins (1.26), Carboxyimide Compounds (1.19), Nitrogen Heterocyclic Compounds (1.1), Scent Sprays (1.09), Antibiotics (1.04), Laboratory Reagents (0.85), Electric Locomotives (0.72), Pig Meat (0.7), and Railway Track Fixtures (0.68). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Latest Trends

December, 2024

About

Overview In December 2024 Catalonia exported €7.13B and imported €7.73B, resulting in a negative trade balance of €593M. Between December 2023 and December 2024 the exports of Catalonia have increased by $519M (7.84%) from €6.62B to €7.13B, while imports increased by €203M (2.7%) from €7.52B to €7.73B.

Trade In December 2024, the top exports of Catalonia were Cars (€700M), Packaged Medicaments (€557M), Perfumes (€276M), Nitrogen Heterocyclic Compounds (€266M), and Pig Meat (€231M). In December 2024 the top imports of Catalonia were Cars (€861M), Crude Petroleum (€310M), Refined Petroleum (€196M), Packaged Medicaments (€187M), and Motor vehicles; parts and accessories (8701... (€176M).

Destinations In December 2024, Catalonia exported mostly to France (€1.01B), Germany (€632M), Italy (€551M), Portugal (€424M), and United States (€372M), and imported mostly from Germany (€1.01B), China (€982M), Italy (€682M), France (€664M), and Netherlands (€478M).

Growth In December 2024, the increase in Catalonia's year-by-year exports was explained primarily by an increase in exports to Panama (€236M or 3.5k%), Switzerland (€194M or 111%), and United States (€112M or 42.9%), and product exports increase in Packaged Medicaments (€270M or 93.9%), Nitrogen Heterocyclic Compounds (€215M or 421%), and Perfumes (€133M or 92.8%). In December 2024, the increase in Catalonia's year-by-year imports was explained primarily by an increase in imports from Rest of the world (€163M or 251%), Netherlands (€115M or 31.8%), and China (€71.5M or 7.85%), and product imports increase in Sulfonamides (€94M or 803%), Medical Instruments (€45.1M or 74.4%), and Motor vehicles; parts and accessories (8701... (€39.3M or 28.8%).

Latest Data

Time Scale
Flow
Color
Depth
EXPORT GROWTH (December 2023 - December 2024)€519M(7.84%)
IMPORT GROWTH (December 2023 - December 2024)€203M(2.7%)

This section shows exports and imports data at subnational level for Catalonia. 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 Catalonia over time.

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Historical Data

Yearly Exports

Color
Depth
Top Destination (2024)France€15.6B
Top Product (2024)Medicaments in Dosage (n.e.s.)€4.3B

In 2024 the top export destinations of Catalonia were France (€15.6B), Germany (€10.9B), Italy (€8.87B), Portugal (€6.34B), and United Kingdom (€4.84B).

In 2024 the top exports of Catalonia were Medicaments in Dosage (n.e.s.) (€4.3B), Micro Cars (€3.74B), Perfumes and toilet waters (€3.52B), Light petroleum distillates nes (€1.98B), and Lactams other than 6-hexanelactam (€1.74B).

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Exports Dynamics

Fastest Growing Exports Destination (Dec 2023 - Dec 2024)
Panama €236M (3.5k%)
Switzerland €194M (111%)
United States €112M (42.9%)
Rapidly Declining Export Origins (Dec 2023 - Dec 2024)
France -€125M (-11.1%)
Belgium -€41.2M (-25.4%)
Italy -€38.5M (-6.52%)

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Yearly Imports

Color
Depth
Top Origin (2024)Germany€15.5B
Top Import (2024)Crude Petroleum Oils€4.54B

In 2024 the top import origins of Catalonia were Germany (€15.5B), China (€13.6B), France (€9.46B), Italy (€9.32B), and United States (€5.74B).

In 2024 the top imports of Catalonia were Crude Petroleum Oils (€4.54B), Light petroleum distillates nes (€2.83B), Medicaments in Dosage (n.e.s.) (€2.47B), Electric motor Vehicles (€2.21B), and Small Sized Cars (€2.14B).

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Imports Dynamics

Fastest Growing Import Origins (Dec 2023 - Dec 2024)
Netherlands €115M (31.8%)
China €71.5M (7.85%)
Germany €68.5M (7.25%)
Rapidly Declining Import Origins (Dec 2023 - Dec 2024)
Switzerland -€128M (-60.7%)
India -€80.4M (-41.8%)
United Arab Emirates -€64.5M (-81.2%)

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Economic Complexity

Economic Complexity of Catalonia

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Economic Complexity (2024)0.054

Catalonia ranks 6th out of the 18 autonomous communities in Spain according to ECI.

The Economic Complexity Index, or ECI, is a measure of an economy’s capacity which can be inferred from data connecting locations to the activities that are present in them. For more info about Economic Complexity, visit the Economic Complexity page.

Estimated using exports data.

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Economic Complexity Ranking

Value

The economic complexity of a territory can change year to year. Catalonia it is in position 6th considering its ECI in the last year.

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Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were Catalonia already has a comparative advantage, are led by Toilet Paper (0.46), Tomatoes (0.45), Frozen Vegetables (0.45), Small Iron Containers (0.44), and Pickled Foods (0.44).

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Most Complex Products by PCI

The highest complexity exports of Catalonia according to the product complexity index (PCI) are Aldehydes, cyclic polymers, and paraformaldehyde (1.31), Amino-resins (1.26), Carboxyimide Compounds (1.19), Nitrogen Heterocyclic Compounds (1.1), Scent Sprays (1.09), Antibiotics (1.04), Laboratory Reagents (0.85), Electric Locomotives (0.72), Pig Meat (0.7), and Railway Track Fixtures (0.68). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

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Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Perfumes (35.14), Leather of Other Animals (31.61), Pure Olive Oil (20.22), Pig Meat (19.15), and Synthetic Tanning Extracts (17.43).

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Product Space

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 Catalonia 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.

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Relatedness Space

This network shows the products most related to the production structure of  Catalonia. These are products that tend to be co-exported with the products that Catalonia exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

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Diversification Frontier

Depth
Filter

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. Bubble size corresponds to exports value by year 2020.

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