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Autonomous Community in Spain

2023
Economic
Complexity 0.068Rank 5 of 18
Aug 2024
Trade
Exports | Imports €6.25B | €7.86B1 of 19 | 1 of 19
Aug 2024
Country
Destination | Origin France | China €927M  | €1.21B

About

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

Exports In 2023, Spain's Catalonia exported €94.9B, making it the 1st largest exporter out of the 18 exporters in Spain. In 2023 the top exports of Catalonia were Medicaments nes, in dosage (€5.2B), Micro Cars (€3.21B), Light petroleum distillates nes (€2.37B), Perfumes and toilet waters (€2.29B), and Other Motor vehicle parts (€2.16B).

Imports In 2023, Spain's Catalonia imported €112B, making it the 1st largest importer out of the 18 importers in Spain. In 2023 top imports of Catalonia were Petroleum oils, oils from bituminous minerals,... (€4.32B), Light petroleum distillates nes (€3.68B), Electric motor Vehicles (€3.53B), Medicaments nes, in dosage (€2.61B), and Small Sized Cars (€2B).

Economic Complexity In 2023, the highest complexity exports of Catalonia according to the product complexity index (PCI) are Scent Sprays (1.36), Carboxyimide Compounds (1.25), Amino-resins (1.21), Hydrazine or Hydroxylamine Derivatives (0.93), Antibiotics (0.92), Nitrogen Heterocyclic Compounds (0.85), Pig Meat (0.66), Glands and Other Organs (0.66), Quaternary Ammonium Salts and Hydroxides (0.65), and Spring, Air, and Gas Guns (0.6). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Latest Trends

August, 2024

About

Overview In August 2024 Catalonia exported €6.25B and imported €7.86B, resulting in a negative trade balance of €1.6B. Between August 2023 and August 2024 the exports of Catalonia have decreased by $-529M (-7.79%) from €6.78B to €6.25B, while imports increased by €101M (1.3%) from €7.76B to €7.86B.

Trade In August 2024, the top exports of Catalonia were Perfumes (€315M), Packaged Medicaments (€290M), Pig Meat (€244M), Cars (€240M), and Refined Petroleum (€206M). In August 2024 the top imports of Catalonia were Cars (€737M), Refined Petroleum (€455M), Crude Petroleum (€286M), Packaged Medicaments (€196M), and Sulfonamides (€147M).

Destinations In August 2024, Catalonia exported mostly to France (€927M), Germany (€641M), Italy (€521M), Portugal (€435M), and United States (€321M), and imported mostly from China (€1.21B), Germany (€954M), France (€583M), Italy (€525M), and United States (€504M).

Growth In August 2024, the decrease in Catalonia's year-by-year exports was explained primarily by an decrease in exports to France (€-193M or -17.2%), Germany (€-97.9M or -13.2%), and United Kingdom (€-97.2M or -24.4%), and product exports decrease in Cars (€-626M or -72.3%), Unpackaged Medicaments (€-26.7M or -75.3%), and Glands and Other Organs (€-24.5M or -97.7%). In August 2024, the increase in Catalonia's year-by-year imports was explained primarily by an increase in imports from China (€203M or 20%), United States (€145M or 40.4%), and Rest of the world (€126M or 115%), and product imports increase in Sulfonamides (€119M or 428%), Cars (€76M or 11.5%), and Vaccines, blood, antisera, toxins and cultures (€32.2M or 49.6%).

Latest Data

Time Scale
Flow
Color
Depth
EXPORT GROWTH (August 2023 - August 2024)€-529M(-7.79%)
IMPORT GROWTH (August 2023 - August 2024)€101M(1.3%)

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 (2023)France€17.7B
Top Product (2023)Medicaments nes, in dosage€5.2B

In 2023 the top export destinations of Catalonia were France (€17.7B), Germany (€10.4B), Italy (€9.42B), Portugal (€6.28B), and United Kingdom (€4.58B).

In 2023 the top exports of Catalonia were Medicaments nes, in dosage (€5.2B), Micro Cars (€3.21B), Light petroleum distillates nes (€2.37B), Perfumes and toilet waters (€2.29B), and Other Motor vehicle parts (€2.16B).

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Exports Dynamics

Fastest Growing Exports Destination (Aug 2023 - Aug 2024)
United States €41.2M (14.7%)
Israel €31.2M (97.9%)
China €23.7M (20.5%)
Rapidly Declining Export Origins (Aug 2023 - Aug 2024)
France -€193M (-17.2%)
Germany -€97.9M (-13.2%)
United Kingdom -€97.2M (-24.4%)

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Yearly Imports

Color
Depth
Top Origin (2023)Germany€15B
Top Import (2023)Petroleum oils, oils from bituminous minerals,...€4.32B

In 2023 the top import origins of Catalonia were Germany (€15B), China (€14.1B), France (€9.66B), Italy (€9.05B), and United States (€5B).

In 2023 the top imports of Catalonia were Petroleum oils, oils from bituminous minerals,... (€4.32B), Light petroleum distillates nes (€3.68B), Electric motor Vehicles (€3.53B), Medicaments nes, in dosage (€2.61B), and Small Sized Cars (€2B).

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Imports Dynamics

Fastest Growing Import Origins (Aug 2023 - Aug 2024)
China €203M (20%)
United States €145M (40.4%)
Saudi Arabia €67M (300%)
Rapidly Declining Import Origins (Aug 2023 - Aug 2024)
United Kingdom -€105M (-54.7%)
Brazil -€105M (-47.8%)
Germany -€53.2M (-5.28%)

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Economic Complexity

Economic Complexity of Catalonia

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Economic Complexity (2023)0.068

Catalonia ranks 5th 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 5th 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 (0.45), Knit Men's Suits (0.44), Non-Knit Men's Undergarments (0.43), Frozen Vegetables (0.43), and Pickled Foods (0.43).

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Most Complex Products by PCI

The highest complexity exports of Catalonia according to the product complexity index (PCI) are Scent Sprays (1.36), Carboxyimide Compounds (1.25), Amino-resins (1.21), Hydrazine or Hydroxylamine Derivatives (0.93), Antibiotics (0.92), Nitrogen Heterocyclic Compounds (0.85), Pig Meat (0.66), Glands and Other Organs (0.66), Quaternary Ammonium Salts and Hydroxides (0.65), and Spring, Air, and Gas Guns (0.6). 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 Leather of Other Animals (34.44), Perfumes (24.80), Animal Fat (19.82), Agglomerated Cork (18.81), and Pig Meat (18.51).

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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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