Cuenca

Province in Castilla-La Mancha, Autonomous Community in Spain

2019
Economic
Complexity
: -0.49, Rank 45 of 49

Jan 2021
Trade
Exports | Imports
: €49.7M | €17.1M, 42 of 53 | 47 of 53

Jan 2021
Country
Destination | Origin
: France | Germany , €13.6M  | €4.8M

Jan 2021
Product
Exports | Imports
: Pig Meat | Integrated Circuits , €13M  | €2.7M

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

Exports: In 2020, Spain's Cuenca exported €602M, making it the 42nd largest exporter out of the 52 exporters in Spain. In 2020 the top exports of Cuenca were Swine cuts, frozen nes (€113M), Electrical relays for < 60 volts (€105M), Garlic, fresh or chilled (€78.8M), Juice: grape, of a Brix value... (€36.8M), and Grape wines, alcoholic grape must nes (€28M).

Imports: In 2020, Spain's Cuenca imported €268M, making it the 46th largest importer out of the 52 importers in Spain. In 2020 top imports of Cuenca were Electronic integrated circuits: n.e.c. in heading... (€47.6M), Composite diagnostic or laboratory reagents, nes (€40.6M), Inductors, electric (€13.5M), rubber or plastic working machines, nes (€10.8M), and Juice: of any single fruit or... (€8.64M).

Economic Complexity: In 2019, the highest complexity exports of Cuenca according to the product complexity index (PCI) are Metal Lathes (1.88), Lifting Machinery (1.08), Tractors (1.01), Trailers (0.83), and Pig Meat (0.81). 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 Cuenca'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, €149M

Top Product (2020): Swine cuts, frozen nes, €113M

In 2020 the top export destinations of Cuenca were France (€149M), China (€101M), Italy (€41.5M), Germany (€36.8M), and Japan (€36.6M).

In 2020 the top exports of Cuenca were Swine cuts, frozen nes (€113M), Electrical relays for < 60 volts (€105M), Garlic, fresh or chilled (€78.8M), Juice: grape, of a Brix value... (€36.8M), and Grape wines, alcoholic grape must nes (€28M).

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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, €55.5M

Top Import (2020): Electronic integrated circuits: n.e.c. in heading..., €47.6M

In 2020 the top import origins of Cuenca were Germany (€55.5M), China (€38.4M), South Korea (€38M), France (€24.7M), and Italy (€17.2M).

In 2020 the top imports of Cuenca were Electronic integrated circuits: n.e.c. in heading... (€47.6M), Composite diagnostic or laboratory reagents, nes (€40.6M), Inductors, electric (€13.5M), rubber or plastic working machines, nes (€10.8M), and Juice: of any single fruit or... (€8.64M).

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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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Cuenca ranks 45th out of the 52 provinces 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. Cuenca it is in position 45th 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 Cuenca already has a comparative advantage, are led by Honey (0.086), Other Fruits (0.085), Bovine Meat (0.084), Other Vegetables (0.084), and Citrus (0.083).

Most Complex Products by PCI

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The highest complexity exports of Cuenca according to the product complexity index (PCI) are Metal Lathes (1.88), Lifting Machinery (1.08), Tractors (1.01), Trailers (0.83), and Pig Meat (0.81). 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 Onions (421), Animal Fat (262), Pig Meat (135), Pure Olive Oil (112), and Preserved Vegetables (110).

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 Cuenca 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  Cuenca. These are products that tend to be co-exported with the products that Cuenca 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.