Extremadura

Autonomous Community in Spain

Exports (2019): €2.09B, Rnk 15/18

Top Destination (2019): €567M, Portugal

Top Export (2019): €215M, Tomatoes nes, prepared or preserved, not...

Imports (2019): €1.39B, Rnk 17/18

Top Origin (2019): €359M, Portugal

Top Import (2019): €156M, Photosensitive/photovoltaic/LED semiconductor devices

Economic Complexity (2019): -0.48, Rnk 16 / 18

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

Exports: In 2019, Spain's Extremadura exported €2.09B, making it the 15th largest exporter out of the 18 exporters in Spain. In 2019 the top exports of Extremadura were Tomatoes nes, prepared or preserved, not... (€215M), Sections, T, iron or non-alloy steel,... (€115M), Parts for diesel and semi-diesel engines (€114M), Tobacco, unmanufactured, stemmed or stripped (€72.2M), and Blocks, sheets, strip and tiles of... (€70.3M).

Imports: In 2019, Spain's Extremadura imported €1.39B, making it the 17th largest importer out of the 18 importers in Spain. In 2019 top imports of Extremadura were Photosensitive/photovoltaic/LED semiconductor devices (€156M), Automatic data processing machines: presented in... (€104M), Automatic data processing machines: portable, weighing... (€92.9M), Ferrous waste or scrap, nes (€75.7M), and Parts for diesel and semi-diesel engines (€69.7M).

Economic Complexity: In 2019, the highest complexity exports of Extremadura according to the product complexity index (PCI) are Engine Parts (1.07), Polyacetals (1), Liquid Dispersing Machines (0.97), Compounded Unvulcanised Rubber (0.85), and Traffic Signals (0.84). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Value
Depth

Top Destination (2019): Portugal, €567M

Top Product (2019): Tomatoes nes, prepared or preserved, not..., €215M

In 2019 the top export destinations of Extremadura were Portugal (€567M), France (€344M), Germany (€293M), Italy (€138M), and United Kingdom (€120M).

In 2019 the top exports of Extremadura were Tomatoes nes, prepared or preserved, not... (€215M), Sections, T, iron or non-alloy steel,... (€115M), Parts for diesel and semi-diesel engines (€114M), Tobacco, unmanufactured, stemmed or stripped (€72.2M), and Blocks, sheets, strip and tiles of... (€70.3M).

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Export Dynamics

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Fastest Growing Exports Destination (August 2019 - August 2020)

Rapidly Declining Export Origins (August 2019 - August 2020)

Yearly Imports

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Value
Depth

Top Origin (2019): Portugal, €359M

Top Import (2019): Photosensitive/photovoltaic/LED semiconductor devices, €156M

In 2019 the top import origins of Extremadura were Portugal (€359M), Germany (€263M), Netherlands (€195M), Poland (€90.6M), and China (€87.8M).

In 2019 the top imports of Extremadura were Photosensitive/photovoltaic/LED semiconductor devices (€156M), Automatic data processing machines: presented in... (€104M), Automatic data processing machines: portable, weighing... (€92.9M), Ferrous waste or scrap, nes (€75.7M), and Parts for diesel and semi-diesel engines (€69.7M).

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Import Dynamics

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Fastest Growing Import Origins (August 2019 - August 2020)

Rapidly Declining Import Origins (August 2019 - August 2020)

Comparison in Time

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Flow
Value

This section shows differences between total trade from Extremadura throughout time.

This section shows forecasts for total exports and imports from Extremadura. 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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Extremadura ranks 16th 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. Extremadura it is in position 16th 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 Extremadura already has a comparative advantage, are led by Tomatoes (0.2), Wheat Flours (0.19), Legumes (0.19), Raw Sugar (0.19), and Other Oily Seeds (0.19).

Most Complex Products by PCI

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The highest complexity exports of Extremadura according to the product complexity index (PCI) are Engine Parts (1.07), Polyacetals (1), Liquid Dispersing Machines (0.97), Compounded Unvulcanised Rubber (0.85), and Traffic Signals (0.84). 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 Agglomerated Cork (690), Processed Tomatoes (462), Natural Cork Articles (208), Pitted Fruits (161), and Other Meat (146).

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