Overview This page contains the latest international trade data for Guipúzcoa. In December 2022 Guipúzcoa was the number 13 in total exports and the number 19 in total imports in Spain.

Exports In 2022, Spain's Guipúzcoa exported €9.89B, making it the 13th largest exporter out of the 52 exporters in Spain. In 2022 the top exports of Guipúzcoa were Sections, I, iron or non-alloy steel,... (€492M), Railways cars, external electric power (€458M), Other Motor vehicle parts (€307M), Taps, cocks, valves and similar appliances,... (€294M), and Sections, H, iron or non-alloy steel,... (€253M).

Imports In 2022, Spain's Guipúzcoa imported €5.72B, making it the 19th largest importer out of the 52 importers in Spain. In 2022 top imports of Guipúzcoa were Other Railway rolling stock (€191M), Chem wood pulp, soda or sulphate,... (€143M), Ferrous waste or scrap, nes (€142M), Flat rolled iron or non-alloy steel,... (€106M), and Paper and paperboard: multi-ply, coated with... (€65.9M).

Economic Complexity In 2020, the highest complexity exports of Guipúzcoa according to the product complexity index (PCI) are Self-Propelled Rail Transport (1.84), Drilling Machines (0.96), Padlocks (0.72), Locomotive Parts (0.62), and Refractory Bricks (0.52). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

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Yearly Exports

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Top Destination (2022): France, €1.83B

Top Product (2022): Sections, I, iron or non-alloy steel,..., €492M

In 2022 the top export destinations of Guipúzcoa were France (€1.83B), Germany (€1B), United Kingdom (€728M), United States (€680M), and Italy (€593M).

In 2022 the top exports of Guipúzcoa were Sections, I, iron or non-alloy steel,... (€492M), Railways cars, external electric power (€458M), Other Motor vehicle parts (€307M), Taps, cocks, valves and similar appliances,... (€294M), and Sections, H, iron or non-alloy steel,... (€253M).

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Exports Dynamics

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Fastest Growing Exports Destination (Dec 2021 - Dec 2022)

Rapidly Declining Export Origins (Dec 2021 - Dec 2022)

Yearly Imports

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Top Origin (2022): France, €1.01B

Top Import (2022): Other Railway rolling stock , €191M

In 2022 the top import origins of Guipúzcoa were France (€1.01B), Germany (€985M), China (€681M), Italy (€476M), and Sweden (€297M).

In 2022 the top imports of Guipúzcoa were Other Railway rolling stock (€191M), Chem wood pulp, soda or sulphate,... (€143M), Ferrous waste or scrap, nes (€142M), Flat rolled iron or non-alloy steel,... (€106M), and Paper and paperboard: multi-ply, coated with... (€65.9M).

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Imports Dynamics

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Fastest Growing Import Origins (Dec 2021 - Dec 2022)

Rapidly Declining Import Origins (Dec 2021 - Dec 2022)

Economic Complexity

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Economic Complexity of Guipúzcoa

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Economic Complexity (2022): 0.32

Guipúzcoa ranks 1st out of the 52 provinces 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

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The economic complexity of a territory can change year to year. Guipúzcoa it is in position 1st 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 Guipúzcoa already has a comparative advantage, are led by Rolling Machines (0.27), Boat Propellers (0.26), Boat Propellers (0.26), Boat Propellers (0.26), and Boat Propellers (0.26).

Most Complex Products by PCI

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The highest complexity exports of Guipúzcoa according to the product complexity index (PCI) are Self-Propelled Rail Transport (1.84), Drilling Machines (0.96), Padlocks (0.72), Locomotive Parts (0.62), and Refractory Bricks (0.52). 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 Self-Propelled Rail Transport (149.0), Iron Blocks (114.4), Drilling Machines (79.4), Other Firearms (72.0), and Iron Cloth (36.5).

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 Guipúzcoa 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  Guipúzcoa. These are products that tend to be co-exported with the products that Guipúzcoa 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. Bubble size corresponds to exports value by year 2020.