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

Exports: In 2020, Spain's Guipúzcoa exported €6.93B, making it the 12th largest exporter out of the 52 exporters in Spain. In 2020 the top exports of Guipúzcoa were Self-propelled railway cars, external electric power (€284M), Motor vehicle parts nes (€284M), Railway rolling stock parts nes (€242M), Taps, cocks, valves and similar appliances,... (€213M), and Sections, I, iron or non-alloy steel,... (€189M).

Imports: In 2020, Spain's Guipúzcoa imported €3.6B, making it the 19th largest importer out of the 52 importers in Spain. In 2020 top imports of Guipúzcoa were Railway rolling stock parts nes (€124M), Chem wood pulp, soda or sulphate,... (€87M), Wire of refined copper > 6mm... (€79.7M), Ferrous waste or scrap, nes (€68M), and Fish: fresh or chilled, hake (Merluccius... (€49M).

Economic Complexity: In 2019, the highest complexity exports of Guipúzcoa according to the product complexity index (PCI) are Metalworking Transfer Machines (2.32), Metal Lathes (1.88), Metal Finishing Machines (1.76), Forging Machines (1.7), and Self-Propelled Rail Transport (1.68). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Time Scale
Flow
Value
Depth

EXPORT GROWTH (April 2020 - April 2021): €166M, (39%)

IMPORT GROWTH (April 2020 - April 2021): €107M, (44.3%)

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

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Historical Data

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Yearly Exports

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Value
Depth

Top Destination (2020): France, €1.13B

Top Product (2020): Self-propelled railway cars, external electric power, €284M

In 2020 the top export destinations of Guipúzcoa were France (€1.13B), Germany (€737M), United Kingdom (€601M), United States (€389M), and Italy (€371M).

In 2020 the top exports of Guipúzcoa were Self-propelled railway cars, external electric power (€284M), Motor vehicle parts nes (€284M), Railway rolling stock parts nes (€242M), Taps, cocks, valves and similar appliances,... (€213M), and Sections, I, iron or non-alloy steel,... (€189M).

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Exports Dynamics

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Fastest Growing Exports Destination (Apr 2020 - Apr 2021)

Rapidly Declining Export Origins (Apr 2020 - Apr 2021)

Yearly Imports

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Value
Depth

Top Origin (2020): France, €677M

Top Import (2020): Railway rolling stock parts nes, €124M

In 2020 the top import origins of Guipúzcoa were France (€677M), Germany (€616M), China (€389M), Italy (€316M), and Sweden (€196M).

In 2020 the top imports of Guipúzcoa were Railway rolling stock parts nes (€124M), Chem wood pulp, soda or sulphate,... (€87M), Wire of refined copper > 6mm... (€79.7M), Ferrous waste or scrap, nes (€68M), and Fish: fresh or chilled, hake (Merluccius... (€49M).

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Imports Dynamics

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Fastest Growing Import Origins (Apr 2020 - Apr 2021)

Rapidly Declining Import Origins (Apr 2020 - Apr 2021)

Economic Complexity

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Economic Complexity of Spain

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Economic Complexity (2020): 0.4

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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Scale

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 Electric Soldering Equipment (0.26), Interchangeable Tool Parts (0.25), Rubberworking Machinery (0.25), Other Stainless Steel Bars (0.25), and Iron Springs (0.25).

Most Complex Products by PCI

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The highest complexity exports of Guipúzcoa according to the product complexity index (PCI) are Metalworking Transfer Machines (2.32), Metal Lathes (1.88), Metal Finishing Machines (1.76), Forging Machines (1.7), and Self-Propelled Rail Transport (1.68). 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 (133), Locomotive Parts (74.9), Drilling Machines (67.5), Iron Blocks (60.4), and Other Firearms (57.5).

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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Depth
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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.