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Overview This page contains the latest international trade data for Huelva. In December 2023 Huelva was the number 17 in total exports and the number 8 in total imports in Spain.

Exports In 2023, Spain's Huelva exported €9.13B, making it the 17th largest exporter out of the 52 exporters in Spain. In 2023 the top exports of Huelva were Petroleum spirit for motor vehicles (€928M), Biodiesel and mixtures thereof (€896M), Copper ores and concentrates (€846M), Copper cathodes and sections of cathodes... (€702M), and Light petroleum distillates nes (€671M).

Imports In 2023, Spain's Huelva imported €14.5B, making it the 8th largest importer out of the 52 importers in Spain. In 2023 top imports of Huelva were Petroleum oils, oils from bituminous minerals,... (€5B), Copper ores and concentrates (€2.29B), Biodiesel and mixtures thereof (€701M), Natural gas, liquefied (€700M), and Light petroleum distillates nes (€408M).

Economic Complexity In 2023, the highest complexity exports of Huelva according to the product complexity index (PCI) are Cyclic Hydrocarbons (0.61), Animal Fat (0.44), Other Coloring Matter (0.27), Preserved Meat (0.26), Wood Barrels (0.22), Unprocessed Synthetic Staple Fibers (0.21), Vinegar (0.16), Inedible Fats and Oils (0.021), Phosphinates (hypophosphites) and phosphonates (phosphites) (-0.065), and Sulfuric Acid (-0.082). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

Yearly Exports

Color
Depth
Top Destination (2023)Italy€1.04B
Top Product (2023)Petroleum spirit for motor vehicles€928M

In 2023 the top export destinations of Huelva were Italy (€1.04B), Portugal (€942M), China (€916M), United States (€661M), and France (€493M).

In 2023 the top exports of Huelva were Petroleum spirit for motor vehicles (€928M), Biodiesel and mixtures thereof (€896M), Copper ores and concentrates (€846M), Copper cathodes and sections of cathodes... (€702M), and Light petroleum distillates nes (€671M).

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Exports Dynamics

Fastest Growing Exports Destination (Dec 2022 - Dec 2023)
Morocco €39.6M (125%)
China €32.4M (40%)
France €20.8M (75.6%)
Rapidly Declining Export Origins (Dec 2022 - Dec 2023)
Netherlands -€29.2M (-50.8%)
Italy -€23.9M (-20%)
Brazil -€20.3M (-99.2%)

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Yearly Imports

Color
Depth
Top Origin (2023)United States€2.01B

In 2023 the top import origins of Huelva were United States (€2.01B), Nigeria (€1.54B), Indonesia (€1.1B), Mexico (€655M), and Italy (€596M).

In 2023 the top imports of Huelva were Petroleum oils, oils from bituminous minerals,... (€5B), Copper ores and concentrates (€2.29B), Biodiesel and mixtures thereof (€701M), Natural gas, liquefied (€700M), and Light petroleum distillates nes (€408M).

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Imports Dynamics

Fastest Growing Import Origins (Dec 2022 - Dec 2023)
Italy €71.2M (220%)
Ukraine €21.4M (190%)
Netherlands €20.5M (131%)
Rapidly Declining Import Origins (Dec 2022 - Dec 2023)
United States -€159M (-50.5%)
Azerbaijan -€125M (-68.6%)
Chile -€51.3M (-67.6%)

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Economic Complexity

Economic Complexity of Huelva

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Economic Complexity (2023)-0.76

Huelva ranks 49th 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

Value

The economic complexity of a territory can change year to year. Huelva it is in position 49th 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 Huelva already has a comparative advantage, are led by Petroleum Gas (0.081), Onions (0.079), Tropical Fruits (0.079), Fish oil (0.078), and Fish Fillets (0.077).

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Most Complex Products by PCI

The highest complexity exports of Huelva according to the product complexity index (PCI) are Cyclic Hydrocarbons (0.61), Animal Fat (0.44), Other Coloring Matter (0.27), Preserved Meat (0.26), Wood Barrels (0.22), Unprocessed Synthetic Staple Fibers (0.21), Vinegar (0.16), Inedible Fats and Oils (0.021), Phosphinates (hypophosphites) and phosphonates (phosphites) (-0.065), and Sulfuric Acid (-0.082). 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 Other Fruits (148.64), Wood Barrels (119.09), Sulfuric Acid (41.91), Phosphatic Fertilizers (32.91), and Copper Ore (29.03).

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