Las PalmasProvince in Canary Islands, Autonomous Community in Spain
Exports (2019): €1.82B, Rnk 32/52
Top Destination (2019): €1.25B, World
Top Export (2019): €620M, Light petroleum distillates nes
Imports (2019): €2.16B, Rnk 26/52
Top Origin (2019): €284M, Netherlands
Top Import (2019): €289M, Light petroleum distillates nes
Economic Complexity (2019): -0.21, Rnk 28 / 52
Overview: This page contains the latest international trade data for Las Palmas, including export and import data.
Exports: In 2019, Spain's Las Palmas exported €1.82B, making it the 32nd largest exporter out of the 52 exporters in Spain. In 2019 the top exports of Las Palmas were Light petroleum distillates nes (€620M), Commodities not specified according to kind (€360M), Coal tar distillation products nes (€114M), Perfumes and toilet waters (€58.9M), and Parts of boring or sinking machinery (€37.1M).
Imports: In 2019, Spain's Las Palmas imported €2.16B, making it the 26th largest importer out of the 52 importers in Spain. In 2019 top imports of Las Palmas were Light petroleum distillates nes (€289M), Coal tar distillation products nes (€121M), Fixed wing aircraft, unladen weight >... (€97.7M), Small Sized Cars (€86.1M), and Cargo vessels other than tanker or... (€76.3M).
Economic Complexity: In 2019, the highest complexity exports of Las Palmas according to the product complexity index (PCI) are Gaskets (1.38), Iron Chains (1.18), Steam Turbines (1.13), Other Engines (1.07), and Other Hand Tools (1.06). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Top Destination (2019): World, €1.25B
Top Product (2019): Light petroleum distillates nes, €620M
In 2019 the top export destinations of Las Palmas were World (€1.25B), Senegal (€64.1M), Netherlands (€62.3M), United Kingdom (€54.2M), and Portugal (€38.7M).
In 2019 the top exports of Las Palmas were Light petroleum distillates nes (€620M), Commodities not specified according to kind (€360M), Coal tar distillation products nes (€114M), Perfumes and toilet waters (€58.9M), and Parts of boring or sinking machinery (€37.1M).
Fastest Growing Exports Destination (Aug 2019 - Aug 2020)
Rapidly Declining Export Origins (Aug 2019 - Aug 2020)
Top Origin (2019): Netherlands, €284M
Top Import (2019): Light petroleum distillates nes, €289M
In 2019 the top import origins of Las Palmas were Netherlands (€284M), Germany (€249M), France (€178M), Brazil (€157M), and Italy (€150M).
In 2019 the top imports of Las Palmas were Light petroleum distillates nes (€289M), Coal tar distillation products nes (€121M), Fixed wing aircraft, unladen weight >... (€97.7M), Small Sized Cars (€86.1M), and Cargo vessels other than tanker or... (€76.3M).
Fastest Growing Import Origins (Aug 2019 - Aug 2020)
Rapidly Declining Import Origins (Aug 2019 - Aug 2020)
This section shows differences between total trade from Las Palmas throughout time.
This section shows forecasts for total exports and imports from Las Palmas. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.
Las Palmas ranks 28th out of the 52 provinces in Spain according to ECI.
Estimated using exports data.
The economic complexity of a territory can change year to year. Las Palmas it is in position 28th considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Las Palmas already has a comparative advantage, are led by Crude Petroleum (0.13), Other Vegetables (0.12), Cement (0.12), Flavored Water (0.12), and Legumes (0.12).
The highest complexity exports of Las Palmas according to the product complexity index (PCI) are Gaskets (1.38), Iron Chains (1.18), Steam Turbines (1.13), Other Engines (1.07), and Other Hand Tools (1.06). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The most specialized products according to the RCA index are led by Netting (63.3), Cucumbers (52.6), Coal Tar Oil (43.9), Tomatoes (32.1), and Perfumes (32).
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 Las Palmas 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.
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.
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