Pontevedra

Province in Galicia, Autonomous Community in Spain

2019
Economic
Complexity
: -0.18, Rank 21 of 49

Jan 2021
Trade
Exports | Imports
: €834M | €617M, 6 of 53 | 9 of 53

Jan 2021
Country
Destination | Origin
: France | France , €256M  | €130M

Jan 2021
Product
Exports | Imports
: Cars | Cars , €346M  | €131M

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

Exports: In 2020, Spain's Pontevedra exported €10.9B, making it the 5th largest exporter out of the 52 exporters in Spain. In 2020 the top exports of Pontevedra were Small Sized Cars (€2.02B), Medium Diesel Engine Cars (€1.18B), Diesel powered trucks weighing < 5... (€1.02B), Small Diesel Engine Cars (€894M), and Motor vehicle parts nes (€805M).

Imports: In 2020, Spain's Pontevedra imported €9.9B, making it the 5th largest importer out of the 52 importers in Spain. In 2020 top imports of Pontevedra were Motor vehicle parts nes (€3.01B), Molluscs; cuttle fish and squid, whether... (€452M), Small Sized Cars (€432M), Medium Diesel Engine Cars (€368M), and Small Diesel Engine Cars (€322M).

Economic Complexity: In 2019, the highest complexity exports of Pontevedra according to the product complexity index (PCI) are Refractory Ceramics (1.2), Other Paper Machinery (1.18), Stone Working Machines (1.15), Vehicle Parts (1.12), and Cars (0.98). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

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Flow
Value

This section shows the differences between Pontevedra's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit Spain's country profile.

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Yearly Exports

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Value
Depth

Top Destination (2020): France, €3.55B

Top Product (2020): Small Sized Cars, €2.02B

In 2020 the top export destinations of Pontevedra were France (€3.55B), Portugal (€1.43B), Italy (€922M), Germany (€563M), and United Kingdom (€545M).

In 2020 the top exports of Pontevedra were Small Sized Cars (€2.02B), Medium Diesel Engine Cars (€1.18B), Diesel powered trucks weighing < 5... (€1.02B), Small Diesel Engine Cars (€894M), and Motor vehicle parts nes (€805M).

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Exports Dynamics

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Fastest Growing Exports Destination (Jan 2020 - Jan 2021)

Rapidly Declining Export Origins (Jan 2020 - Jan 2021)

Yearly Imports

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Value
Depth

Top Origin (2020): France, €4.1B

Top Import (2020): Motor vehicle parts nes, €3.01B

In 2020 the top import origins of Pontevedra were France (€4.1B), Portugal (€880M), China (€725M), Morocco (€514M), and Germany (€355M).

In 2020 the top imports of Pontevedra were Motor vehicle parts nes (€3.01B), Molluscs; cuttle fish and squid, whether... (€452M), Small Sized Cars (€432M), Medium Diesel Engine Cars (€368M), and Small Diesel Engine Cars (€322M).

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Imports Dynamics

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Fastest Growing Import Origins (Jan 2020 - Jan 2021)

Rapidly Declining Import Origins (Jan 2020 - Jan 2021)

Economic Complexity

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Economic Complexity of Spain

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Pontevedra ranks 21st out of the 52 provinces 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. Pontevedra it is in position 21st 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 Pontevedra already has a comparative advantage, are led by Rough Wood (0.14), Salt (0.14), Sawn Wood (0.14), Bovine (0.14), and Fuel Wood (0.14).

Most Complex Products by PCI

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The highest complexity exports of Pontevedra according to the product complexity index (PCI) are Refractory Ceramics (1.2), Other Paper Machinery (1.18), Stone Working Machines (1.15), Vehicle Parts (1.12), and Cars (0.98). 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 Fishing Ships (169), Molluscs (76.6), Granite (29.5), Non-fillet Frozen Fish (28.5), and Vegetable Saps (23.1).

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