PontevedraOverview: 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.
Latest Trends (January, 2021)
#permalink to sectionOverview: In January 2021 Pontevedra exported €834M and imported €617M, resulting in a positive trade balance of €217M. Between January 2020 and January 2021 the exports of Pontevedra have decreased by $-49.7M (-5.62%) from €884M to €834M, while imports decreased by €-303M (-33%) from €921M to €617M.
Trade: In January 2021, the top exports of Pontevedra were Cars (€346M), Delivery Trucks (€75.4M), Vehicle Parts (€51.6M), Molluscs (€34.9M), and Fishing Ships (€25.5M). In January 2021 the top imports of Pontevedra were Cars (€131M), Vehicle Parts (€46.7M), Electric Batteries (€33.6M), Processed Fish (€31.1M), and Molluscs (€27M).
Destinations: In January 2021, Pontevedra exported mostly to France (€256M), Portugal (€116M), United Kingdom (€60.3M), Italy (€56.9M), and Turkey (€34.6M), and imported mostly from France (€130M), China (€82.9M), Portugal (€79M), Morocco (€50.8M), and Germany (€24.6M).
Growth: In January 2021, the decrease in Pontevedra's year-by-year exports was explained primarily by an decrease in exports to Italy (€-50M or -46.8%), Germany (€-34.7M or -61.5%), and Portugal (€-19.8M or -14.6%), and product exports decrease in Vehicle Parts (€-32M or -38.3%), Refined Petroleum (€-7.93M or -52.1%), and Delivery Trucks (€-7.08M or -8.59%). In January 2021, the decrease in Pontevedra's year-by-year imports was explained primarily by an decrease in imports from France (€-288M or -68.9%), Germany (€-15.7M or -39%), and Argentina (€-6.49M or -21.8%), and product imports decrease in Vehicle Parts (€-295M or -86.4%), Molluscs (€-4.32M or -13.8%), and Non-fillet Frozen Fish (€-4.15M or -17.2%).
Monthly Trade
#permalink to sectionEXPORT GROWTH (January 2020 - January 2021): €-49.7M, (-5.62%)
IMPORT GROWTH (January 2020 - January 2021): €-303M, (-33%)
This section shows exports and imports data at subnational level for Pontevedra. 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 Pontevedra over time.
Comparison in Time
#permalink to sectionThis 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.
Yearly Exports
#permalink to sectionTop 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).
Exports Dynamics
#permalink to sectionYearly Imports
#permalink to sectionTop 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).
Imports Dynamics
#permalink to sectionLatest Data
#permalink to sectionEconomic Complexity
#permalink to sectionEconomic Complexity of Spain
#permalink to sectionPontevedra ranks 21st out of the 52 provinces in Spain according to ECI.
Estimated using exports data.
Economic Complexity Ranking
#permalink to sectionThe economic complexity of a territory can change year to year. Pontevedra it is in position 21st considering its ECI in the last year.
Export Opportunities by Relatedness
#permalink to sectionThe 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
#permalink to sectionThe 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
#permalink to sectionThe 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).
Product Space
#permalink to sectionThe 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.
Diversification Frontier
#permalink to sectionThe 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.
