Regi贸n De Murcia

Autonomous Community in Spain

Exports (2019): 鈧10.6B, Rnk 9/18

Top Destination (2019): 鈧1.39B, France

Top Export (2019): 鈧1.32B, Light petroleum distillates nes

Imports (2019): 鈧11.1B, Rnk 9/18

Top Origin (2019): 鈧1.77B, Saudi Arabia

Top Import (2019): 鈧6.04B, Petroleum oils, oils from bituminous minerals,...

Economic Complexity (2019): -0.48, Rnk 17 / 18

Overview: This page contains the latest international trade data for Regi贸n de Murcia, including export and import data.

Exports: In 2019, Spain's Regi贸n De Murcia exported 鈧10.6B, making it the 9th largest exporter out of the 18 exporters in Spain. In 2019 the top exports of Regi贸n De Murcia were Light petroleum distillates nes (鈧1.32B), Petroleum spirit for motor vehicles (鈧747M), Polycarbonates, in primary forms (鈧547M), Fruit, edible: lemons (Citrus limon, Citrus... (鈧418M), and Naphthalene (鈧329M).

Imports: In 2019, Spain's Regi贸n De Murcia imported 鈧11.1B, making it the 9th largest importer out of the 18 importers in Spain. In 2019 top imports of Regi贸n De Murcia were Petroleum oils, oils from bituminous minerals,... (鈧6.04B), Light petroleum distillates nes (鈧396M), Natural gas, liquefied (鈧342M), Soya beans: other than seed, whether... (鈧279M), and Maize except seed corn (鈧143M).

Economic Complexity: In 2019, the highest complexity exports of Regi贸n De Murcia according to the product complexity index (PCI) are Petroleum Resins (1.16), Polyacetals (1), Pig Meat (0.78), Electric Generating Sets (0.75), and Cyclic Alcohols (0.72). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Top Destination (2019): France, 鈧1.39B

Top Product (2019): Light petroleum distillates nes, 鈧1.32B

In 2019 the top export destinations of Regi贸n De Murcia were France (鈧1.39B), Italy (鈧1.15B), Germany (鈧1B), United Kingdom (鈧848M), and Netherlands (鈧671M).

In 2019 the top exports of Regi贸n De Murcia were Light petroleum distillates nes (鈧1.32B), Petroleum spirit for motor vehicles (鈧747M), Polycarbonates, in primary forms (鈧547M), Fruit, edible: lemons (Citrus limon, Citrus... (鈧418M), and Naphthalene (鈧329M).

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Export Dynamics

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Fastest Growing Exports Destination (June 2019 - June 2020)

Rapidly Declining Export Origins (June 2019 - June 2020)

Yearly Imports

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Top Origin (2019): Saudi Arabia, 鈧1.77B

Top Import (2019): Petroleum oils, oils from bituminous minerals,..., 鈧6.04B

In 2019 the top import origins of Regi贸n De Murcia were Saudi Arabia (鈧1.77B), Mexico (鈧1.54B), Iraq (鈧747M), Brazil (鈧605M), and China (鈧561M).

In 2019 the top imports of Regi贸n De Murcia were Petroleum oils, oils from bituminous minerals,... (鈧6.04B), Light petroleum distillates nes (鈧396M), Natural gas, liquefied (鈧342M), Soya beans: other than seed, whether... (鈧279M), and Maize except seed corn (鈧143M).

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Import Dynamics

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Fastest Growing Import Origins (June 2019 - June 2020)

Rapidly Declining Import Origins (June 2019 - June 2020)

Comparison in Time

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This section shows differences between total trade from Regi贸n de Murcia throughout time.

This section shows forecasts for total exports and imports from Regi贸n de Murcia. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

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Economic Complexity

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Economic Complexity of Spain

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Regi贸n De Murcia ranks 17th out of the 18 autonomous communities in Spain according to ECI.

Estimated using exports data.

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Economic Complexity Ranking

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The economic complexity of a territory can change year to year. Regi贸n De Murcia it is in position 17th 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 Regi贸n De Murcia already has a comparative advantage, are led by Tropical Fruits (0.22), Raw Cotton (0.2), Salt (0.2), Cement (0.2), and Other Oily Seeds (0.2).

Most Complex Products by PCI

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The highest complexity exports of Regi贸n De Murcia according to the product complexity index (PCI) are Petroleum Resins (1.16), Polyacetals (1), Pig Meat (0.78), Electric Generating Sets (0.75), and Cyclic Alcohols (0.72). 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 Lettuce (294), Cabbages (198), Melons (112), Sheep and Goats (82.8), and Pepper (59.7).

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 Regi贸n De Murcia 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  Regi贸n De Murcia. These are products that tend to be co-exported with the products that Regi贸n De Murcia exports. Higher relatedness values 鈥嬧媔ndicate 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.