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Province in Castile and León, Autonomous Community in Spain

2023
Economic
Complexity -0.24Rank 30 of 49
Sep 2024
Trade
Exports | Imports €72.4M | €57M45 of 53 | 45 of 53
Sep 2024
Country
Destination | Origin Portugal | Portugal €25.5M  | €9.04M

About

Overview This page contains the latest international trade data for Salamanca. In September 2024 Salamanca was the number 41 in total exports and the number 37 in total imports in Spain.

Exports In 2023, Spain's Salamanca exported €1.13B, making it the 41st largest exporter out of the 52 exporters in Spain. In 2023 the top exports of Salamanca were Fuel elements non-irradiated, for nuclear reactors (€297M), Veterinary vaccines and similar products (€120M), New Rubber Pneumatic Tyres for Motor... (€64.6M), Other Frozen Pork Cuts (€54.2M), and Ethyl alcohol and other spirits, denatured (€37.2M).

Imports In 2023, Spain's Salamanca imported €1.09B, making it the 37th largest importer out of the 52 importers in Spain. In 2023 top imports of Salamanca were Uranium (enriched U235), plutonium compounds, alloys (€487M), Veterinary vaccines and similar products (€74.2M), New Rubber Pneumatic Tyres for Motor... (€68.6M), Chem wood pulp, soda/sulphate, non-conifer, bleached (€34.4M), and Medicaments in Dosage (n.e.s.) (€32.8M).

Economic Complexity In 2023, the highest complexity exports of Salamanca according to the product complexity index (PCI) are Metal Molds (1.45), Vaccines, blood, antisera, toxins and cultures (1.45), Ball Bearings (1.31), Large Coated Flat-Rolled Iron (1), Liquid Dispersing Machines (0.9), Compounded Unvulcanised Rubber (0.9), Nuclear Reactors (0.78), Electrical Transformers (0.77), Other Glass Articles (0.68), and Pig Meat (0.66). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Latest Trends

September, 2024

About

Overview In September 2024 Salamanca exported €72.4M and imported €57M, resulting in a positive trade balance of €15.4M. Between September 2023 and September 2024 the exports of Salamanca have decreased by $-128k (-0.18%) from €72.5M to €72.4M, while imports decreased by €-55.3M (-49.3%) from €112M to €57M.

Trade In September 2024, the top exports of Salamanca were Vaccines, blood, antisera, toxins and cultures (€11.5M), Rubber Tires (€8.49M), Bovine Meat (€4.56M), Alcohol > 80% ABV (€4.38M), and Pig Meat (€4.3M). In September 2024 the top imports of Salamanca were Rubber Tires (€10.2M), Vaccines, blood, antisera, toxins and cultures (€7.43M), Packaged Medicaments (€3.95M), Zirconium (€2.69M), and Nuclear Reactors (€2.19M).

Destinations In September 2024, Salamanca exported mostly to Portugal (€25.5M), Netherlands (€12.3M), France (€7.54M), Germany (€4.33M), and Italy (€3.4M), and imported mostly from Portugal (€9.04M), Netherlands (€7.71M), China (€5.23M), France (€4.53M), and Germany (€4.14M).

Growth In September 2024, the decrease in Salamanca's year-by-year exports was explained primarily by an decrease in exports to Germany (€-2.98M or -40.8%), France (€-1.05M or -12.3%), and Morocco (€-602k or -71.2%), and product exports decrease in Electrical Control Boards (€-2.54M or -86.9%), Ball Bearings (€-832k or -56%), and Pig Meat (€-818k or -16%). In September 2024, the decrease in Salamanca's year-by-year imports was explained primarily by an decrease in imports from United Kingdom (€-55.2M or -97%), United States (€-2.62M or -44.6%), and Germany (€-2.57M or -38.3%), and product imports decrease in Sulfate Chemical Woodpulp (€-1.6M or -51.1%), Mixed Mineral or Chemical Fertilizers (€-1.55M or -50.1%), and Electrical Transformers (€-613k or -53.3%).

Latest Data

Time Scale
Flow
Color
Depth
EXPORT GROWTH (September 2023 - September 2024)€-128k(-0.18%)
IMPORT GROWTH (September 2023 - September 2024)€-55.3M(-49.3%)

This section shows exports and imports data at subnational level for Salamanca. 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 Salamanca over time.

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Historical Data

Yearly Exports

Color
Depth
Top Destination (2023)Portugal€264M
Top Product (2023)Fuel elements non-irradiated, for nuclear reactors€297M

In 2023 the top export destinations of Salamanca were Portugal (€264M), France (€187M), Netherlands (€127M), Belgium (€95M), and Germany (€76.5M).

In 2023 the top exports of Salamanca were Fuel elements non-irradiated, for nuclear reactors (€297M), Veterinary vaccines and similar products (€120M), New Rubber Pneumatic Tyres for Motor... (€64.6M), Other Frozen Pork Cuts (€54.2M), and Ethyl alcohol and other spirits, denatured (€37.2M).

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Exports Dynamics

Fastest Growing Exports Destination (Sep 2023 - Sep 2024)
Netherlands €2.07M (20.1%)
United States €1.85M (187%)
Italy €390k (13%)
Rapidly Declining Export Origins (Sep 2023 - Sep 2024)
Germany -€2.98M (-40.8%)
France -€1.05M (-12.3%)
Morocco -€602k (-71.2%)

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Yearly Imports

Color
Depth
Top Origin (2023)United Kingdom€499M
Top Import (2023)Uranium (enriched U235), plutonium compounds, alloys€487M

In 2023 the top import origins of Salamanca were United Kingdom (€499M), Netherlands (€96.4M), Portugal (€81.6M), United States (€69.7M), and France (€60.5M).

In 2023 the top imports of Salamanca were Uranium (enriched U235), plutonium compounds, alloys (€487M), Veterinary vaccines and similar products (€74.2M), New Rubber Pneumatic Tyres for Motor... (€68.6M), Chem wood pulp, soda/sulphate, non-conifer, bleached (€34.4M), and Medicaments in Dosage (n.e.s.) (€32.8M).

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Imports Dynamics

Fastest Growing Import Origins (Sep 2023 - Sep 2024)
Portugal €3.04M (50.8%)
Sweden €2.38M (4.84k%)
Netherlands €1.71M (28.4%)
Rapidly Declining Import Origins (Sep 2023 - Sep 2024)
United Kingdom -€55.2M (-97%)
United States -€2.62M (-44.6%)
Germany -€2.57M (-38.3%)

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Economic Complexity

Economic Complexity of Salamanca

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Economic Complexity (2023)-0.24

Salamanca ranks 30th 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. Salamanca it is in position 30th 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 Salamanca already has a comparative advantage, are led by Bovine (0.1), Other Oily Seeds (0.094), Sawn Wood (0.094), Bran (0.093), and Wheat (0.093).

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Most Complex Products by PCI

The highest complexity exports of Salamanca according to the product complexity index (PCI) are Metal Molds (1.45), Vaccines, blood, antisera, toxins and cultures (1.45), Ball Bearings (1.31), Large Coated Flat-Rolled Iron (1), Liquid Dispersing Machines (0.9), Compounded Unvulcanised Rubber (0.9), Nuclear Reactors (0.78), Electrical Transformers (0.77), Other Glass Articles (0.68), and Pig Meat (0.66). 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 Nuclear Reactors (1580.35), Animal Fat (330.83), Honey (160.95), Preserved Meat (131.55), and Pig and Poultry Fat (102.39).

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