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Province in Castile and León, Autonomous Community in Spain

2024
Economic
Complexity -0.2Rank 28 of 49
Dec 2024
Trade
Exports | Imports €98.7M | €120M41 of 53 | 33 of 53
Dec 2024
Country
Destination | Origin France | United Kingdom €49.1M  | €72.4M

About

Overview This page contains the latest international trade data for Salamanca. In December 2024 Salamanca was the number 41 in total exports and the number 34 in total imports in Spain.

Exports In 2024, Spain's Salamanca exported €1.13B, making it the 41st largest exporter out of the 52 exporters in Spain. In 2024 the top exports of Salamanca were Fuel elements non-irradiated, for nuclear reactors (€259M), Veterinary vaccines and similar products (€161M), New Rubber Pneumatic Tyres for Motor... (€66.2M), Other Frozen Pork Cuts (€42.2M), and Fresh/Chilled Beef (Whole & Halves) (€42.1M).

Imports In 2024, Spain's Salamanca imported €1.09B, making it the 34th largest importer out of the 52 importers in Spain. In 2024 top imports of Salamanca were Uranium (enriched U235), plutonium compounds, alloys (€799M), Veterinary vaccines and similar products (€97.7M), New Rubber Pneumatic Tyres for Motor... (€85.3M), Medicaments in Dosage (n.e.s.) (€33.6M), and Chem wood pulp, soda/sulphate, non-conifer, bleached (€25.1M).

Economic Complexity In 2024, the highest complexity exports of Salamanca according to the product complexity index (PCI) are Ball Bearings (1.37), Wrenches (1.35), Vaccines, blood, antisera, toxins and cultures (1.34), Liquid Dispersing Machines (1.07), Compounded Unvulcanised Rubber (1.02), Other Glass Articles (0.94), Vending Machines (0.91), Laboratory Reagents (0.85), Electrical Transformers (0.85), and Base Metal Watches (0.84). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Latest Trends

December, 2024

About

Overview In December 2024 Salamanca exported €98.7M and imported €120M, resulting in a negative trade balance of €21.7M. Between December 2023 and December 2024 the exports of Salamanca have increased by $9.89M (11.1%) from €88.8M to €98.7M, while imports increased by €7.04M (6.21%) from €113M to €120M.

Trade In December 2024, the top exports of Salamanca were Nuclear Reactors (€42.9M), Rubber Tires (€8.21M), Bovine Meat (€4.5M), Vaccines, blood, antisera, toxins and cultures (€4.4M), and Alcohol > 80% ABV (€4.15M). In December 2024 the top imports of Salamanca were Radioactive Chemicals (€69.1M), Rubber Tires (€10.2M), Vaccines, blood, antisera, toxins and cultures (€8.83M), Packaged Medicaments (€4.72M), and Sulfate Chemical Woodpulp (€1.47M).

Destinations In December 2024, Salamanca exported mostly to France (€49.1M), Portugal (€21.7M), Netherlands (€4.66M), Germany (€3.59M), and United States (€3.06M), and imported mostly from United Kingdom (€72.4M), Netherlands (€9.92M), Portugal (€6.7M), France (€6.56M), and China (€5.54M).

Growth In December 2024, the increase in Salamanca's year-by-year exports was explained primarily by an increase in exports to France (€9.86M or 25.1%), Portugal (€2.96M or 15.8%), and United States (€1.08M or 54.9%), and product exports increase in Nuclear Reactors (€11.9M or 38.4%), Electric Heaters (€1.09M or 111%), and Equine and Bovine Hides (€812k or 740%). In December 2024, the increase in Salamanca's year-by-year imports was explained primarily by an increase in imports from Netherlands (€3.6M or 56.9%), France (€2.61M or 65.9%), and China (€2.46M or 80.1%), and product imports increase in Vaccines, blood, antisera, toxins and cultures (€4.43M or 101%), Rubber Tires (€3.91M or 61.8%), and Packaged Medicaments (€1.39M or 41.7%).

Latest Data

Time Scale
Flow
Color
Depth
EXPORT GROWTH (December 2023 - December 2024)€9.89M(11.1%)
IMPORT GROWTH (December 2023 - December 2024)€7.04M(6.21%)

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 (2024)France€294M
Top Product (2024)Fuel elements non-irradiated, for nuclear reactors€259M

In 2024 the top export destinations of Salamanca were France (€294M), Portugal (€259M), Netherlands (€171M), Germany (€69.5M), and Finland (€52.2M).

In 2024 the top exports of Salamanca were Fuel elements non-irradiated, for nuclear reactors (€259M), Veterinary vaccines and similar products (€161M), New Rubber Pneumatic Tyres for Motor... (€66.2M), Other Frozen Pork Cuts (€42.2M), and Fresh/Chilled Beef (Whole & Halves) (€42.1M).

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Exports Dynamics

Fastest Growing Exports Destination (Dec 2023 - Dec 2024)
France €9.86M (25.1%)
Portugal €2.96M (15.8%)
United States €1.08M (54.9%)
Rapidly Declining Export Origins (Dec 2023 - Dec 2024)
Netherlands -€1.94M (-29.4%)
Germany -€1.07M (-23%)
Chinese Taipei -€606k (-69.5%)

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Yearly Imports

Color
Depth
Top Origin (2024)United Kingdom€731M
Top Import (2024)Uranium (enriched U235), plutonium compounds, alloys€799M

In 2024 the top import origins of Salamanca were United Kingdom (€731M), United States (€137M), Netherlands (€113M), Portugal (€92.7M), and France (€63.2M).

In 2024 the top imports of Salamanca were Uranium (enriched U235), plutonium compounds, alloys (€799M), Veterinary vaccines and similar products (€97.7M), New Rubber Pneumatic Tyres for Motor... (€85.3M), Medicaments in Dosage (n.e.s.) (€33.6M), and Chem wood pulp, soda/sulphate, non-conifer, bleached (€25.1M).

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Imports Dynamics

Fastest Growing Import Origins (Dec 2023 - Dec 2024)
Netherlands €3.6M (56.9%)
France €2.61M (65.9%)
China €2.46M (80.1%)
Rapidly Declining Import Origins (Dec 2023 - Dec 2024)
United Kingdom -€3.89M (-5.1%)
Turkey -€1.37M (-80.5%)
Brazil -€724k (-32.9%)

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Economic Complexity

Economic Complexity of Salamanca

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Economic Complexity (2024)-0.2

Salamanca ranks 28th 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 28th 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), Soybeans (0.1), Beer (0.1), Wheat (0.099), and Malt Extract (0.098).

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Most Complex Products by PCI

The highest complexity exports of Salamanca according to the product complexity index (PCI) are Ball Bearings (1.37), Wrenches (1.35), Vaccines, blood, antisera, toxins and cultures (1.34), Liquid Dispersing Machines (1.07), Compounded Unvulcanised Rubber (1.02), Other Glass Articles (0.94), Vending Machines (0.91), Laboratory Reagents (0.85), Electrical Transformers (0.85), and Base Metal Watches (0.84). 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 (1388.29), Animal Fat (317.96), Honey (194.51), Preserved Meat (141.07), and Alcohol > 80% ABV (87.12).

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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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