Salamanca

Province in Castile and LeΓ³n, Autonomous Community in Spain

2019
Economic
Complexity
: -0.34, Rank 35 of 49

Jan 2021
Trade
Exports | Imports
: €126M | €32.6M, 33 of 53 | 45 of 53

Jan 2021
Country
Destination | Origin
: Sweden | Netherlands , €40.3M  | €5.71M

Jan 2021
Product
Exports | Imports
: Nuclear Reactors | Blood, antisera, vaccines, toxins and cultures , €86.3M  | €5.43M

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

Exports: In 2020, Spain's Salamanca exported €802M, making it the 40th largest exporter out of the 52 exporters in Spain. In 2020 the top exports of Salamanca were Fuel elements non-irradiated, for nuclear reactors (€233M), Vaccines: for veterinary medicine (€83.6M), Undenatured ethyl alcohol > 80% by... (€60.1M), Pneumatic tyres new of rubber for... (€40.8M), and Swine cuts, frozen nes (€32.5M).

Imports: In 2020, Spain's Salamanca imported €651M, making it the 39th largest importer out of the 52 importers in Spain. In 2020 top imports of Salamanca were Uranium (enriched U235), plutonium compounds, alloys (€226M), Vaccines: for veterinary medicine (€69.2M), Fuel elements non-irradiated, for nuclear reactors (€28.8M), Pneumatic tyres new of rubber for... (€28.2M), and Medicaments nes, in dosage (€21.3M).

Economic Complexity: In 2019, the highest complexity exports of Salamanca according to the product complexity index (PCI) are Metal Molds (1.52), Rolling Machines (1.46), Blood, antisera, vaccines, toxins and cultures (0.99), Liquid Dispersing Machines (0.92), and Laboratory Reagents (0.88). 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 Salamanca'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, €168M

Top Product (2020): Fuel elements non-irradiated, for nuclear reactors, €233M

In 2020 the top export destinations of Salamanca were France (€168M), Portugal (€144M), Netherlands (€126M), Belgium (€73.1M), and Sweden (€60.1M).

In 2020 the top exports of Salamanca were Fuel elements non-irradiated, for nuclear reactors (€233M), Vaccines: for veterinary medicine (€83.6M), Undenatured ethyl alcohol > 80% by... (€60.1M), Pneumatic tyres new of rubber for... (€40.8M), and Swine cuts, frozen nes (€32.5M).

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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): United Kingdom, €188M

Top Import (2020): Uranium (enriched U235), plutonium compounds, alloys, €226M

In 2020 the top import origins of Salamanca were United Kingdom (€188M), United States (€107M), Netherlands (€74.3M), Portugal (€70.7M), and Germany (€34.5M).

In 2020 the top imports of Salamanca were Uranium (enriched U235), plutonium compounds, alloys (€226M), Vaccines: for veterinary medicine (€69.2M), Fuel elements non-irradiated, for nuclear reactors (€28.8M), Pneumatic tyres new of rubber for... (€28.2M), and Medicaments nes, in dosage (€21.3M).

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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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Salamanca ranks 35th 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. Salamanca it is in position 35th 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 Salamanca already has a comparative advantage, are led by Bovine (0.1), Other Vegetables (0.1), Concentrated Milk (0.1), Pitted Fruits (0.1), and Cheese (0.1).

Most Complex Products by PCI

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The highest complexity exports of Salamanca according to the product complexity index (PCI) are Metal Molds (1.52), Rolling Machines (1.46), Blood, antisera, vaccines, toxins and cultures (0.99), Liquid Dispersing Machines (0.92), and Laboratory Reagents (0.88). 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 Pig and Poultry Fat (N/A), Nuclear Reactors (783), Animal Fat (328), Alcohol > 80% ABV (261), and Honey (204).

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.

Relatedness Space

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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.

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.