Salamanca

Province in Castilla y León, Autonomous Community in Spain

Exports (2019): €671M, Rnk 42/52

Top Destination (2019): €143M, Portugal

Top Export (2019): €104M, Fuel elements non-irradiated, for nuclear reactors

Imports (2019): €601M, Rnk 41/52

Top Origin (2019): €156M, United Kingdom

Top Import (2019): €158M, Uranium (enriched U235), plutonium compounds, alloys

Economic Complexity (2019): -0.32, Rnk 35 / 52

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

Exports: In 2019, Spain's Salamanca exported €671M, making it the 42nd largest exporter out of the 52 exporters in Spain. In 2019 the top exports of Salamanca were Fuel elements non-irradiated, for nuclear reactors (€104M), Undenatured ethyl alcohol > 80% by... (€81.2M), Vaccines: for veterinary medicine (€78.9M), Swine cuts, frozen nes (€35.6M), and Pneumatic tyres new of rubber for... (€30.4M).

Imports: In 2019, Spain's Salamanca imported €601M, making it the 41st largest importer out of the 52 importers in Spain. In 2019 top imports of Salamanca were Uranium (enriched U235), plutonium compounds, alloys (€158M), Vaccines: for veterinary medicine (€68.2M), Fuel elements non-irradiated, for nuclear reactors (€29.8M), Pneumatic tyres new of rubber for... (€28.1M), and Medicaments nes, in dosage (€18.8M).

Economic Complexity: In 2019, the highest complexity exports of Salamanca according to the product complexity index (PCI) are Rolling Machines (1.93), Metal Molds (1.4), Blood, antisera, vaccines, toxins and cultures (1.19), Liquid Dispersing Machines (0.97), and Nuclear Reactors (0.96). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Value
Depth

Top Destination (2019): Portugal, €143M

Top Product (2019): Fuel elements non-irradiated, for nuclear reactors, €104M

In 2019 the top export destinations of Salamanca were Portugal (€143M), Netherlands (€141M), France (€97.8M), Belgium (€80.9M), and United Kingdom (€33.5M).

In 2019 the top exports of Salamanca were Fuel elements non-irradiated, for nuclear reactors (€104M), Undenatured ethyl alcohol > 80% by... (€81.2M), Vaccines: for veterinary medicine (€78.9M), Swine cuts, frozen nes (€35.6M), and Pneumatic tyres new of rubber for... (€30.4M).

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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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Value
Depth

Top Origin (2019): United Kingdom, €156M

Top Import (2019): Uranium (enriched U235), plutonium compounds, alloys, €158M

In 2019 the top import origins of Salamanca were United Kingdom (€156M), Netherlands (€75.5M), United States (€70.3M), Portugal (€68.5M), and France (€38.8M).

In 2019 the top imports of Salamanca were Uranium (enriched U235), plutonium compounds, alloys (€158M), Vaccines: for veterinary medicine (€68.2M), Fuel elements non-irradiated, for nuclear reactors (€29.8M), Pneumatic tyres new of rubber for... (€28.1M), and Medicaments nes, in dosage (€18.8M).

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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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Flow
Value

This section shows differences between total trade from Salamanca throughout time.

This section shows forecasts for total exports and imports from Salamanca. 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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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 Other Vegetables (0.1), Citrus (0.1), Bovine (0.1), Other Oily Seeds (0.1), and Fruit Juice (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 Rolling Machines (1.93), Metal Molds (1.4), Blood, antisera, vaccines, toxins and cultures (1.19), Liquid Dispersing Machines (0.97), and Nuclear Reactors (0.96). 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 Nuclear Reactors (712), Animal Fat (339), Alcohol > 80% ABV (262), Honey (190), and Preserved Meat (154).

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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Depth
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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.