Santa Cruz De TenerifeProvince in Canary Islands, Autonomous Community in Spain
2020 Economic Complexity : -0.45, Rank 41 of 48
Feb 2021 Trade Exports | Imports: €35.6M | €62.5M, 47 of 53 | 39 of 53
Feb 2021 Country Destination | Origin: World | World , €18.1M | €11.7M
Feb 2021 Product Exports | Imports: Light petroleum distillates nes | Coal tar distillation products nes , €14.7M | €6.83M
Overview: This page contains the latest international trade data for Santa Cruz de Tenerife, including export and import data.
Exports: In 2020, Spain's Santa Cruz De Tenerife exported €516M, making it the 45th largest exporter out of the 52 exporters in Spain. In 2020 the top exports of Santa Cruz De Tenerife were Light petroleum distillates nes (€272M), Commodities not specified according to kind (€36.8M), Coal tar distillation products nes (€33M), Cigarettes containing tobacco (€13.5M), and Cigars, cheroots and cigarillos, containing tobacco (€13M).
Imports: In 2020, Spain's Santa Cruz De Tenerife imported €902M, making it the 34th largest importer out of the 52 importers in Spain. In 2020 top imports of Santa Cruz De Tenerife were Light petroleum distillates nes (€79.4M), Coal tar distillation products nes (€56.2M), Small Sized Cars (€40M), Micro Cars (€30.3M), and Made up articles (textile) nes, textile... (€18.1M).
Economic Complexity: In 2019, the highest complexity exports of Santa Cruz De Tenerife according to the product complexity index (PCI) are Gaskets (1.41), Other Heating Machinery (1.39), Prepared Pigments (1.09), Kaolin Coated Paper (0.93), and Excavation Machinery (0.84). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Overview: In February 2021 Santa Cruz de Tenerife exported €35.6M and imported €62.5M, resulting in a negative trade balance of €26.8M. Between February 2020 and February 2021 the exports of Santa Cruz de Tenerife have decreased by $-49.6M (-58.2%) from €85.2M to €35.6M, while imports decreased by €-16.3M (-20.7%) from €78.8M to €62.5M.
Trade: In February 2021, the top exports of Santa Cruz de Tenerife were Refined Petroleum (€15M), Prefabricated Buildings (€3.53M), Commodities not elsewhere specified (€2.75M), Precious Metal Scraps (€2.4M), and Rolled Tobacco (€2.16M). In February 2021 the top imports of Santa Cruz de Tenerife were Cars (€8.29M), Coal Tar Oil (€6.83M), Washing and Bottling Machines (€4.41M), Delivery Trucks (€1.62M), and Raw Aluminium (€1.44M).
Destinations: In February 2021, Santa Cruz de Tenerife exported mostly to World (€18.1M), Germany (€4.15M), Switzerland (€2.63M), United Kingdom (€1.54M), and Turkey (€1.09M), and imported mostly from World (€11.7M), Germany (€9.67M), Netherlands (€4.63M), Portugal (€3.49M), and Italy (€3.4M).
Growth: In February 2021, the decrease in Santa Cruz de Tenerife's year-by-year exports was explained primarily by an decrease in exports to World (€-54M or -74.9%), Egypt (€-2.54M or -97.9%), and Netherlands (€-499k or -41.6%), and product exports decrease in Refined Petroleum (€-49.5M or -76.7%), Excavation Machinery (€-876k or -94.1%), and Hard Liquor (€-589k or -90.7%). In February 2021, the decrease in Santa Cruz de Tenerife's year-by-year imports was explained primarily by an decrease in imports from Germany (€-7.1M or -42.4%), China (€-3.17M or -51%), and Ireland (€-2.07M or -70.7%), and product imports decrease in Cars (€-5.81M or -41.2%), Medical Instruments (€-1.28M or -52.5%), and Poultry Meat (€-1.26M or -64%).
EXPORT GROWTH (February 2020 - February 2021): €-49.6M, (-58.2%)
IMPORT GROWTH (February 2020 - February 2021): €-16.3M, (-20.7%)
This section shows exports and imports data at subnational level for Santa Cruz de Tenerife. 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 Santa Cruz de Tenerife over time.
For full datasets download visit Bulk Download page.
Top Destination (2020): World, €361M
Top Product (2020): Light petroleum distillates nes, €272M
In 2020 the top export destinations of Santa Cruz De Tenerife were World (€361M), United Kingdom (€16.8M), Turkey (€16.8M), Switzerland (€14M), and Germany (€13.3M).
In 2020 the top exports of Santa Cruz De Tenerife were Light petroleum distillates nes (€272M), Commodities not specified according to kind (€36.8M), Coal tar distillation products nes (€33M), Cigarettes containing tobacco (€13.5M), and Cigars, cheroots and cigarillos, containing tobacco (€13M).
Fastest Growing Exports Destination (Feb 2020 - Feb 2021)
Rapidly Declining Export Origins (Feb 2020 - Feb 2021)
Top Origin (2020): Germany, €147M
Top Import (2020): Light petroleum distillates nes, €79.4M
In 2020 the top import origins of Santa Cruz De Tenerife were Germany (€147M), Netherlands (€96.5M), China (€72.1M), Italy (€57.9M), and Belgium (€44.7M).
In 2020 the top imports of Santa Cruz De Tenerife were Light petroleum distillates nes (€79.4M), Coal tar distillation products nes (€56.2M), Small Sized Cars (€40M), Micro Cars (€30.3M), and Made up articles (textile) nes, textile... (€18.1M).
Economic Complexity (2020): -0.45
Santa Cruz De Tenerife ranks 41st 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.
The economic complexity of a territory can change year to year. Santa Cruz De Tenerife it is in position 41st considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Santa Cruz De Tenerife already has a comparative advantage, are led by Knit Men's Undergarments (0.088), Gold (0.087), Knit Men's Shirts (0.087), Non-fillet Fresh Fish (0.087), and Knit Women's Suits (0.086).
The highest complexity exports of Santa Cruz De Tenerife according to the product complexity index (PCI) are Gaskets (1.41), Other Heating Machinery (1.39), Prepared Pigments (1.09), Kaolin Coated Paper (0.93), and Excavation Machinery (0.84). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The most specialized products according to the RCA index are led by Vehicle Chassis (119), Corrugated Paper (72), Coal Tar Oil (42.4), Other Live Plants (37.1), and Rolled Tobacco (35.7).
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 Santa Cruz De Tenerife 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.
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.
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v4.0.7 ant