Santa Cruz De Tenerife

Province in Islas Canarias, Autonomous Community in Spain

Exports (2019): €852M, Rnk 41/52

Top Destination (2019): €678M, World

Top Export (2019): €410M, Light petroleum distillates nes

Imports (2019): €1.42B, Rnk 30/52

Top Origin (2019): €189M, Germany

Top Import (2019): €357M, Light petroleum distillates nes

Economic Complexity (2019): -0.26, Rnk 32 / 52

Overview: This page contains the latest international trade data for Santa Cruz de Tenerife, including export and import data.

Exports: In 2019, Spain's Santa Cruz De Tenerife exported €852M, making it the 41st largest exporter out of the 52 exporters in Spain. In 2019 the top exports of Santa Cruz De Tenerife were Light petroleum distillates nes (€410M), Coal tar distillation products nes (€86M), Commodities not specified according to kind (€78.5M), Aircraft parts nes (€24.8M), and Motor vehicle chassis fitted with engine (€24.3M).

Imports: In 2019, Spain's Santa Cruz De Tenerife imported €1.42B, making it the 30th largest importer out of the 52 importers in Spain. In 2019 top imports of Santa Cruz De Tenerife were Light petroleum distillates nes (€357M), Coal tar distillation products nes (€97.8M), Small Sized Cars (€58.5M), Micro Cars (€37.2M), and Cheese except fresh, grated, processed or... (€20.6M).

Economic Complexity: In 2019, the highest complexity exports of Santa Cruz De Tenerife according to the product complexity index (PCI) are Other Heating Machinery (1.36), Prepared Pigments (0.98), Binoculars and Telescopes (0.94), Vehicle Chassis (0.89), and Excavation Machinery (0.83). 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): World, €678M

Top Product (2019): Light petroleum distillates nes, €410M

In 2019 the top export destinations of Santa Cruz De Tenerife were World (€678M), United Kingdom (€28.7M), Egypt (€24.5M), Germany (€18.9M), and Turkey (€16.2M).

In 2019 the top exports of Santa Cruz De Tenerife were Light petroleum distillates nes (€410M), Coal tar distillation products nes (€86M), Commodities not specified according to kind (€78.5M), Aircraft parts nes (€24.8M), and Motor vehicle chassis fitted with engine (€24.3M).

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Export Dynamics

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Fastest Growing Exports Destination (August 2019 - August 2020)

Rapidly Declining Export Origins (August 2019 - August 2020)

Yearly Imports

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Top Origin (2019): Germany, €189M

Top Import (2019): Light petroleum distillates nes, €357M

In 2019 the top import origins of Santa Cruz De Tenerife were Germany (€189M), Netherlands (€154M), Italy (€109M), Greece (€97.9M), and France (€88M).

In 2019 the top imports of Santa Cruz De Tenerife were Light petroleum distillates nes (€357M), Coal tar distillation products nes (€97.8M), Small Sized Cars (€58.5M), Micro Cars (€37.2M), and Cheese except fresh, grated, processed or... (€20.6M).

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Import Dynamics

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Fastest Growing Import Origins (August 2019 - August 2020)

Rapidly Declining Import Origins (August 2019 - August 2020)

Comparison in Time

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This section shows differences between total trade from Santa Cruz de Tenerife throughout time.

This section shows forecasts for total exports and imports from Santa Cruz de Tenerife. 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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Santa Cruz De Tenerife ranks 32nd 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. Santa Cruz De Tenerife it is in position 32nd 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 Santa Cruz De Tenerife already has a comparative advantage, are led by Gold (0.07), Cement (0.069), Other Vegetables (0.068), Tropical Fruits (0.067), and Wheat Flours (0.067).

Most Complex Products by PCI

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The highest complexity exports of Santa Cruz De Tenerife according to the product complexity index (PCI) are Other Heating Machinery (1.36), Prepared Pigments (0.98), Binoculars and Telescopes (0.94), Vehicle Chassis (0.89), and Excavation Machinery (0.83). 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 Vehicle Chassis (119), Stranded Iron Wire (73.7), Coal Tar Oil (70.8), Binoculars and Telescopes (63.1), and Other Live Plants (26.5).

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.

Relatedness Space

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This network shows the products most related to the production structure of  Santa Cruz De Tenerife. These are products that tend to be co-exported with the products that Santa Cruz De Tenerife 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.