Soria

Province in Castilla y León, Autonomous Community in Spain

Exports (2019): €454M, Rnk 47/52

Top Destination (2019): €101M, Germany

Top Export (2019): €78.7M, Paper and paperboard: self-adhesive, in rolls...

Imports (2019): €333M, Rnk 45/52

Top Origin (2019): €83.5M, Germany

Top Import (2019): €29.8M, Radio remote control apparatus

Economic Complexity (2019): 0.092, Rnk 7 / 52

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

Exports: In 2019, Spain's Soria exported €454M, making it the 47th largest exporter out of the 52 exporters in Spain. In 2019 the top exports of Soria were Paper and paperboard: self-adhesive, in rolls... (€78.7M), Locks of a kind used for... (€69.9M), Hormones nes, except contraceptives, in dosage (€51.2M), Vehicle parts: brakes, servo-brakes and parts... (€41.1M), and Articles of vulcanised rubber nes, except... (€32M).

Imports: In 2019, Spain's Soria imported €333M, making it the 45th largest importer out of the 52 importers in Spain. In 2019 top imports of Soria were Radio remote control apparatus (€29.8M), Transmissions for motor vehicles (€24.9M), Paper, glassine, glazed transparent or translucent... (€22.7M), Unsaturated acyclic hydrocarbons nes (€14M), and Communion wafers, rice paper, bakers wares... (€12.5M).

Economic Complexity: In 2019, the highest complexity exports of Soria according to the product complexity index (PCI) are Steel Wire (1.28), Glass Mirrors (1.18), Iron Springs (1.12), Glues (1.12), and Vehicle Parts (1.05). 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): Germany, €101M

Top Product (2019): Paper and paperboard: self-adhesive, in rolls..., €78.7M

In 2019 the top export destinations of Soria were Germany (€101M), France (€62.2M), Belgium (€45M), Italy (€36.1M), and Portugal (€34.6M).

In 2019 the top exports of Soria were Paper and paperboard: self-adhesive, in rolls... (€78.7M), Locks of a kind used for... (€69.9M), Hormones nes, except contraceptives, in dosage (€51.2M), Vehicle parts: brakes, servo-brakes and parts... (€41.1M), and Articles of vulcanised rubber nes, except... (€32M).

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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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Depth

Top Origin (2019): Germany, €83.5M

Top Import (2019): Radio remote control apparatus, €29.8M

In 2019 the top import origins of Soria were Germany (€83.5M), France (€63.3M), China (€27.5M), Belgium (€26.9M), and Czechia (€23.1M).

In 2019 the top imports of Soria were Radio remote control apparatus (€29.8M), Transmissions for motor vehicles (€24.9M), Paper, glassine, glazed transparent or translucent... (€22.7M), Unsaturated acyclic hydrocarbons nes (€14M), and Communion wafers, rice paper, bakers wares... (€12.5M).

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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 Soria throughout time.

This section shows forecasts for total exports and imports from Soria. 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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Soria ranks 7th 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. Soria it is in position 7th 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 Soria already has a comparative advantage, are led by Other Prepared Meat (0.065), Milk (0.064), Malt Extract (0.062), Bovine Meat (0.062), and Prepared Cereals (0.061).

Most Complex Products by PCI

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The highest complexity exports of Soria according to the product complexity index (PCI) are Steel Wire (1.28), Glass Mirrors (1.18), Iron Springs (1.12), Glues (1.12), and Vehicle Parts (1.05). 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 Padlocks (199), Cellulose Fibers Paper (166), Glass Mirrors (150), Preserved Meat (87.2), and Raw Iron Bars (60.6).

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 Soria 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  Soria. These are products that tend to be co-exported with the products that Soria 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.