Soria

Province in Castile and LeΓ³n, Autonomous Community in Spain

2019
Economic
Complexity
: -0.12, Rank 15 of 49

Jan 2021
Trade
Exports | Imports
: €34M | €25.3M, 46 of 53 | 46 of 53

Jan 2021
Country
Destination | Origin
: Germany | Germany , €7.82M  | €6.16M

Jan 2021
Product
Exports | Imports
: Padlocks | Acyclic Hydrocarbons , €6.64M  | €3.58M

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

Exports: In 2020, Spain's Soria exported €440M, making it the 47th largest exporter out of the 52 exporters in Spain. In 2020 the top exports of Soria were Paper and paperboard: self-adhesive, in rolls... (€81.1M), Locks of a kind used for... (€64.5M), Vehicle parts: brakes, servo-brakes and parts... (€44.2M), Hormones nes, except contraceptives, in dosage (€33.3M), and Articles of vulcanised rubber nes, except... (€27.9M).

Imports: In 2020, Spain's Soria imported €319M, making it the 45th largest importer out of the 52 importers in Spain. In 2020 top imports of Soria were Radio remote control apparatus (€31.5M), Transmissions for motor vehicles (€25.3M), Paper, glassine, glazed transparent or translucent... (€21.4M), Unsaturated acyclic hydrocarbons nes (€17.8M), and Hormones nes, except contraceptives, in dosage (€15.1M).

Economic Complexity: In 2019, the highest complexity exports of Soria according to the product complexity index (PCI) are Glass Mirrors (1.28), Vehicle Parts (1.12), Glues (1.12), Iron Springs (1.06), and Kaolin Coated Paper (0.87). 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 Soria'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): Germany, €83.2M

Top Product (2020): Paper and paperboard: self-adhesive, in rolls..., €81.1M

In 2020 the top export destinations of Soria were Germany (€83.2M), France (€62.8M), Italy (€37.6M), Portugal (€34.9M), and United Kingdom (€34.3M).

In 2020 the top exports of Soria were Paper and paperboard: self-adhesive, in rolls... (€81.1M), Locks of a kind used for... (€64.5M), Vehicle parts: brakes, servo-brakes and parts... (€44.2M), Hormones nes, except contraceptives, in dosage (€33.3M), and Articles of vulcanised rubber nes, except... (€27.9M).

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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): Germany, €78.1M

Top Import (2020): Radio remote control apparatus, €31.5M

In 2020 the top import origins of Soria were Germany (€78.1M), France (€55.2M), Belgium (€35.8M), China (€27M), and Portugal (€21.1M).

In 2020 the top imports of Soria were Radio remote control apparatus (€31.5M), Transmissions for motor vehicles (€25.3M), Paper, glassine, glazed transparent or translucent... (€21.4M), Unsaturated acyclic hydrocarbons nes (€17.8M), and Hormones nes, except contraceptives, in dosage (€15.1M).

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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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Soria ranks 15th 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 15th 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 (0.064), Milk (0.063), Bovine Meat (0.061), Prepared Cereals (0.061), and Sawn Wood (0.06).

Most Complex Products by PCI

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The highest complexity exports of Soria according to the product complexity index (PCI) are Glass Mirrors (1.28), Vehicle Parts (1.12), Glues (1.12), Iron Springs (1.06), and Kaolin Coated Paper (0.87). 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 (207), Cellulose Fibers Paper (159), Glass Mirrors (157), Preserved Meat (88.9), and Raw Iron Bars (61.2).

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.