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Province in Catalonia, Autonomous Community in Spain

2023
Economic
Complexity -0.21Rank 26 of 49
Aug 2024
Trade
Exports | Imports €738M | €1.4B10 of 53 | 4 of 53
Aug 2024
Country
Destination | Origin France | United States €181M  | €276M

About

Overview This page contains the latest international trade data for Tarragona. In August 2024 Tarragona was the number 9 in total exports and the number 4 in total imports in Spain.

Exports In 2023, Spain's Tarragona exported €10.5B, making it the 9th largest exporter out of the 52 exporters in Spain. In 2023 the top exports of Tarragona were Light petroleum distillates nes (€645M), Other games: video game consoles and... (€596M), Electrical switch, protector, connecter for <... (€528M), Ethylene polymers and ethylene-alpha-olefin copolymers (€442M), and Fungicides (€367M).

Imports In 2023, Spain's Tarragona imported €17.8B, making it the 4th largest importer out of the 52 importers in Spain. In 2023 top imports of Tarragona were Petroleum oils, oils from bituminous minerals,... (€4.32B), Light petroleum distillates nes (€867M), Cereals: wheat and meslin, other than... (€837M), Maize except seed corn (€737M), and Small Sized Cars (€692M).

Economic Complexity In 2023, the highest complexity exports of Tarragona according to the product complexity index (PCI) are Other Nitrogen Compounds (1.38), Amino-resins (1.21), Stone Working Machines (1.15), Other Vinyl Polymers (1.09), Metal Insulating Fittings (1.07), Hydrazine or Hydroxylamine Derivatives (0.93), Video and Card Games (0.72), Styrene Polymers (0.69), Reaction and Catalytic Products (0.66), and Low-voltage Protection Equipment (0.62). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Latest Trends

August, 2024

About

Overview In August 2024 Tarragona exported €738M and imported €1.4B, resulting in a negative trade balance of €664M. Between August 2023 and August 2024 the exports of Tarragona have decreased by $-48.9M (-6.21%) from €787M to €738M, while imports decreased by €-105M (-6.99%) from €1.51B to €1.4B.

Trade In August 2024, the top exports of Tarragona were Ethylene Polymers (€71.9M), Low-voltage Protection Equipment (€52.3M), Crude Petroleum (€39.8M), Propylene Polymers (€35.4M), and Cyclic Hydrocarbons (€24.2M). In August 2024 the top imports of Tarragona were Crude Petroleum (€286M), Cars (€213M), Refined Petroleum (€110M), Petroleum Gas (€44.3M), and Soybean Meal (€38.9M).

Destinations In August 2024, Tarragona exported mostly to France (€181M), Germany (€78M), Portugal (€77.1M), Italy (€60.8M), and Morocco (€38.8M), and imported mostly from United States (€276M), South Korea (€115M), Germany (€108M), China (€94.8M), and Angola (€79.7M).

Growth In August 2024, the decrease in Tarragona's year-by-year exports was explained primarily by an decrease in exports to Malta (€-27.9M or -99.5%), Belgium (€-16.8M or -46.1%), and Turkey (€-9.82M or -33.6%), and product exports decrease in Refined Petroleum (€-44.2M or -85.4%), Petroleum Coke (€-17M or -69.3%), and Cyclic Hydrocarbons (€-11.1M or -31.6%). In August 2024, the decrease in Tarragona's year-by-year imports was explained primarily by an decrease in imports from United Arab Emirates (€-57.2M or -99.1%), Brazil (€-54.8M or -52.6%), and Romania (€-43M or -88.4%), and product imports decrease in Refined Petroleum (€-95.4M or -46.5%), Wheat (€-43.2M or -59.3%), and Barley (€-31.6M or -81.3%).

Latest Data

Time Scale
Flow
Color
Depth
EXPORT GROWTH (August 2023 - August 2024)€-48.9M(-6.21%)
IMPORT GROWTH (August 2023 - August 2024)€-105M(-6.99%)

This section shows exports and imports data at subnational level for Tarragona. 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 Tarragona over time.

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Historical Data

Yearly Exports

Color
Depth
Top Destination (2023)France€2.57B
Top Product (2023)Light petroleum distillates nes€645M

In 2023 the top export destinations of Tarragona were France (€2.57B), Italy (€1.25B), Germany (€1.02B), Portugal (€873M), and Morocco (€533M).

In 2023 the top exports of Tarragona were Light petroleum distillates nes (€645M), Other games: video game consoles and... (€596M), Electrical switch, protector, connecter for <... (€528M), Ethylene polymers and ethylene-alpha-olefin copolymers (€442M), and Fungicides (€367M).

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Exports Dynamics

Fastest Growing Exports Destination (Aug 2023 - Aug 2024)
France €11.7M (6.96%)
United Kingdom €5.69M (20.5%)
China €4.31M (16.5%)
Rapidly Declining Export Origins (Aug 2023 - Aug 2024)
Malta -€27.9M (-99.5%)
Belgium -€16.8M (-46.1%)
Turkey -€9.82M (-33.6%)

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Yearly Imports

Color
Depth
Top Origin (2023)United States€1.76B
Top Import (2023)Petroleum oils, oils from bituminous minerals,...€4.32B

In 2023 the top import origins of Tarragona were United States (€1.76B), Germany (€1.69B), France (€932M), Italy (€926M), and South Korea (€907M).

In 2023 the top imports of Tarragona were Petroleum oils, oils from bituminous minerals,... (€4.32B), Light petroleum distillates nes (€867M), Cereals: wheat and meslin, other than... (€837M), Maize except seed corn (€737M), and Small Sized Cars (€692M).

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Imports Dynamics

Fastest Growing Import Origins (Aug 2023 - Aug 2024)
United States €98.2M (55.2%)
Algeria €44.1M (426%)
China €33.6M (54.9%)
Rapidly Declining Import Origins (Aug 2023 - Aug 2024)
United Arab Emirates -€57.2M (-99.1%)
Brazil -€54.8M (-52.6%)
Romania -€43M (-88.4%)

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Economic Complexity

Economic Complexity of Tarragona

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Economic Complexity (2023)-0.21

Tarragona ranks 26th 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.

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Economic Complexity Ranking

Value

The economic complexity of a territory can change year to year. Tarragona it is in position 26th considering its ECI in the last year.

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Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were Tarragona already has a comparative advantage, are led by Knit Men's Shirts (0.26), Knit Men's Suits (0.25), Non-Knit Men's Undergarments (0.25), Other Knit Garments (0.25), and Knit Men's Coats (0.25).

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Most Complex Products by PCI

The highest complexity exports of Tarragona according to the product complexity index (PCI) are Other Nitrogen Compounds (1.38), Amino-resins (1.21), Stone Working Machines (1.15), Other Vinyl Polymers (1.09), Metal Insulating Fittings (1.07), Hydrazine or Hydroxylamine Derivatives (0.93), Video and Card Games (0.72), Styrene Polymers (0.69), Reaction and Catalytic Products (0.66), and Low-voltage Protection Equipment (0.62). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

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Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Prepared Cereals (52.37), Lighters (46.15), Pure Olive Oil (38.36), Jams (33.49), and Video and Card Games (32.47).

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Product Space

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 Tarragona 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.

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Relatedness Space

This network shows the products most related to the production structure of  Tarragona. These are products that tend to be co-exported with the products that Tarragona exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

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Diversification Frontier

Depth
Filter

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. Bubble size corresponds to exports value by year 2020.

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