Tarragona | The Observatory of Economic Complexity

Tarragona

Province in Catalonia, Autonomous Community in Spain

2023
Economic
Complexity -0.21Rank 26 of 49

Sep 2024
Trade
Exports | Imports €886M | €1.26B9 of 53 | 5 of 53

Sep 2024
Country
Destination | Origin France | Germany €247M | €144M

Image 1

Image by Jorge Franganillo
Link: https://flic.kr/p/2dsyVYW

Latest Trends
Historical Data
Economic Complexity

About

Overview This page contains the latest international trade data for Tarragona. In September 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), Video Game Consoles & Machines (€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 Crude Petroleum Oils (€4.32B), Light petroleum distillates nes (€867M), Wheat & Meslin (Excl. Durum &... (€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

September, 2024

About

Overview In September 2024 Tarragona exported €886M and imported €1.26B, resulting in a negative trade balance of €372M. Between September 2023 and September 2024 the exports of Tarragona have decreased by $-17.6M (-1.95%) from €904M to €886M, while imports decreased by €-206M (-14%) from €1.46B to €1.26B.

Trade In September 2024, the top exports of Tarragona were Ethylene Polymers (€60.2M), Crude Petroleum (€59.6M), Low-voltage Protection Equipment (€58.7M), Propylene Polymers (€54M), and Video and Card Games (€39.1M). In September 2024 the top imports of Tarragona were Crude Petroleum (€227M), Cars (€128M), Refined Petroleum (€96.8M), Insulated Wire (€43.9M), and Corn (€36.3M).

Destinations In September 2024, Tarragona exported mostly to France (€247M), Italy (€92.9M), Portugal (€84.2M), Germany (€68.2M), and Turkey (€47.9M), and imported mostly from Germany (€144M), United States (€119M), China (€80.9M), Morocco (€72M), and Italy (€71.7M).

Growth In September 2024, the decrease in Tarragona's year-by-year exports was explained primarily by an decrease in exports to Italy (€-34.2M or -26.9%), Belgium (€-25.3M or -52.8%), and Greece (€-17.1M or -43.2%), and product exports decrease in Refined Petroleum (€-24.8M or -46.1%), Pesticides (€-8.48M or -35.6%), and Electrical Capacitors (€-6M or -68.3%). In September 2024, the decrease in Tarragona's year-by-year imports was explained primarily by an decrease in imports from Libya (€-65.7M or -100%), United States (€-47.8M or -28.8%), and South Korea (€-36.3M or -47.2%), and product imports decrease in Crude Petroleum (€-85M or -27.2%), Wheat (€-46.4M or -59.2%), and Refined Petroleum (€-30.4M or -23.9%).

Latest Data

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

Product

EXPORT GROWTH (September 2023 - September 2024)€-17.6M(-1.95%)

IMPORT GROWTH (September 2023 - September 2024)€-206M(-14%)

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

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

Year

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), Video Game Consoles & Machines (€596M), Electrical switch, protector, connecter for <... (€528M), Ethylene polymers and ethylene-alpha-olefin copolymers (€442M), and Fungicides (€367M).

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Exports Dynamics

Starting Date

Ending Date

Fastest Growing Exports Destination (Sep 2023 - Sep 2024)

France €60.8M (32.6%)

Turkey €23.1M (93.5%)

Brazil €7.34M (102%)

Rapidly Declining Export Origins (Sep 2023 - Sep 2024)

Italy -€34.2M (-26.9%)

Belgium -€25.3M (-52.8%)

Greece -€17.1M (-43.2%)

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Yearly Imports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

Year

Top Origin (2023)United States€1.76B

Top Import (2023)Crude Petroleum Oils€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 Crude Petroleum Oils (€4.32B), Light petroleum distillates nes (€867M), Wheat & Meslin (Excl. Durum &... (€837M), Maize except seed corn (€737M), and Small Sized Cars (€692M).

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Imports Dynamics

Starting Date

Ending Date

Fastest Growing Import Origins (Sep 2023 - Sep 2024)

Singapore €29.7M (3.19k%)

China €29.4M (57.2%)

Angola €24.5M (62.9%)

Rapidly Declining Import Origins (Sep 2023 - Sep 2024)

Libya -€65.7M (-100%)

United States -€47.8M (-28.8%)

South Korea -€36.3M (-47.2%)

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Economic Complexity

Economic Complexity of Tarragona

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Geomap

Treemap

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

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

RCA Filter

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

Section

HS2

HS4

Filter

All

RCA≤1

RCA>1

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.