2019 Economic Complexity: -0.18, Rank 19 of 49
Jan 2021 Trade Exports | Imports: €629M | €884M, 11 of 53 | 4 of 53
Jan 2021 Country Destination | Origin: France | Germany , €133M | €116M
Jan 2021 Product Exports | Imports: Propylene Polymers | Crude Petroleum , €54.3M | €189M
Overview: This page contains the latest international trade data for Tarragona, including export and import data.
Exports: In 2020, Spain's Tarragona exported €7.62B, making it the 10th largest exporter out of the 52 exporters in Spain. In 2020 the top exports of Tarragona were Games: video game consoles and machines,... (€658M), Light petroleum distillates nes (€378M), Electrical switch, protector, connecter for <... (€347M), Polypropylene in primary forms (€302M), and Perfumes and toilet waters (€239M).
Imports: In 2020, Spain's Tarragona imported €10.9B, making it the 4th largest importer out of the 52 importers in Spain. In 2020 top imports of Tarragona were Petroleum oils, oils from bituminous minerals,... (€2.17B), Maize except seed corn (€366M), Ignition/other wiring sets for vehicles/aircraft/ship (€311M), Soya-bean oil-cake and other solid residues (€297M), and Propane, liquefied (€274M).
Economic Complexity: In 2019, the highest complexity exports of Tarragona according to the product complexity index (PCI) are Other Nitrogen Compounds (1.44), Acrylic Polymers (1.41), Other Heating Machinery (1.27), Amino-resins (1.25), and Hydrazine or Hydroxylamine Derivatives (1.12). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Overview: In January 2021 Tarragona exported €629M and imported €884M, resulting in a negative trade balance of €255M. Between January 2020 and January 2021 the exports of Tarragona have decreased by $-22.7M (-3.48%) from €652M to €629M, while imports decreased by €-329M (-27.1%) from €1.21B to €884M.
Trade: In January 2021, the top exports of Tarragona were Propylene Polymers (€54.3M), Ethylene Polymers (€48.7M), Pesticides (€24.9M), Petroleum Coke (€23M), and Polyacetals (€22.2M). In January 2021 the top imports of Tarragona were Crude Petroleum (€189M), Cars (€52.1M), Corn (€44.7M), Refined Petroleum (€33.9M), and Other Furniture (€20.3M).
Destinations: In January 2021, Tarragona exported mostly to France (€133M), Italy (€86.8M), Germany (€69.6M), Portugal (€47.5M), and Morocco (€33.1M), and imported mostly from Germany (€116M), Libya (€91.4M), France (€70.6M), Algeria (€62.8M), and Italy (€52M).
Growth: In January 2021, the decrease in Tarragona's year-by-year exports was explained primarily by an decrease in exports to United Kingdom (€-19M or -53.8%), United States (€-17.9M or -48.9%), and Belgium (€-16.3M or -51.4%), and product exports decrease in Low-voltage Protection Equipment (€-19.6M or -48%), Petroleum Gas (€-18.4M or -99.8%), and Commodities not elsewhere specified (€-18.3M or -71.8%). In January 2021, the decrease in Tarragona's year-by-year imports was explained primarily by an decrease in imports from Canada (€-65.5M or -98.3%), Kazakhstan (€-44.6M or -100%), and Morocco (€-31.8M or -46.5%), and product imports decrease in Crude Petroleum (€-150M or -44.2%), Cars (€-39.7M or -43.3%), and Petroleum Gas (€-31.2M or -68.8%).
EXPORT GROWTH (January 2020 - January 2021): €-22.7M, (-3.48%)
IMPORT GROWTH (January 2020 - January 2021): €-329M, (-27.1%)
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.
This section shows the differences between Tarragona's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit Spain's country profile.
Top Destination (2020): France, €1.81B
Top Product (2020): Games: video game consoles and machines,..., €658M
In 2020 the top export destinations of Tarragona were France (€1.81B), Italy (€975M), Germany (€667M), Portugal (€662M), and United Kingdom (€421M).
In 2020 the top exports of Tarragona were Games: video game consoles and machines,... (€658M), Light petroleum distillates nes (€378M), Electrical switch, protector, connecter for <... (€347M), Polypropylene in primary forms (€302M), and Perfumes and toilet waters (€239M).
Fastest Growing Exports Destination (Jan 2020 - Jan 2021)
Rapidly Declining Export Origins (Jan 2020 - Jan 2021)
Top Origin (2020): Germany, €1.27B
Top Import (2020): Petroleum oils, oils from bituminous minerals,..., €2.17B
In 2020 the top import origins of Tarragona were Germany (€1.27B), France (€744M), Italy (€663M), South Korea (€621M), and Morocco (€614M).
In 2020 the top imports of Tarragona were Petroleum oils, oils from bituminous minerals,... (€2.17B), Maize except seed corn (€366M), Ignition/other wiring sets for vehicles/aircraft/ship (€311M), Soya-bean oil-cake and other solid residues (€297M), and Propane, liquefied (€274M).
Tarragona ranks 19th out of the 52 provinces in Spain according to ECI.
Estimated using exports data.
The economic complexity of a territory can change year to year. Tarragona it is in position 19th considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Tarragona already has a comparative advantage, are led by Tropical Fruits (0.21), Other Fruits (0.2), Wheat Flours (0.2), Tomatoes (0.2), and Knit Men's Shirts (0.2).
The highest complexity exports of Tarragona according to the product complexity index (PCI) are Other Nitrogen Compounds (1.44), Acrylic Polymers (1.41), Other Heating Machinery (1.27), Amino-resins (1.25), and Hydrazine or Hydroxylamine Derivatives (1.12). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The most specialized products according to the RCA index are led by Legume Flours (83.8), Jams (78.4), Prepared Cereals (57.3), Lighters (50.9), and Recovered Paper Pulp (47.3).
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.
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.
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Tarragona