2020 Economic Complexity : -0.19, Rank 22 of 48
Apr 2021 Trade Exports | Imports: €787M | €1.06B, 11 of 53 | 4 of 53
Apr 2021 Country Destination | Origin: France | Germany , €152M | €132M
Apr 2021 Product Exports | Imports: Games: video game consoles and machines, other than... | Petroleum oils, oils from bituminous minerals, crude , €43.3M | €313M
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 Acrylic Polymers (1.41), Amino-resins (1.25), Non-woven Textiles (1.04), Other Vinyl Polymers (1.02), and Video and Card Games (0.89). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Overview: In April 2021 Tarragona exported €787M and imported €1.06B, resulting in a negative trade balance of €272M. Between April 2020 and April 2021 the exports of Tarragona have increased by $338M (75.1%) from €449M to €787M, while imports increased by €434M (69.5%) from €624M to €1.06B.
Trade: In April 2021, the top exports of Tarragona were Propylene Polymers (€69.5M), Ethylene Polymers (€51.3M), Coal Tar Oil (€48.5M), Video and Card Games (€43.3M), and Low-voltage Protection Equipment (€25.7M). In April 2021 the top imports of Tarragona were Crude Petroleum (€313M), Cars (€60.4M), Refined Petroleum (€39.8M), Other Furniture (€24.3M), and Soybean Meal (€22.9M).
Destinations: In April 2021, Tarragona exported mostly to France (€152M), Italy (€123M), Germany (€73.2M), Portugal (€61.6M), and Netherlands (€47.3M), and imported mostly from Germany (€132M), Libya (€101M), France (€72.9M), South Korea (€52.7M), and Equatorial Guinea (€52.6M).
Growth: In April 2021, the increase in Tarragona's year-by-year exports was explained primarily by an increase in exports to France (€59.6M or 64.7%), Italy (€53.6M or 77.4%), and United States (€35.7M or 426%), and product exports increase in Propylene Polymers (€27.1M or 64.1%), Ethylene Polymers (€22M or 75%), and Petroleum Coke (€18.5M or 437%). In April 2021, the increase in Tarragona's year-by-year imports was explained primarily by an increase in imports from Mexico (€44.8M or 11.1k%), Germany (€41.3M or 45.7%), and Morocco (€31M or 588%), and product imports increase in Crude Petroleum (€236M or 308%), Cars (€27.5M or 83.3%), and Other Furniture (€20.8M or 599%).
EXPORT GROWTH (April 2020 - April 2021): €338M, (75.1%)
IMPORT GROWTH (April 2020 - April 2021): €434M, (69.5%)
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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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 (Apr 2020 - Apr 2021)
Rapidly Declining Export Origins (Apr 2020 - Apr 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).
Economic Complexity (2020): -0.19
Tarragona ranks 22nd 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.
The economic complexity of a territory can change year to year. Tarragona it is in position 22nd 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 (0.24), Knit Men's Shirts (0.23), Other Knit Garments (0.23), Knit Women's Shirts (0.23), and Knit Men's Suits (0.23).
The highest complexity exports of Tarragona according to the product complexity index (PCI) are Acrylic Polymers (1.41), Amino-resins (1.25), Non-woven Textiles (1.04), Other Vinyl Polymers (1.02), and Video and Card Games (0.89). 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 Recovered Paper Pulp (76.2), Prepared Cereals (72.3), Legume Flours (70.6), Jams (68.2), and Lighters (59.4).
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