Toledo

Province in Castilla-La Mancha, Autonomous Community in Spain

2019
Economic
Complexity
: -0.15, Rank 18 of 49

Jan 2021
Trade
Exports | Imports
: €138M | €176M, 30 of 53 | 23 of 53

Jan 2021
Country
Destination | Origin
: France | China , €22.5M  | €33.2M

Jan 2021
Product
Exports | Imports
: Bovine | Rubber Tires , €8.39M  | €16.7M

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

Exports: In 2020, Spain's Toledo exported €1.92B, making it the 28th largest exporter out of the 52 exporters in Spain. In 2020 the top exports of Toledo were Grape wines, alcoholic grape must nes (€78.8M), Olive oil, virgin (€78M), Cattle: live, other than pure-bred breeding... (€65.6M), Swine meat, salted/dried/smoked not ham/shoulder/bell (€56.3M), and Non-electrical articles of graphite or other... (€51.1M).

Imports: In 2020, Spain's Toledo imported €2.44B, making it the 22nd largest importer out of the 52 importers in Spain. In 2020 top imports of Toledo were Bearings, cylindrical roller, nes (€126M), Vaccines, human use (€111M), Medicaments nes, in dosage (€111M), Pneumatic tyres new of rubber for... (€89.6M), and Pneumatic tyres new of rubber for... (€68.4M).

Economic Complexity: In 2019, the highest complexity exports of Toledo according to the product complexity index (PCI) are Lubricating Products (1.51), Cutting Blades (1.47), Liquid Pumps (1.39), Other Stone Articles (1.08), and Vitamins (1.08). 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 Toledo'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): Portugal, €382M

Top Product (2020): Grape wines, alcoholic grape must nes, €78.8M

In 2020 the top export destinations of Toledo were Portugal (€382M), France (€276M), Germany (€215M), Italy (€122M), and Belgium (€106M).

In 2020 the top exports of Toledo were Grape wines, alcoholic grape must nes (€78.8M), Olive oil, virgin (€78M), Cattle: live, other than pure-bred breeding... (€65.6M), Swine meat, salted/dried/smoked not ham/shoulder/bell (€56.3M), and Non-electrical articles of graphite or other... (€51.1M).

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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, €530M

Top Import (2020): Bearings, cylindrical roller, nes, €126M

In 2020 the top import origins of Toledo were Germany (€530M), China (€319M), Italy (€254M), France (€238M), and Portugal (€180M).

In 2020 the top imports of Toledo were Bearings, cylindrical roller, nes (€126M), Vaccines, human use (€111M), Medicaments nes, in dosage (€111M), Pneumatic tyres new of rubber for... (€89.6M), and Pneumatic tyres new of rubber for... (€68.4M).

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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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Toledo ranks 18th 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. Toledo it is in position 18th 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 Toledo already has a comparative advantage, are led by Milk (0.21), Jams (0.21), Other Processed Vegetables (0.21), Honey (0.21), and Pickled Foods (0.21).

Most Complex Products by PCI

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The highest complexity exports of Toledo according to the product complexity index (PCI) are Lubricating Products (1.51), Cutting Blades (1.47), Liquid Pumps (1.39), Other Stone Articles (1.08), and Vitamins (1.08). 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 Other Stone Articles (152), Preserved Meat (110), Pure Olive Oil (110), Pig and Poultry Fat (91.4), and Cyclic Alcohols (80.1).

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 Toledo 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  Toledo. These are products that tend to be co-exported with the products that Toledo 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.