ToledoProvince 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.
Overview: In January 2021 Toledo exported €138M and imported €176M, resulting in a negative trade balance of €38.1M. Between January 2020 and January 2021 the exports of Toledo have decreased by $-22.5M (-14%) from €160M to €138M, while imports decreased by €-21.5M (-10.9%) from €197M to €176M.
Trade: In January 2021, the top exports of Toledo were Bovine (€8.39M), Medical Instruments (€7.72M), Wine (€7.68M), Pig Meat (€6.67M), and Pure Olive Oil (€6.42M). In January 2021 the top imports of Toledo were Rubber Tires (€16.7M), Chocolate (€7.41M), Baked Goods (€4.22M), Telephones (€4.13M), and Rubber Apparel (€3.74M).
Destinations: In January 2021, Toledo exported mostly to France (€22.5M), Portugal (€21.5M), Germany (€13.6M), Belgium (€12.3M), and Italy (€8.43M), and imported mostly from China (€33.2M), France (€18.2M), Germany (€17.3M), Portugal (€13.9M), and Belgium (€13.7M).
Growth: In January 2021, the decrease in Toledo's year-by-year exports was explained primarily by an decrease in exports to Portugal (€-12.1M or -36.1%), Germany (€-7.73M or -36.3%), and United Kingdom (€-3.79M or -63.2%), and product exports decrease in Other Stone Articles (€-7.42M or -71.1%), Rubber Tires (€-4.3M or -84.2%), and Packaged Medicaments (€-2.52M or -38%). In January 2021, the decrease in Toledo's year-by-year imports was explained primarily by an decrease in imports from Germany (€-15M or -46.4%), Italy (€-14.4M or -54.6%), and United Kingdom (€-2.56M or -72%), and product imports decrease in Blood, antisera, vaccines, toxins and cultures (€-22.4M or -98.5%), Other Stone Articles (€-3.66M or -63%), and Industrial Printers (€-2.47M or -66.9%).
EXPORT GROWTH (January 2020 - January 2021): €-22.5M, (-14%)
IMPORT GROWTH (January 2020 - January 2021): €-21.5M, (-10.9%)
This section shows exports and imports data at subnational level for Toledo. 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 Toledo over time.
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.
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).
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).
Fastest Growing Import Origins (Jan 2020 - Jan 2021)
Rapidly Declining Import Origins (Jan 2020 - Jan 2021)
Toledo ranks 18th 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. Toledo it is in position 18th considering its ECI in the last year.
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).
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.
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.
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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