Valladolid

Province in Castile and LeΓ³n, Autonomous Community in Spain

2019
Economic
Complexity
: -0.19, Rank 23 of 49

Jan 2021
Trade
Exports | Imports
: €224M | €428M, 22 of 53 | 13 of 53

Jan 2021
Country
Destination | Origin
: France | France , €73.6M  | €136M

Jan 2021
Product
Exports | Imports
: Combustion Engines | Vehicle Parts , €33.4M  | €159M

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

Exports: In 2020, Spain's Valladolid exported €4.24B, making it the 20th largest exporter out of the 52 exporters in Spain. In 2020 the top exports of Valladolid were Small Sized Cars (€794M), Small Diesel Engine Cars (€560M), Engines, diesel, for motor vehicles (€487M), Micro Cars (€318M), and Diesel powered trucks weighing < 5... (€278M).

Imports: In 2020, Spain's Valladolid imported €5.3B, making it the 12th largest importer out of the 52 importers in Spain. In 2020 top imports of Valladolid were Motor vehicle parts nes (€1.12B), Filtering or purifying machinery for gases... (€364M), Parts for diesel and semi-diesel engines (€198M), Ignition/other wiring sets for vehicles/aircraft/ship (€178M), and Parts and accessories of bodies nes... (€166M).

Economic Complexity: In 2019, the highest complexity exports of Valladolid according to the product complexity index (PCI) are Transmissions (1.59), Self-adhesive Plastics (1.38), Sulfonamides (1.21), Combustion Engines (1.17), and Vehicle Parts (1.12). 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 Valladolid'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): France, €1.31B

Top Product (2020): Small Sized Cars, €794M

In 2020 the top export destinations of Valladolid were France (€1.31B), Belgium (€423M), United Kingdom (€354M), Italy (€307M), and Portugal (€244M).

In 2020 the top exports of Valladolid were Small Sized Cars (€794M), Small Diesel Engine Cars (€560M), Engines, diesel, for motor vehicles (€487M), Micro Cars (€318M), and Diesel powered trucks weighing < 5... (€278M).

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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): France, €1.62B

Top Import (2020): Motor vehicle parts nes, €1.12B

In 2020 the top import origins of Valladolid were France (€1.62B), Germany (€632M), Portugal (€557M), Italy (€405M), and Poland (€265M).

In 2020 the top imports of Valladolid were Motor vehicle parts nes (€1.12B), Filtering or purifying machinery for gases... (€364M), Parts for diesel and semi-diesel engines (€198M), Ignition/other wiring sets for vehicles/aircraft/ship (€178M), and Parts and accessories of bodies nes... (€166M).

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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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Valladolid ranks 23rd 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. Valladolid it is in position 23rd 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 Valladolid already has a comparative advantage, are led by Bovine (0.08), Particle Board (0.079), Milk (0.079), Other Prepared Meat (0.079), and Honey (0.078).

Most Complex Products by PCI

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The highest complexity exports of Valladolid according to the product complexity index (PCI) are Transmissions (1.59), Self-adhesive Plastics (1.38), Sulfonamides (1.21), Combustion Engines (1.17), and Vehicle Parts (1.12). 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 Combustion Engines (54.5), Used Rubber Tires (35.4), Other Meat (35.3), Poultry (34.8), and Spark-Ignition Engines (24.6).

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