2022 Economic Complexity : -0.13, Rank 18 of 49
Jan 2023 Trade Exports | Imports: €1.11B | €1.05B, 5 of 53 | 8 of 53
Jan 2023 Country Destination | Origin: France | China , €212M | €257M
Jan 2023 Product Exports | Imports: Small Sized Cars | Electric accumulators: lithium-ion, including separators, whether or not..., €250M | €67.3M
Overview This page contains the latest international trade data for Zaragoza. In January 2023 Zaragoza was the number 6 in total exports and the number 9 in total imports in Spain.
Exports In 2022, Spain's Zaragoza exported €13.7B, making it the 6th largest exporter out of the 52 exporters in Spain. In 2022 the top exports of Zaragoza were Small Sized Cars (€2.4B), Electric motor Vehicles (€594M), Electric cooking, grilling & roasting equipment... (€498M), Small Diesel Cars (€438M), and Swine cuts, frozen nes (€417M).
Imports In 2022, Spain's Zaragoza imported €13.6B, making it the 9th largest importer out of the 52 importers in Spain. In 2022 top imports of Zaragoza were Electric accumulators: lithium-ion, including separators, whether... (€515M), Pullovers, cardigans etc of manmade fibres,... (€299M), Other Motor vehicle parts (€269M), Womens, girls trousers, shorts, synth fibres,... (€218M), and Ignition/other wiring sets for vehicles/aircraft/ship (€210M).
Economic Complexity In 2022, the highest complexity exports of Zaragoza according to the product complexity index (PCI) are Glass with Edge Workings (1.32), Pig Meat (0.64), Animal Fat (0.41), Unpackaged Medicaments (0.36), Other Uncoated Paper (0.17), Plaster Articles (-0.23), Edible Offal (-0.31), Silicates (-0.44), Animal Organs (-0.93), and Other Knit Garments (-1.36). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
January, 2023
Overview In January 2023 Zaragoza exported €1.11B and imported €1.05B, resulting in a positive trade balance of €61.6M. Between January 2022 and January 2023 the exports of Zaragoza have increased by $77.7M (7.52%) from €1.03B to €1.11B, while imports increased by €124M (13.4%) from €925M to €1.05B.
Trade In January 2023, the top exports of Zaragoza were Cars (€358M), Pig Meat (€63.4M), Electric Heaters (€45.8M), Motor vehicles; parts and accessories (8701... (€42.4M), and Non-Knit Women's Suits (€21.7M). In January 2023 the top imports of Zaragoza were Motor vehicles; parts and accessories (8701... (€77.4M), Electric Batteries (€71.5M), Non-Knit Women's Suits (€49.7M), Telephones (€46.8M), and Knit Sweaters (€31.1M).
Destinations In January 2023, Zaragoza exported mostly to France (€212M), Germany (€167M), Italy (€131M), United Kingdom (€75.1M), and Portugal (€72M), and imported mostly from China (€257M), Germany (€95.1M), France (€90.2M), Morocco (€86.3M), and Turkey (€56.4M).
Growth In January 2023, the increase in Zaragoza's year-by-year exports was explained primarily by an increase in exports to France (€84.9M or 57%), Portugal (€26.1M or 51.9%), and Israel (€6.5M or 249%), and product exports increase in Glass with Edge Workings (€62.8M or 15.1k%), Monofilament (€20M or 23.2k%), and Polyamides (€10.4M or 462%). In January 2023, the increase in Zaragoza's year-by-year imports was explained primarily by an increase in imports from China (€35.1M or 30.2%), France (€15.7M or 15.1%), and Italy (€13.9M or 35.3%), and product imports increase in Knit Sweaters (€18.4M or 75.5%), Cars (€14.6M or 211%), and Non-Knit Women's Suits (€12.7M or 25.7%).
EXPORT GROWTH (January 2022 - January 2023): €77.7M, (7.52%)
IMPORT GROWTH (January 2022 - January 2023): €124M, (13.4%)
This section shows exports and imports data at subnational level for Zaragoza. 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 Zaragoza over time.
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Top Destination (2022): France, €2.47B
Top Product (2022): Small Sized Cars, €2.4B
In 2022 the top export destinations of Zaragoza were France (€2.47B), Germany (€2.09B), United Kingdom (€1.18B), Italy (€1.06B), and Portugal (€896M).
In 2022 the top exports of Zaragoza were Small Sized Cars (€2.4B), Electric motor Vehicles (€594M), Electric cooking, grilling & roasting equipment... (€498M), Small Diesel Cars (€438M), and Swine cuts, frozen nes (€417M).
Top Origin (2022): China, €2.86B
Top Import (2022): Electric accumulators: lithium-ion, including separators, whether..., €515M
In 2022 the top import origins of Zaragoza were China (€2.86B), France (€1.52B), Morocco (€1.3B), Germany (€1.26B), and Turkey (€888M).
In 2022 the top imports of Zaragoza were Electric accumulators: lithium-ion, including separators, whether... (€515M), Pullovers, cardigans etc of manmade fibres,... (€299M), Other Motor vehicle parts (€269M), Womens, girls trousers, shorts, synth fibres,... (€218M), and Ignition/other wiring sets for vehicles/aircraft/ship (€210M).
Economic Complexity (2022): -0.13
Zaragoza ranks 18th 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. Zaragoza 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 Zaragoza already has a comparative advantage, are led by Knit Men's Suits (0.22), Non-Knit Men's Suits (0.22), Knit Women's Undergarments (0.22), Non-Knit Men's Shirts (0.22), and Non-Knit Men's Undergarments (0.22).
The highest complexity exports of Zaragoza according to the product complexity index (PCI) are Glass with Edge Workings (1.32), Pig Meat (0.64), Animal Fat (0.41), Unpackaged Medicaments (0.36), Other Uncoated Paper (0.17), Plaster Articles (-0.23), Edible Offal (-0.31), Silicates (-0.44), Animal Organs (-0.93), and Other Knit Garments (-1.36). 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 Silicates (53.1), Pig Meat (29.2), Glass with Edge Workings (25.7), Animal Fat (23.5), and Plaster Articles (22.6).
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 Zaragoza 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. Bubble size corresponds to exports value by year 2020.
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