2019 Economic Complexity: -0.47, Rank 43 of 49
Jan 2021 Trade Exports | Imports: €525M | €541M, 14 of 53 | 11 of 53
Jan 2021 Country Destination | Origin: France | China , €94.4M | €89.5M
Jan 2021 Product Exports | Imports: Non-Knit Women's Suits | Crude Petroleum , €46.1M | €86.7M
Overview: This page contains the latest international trade data for La Coruña, including export and import data.
Exports: In 2020, Spain's La Coruña exported €8.66B, making it the 8th largest exporter out of the 52 exporters in Spain. In 2020 the top exports of La Coruña were Womens, girls trousers & shorts, of... (€401M), Tuna, skipjack, bonito, prepared/preserved, not mince (€361M), Light petroleum distillates nes (€352M), Pullovers, cardigans etc of manmade fibres,... (€333M), and Pullovers, cardigans etc of cotton, knit (€255M).
Imports: In 2020, Spain's La Coruña imported €5.49B, making it the 11th largest importer out of the 52 importers in Spain. In 2020 top imports of La Coruña were Petroleum oils, oils from bituminous minerals,... (€1.04B), Tuna, skipjack, bonito, prepared/preserved, not mince (€286M), Rectangular iron or non-alloy steel bars,... (€177M), Light petroleum distillates nes (€139M), and T-shirts, singlets and other vests, of... (€130M).
Economic Complexity: In 2019, the highest complexity exports of La Coruña according to the product complexity index (PCI) are Cast or Rolled Glass (1.66), Other Mineral (-1.41), Raw Furskins (N/A), Motor-working Tools (1.55), and Electromagnets (1.54). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Overview: In January 2021 La Coruña exported €525M and imported €541M, resulting in a negative trade balance of €16.4M. Between January 2020 and January 2021 the exports of La Coruña have decreased by $-256M (-32.8%) from €780M to €525M, while imports decreased by €-112M (-17.2%) from €653M to €541M.
Trade: In January 2021, the top exports of La Coruña were Non-Knit Women's Suits (€46.1M), Knit Sweaters (€43.2M), Processed Fish (€33.2M), Refined Petroleum (€30.1M), and Aluminium Bars (€20.9M). In January 2021 the top imports of La Coruña were Crude Petroleum (€86.7M), Processed Fish (€85.1M), Refined Petroleum (€39M), Corn (€26.4M), and Knit Sweaters (€21.5M).
Destinations: In January 2021, La Coruña exported mostly to France (€94.4M), Portugal (€70.1M), Poland (€60.9M), Italy (€50.4M), and Belgium (€35.4M), and imported mostly from China (€89.5M), Portugal (€68.8M), United States (€36.5M), Turkey (€29M), and Libya (€27.5M).
Growth: In January 2021, the decrease in La Coruña's year-by-year exports was explained primarily by an decrease in exports to Portugal (€-50.7M or -42%), United Kingdom (€-44.4M or -83.5%), and Italy (€-28.4M or -36%), and product exports decrease in Non-Knit Women's Suits (€-36.3M or -44%), Knit Sweaters (€-27.8M or -39.2%), and Commodities not elsewhere specified (€-20.4M or -81.5%). In January 2021, the decrease in La Coruña's year-by-year imports was explained primarily by an decrease in imports from Libya (€-48.3M or -63.7%), Mexico (€-35M or -71%), and China (€-29.2M or -24.6%), and product imports decrease in Crude Petroleum (€-37.5M or -30.2%), Processed Fish (€-30.8M or -26.6%), and Petroleum Gas (€-19.8M or -96%).
EXPORT GROWTH (January 2020 - January 2021): €-256M, (-32.8%)
IMPORT GROWTH (January 2020 - January 2021): €-112M, (-17.2%)
This section shows exports and imports data at subnational level for La Coruña. 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 La Coruña over time.
This section shows the differences between La Coruña's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit Spain's country profile.
Top Destination (2020): France, €1.27B
Top Product (2020): Womens, girls trousers & shorts, of..., €401M
In 2020 the top export destinations of La Coruña were France (€1.27B), Portugal (€1.02B), Poland (€805M), Italy (€784M), and United Kingdom (€672M).
In 2020 the top exports of La Coruña were Womens, girls trousers & shorts, of... (€401M), Tuna, skipjack, bonito, prepared/preserved, not mince (€361M), Light petroleum distillates nes (€352M), Pullovers, cardigans etc of manmade fibres,... (€333M), and Pullovers, cardigans etc of cotton, knit (€255M).
Top Origin (2020): Portugal, €687M
Top Import (2020): Petroleum oils, oils from bituminous minerals,..., €1.04B
In 2020 the top import origins of La Coruña were Portugal (€687M), Mexico (€386M), China (€384M), United States (€339M), and France (€321M).
In 2020 the top imports of La Coruña were Petroleum oils, oils from bituminous minerals,... (€1.04B), Tuna, skipjack, bonito, prepared/preserved, not mince (€286M), Rectangular iron or non-alloy steel bars,... (€177M), Light petroleum distillates nes (€139M), and T-shirts, singlets and other vests, of... (€130M).
La Coruña ranks 43rd 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. La Coruña it is in position 43rd considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were La Coruña already has a comparative advantage, are led by Packing Bags (0.23), Crustaceans (0.22), Footwear Parts (0.22), Other Cloth Articles (0.21), and Pepper (0.21).
The highest complexity exports of La Coruña according to the product complexity index (PCI) are Cast or Rolled Glass (1.66), Other Mineral (-1.41), Raw Furskins (N/A), Motor-working Tools (1.55), and Electromagnets (1.54). 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 Quartz (61.6), Carded Wool or Animal Hair Fabric (55.7), Carbon-based Electronics (51.2), Processed Fish (43.1), and Knit Women's Coats (37.6).
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 La Coruña 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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