Alava | The Observatory of Economic Complexity

Alava

Province in Basque Country, Autonomous Community in Spain

2023
Economic
Complexity 0.31Rank 2 of 49

Jan 2024
Country
Destination | Origin Germany | Germany €186M | €81.9M

Image 1

Image by tunante80
Link: https://flic.kr/p/KedZFM

Latest Trends
Historical Data
Economic Complexity

About

Overview This page contains the latest international trade data for Alava. In January 2024 Alava was the number 10 in total exports and the number 16 in total imports in Spain.

Exports In 2023, Spain's Alava exported €9.34B, making it the 10th largest exporter out of the 52 exporters in Spain. In 2023 the top exports of Alava were Medium Diesel Cars (€2.39B), Diesel Trucks < 5 tonnes (€1.09B), Spark ignition Trucks < 5... (€586M), Other Truck (€452M), and Pneumatic tyres new of rubber for... (€392M).

Imports In 2023, Spain's Alava imported €5.73B, making it the 16th largest importer out of the 52 importers in Spain. In 2023 top imports of Alava were Engines, diesel, for motor vehicles (€447M), Electric accumulators: lithium-ion, including separators, whether... (€344M), Transmissions for motor vehicles (€221M), Other Motor vehicle parts (€191M), and Engines, spark-ignition reciprocating, over 1000 cc (€182M).

Economic Complexity In 2023, the highest complexity exports of Alava according to the product complexity index (PCI) are Metalworking Transfer Machines (2.04), Wrenches (1.61), Other Stainless Steel Bars (1.51), Metalworking Machine Parts (1.5), Metal Molds (1.45), Milling Stones (1.23), Iron Pipe Fittings (1.21), Stainless Steel Ingots (1.15), Abrasive Powder (1.13), and Cars (0.96). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Latest Trends

January, 2024

About

Overview In January 2024 Alava exported €767M and imported €382M, resulting in a positive trade balance of €384M. Between January 2023 and January 2024 the exports of Alava have decreased by $-170M (-18.2%) from €937M to €767M, while imports decreased by €-80.7M (-17.4%) from €463M to €382M.

Trade In January 2024, the top exports of Alava were Cars (€218M), Delivery Trucks (€143M), Rubber Tires (€62.6M), Iron Pipes (€38.8M), and Motor vehicles; parts and accessories (8701... (€36.6M). In January 2024 the top imports of Alava were Motor vehicles; parts and accessories (8701... (€31.9M), Electric Batteries (€12.7M), Glass Bottles (€10.6M), Insulated Wire (€9.08M), and Hot-Rolled Iron (€8.95M).

Destinations In January 2024, Alava exported mostly to Germany (€186M), France (€120M), Italy (€47.3M), United Kingdom (€31.5M), and United States (€31M), and imported mostly from Germany (€81.9M), France (€49.2M), China (€30.4M), Italy (€24.2M), and Portugal (€23.7M).

Growth In January 2024, the decrease in Alava's year-by-year exports was explained primarily by an decrease in exports to China (€-19M or -54.9%), Russia (€-5.04M or -98.1%), and Oman (€-1.27M or -85.2%), and product exports decrease in Motor vehicles; parts and accessories (8701... (€-18.3M or -36.8%), Metalworking Transfer Machines (€-4.55M or -70.1%), and Safety Glass (€-2.67M or -88%). In January 2024, the decrease in Alava's year-by-year imports was explained primarily by an decrease in imports from Germany (€-15.5M or -11.5%), Mozambique (€-9.76M or -92.9%), and France (€-4.78M or -8.69%), and product imports decrease in Combustion Engines (€-18.3M or -41.6%), Motor vehicles; parts and accessories (8701... (€-10.9M or -23.3%), and Raw Aluminium (€-7.55M or -68.3%).

Latest Data

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

Product

EXPORT GROWTH (January 2023 - January 2024)€-170M(-18.2%)

IMPORT GROWTH (January 2023 - January 2024)€-80.7M(-17.4%)

This section shows exports and imports data at subnational level for Alava. 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 Alava over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Historical Data

Yearly Exports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

Year

Top Destination (2023)Germany€2.66B

Top Product (2023)Medium Diesel Cars€2.39B

In 2023 the top export destinations of Alava were Germany (€2.66B), France (€1.25B), United States (€890M), United Kingdom (€510M), and Italy (€462M).

In 2023 the top exports of Alava were Medium Diesel Cars (€2.39B), Diesel Trucks < 5 tonnes (€1.09B), Spark ignition Trucks < 5... (€586M), Other Truck (€452M), and Pneumatic tyres new of rubber for... (€392M).

Explore Visualizations

Subscribe today to OEC pro and access the latest data

Exports Dynamics

Starting Date

Ending Date

Fastest Growing Exports Destination (Jan 2023 - Jan 2024)

China €13.8M (88.3%)

Italy €7.66M (19.3%)

Taiwan €7.35M (174%)

Rapidly Declining Export Origins (Jan 2023 - Jan 2024)

Germany -€76.8M (-29.2%)

United States -€32M (-50.8%)

United Kingdom -€13.3M (-29.7%)

Subscribe today to OEC pro and access the latest data

Yearly Imports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

Year

Top Origin (2023)Germany€1.85B

Top Import (2023)Engines, diesel, for motor vehicles€447M

In 2023 the top import origins of Alava were Germany (€1.85B), China (€614M), France (€613M), Portugal (€360M), and Italy (€352M).

In 2023 the top imports of Alava were Engines, diesel, for motor vehicles (€447M), Electric accumulators: lithium-ion, including separators, whether... (€344M), Transmissions for motor vehicles (€221M), Other Motor vehicle parts (€191M), and Engines, spark-ignition reciprocating, over 1000 cc (€182M).

Explore Visualizations

Subscribe today to OEC pro and access the latest data

Imports Dynamics

Starting Date

Ending Date

Fastest Growing Import Origins (Jan 2023 - Jan 2024)

Taiwan €5.43M (97.8%)

Poland €4.66M (28.3%)

Slovakia €3.39M (51.7%)

Rapidly Declining Import Origins (Jan 2023 - Jan 2024)

Germany -€37.7M (-31.5%)

China -€20.9M (-40.7%)

United States -€12.9M (-58.1%)

Subscribe today to OEC pro and access the latest data

Economic Complexity

Economic Complexity of Alava

View

Geomap

Treemap

Economic Complexity (2023)0.31

Alava ranks 2nd 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.

Discover Economic Complexity

Subscribe today to OEC pro and access the latest data

Economic Complexity Ranking

Value

Ranking

Value

The economic complexity of a territory can change year to year. Alava it is in position 2nd considering its ECI in the last year.

Discover Economic Complexity

Subscribe today to OEC pro and access the latest data

Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were Alava already has a comparative advantage, are led by Electrical Lighting and Signalling Equipment (0.15), Metal Mountings (0.15), Rubberworking Machinery (0.15), Interchangeable Tool Parts (0.15), and Iron Chains (0.15).

Subscribe today to OEC pro and access the latest data

Most Complex Products by PCI

The highest complexity exports of Alava according to the product complexity index (PCI) are Metalworking Transfer Machines (2.04), Wrenches (1.61), Other Stainless Steel Bars (1.51), Metalworking Machine Parts (1.5), Metal Molds (1.45), Milling Stones (1.23), Iron Pipe Fittings (1.21), Stainless Steel Ingots (1.15), Abrasive Powder (1.13), and Cars (0.96). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Subscribe today to OEC pro and access the latest data

Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Railway Track Fixtures (63.90), Natural Cork Articles (54.38), Iron Pipes (51.62), Stainless Steel Ingots (34.74), and Delivery Trucks (30.84).

Subscribe today to OEC pro and access the latest data

Product Space

RCA Filter

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 Alava 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.

Subscribe today to OEC pro and access the latest data

Relatedness Space

This network shows the products most related to the production structure of Alava. These are products that tend to be co-exported with the products that Alava exports. Higher relatedness values indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Subscribe today to OEC pro and access the latest data

Diversification Frontier

Depth

Section

HS2

HS4

Filter

All

RCA≤1

RCA>1

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.