Almería | The Observatory of Economic Complexity

Almería

Province in Andalusia, Autonomous Community in Spain

2023
Economic
Complexity -0.59Rank 48 of 49

Jan 2024
Trade
Exports | Imports €622M | €396M18 of 53 | 20 of 53

Jan 2024
Country
Destination | Origin Germany | Algeria €187M | €298M

Image 1

Image by Ronald Saunders
Link: https://flic.kr/p/MsTUny

Latest Trends
Historical Data
Economic Complexity

About

Overview This page contains the latest international trade data for Almería. In January 2024 Almería was the number 21 in total exports and the number 21 in total imports in Spain.

Exports In 2023, Spain's Almería exported €5.76B, making it the 21st largest exporter out of the 52 exporters in Spain. In 2023 the top exports of Almería were Peppers (Capsicum, Pimenta) (Fresh/Chilled) (€1.04B), Cucumbers & Gherkins (Fresh/Chilled) (€711M), Tomatoes (Fresh/Chilled) (€688M), Articles of cement, concrete or artificial... (€574M), and Vegetables: pumpkins, squash and gourds (Cucurbita... (€350M).

Imports In 2023, Spain's Almería imported €4.76B, making it the 21st largest importer out of the 52 importers in Spain. In 2023 top imports of Almería were Natural gas in gaseous state (€2.59B), Natural gas, liquefied (€709M), Seed, vegetable, nes for sowing (€160M), Reception apparatus for television, whether or... (€61.2M), and Other unsaturated polyesters (€47.7M).

Economic Complexity In 2023, the highest complexity exports of Almería according to the product complexity index (PCI) are Oxygen Amino Compounds (0.74), Other Glass Articles (0.68), Pens (0.49), Carbon Paper (0.49), Cement Articles (0.42), Other Ceramic Articles (0.36), Prefabricated Buildings (0.1), Nitrites and Nitrates (-0.29), Lettuce (-0.58), and Fishing Ships (-0.7). 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 Almería exported €622M and imported €396M, resulting in a positive trade balance of €226M. Between January 2023 and January 2024 the exports of Almería have decreased by $-29.1M (-4.46%) from €651M to €622M, while imports decreased by €-76.9M (-16.3%) from €473M to €396M.

Trade In January 2024, the top exports of Almería were Other Vegetables (€227M), Cucumbers (€107M), Tomatoes (€92.5M), Cement Articles (€37.8M), and Lettuce (€22.7M). In January 2024 the top imports of Almería were Petroleum Gas (€298M), Sowing Seeds (€8.38M), Other Vegetables (€7.15M), Nitrites and Nitrates (€5.27M), and Legumes (€5.26M).

Destinations In January 2024, Almería exported mostly to Germany (€187M), United Kingdom (€74.5M), Netherlands (€69.4M), France (€55.8M), and Italy (€29.4M), and imported mostly from Algeria (€298M), Morocco (€20.4M), Netherlands (€11.6M), France (€7.44M), and China (€7.44M).

Growth In January 2024, the decrease in Almería's year-by-year exports was explained primarily by an decrease in exports to United Kingdom (€-17.1M or -19.9%), Italy (€-8.25M or -25.6%), and France (€-3.65M or -5.29%), and product exports decrease in Other Vegetables (€-11.8M or -5.1%), Cement Articles (€-11.3M or -22.5%), and Lettuce (€-3.33M or -12.6%). In January 2024, the decrease in Almería's year-by-year imports was explained primarily by an decrease in imports from Turkey (€-6.93M or -61.2%), Sweden (€-6.88M or -81.7%), and Norway (€-1.77M or -99.4%), and product imports decrease in Tractors (€-6.21M or -78%), Polyacetals (€-4.64M or -54.1%), and Video Displays (€-3.31M or -43.8%).

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)€-29.1M(-4.46%)

IMPORT GROWTH (January 2023 - January 2024)€-76.9M(-16.3%)

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

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Historical Data

Yearly Exports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

Year

Top Destination (2023)Germany€1.51B

Top Product (2023)Peppers (Capsicum, Pimenta) (Fresh/Chilled)€1.04B

In 2023 the top export destinations of Almería were Germany (€1.51B), France (€593M), United Kingdom (€543M), Netherlands (€527M), and United States (€463M).

In 2023 the top exports of Almería were Peppers (Capsicum, Pimenta) (Fresh/Chilled) (€1.04B), Cucumbers & Gherkins (Fresh/Chilled) (€711M), Tomatoes (Fresh/Chilled) (€688M), Articles of cement, concrete or artificial... (€574M), and Vegetables: pumpkins, squash and gourds (Cucurbita... (€350M).

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Exports Dynamics

Starting Date

Ending Date

Fastest Growing Exports Destination (Jan 2023 - Jan 2024)

United Kingdom €5.82M (8.48%)

Italy €5.42M (22.6%)

Germany €3.88M (2.12%)

Rapidly Declining Export Origins (Jan 2023 - Jan 2024)

France -€9.41M (-14.4%)

Sweden -€7.57M (-54.2%)

Poland -€6.64M (-18.7%)

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Yearly Imports

Color

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

Year

Top Origin (2023)Algeria€3.3B

Top Import (2023)Natural gas in gaseous state€2.59B

In 2023 the top import origins of Almería were Algeria (€3.3B), Netherlands (€232M), China (€179M), Morocco (€140M), and France (€93.4M).

In 2023 the top imports of Almería were Natural gas in gaseous state (€2.59B), Natural gas, liquefied (€709M), Seed, vegetable, nes for sowing (€160M), Reception apparatus for television, whether or... (€61.2M), and Other unsaturated polyesters (€47.7M).

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Imports Dynamics

Starting Date

Ending Date

Fastest Growing Import Origins (Jan 2023 - Jan 2024)

Morocco €5.12M (33.4%)

Israel €4.34M (212%)

Ukraine €3.93M (154k%)

Rapidly Declining Import Origins (Jan 2023 - Jan 2024)

Algeria -€60.2M (-16.8%)

China -€12.9M (-63.4%)

Netherlands -€4.28M (-27%)

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Economic Complexity

Economic Complexity of Almería

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Geomap

Treemap

Economic Complexity (2023)-0.59

Almería ranks 48th 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.

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Economic Complexity Ranking

Value

Ranking

Value

The economic complexity of a territory can change year to year. Almería it is in position 48th considering its ECI in the last year.

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Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were Almería already has a comparative advantage, are led by Insect Resins (0.13), Pepper (0.13), Locust beans, seaweed, sugar beet, cane,... (0.13), Marble, Travertine and Alabaster (0.13), and Dried Legumes (0.12).

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Most Complex Products by PCI

The highest complexity exports of Almería according to the product complexity index (PCI) are Oxygen Amino Compounds (0.74), Other Glass Articles (0.68), Pens (0.49), Carbon Paper (0.49), Cement Articles (0.42), Other Ceramic Articles (0.36), Prefabricated Buildings (0.1), Nitrites and Nitrates (-0.29), Lettuce (-0.58), and Fishing Ships (-0.7). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

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Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Cucumbers (833.19), Other Ceramic Articles (489.70), Other Vegetables (350.86), Melons (264.82), and Tomatoes (242.42).

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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 Almería 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.

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Relatedness Space

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

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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.