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Overview This page contains the latest international trade data for Extremadura. In December 2023 Extremadura was the number 14 in total exports and the number 15 in total imports in Spain.

Exports In 2023, Spain's Extremadura exported €2.98B, making it the 14th largest exporter out of the 18 exporters in Spain. In 2023 the top exports of Extremadura were Tomatoes nes, prepared or preserved, not... (€409M), Sections, I, iron or non-alloy steel,... (€122M), Parts for diesel and semi-diesel engines (€99.8M), Glass containers nes for packing or... (€97.5M), and Blocks, sheets, strip and tiles of... (€79.1M).

Imports In 2023, Spain's Extremadura imported €2.29B, making it the 15th largest importer out of the 18 importers in Spain. In 2023 top imports of Extremadura were Photosensitive devices; assembled photovoltaic modules/panels (€174M), Portable Computers under 10kg with Keyboard... (€157M), Ferrous waste or scrap, nes (€98.5M), Parts for diesel and semi-diesel engines (€89M), and Complete Computer Systems (€86.6M).

Economic Complexity In 2023, the highest complexity exports of Extremadura according to the product complexity index (PCI) are Compounded Unvulcanised Rubber (0.9), Engine Parts (0.67), Used Rubber Tires (0.39), Preserved Meat (0.26), Small Iron Containers (-0.0066), Aluminium Bars (-0.02), Other Frozen Vegetables (-0.15), Other Meat (-0.23), Cast Iron Pipes (-0.26), and Iron Blocks (-0.29). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

Yearly Exports

Color
Depth
Top Destination (2023)Portugal€938M

In 2023 the top export destinations of Extremadura were Portugal (€938M), France (€554M), Germany (€390M), Italy (€213M), and United Kingdom (€138M).

In 2023 the top exports of Extremadura were Tomatoes nes, prepared or preserved, not... (€409M), Sections, I, iron or non-alloy steel,... (€122M), Parts for diesel and semi-diesel engines (€99.8M), Glass containers nes for packing or... (€97.5M), and Blocks, sheets, strip and tiles of... (€79.1M).

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Exports Dynamics

Fastest Growing Exports Destination (Dec 2022 - Dec 2023)
Italy €21.4M (184%)
Germany €3.65M (19.5%)
Japan €1.59M (72.3%)
Rapidly Declining Export Origins (Dec 2022 - Dec 2023)
Portugal -€7.43M (-10.9%)
Netherlands -€4.42M (-44.1%)
France -€3.39M (-9.45%)

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Yearly Imports

Color
Depth
Top Origin (2023)Portugal€501M

In 2023 the top import origins of Extremadura were Portugal (€501M), Netherlands (€300M), China (€294M), Germany (€278M), and Poland (€143M).

In 2023 the top imports of Extremadura were Photosensitive devices; assembled photovoltaic modules/panels (€174M), Portable Computers under 10kg with Keyboard... (€157M), Ferrous waste or scrap, nes (€98.5M), Parts for diesel and semi-diesel engines (€89M), and Complete Computer Systems (€86.6M).

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Imports Dynamics

Fastest Growing Import Origins (Dec 2022 - Dec 2023)
Poland €6.36M (43.4%)
Germany €5.01M (31.9%)
Netherlands €3.94M (15.1%)
Rapidly Declining Import Origins (Dec 2022 - Dec 2023)
China -€15M (-54.6%)
Portugal -€8.37M (-20.1%)
Ireland -€5.64M (-75.6%)

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Economic Complexity

Economic Complexity of Extremadura

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Economic Complexity (2023)-0.38

Extremadura ranks 15th out of the 18 autonomous communities 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

The economic complexity of a territory can change year to year. Extremadura it is in position 15th 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 Extremadura already has a comparative advantage, are led by Legumes (0.23), Prepared Cereals (0.23), Wheat Flours (0.23), Pasta (0.22), and Tomatoes (0.22).

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Most Complex Products by PCI

The highest complexity exports of Extremadura according to the product complexity index (PCI) are Compounded Unvulcanised Rubber (0.9), Engine Parts (0.67), Used Rubber Tires (0.39), Preserved Meat (0.26), Small Iron Containers (-0.0066), Aluminium Bars (-0.02), Other Frozen Vegetables (-0.15), Other Meat (-0.23), Cast Iron Pipes (-0.26), and Iron Blocks (-0.29). 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 Processed Tomatoes (555.41), Agglomerated Cork (532.77), Other Meat (155.34), Pitted Fruits (128.25), and Iron Blocks (83.18).

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Product Space

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 Extremadura 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  Extremadura. These are products that tend to be co-exported with the products that Extremadura 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
Filter

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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