Málaga | The Observatory of Economic Complexity

Málaga

Province in Andalusia, Autonomous Community in Spain

2023
Economic
Complexity -0.46Rank 43 of 49

Jan 2024
Trade
Exports | Imports €261M | €274M25 of 53 | 25 of 53

Jan 2024
Country
Destination | Origin France | China €42.4M | €36.3M

Image 1

Image by Pinkitt
Link: https://flic.kr/p/6kZsix

Latest Trends
Historical Data
Economic Complexity

About

Overview This page contains the latest international trade data for Málaga. In January 2024 Málaga was the number 24 in total exports and the number 24 in total imports in Spain.

Exports In 2023, Spain's Málaga exported €2.88B, making it the 24th largest exporter out of the 52 exporters in Spain. In 2023 the top exports of Málaga were Extra virgin olive oil (€364M), Avocados (Fresh/Dried) (€296M), Commodities not specified according to kind (€274M), Large motorboats >24m, pleasure (non-outboard/inflatable) (€180M), and Light petroleum distillates nes (€122M).

Imports In 2023, Spain's Málaga imported €3.15B, making it the 24th largest importer out of the 52 importers in Spain. In 2023 top imports of Málaga were Avocados (Fresh/Dried) (€355M), Soya-bean oil-cake and other solid residues (€88.1M), Extra virgin olive oil (€74.3M), Fish: fresh or chilled, Atlantic salmon... (€56.2M), and Guavas, Mangoes & Mangosteens (Fresh/Dried) (€39.1M).

Economic Complexity In 2023, the highest complexity exports of Málaga according to the product complexity index (PCI) are Thermostats (1.1), Pig Meat (0.66), Radio Receivers (0.62), Utility Meters (0.56), Animal Fat (0.44), Used Rubber Tires (0.39), Wood Barrels (0.22), Vinegar (0.16), Recreational Boats (0.042), and Perfumes (-0.073). 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 Málaga exported €261M and imported €274M, resulting in a negative trade balance of €13.2M. Between January 2023 and January 2024 the exports of Málaga have decreased by $-7.2M (-2.68%) from €268M to €261M, while imports decreased by €-7.92M (-2.81%) from €282M to €274M.

Trade In January 2024, the top exports of Málaga were Pure Olive Oil (€46M), Tropical Fruits (€32.2M), Commodities not elsewhere specified (€20.6M), Pig Meat (€19.3M), and Thermostats (€11M). In January 2024 the top imports of Málaga were Tropical Fruits (€24.7M), Pure Olive Oil (€16M), Telephones (€9.58M), Packaged Medicaments (€6.99M), and Corn (€6.89M).

Destinations In January 2024, Málaga exported mostly to France (€42.4M), Portugal (€33.5M), Italy (€28.4M), Rest of the world (€25.7M), and United States (€24.5M), and imported mostly from China (€36.3M), Morocco (€31.6M), Portugal (€29.7M), Germany (€28.4M), and Italy (€18.7M).

Growth In January 2024, the decrease in Málaga's year-by-year exports was explained primarily by an decrease in exports to Belgium (€-2.92M or -43.2%), Netherlands (€-1.74M or -16.6%), and Philippines (€-1.14M or -60.3%), and product exports decrease in Knit Babies' Garments (€-2.97M or -43.5%), Knit T-shirts (€-2.77M or -46.9%), and Telephones (€-2.38M or -65.7%). In January 2024, the decrease in Málaga's year-by-year imports was explained primarily by an decrease in imports from Turkey (€-4.78M or -60.8%), China (€-4.55M or -10.4%), and Philippines (€-1.26M or -82.5%), and product imports decrease in Corn (€-4.27M or -48.6%), Metal Mountings (€-2.09M or -78.4%), and Other Cloth Articles (€-1.99M or -92%).

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)€-7.2M(-2.68%)

IMPORT GROWTH (January 2023 - January 2024)€-7.92M(-2.81%)

This section shows exports and imports data at subnational level for Málaga. 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 Málaga 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)France€532M

Top Product (2023)Extra virgin olive oil€364M

In 2023 the top export destinations of Málaga were France (€532M), Rest of the world (€411M), Italy (€331M), Portugal (€305M), and United States (€248M).

In 2023 the top exports of Málaga were Extra virgin olive oil (€364M), Avocados (Fresh/Dried) (€296M), Commodities not specified according to kind (€274M), Large motorboats >24m, pleasure (non-outboard/inflatable) (€180M), and Light petroleum distillates nes (€122M).

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)

Portugal €8.83M (35.8%)

United States €3.57M (17.1%)

Netherlands €2.81M (32%)

Rapidly Declining Export Origins (Jan 2023 - Jan 2024)

Norway -€9.06M (-94.6%)

Brazil -€8.73M (-95.9%)

South Africa -€3.06M (-93.6%)

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)China€414M

Top Import (2023)Avocados (Fresh/Dried)€355M

In 2023 the top import origins of Málaga were China (€414M), Portugal (€279M), Germany (€266M), France (€253M), and Italy (€251M).

In 2023 the top imports of Málaga were Avocados (Fresh/Dried) (€355M), Soya-bean oil-cake and other solid residues (€88.1M), Extra virgin olive oil (€74.3M), Fish: fresh or chilled, Atlantic salmon... (€56.2M), and Guavas, Mangoes & Mangosteens (Fresh/Dried) (€39.1M).

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)

Portugal €9.43M (46.6%)

Germany €6.92M (32.2%)

Morocco €5.95M (23.2%)

Rapidly Declining Import Origins (Jan 2023 - Jan 2024)

Brazil -€14.4M (-87.4%)

Netherlands -€7.06M (-41.4%)

France -€4.48M (-21.4%)

Subscribe today to OEC pro and access the latest data

Economic Complexity

Economic Complexity of Málaga

View

Geomap

Treemap

Economic Complexity (2023)-0.46

Málaga ranks 43rd 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. Málaga it is in position 43rd 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 Málaga already has a comparative advantage, are led by Knit Men's Undergarments (0.23), Bananas (0.22), Legumes (0.22), Knit Men's Coats (0.22), and Locust beans, seaweed, sugar beet, cane,... (0.22).

Subscribe today to OEC pro and access the latest data

Most Complex Products by PCI

The highest complexity exports of Málaga according to the product complexity index (PCI) are Thermostats (1.1), Pig Meat (0.66), Radio Receivers (0.62), Utility Meters (0.56), Animal Fat (0.44), Used Rubber Tires (0.39), Wood Barrels (0.22), Vinegar (0.16), Recreational Boats (0.042), and Perfumes (-0.073). 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 Pure Olive Oil (329.79), Preserved Vegetables (228.03), Tropical Fruits (136.73), Recreational Boats (64.36), and Dolomite (52.04).

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