Province in Canary Islands, Autonomous Community in Spain

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Overview This page contains the latest international trade data for Santa Cruz de Tenerife. In December 2023 Santa Cruz de Tenerife was the number 45 in total exports and the number 32 in total imports in Spain.

Exports In 2023, Spain's Santa Cruz De Tenerife exported €1.28B, making it the 45th largest exporter out of the 52 exporters in Spain. In 2023 the top exports of Santa Cruz De Tenerife were Light petroleum distillates nes (€381M), Commodities not specified according to kind (€38M), Cigarettes containing tobacco (€21.6M), Cigars, cheroots and cigarillos, containing tobacco (€17.9M), and Perfumes and toilet waters (€12M).

Imports In 2023, Spain's Santa Cruz De Tenerife imported €1.45B, making it the 32nd largest importer out of the 52 importers in Spain. In 2023 top imports of Santa Cruz De Tenerife were Light petroleum distillates nes (€322M), Small Sized Cars (€115M), Micro Cars (€83.6M), Coal tar distillation products nes (€31.9M), and Electric motor Vehicles (€31.2M).

Economic Complexity In 2023, the highest complexity exports of Santa Cruz De Tenerife according to the product complexity index (PCI) are Corrugated Paper (N/A), Compasses (1.27), Motor-working Tools (1.06), Lifting Machinery (1.05), Excavation Machinery (0.82), Kaolin Coated Paper (0.69), Eyewear (0.64), Insulating Glass (0.51), Aluminium Structures (0.4), and Motor vehicle (8701 to 8705) chassis... (0.39). 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)Rest of the world€457M
Top Product (2023)Light petroleum distillates nes€381M

In 2023 the top export destinations of Santa Cruz De Tenerife were Rest of the world (€457M), Mauritania (€40.9M), Switzerland (€24.1M), United Kingdom (€22M), and Germany (€12.8M).

In 2023 the top exports of Santa Cruz De Tenerife were Light petroleum distillates nes (€381M), Commodities not specified according to kind (€38M), Cigarettes containing tobacco (€21.6M), Cigars, cheroots and cigarillos, containing tobacco (€17.9M), and Perfumes and toilet waters (€12M).

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Exports Dynamics

Fastest Growing Exports Destination (Dec 2022 - Dec 2023)
Egypt €4.53M (1.27M%)
Sierra Leone €3.54M (4.38M%)
Switzerland €1.24M (82.3%)
Rapidly Declining Export Origins (Dec 2022 - Dec 2023)
Taiwan -€1.42M (-33.8%)
Senegal -€305k (-45.4%)
South Korea -€238k (-69%)

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Yearly Imports

Color
Depth
Top Origin (2023)Germany€299M
Top Import (2023)Light petroleum distillates nes€322M

In 2023 the top import origins of Santa Cruz De Tenerife were Germany (€299M), Rest of the world (€130M), South Korea (€109M), Italy (€104M), and China (€101M).

In 2023 the top imports of Santa Cruz De Tenerife were Light petroleum distillates nes (€322M), Small Sized Cars (€115M), Micro Cars (€83.6M), Coal tar distillation products nes (€31.9M), and Electric motor Vehicles (€31.2M).

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Imports Dynamics

Fastest Growing Import Origins (Dec 2022 - Dec 2023)
France €5.18M (212%)
Italy €3.42M (59.1%)
Brazil €1.61M (43.2%)
Rapidly Declining Import Origins (Dec 2022 - Dec 2023)
Netherlands -€2.33M (-27.9%)
Germany -€2.08M (-10.5%)
Czechia -€1.95M (-49.9%)

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Economic Complexity

Economic Complexity of Santa Cruz De Tenerife

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Economic Complexity (2023)-0.28

Santa Cruz De Tenerife ranks 36th 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

The economic complexity of a territory can change year to year. Santa Cruz De Tenerife it is in position 36th 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 Santa Cruz De Tenerife already has a comparative advantage, are led by Scrap Copper (0.089), Other Vegetables (0.088), Coffee (0.086), Cement (0.086), and Gold (0.086).

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Most Complex Products by PCI

The highest complexity exports of Santa Cruz De Tenerife according to the product complexity index (PCI) are Corrugated Paper (N/A), Compasses (1.27), Motor-working Tools (1.06), Lifting Machinery (1.05), Excavation Machinery (0.82), Kaolin Coated Paper (0.69), Eyewear (0.64), Insulating Glass (0.51), Aluminium Structures (0.4), and Motor vehicle (8701 to 8705) chassis... (0.39). 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 Corrugated Paper (114.97), Motor vehicle (8701 to 8705) chassis... (100.36), Rolled Tobacco (51.00), Other live plants, cuttings and slips; mushroom... (29.95), and Processed Tobacco (28.04).

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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 Santa Cruz De Tenerife 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  Santa Cruz De Tenerife. These are products that tend to be co-exported with the products that Santa Cruz De Tenerife 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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