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Overview This page contains the latest international trade data for Valladolid. In December 2023 Valladolid was the number 19 in total exports and the number 13 in total imports in Spain.

Exports In 2023, Spain's Valladolid exported €4.84B, making it the 19th largest exporter out of the 52 exporters in Spain. In 2023 the top exports of Valladolid were Small Sized Cars (€1.22B), Spark-ignition non chargeable Cars (€918M), Pneumatic tyres new of rubber for... (€373M), Rubber; new pneumatic tyres, of a... (€351M), and Spark-ignition chargeable Cars (€324M).

Imports In 2023, Spain's Valladolid imported €6.9B, making it the 13th largest importer out of the 52 importers in Spain. In 2023 top imports of Valladolid were Other Motor vehicle parts (€1.19B), Others parts and accessories of bodies... (€485M), Filtering or purifying machinery for gases... (€341M), Small Diesel Cars (€259M), and Small Sized Cars (€248M).

Economic Complexity In 2023, the highest complexity exports of Valladolid according to the product complexity index (PCI) are Combustion Engines (1.27), Self-adhesive Plastics (1.17), Prepared Rubber Accelerators (1.1), Spark-Ignition Engines (1.06), Revolution Counters (1.04), Motor vehicles; parts and accessories (8701... (0.97), Cars (0.96), Sulfonamides (0.96), Compounded Unvulcanised Rubber (0.9), and Hormones (0.83). 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)France€1.2B
Top Product (2023)Small Sized Cars€1.22B

In 2023 the top export destinations of Valladolid were France (€1.2B), Turkey (€627M), Germany (€595M), United Kingdom (€584M), and Italy (€562M).

In 2023 the top exports of Valladolid were Small Sized Cars (€1.22B), Spark-ignition non chargeable Cars (€918M), Pneumatic tyres new of rubber for... (€373M), Rubber; new pneumatic tyres, of a... (€351M), and Spark-ignition chargeable Cars (€324M).

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Exports Dynamics

Fastest Growing Exports Destination (Dec 2022 - Dec 2023)
France €50.6M (50.2%)
United Kingdom €48.6M (297%)
Germany €42.7M (393%)
Rapidly Declining Export Origins (Dec 2022 - Dec 2023)
Israel -€9.09M (-84.2%)
Switzerland -€4.02M (-48.2%)
Morocco -€1.46M (-20.6%)

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Yearly Imports

Color
Depth
Top Origin (2023)France€2.46B
Top Import (2023)Other Motor vehicle parts€1.19B

In 2023 the top import origins of Valladolid were France (€2.46B), Germany (€692M), Italy (€631M), Romania (€597M), and Portugal (€584M).

In 2023 the top imports of Valladolid were Other Motor vehicle parts (€1.19B), Others parts and accessories of bodies... (€485M), Filtering or purifying machinery for gases... (€341M), Small Diesel Cars (€259M), and Small Sized Cars (€248M).

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Imports Dynamics

Fastest Growing Import Origins (Dec 2022 - Dec 2023)
France €9.69M (6.07%)
Germany €6.08M (17.5%)
Italy €4.52M (11.1%)
Rapidly Declining Import Origins (Dec 2022 - Dec 2023)
China -€10M (-36.9%)
South Korea -€3.72M (-70.5%)
Thailand -€3.04M (-27.1%)

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Economic Complexity

Economic Complexity of Valladolid

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Economic Complexity (2023)-0.032

Valladolid ranks 10th 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. Valladolid it is in position 10th 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 Valladolid already has a comparative advantage, are led by Soups and Broths (0.11), Particle Board (0.11), Honey (0.11), Other Processed Vegetables (0.11), and Bovine (0.11).

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Most Complex Products by PCI

The highest complexity exports of Valladolid according to the product complexity index (PCI) are Combustion Engines (1.27), Self-adhesive Plastics (1.17), Prepared Rubber Accelerators (1.1), Spark-Ignition Engines (1.06), Revolution Counters (1.04), Motor vehicles; parts and accessories (8701... (0.97), Cars (0.96), Sulfonamides (0.96), Compounded Unvulcanised Rubber (0.9), and Hormones (0.83). 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 Used Rubber Tires (54.77), Other Meat (45.64), Rubber Tires (41.85), Poultry (29.95), and Processed Egg Products (27.06).

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