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Province in Catalonia, Autonomous Community in Spain

2023
Economic
Complexity 0.13Rank 4 of 49
Aug 2024
Trade
Exports | Imports €4.64B | €6.03B1 of 53 | 2 of 53
Aug 2024
Country
Destination | Origin France | China €579M  | €1.06B

About

Overview This page contains the latest international trade data for Barcelona. In August 2024 Barcelona was the number 1 in total exports and the number 2 in total imports in Spain.

Exports In 2023, Spain's Barcelona exported €73.8B, making it the 1st largest exporter out of the 52 exporters in Spain. In 2023 the top exports of Barcelona were Medicaments nes, in dosage (€5.02B), Micro Cars (€3.18B), Perfumes and toilet waters (€2.18B), Lactams other than 6-hexanelactam (€2.08B), and Other Motor vehicle parts (€2.06B).

Imports In 2023, Spain's Barcelona imported €88.1B, making it the 2nd largest importer out of the 52 importers in Spain. In 2023 top imports of Barcelona were Electric motor Vehicles (€3.37B), Light petroleum distillates nes (€2.81B), Medicaments nes, in dosage (€2.53B), Medium Diesel Cars (€1.43B), and Small Sized Cars (€1.31B).

Economic Complexity In 2023, the highest complexity exports of Barcelona according to the product complexity index (PCI) are Scent Sprays (1.36), Carboxyimide Compounds (1.25), Amino-resins (1.21), Aldehydes (1.14), Motor-working Tools (1.06), Cars (0.96), Antibiotics (0.92), Nitrogen Heterocyclic Compounds (0.85), Felt (0.69), and Railway Track Fixtures (0.67). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Latest Trends

August, 2024

About

Overview In August 2024 Barcelona exported €4.64B and imported €6.03B, resulting in a negative trade balance of €1.38B. Between August 2023 and August 2024 the exports of Barcelona have decreased by $-495M (-9.64%) from €5.14B to €4.64B, while imports increased by €204M (3.51%) from €5.82B to €6.03B.

Trade In August 2024, the top exports of Barcelona were Perfumes (€306M), Packaged Medicaments (€274M), Cars (€234M), Refined Petroleum (€194M), and Motor vehicles; parts and accessories (8701... (€170M). In August 2024 the top imports of Barcelona were Cars (€522M), Refined Petroleum (€345M), Packaged Medicaments (€190M), Sulfonamides (€147M), and Non-Knit Women's Suits (€141M).

Destinations In August 2024, Barcelona exported mostly to France (€579M), Germany (€464M), Italy (€385M), Portugal (€312M), and United States (€274M), and imported mostly from China (€1.06B), Germany (€803M), France (€467M), Italy (€437M), and Netherlands (€254M).

Growth In August 2024, the decrease in Barcelona's year-by-year exports was explained primarily by an decrease in exports to France (€-189M or -24.6%), United Kingdom (€-105M or -31.7%), and Germany (€-102M or -18.1%), and product exports decrease in Cars (€-625M or -72.8%), Unpackaged Medicaments (€-28.7M or -80.7%), and Glands and Other Organs (€-24.5M or -97.7%). In August 2024, the increase in Barcelona's year-by-year imports was explained primarily by an increase in imports from China (€159M or 17.5%), Rest of the world (€153M or 192%), and Saudi Arabia (€68.1M or 403%), and product imports increase in Sulfonamides (€119M or 429%), Refined Petroleum (€104M or 43.4%), and Vaccines, blood, antisera, toxins and cultures (€32.3M or 51.3%).

Latest Data

Time Scale
Flow
Color
Depth
EXPORT GROWTH (August 2023 - August 2024)€-495M(-9.64%)
IMPORT GROWTH (August 2023 - August 2024)€204M(3.51%)

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

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Historical Data

Yearly Exports

Color
Depth
Top Destination (2023)France€12.5B
Top Product (2023)Medicaments nes, in dosage€5.02B

In 2023 the top export destinations of Barcelona were France (€12.5B), Germany (€8.49B), Italy (€7.21B), Portugal (€4.77B), and Switzerland (€4.19B).

In 2023 the top exports of Barcelona were Medicaments nes, in dosage (€5.02B), Micro Cars (€3.18B), Perfumes and toilet waters (€2.18B), Lactams other than 6-hexanelactam (€2.08B), and Other Motor vehicle parts (€2.06B).

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Exports Dynamics

Fastest Growing Exports Destination (Aug 2023 - Aug 2024)
United States €43.9M (19.1%)
Israel €31.1M (113%)
Netherlands €16.8M (15.5%)
Rapidly Declining Export Origins (Aug 2023 - Aug 2024)
France -€189M (-24.6%)
United Kingdom -€105M (-31.7%)
Germany -€102M (-18.1%)

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Yearly Imports

Color
Depth
Top Origin (2023)China€12.8B
Top Import (2023)Electric motor Vehicles€3.37B

In 2023 the top import origins of Barcelona were China (€12.8B), Germany (€12.7B), France (€7.53B), Italy (€7.35B), and Netherlands (€3.88B).

In 2023 the top imports of Barcelona were Electric motor Vehicles (€3.37B), Light petroleum distillates nes (€2.81B), Medicaments nes, in dosage (€2.53B), Medium Diesel Cars (€1.43B), and Small Sized Cars (€1.31B).

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Imports Dynamics

Fastest Growing Import Origins (Aug 2023 - Aug 2024)
China €159M (17.5%)
Saudi Arabia €68.1M (403%)
United States €50.9M (30.9%)
Rapidly Declining Import Origins (Aug 2023 - Aug 2024)
United Kingdom -€104M (-57.4%)
Kuwait -€51.5M (-100%)
Brazil -€48.2M (-43%)

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Economic Complexity

Economic Complexity of Barcelona

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Economic Complexity (2023)0.13

Barcelona ranks 4th 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. Barcelona it is in position 4th 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 Barcelona already has a comparative advantage, are led by Natural Cork Articles (0.4), Toilet Paper (0.4), Knit Men's Suits (0.4), Other live plants, cuttings and slips; mushroom... (0.39), and Non-Knit Men's Undergarments (0.39).

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Most Complex Products by PCI

The highest complexity exports of Barcelona according to the product complexity index (PCI) are Scent Sprays (1.36), Carboxyimide Compounds (1.25), Amino-resins (1.21), Aldehydes (1.14), Motor-working Tools (1.06), Cars (0.96), Antibiotics (0.92), Nitrogen Heterocyclic Compounds (0.85), Felt (0.69), and Railway Track Fixtures (0.67). 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 Leather of Other Animals (43.55), Perfumes (30.24), Synthetic Tanning Extracts (20.59), Cigarette Paper (16.85), and Stranded Copper Wire (14.87).

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