External sector

The sector diversification of Spanish exports

Spanish exports of goods have performed exceptionally well over the past decade. It also looks like Spanish firms are now competitive in a wider range of sectors internationally as the diversification of these exports has also increased. This greater diversification makes the Spanish economy less vulnerable to shocks in specific sectors. The diversification of a country’s exports can be measured by calculating the Gini coefficient. This provides a range from 0, maximum diversification, to 100, maximum concentration (when a country exports just one good). Based on data from Comtrad e...

Monthly Report - Focus