Jiangsu Province

Province in China

Exports (2019): $347B, Rnk 2/31

Top Destination (2019): $71.1B, United States

Top Export (2019): $23.3B, Automatic data processing machines: portable, weighing...

Imports (2019): $223B, Rnk 4/31

Top Origin (2019): $38.6B, South Korea

Top Import (2019): $18.2B, Electronic integrated circuits: processors and controllers,...

Economic Complexity (2019): 0.34, Rnk 3 / 31

Exports: In 2019, China's Jiangsu Province exported $347B, making it the 2nd largest exporter out of the 31 exporters in China. In 2019 the top exports of Jiangsu Province were Automatic data processing machines: portable, weighing... ($23.3B), Electronic integrated circuits: memories ($11.2B), Telephones for cellular networks or for... ($10.7B), Communication apparatus (excluding telephone sets or... ($10.3B), and Photosensitive/photovoltaic/LED semiconductor devices ($7.26B).

Imports: In 2019, China's Jiangsu Province imported $223B, making it the 4th largest importer out of the 31 importers in China. In 2019 top imports of Jiangsu Province were Electronic integrated circuits: processors and controllers,... ($18.2B), Electronic integrated circuits: memories ($18.1B), Iron ore, concentrate, not iron pyrites,unagglomerate ($9.64B), Electronic integrated circuits: n.e.c. in heading... ($8.6B), and Soya beans: other than seed, whether... ($6.06B).

Economic Complexity: In 2019, the highest complexity exports of Jiangsu Province according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.16), Photographic Film (1.99), Electric Soldering Equipment (1.79), Metalworking Machines (1.77), and Silicone (1.77). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Value
Depth

Top Destination (2019): United States, $71.1B

Top Product (2019): Automatic data processing machines: portable, weighing..., $23.3B

In 2019 the top export destinations of Jiangsu Province were United States ($71.1B), Japan ($27.1B), South Korea ($26B), Netherlands ($15.4B), and Vietnam ($13B).

In 2019 the top exports of Jiangsu Province were Automatic data processing machines: portable, weighing... ($23.3B), Electronic integrated circuits: memories ($11.2B), Telephones for cellular networks or for... ($10.7B), Communication apparatus (excluding telephone sets or... ($10.3B), and Photosensitive/photovoltaic/LED semiconductor devices ($7.26B).

Export Dynamics

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Fastest Growing Exports Destination (April 2019 - April 2020)

Rapidly Declining Export Origins (April 2019 - April 2020)

Value
Depth

Top Origin (2019): South Korea, $38.6B

Top Import (2019): Electronic integrated circuits: processors and controllers,..., $18.2B

In 2019 the top import origins of Jiangsu Province were South Korea ($38.6B), Japan ($29.5B), Taiwan ($26.9B), Germany ($12.4B), and United States ($11.9B).

In 2019 the top imports of Jiangsu Province were Electronic integrated circuits: processors and controllers,... ($18.2B), Electronic integrated circuits: memories ($18.1B), Iron ore, concentrate, not iron pyrites,unagglomerate ($9.64B), Electronic integrated circuits: n.e.c. in heading... ($8.6B), and Soya beans: other than seed, whether... ($6.06B).

Import Dynamics

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Fastest Growing Import Origins (April 2019 - April 2020)

Rapidly Declining Import Origins (April 2019 - April 2020)

Comparison in Time

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Flow
Value

This section shows differences between total trade from Jiangsu Province throughout time.

Comparison Map

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Value

The territories of China with the highest exports in 2019 were Guangdong Province ($444B), Jiangsu Province ($347B), Zhejiang Province ($314B), Shanghai Province ($176B), and Shandong Province ($153B)

The territories of China with the highest imports in 2019 were Guangdong Province ($373B), Beijing ($293B), Shanghai Province ($288B), Jiangsu Province ($223B), and Shandong Province ($133B)

This section shows forecasts for total exports and imports from Jiangsu Province. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

Explore Forecasts

Economic Complexity

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Economic Complexity of China

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Jiangsu Province ranks 3rd out of the 31 territories in China according to ECI.

Estimated using exports data.

Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Jiangsu Province already has a comparative advantage, are led by Glass with Edge Workings (0.56), Children's Picture Books (0.52), Cinnamon (0.52), Electrical Parts (0.52), and Audio and Video Recording Accessories (0.51).

Most Complex Products by PCI

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The highest complexity exports of Jiangsu Province according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.16), Photographic Film (1.99), Electric Soldering Equipment (1.79), Metalworking Machines (1.77), and Silicone (1.77). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

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The most specialized products according to the RCA index are led by Motor-working Tools (23), Railway Cargo Containers (18.1), Pile Fabric (14.6), Blankets (13.5), and Plastic Floor Coverings (13.3).

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 Jiangsu Province 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.

Relatedness Space

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This network shows the products most related to the production structure of  Jiangsu Province. These are products that tend to be co-exported with the products that Jiangsu Province exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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Depth

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.