Beijing

Province in China

Exports (2019): $55.1B, Rnk 7/31

Top Destination (2019): $7.59B, Singapore

Top Export (2019): $12.9B, Light petroleum distillates nes

Imports (2019): $293B, Rnk 2/31

Top Origin (2019): $24.3B, Saudi Arabia

Top Import (2019): $119B, Petroleum oils, oils from bituminous minerals,...

Economic Complexity (2019): 0.28, Rnk 4 / 31

Exports: In 2019, China's Beijing exported $55.1B, making it the 7th largest exporter out of the 31 exporters in China. In 2019 the top exports of Beijing were Light petroleum distillates nes ($12.9B), Petroleum spirit for motor vehicles ($7.37B), Telephones for cellular networks or for... ($3.08B), Commodities not specified according to kind ($819M), and Optical devices, appliances and instruments, nes ($711M).

Imports: In 2019, China's Beijing imported $293B, making it the 2nd largest importer out of the 31 importers in China. In 2019 top imports of Beijing were Petroleum oils, oils from bituminous minerals,... ($119B), Gold in unwrought forms non-monetary ($17.5B), Medium Sized Cars ($14.4B), Natural gas, liquefied ($14.2B), and Iron ore, concentrate, not iron pyrites,unagglomerate ($12.8B).

Economic Complexity: In 2019, the highest complexity exports of Beijing according to the product complexity index (PCI) are Halides (1.77), Non-Mechanical Removal Machinery (1.73), Wind Instruments (1.72), Other Measuring Instruments (1.71), and Oscilloscopes (1.7). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Value
Depth

Top Destination (2019): Singapore, $7.59B

Top Product (2019): Light petroleum distillates nes, $12.9B

In 2019 the top export destinations of Beijing were Singapore ($7.59B), United States ($3.58B), Vietnam ($3B), Philippines ($2.51B), and Australia ($2.46B).

In 2019 the top exports of Beijing were Light petroleum distillates nes ($12.9B), Petroleum spirit for motor vehicles ($7.37B), Telephones for cellular networks or for... ($3.08B), Commodities not specified according to kind ($819M), and Optical devices, appliances and instruments, nes ($711M).

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): Saudi Arabia, $24.3B

Top Import (2019): Petroleum oils, oils from bituminous minerals,..., $119B

In 2019 the top import origins of Beijing were Saudi Arabia ($24.3B), Australia ($23.3B), Germany ($22.5B), United States ($21.9B), and Iraq ($16.6B).

In 2019 the top imports of Beijing were Petroleum oils, oils from bituminous minerals,... ($119B), Gold in unwrought forms non-monetary ($17.5B), Medium Sized Cars ($14.4B), Natural gas, liquefied ($14.2B), and Iron ore, concentrate, not iron pyrites,unagglomerate ($12.8B).

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 Beijing throughout time.

Comparison Map

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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 Beijing. 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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Beijing ranks 4th 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 Beijing already has a comparative advantage, are led by Carboxyimide Compounds (0.24), Phenol Derivatives (0.24), Hydrazine or Hydroxylamine Derivatives (0.23), Nickel Sheets (0.23), and Tungsten (0.23).

Most Complex Products by PCI

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The highest complexity exports of Beijing according to the product complexity index (PCI) are Halides (1.77), Non-Mechanical Removal Machinery (1.73), Wind Instruments (1.72), Other Measuring Instruments (1.71), and Oscilloscopes (1.7). 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 Stranded Aluminium Wire (22), Hydraulic Turbines (19.2), Boiler Plants (18.8), Cast Iron Pipes (18), and Steam Boilers (14.3).

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