Beijing

Province in China

2019
Economic
Complexity
: 0.32, Rank 5 of 31

Dec 2020
Trade
Exports | Imports
: $5.69B | $25.2B, 11 of 31 | 3 of 31

Dec 2020
Country
Destination | Origin
: Hong Kong | United States , $736M  | $4.58B

Dec 2020
Product
Exports | Imports
: Refined Petroleum | Crude Petroleum , $1.32B  | $6.81B

Overview: This page contains the latest international trade data for Beijing, including export and import data.

Exports: In 2020, China's Beijing exported $59.6B, making it the 8th largest exporter out of the 31 exporters in China. In 2020 the top exports of Beijing were Light petroleum distillates nes ($10.2B), Telephones for cellular networks or for... ($6.8B), Petroleum spirit for motor vehicles ($6.08B), Made up articles (textile) nes, textile... ($2.37B), and Garments made up of textile felts... ($1.1B).

Imports: In 2020, China's Beijing imported $265B, making it the 3rd largest importer out of the 31 importers in China. In 2020 top imports of Beijing were Petroleum oils, oils from bituminous minerals,... ($93.1B), Medium Sized Cars ($18.9B), Iron ore, concentrate, not iron pyrites,unagglomerate ($16.5B), Natural gas, liquefied ($12.6B), and Natural gas in gaseous state ($6.63B).

Economic Complexity: In 2019, the highest complexity exports of Beijing according to the product complexity index (PCI) are Artificial Textile Machinery (2.06), Other Esters (1.96), Oscilloscopes (1.79), Non-Mechanical Removal Machinery (1.69), and Hand Saws (1.68). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

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Flow
Value
Reference Period

This section shows the differences between Beijing's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit China's country profile.

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Yearly Exports

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Top Destination (2020): Singapore, $5.66B

Top Product (2020): Light petroleum distillates nes, $10.2B

In 2020 the top export destinations of Beijing were Singapore ($5.66B), United States ($3.53B), Philippines ($2.92B), Japan ($2.82B), and Vietnam ($2.18B).

In 2020 the top exports of Beijing were Light petroleum distillates nes ($10.2B), Telephones for cellular networks or for... ($6.8B), Petroleum spirit for motor vehicles ($6.08B), Made up articles (textile) nes, textile... ($2.37B), and Garments made up of textile felts... ($1.1B).

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Exports Dynamics

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Fastest Growing Exports Destination (Dec 2019 - Dec 2020)

Rapidly Declining Export Origins (Dec 2019 - Dec 2020)

Yearly Imports

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Depth

Top Origin (2020): United States, $25.7B

Top Import (2020): Petroleum oils, oils from bituminous minerals,..., $93.1B

In 2020 the top import origins of Beijing were United States ($25.7B), Germany ($23.9B), Australia ($21.1B), Saudi Arabia ($15.1B), and Japan ($14.2B).

In 2020 the top imports of Beijing were Petroleum oils, oils from bituminous minerals,... ($93.1B), Medium Sized Cars ($18.9B), Iron ore, concentrate, not iron pyrites,unagglomerate ($16.5B), Natural gas, liquefied ($12.6B), and Natural gas in gaseous state ($6.63B).

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Imports Dynamics

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Fastest Growing Import Origins (Dec 2019 - Dec 2020)

Rapidly Declining Import Origins (Dec 2019 - Dec 2020)

Economic Complexity

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Economic Complexity of China

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Beijing ranks 5th out of the 31 provinces in China according to ECI.

Estimated using exports data.

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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 Phenol Derivatives (0.25), Other Organo-Inorganic Compounds (0.25), Carboxyimide Compounds (0.24), Nickel Sheets (0.24), and Wrenches (0.24).

Most Complex Products by PCI

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The highest complexity exports of Beijing according to the product complexity index (PCI) are Artificial Textile Machinery (2.06), Other Esters (1.96), Oscilloscopes (1.79), Non-Mechanical Removal Machinery (1.69), and Hand Saws (1.68). 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 (21.1), Hydraulic Turbines (19.6), Cast Iron Pipes (19.1), Boiler Plants (17.4), and Steam Turbines (15.8).

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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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.