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Overview This page contains the latest international trade data for Beijing. In March 2024 Beijing was the number 8 in total exports and the number 1 in total imports in China.

Exports In 2023, China's Beijing exported $88B, making it the 8th largest exporter out of the 31 exporters in China. In 2023 the top exports of Beijing were Light petroleum distillates nes ($23.1B), Smartphones ($8.25B), Petroleum spirit for motor vehicles ($8.04B), Electronic integrated circuits: processors and controllers,... ($1.32B), and LCD display modules with touch, drivers,... ($965M).

Imports In 2023, China's Beijing imported $458B, making it the 1st largest importer out of the 31 importers in China. In 2023 top imports of Beijing were Petroleum oils, oils from bituminous minerals,... ($184B), Gold in unwrought forms non-monetary ($50.1B), Natural gas, liquefied ($21.9B), Medium Sized Cars ($14.2B), and Iron ore, concentrate, not iron pyrites,unagglomerate ($12.8B).

Economic Complexity In 2023, the highest complexity exports of Beijing according to the product complexity index (PCI) are Artificial Textile Machinery (2.15), Other Esters (2.07), Non-Mechanical Removal Machinery (1.95), Metal Pickling Preparations (1.84), Hand Saws (1.78), Oscilloscopes (1.77), Other Measuring Instruments (1.66), X-Ray Equipment (1.54), Valves (1.54), and Knitting Machine Accessories (1.51). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

Yearly Exports

Color
Depth
Top Destination (2023)Hong Kong$9.6B
Top Product (2023)Light petroleum distillates nes$23.1B

In 2023 the top export destinations of Beijing were Hong Kong ($9.6B), Singapore ($7.66B), United States ($5.27B), Japan ($3.91B), and Russia ($3.87B).

In 2023 the top exports of Beijing were Light petroleum distillates nes ($23.1B), Smartphones ($8.25B), Petroleum spirit for motor vehicles ($8.04B), Electronic integrated circuits: processors and controllers,... ($1.32B), and LCD display modules with touch, drivers,... ($965M).

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Exports Dynamics

Fastest Growing Exports Destination (Mar 2023 - Mar 2024)
Singapore $350M (56.7%)
Australia $288M (383%)
Hong Kong $145M (18%)
Rapidly Declining Export Origins (Mar 2023 - Mar 2024)
Bangladesh -$345M (-57%)
Belgium -$158M (-65.2%)
Mexico -$122M (-50.4%)

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Yearly Imports

Color
Depth
Top Origin (2023)United States$32.9B

In 2023 the top import origins of Beijing were United States ($32.9B), Brazil ($29.7B), Iraq ($25.7B), Australia ($24.7B), and Germany ($23.2B).

In 2023 the top imports of Beijing were Petroleum oils, oils from bituminous minerals,... ($184B), Gold in unwrought forms non-monetary ($50.1B), Natural gas, liquefied ($21.9B), Medium Sized Cars ($14.2B), and Iron ore, concentrate, not iron pyrites,unagglomerate ($12.8B).

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Imports Dynamics

Fastest Growing Import Origins (Mar 2023 - Mar 2024)
Russia $1.55B (151%)
Canada $837M (59.4%)
Rapidly Declining Import Origins (Mar 2023 - Mar 2024)
Saudi Arabia -$1.8B (-72.7%)
United States -$798M (-24.6%)
Kuwait -$688M (-56.4%)

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Economic Complexity

Economic Complexity of Beijing

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Economic Complexity (2023)0.36

Beijing ranks 4th out of the 31 provinces in China 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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Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were Beijing already has a comparative advantage, are led by Nickel Sheets (0.24), Polymer Ion-Exchangers (0.23), Tungsten (0.23), Other Organo-Inorganic Compounds (0.23), and Electric Soldering Equipment (0.23).

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Most Complex Products by PCI

The highest complexity exports of Beijing according to the product complexity index (PCI) are Artificial Textile Machinery (2.15), Other Esters (2.07), Non-Mechanical Removal Machinery (1.95), Metal Pickling Preparations (1.84), Hand Saws (1.78), Oscilloscopes (1.77), Other Measuring Instruments (1.66), X-Ray Equipment (1.54), Valves (1.54), and Knitting Machine Accessories (1.51). 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 Flat panel displays (214.38), Telephones (17.38), Casting Machines (14.05), Metal-Rolling Mills (12.65), and Cast Iron Pipes (12.34).

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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 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.

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Relatedness Space

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.

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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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