Chongqing

Province in China

Exports (2019): $47.6B, Rnk 9/31

Top Destination (2019): $12.3B, United States

Top Export (2019): $21.7B, Automatic data processing machines: portable, weighing...

Imports (2019): $30.1B, Rnk 11/31

Top Origin (2019): $4.47B, South Korea

Top Import (2019): $8.61B, Electronic integrated circuits: processors and controllers,...

Economic Complexity (2019): 0.39, Rnk 1 / 31

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

Exports: In 2019, China's Chongqing exported $47.6B, making it the 9th largest exporter out of the 31 exporters in China. In 2019 the top exports of Chongqing were Automatic data processing machines: portable, weighing... ($21.7B), Communication apparatus (excluding telephone sets or... ($3.46B), Units of automatic data processing machines:... ($1.75B), Electronic integrated circuits: memories ($1.65B), and Motorcycles, spark ignition engine of 50-250... ($1.27B).

Imports: In 2019, China's Chongqing imported $30.1B, making it the 11th largest importer out of the 31 importers in China. In 2019 top imports of Chongqing were Electronic integrated circuits: processors and controllers,... ($8.61B), Electronic integrated circuits: memories ($2.97B), Units of automatic data processing machines:... ($2.79B), Electronic integrated circuits: n.e.c. in heading... ($944M), and Parts and accessories of data processing... ($909M).

Economic Complexity: In 2019, the highest complexity exports of Chongqing according to the product complexity index (PCI) are Motor-working Tools (1.63), Mirrors and Lenses (1.56), Electric Furnaces (1.53), Photographic Plates (1.52), and Transmissions (1.52). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Top Destination (2019): United States, $12.3B

Top Product (2019): Automatic data processing machines: portable, weighing..., $21.7B

In 2019 the top export destinations of Chongqing were United States ($12.3B), Germany ($5.18B), South Korea ($2.88B), Netherlands ($2.27B), and Japan ($2B).

In 2019 the top exports of Chongqing were Automatic data processing machines: portable, weighing... ($21.7B), Communication apparatus (excluding telephone sets or... ($3.46B), Units of automatic data processing machines:... ($1.75B), Electronic integrated circuits: memories ($1.65B), and Motorcycles, spark ignition engine of 50-250... ($1.27B).

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Export Dynamics

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Fastest Growing Exports Destination (July 2019 - July 2020)

Rapidly Declining Export Origins (July 2019 - July 2020)

Yearly Imports

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Top Origin (2019): South Korea, $4.47B

Top Import (2019): Electronic integrated circuits: processors and controllers,..., $8.61B

In 2019 the top import origins of Chongqing were South Korea ($4.47B), Taiwan ($4.33B), Vietnam ($3.87B), Malaysia ($3.29B), and China ($3.21B).

In 2019 the top imports of Chongqing were Electronic integrated circuits: processors and controllers,... ($8.61B), Electronic integrated circuits: memories ($2.97B), Units of automatic data processing machines:... ($2.79B), Electronic integrated circuits: n.e.c. in heading... ($944M), and Parts and accessories of data processing... ($909M).

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Import Dynamics

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Fastest Growing Import Origins (July 2019 - July 2020)

Rapidly Declining Import Origins (July 2019 - July 2020)

Comparison in Time

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This section shows differences between total trade from Chongqing throughout time.

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

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Economic Complexity

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Economic Complexity of China

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Chongqing ranks 1st out of the 31 territories 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 Chongqing already has a comparative advantage, are led by Vacuum Flask (0.17), Portable Lighting (0.16), Glass with Edge Workings (0.16), Wrenches (0.15), and Watch Movements (0.15).

Most Complex Products by PCI

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The highest complexity exports of Chongqing according to the product complexity index (PCI) are Motor-working Tools (1.63), Mirrors and Lenses (1.56), Electric Furnaces (1.53), Photographic Plates (1.52), and Transmissions (1.52). 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 Computers (33.6), Motorcycles (20.1), Telephones (11.8), Artificial Vegetation (8.89), and Bathroom Ceramics (8.82).

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