Chongqing

Province in China

2019
Economic
Complexity
: 0.36, Rank 2 of 31

Dec 2020
Trade
Exports | Imports
: $6.83B | $3.85B, 9 of 31 | 12 of 31

Dec 2020
Country
Destination | Origin
: United States | Taiwan , $1.53B  | $633M

Dec 2020
Product
Exports | Imports
: Computers | Integrated Circuits , $3.18B  | $1.55B

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

Exports: In 2020, China's Chongqing exported $55.4B, making it the 10th largest exporter out of the 31 exporters in China. In 2020 the top exports of Chongqing were Automatic data processing machines: portable, weighing... ($26.5B), Communication apparatus (excluding telephone sets or... ($3.48B), Electronic integrated circuits: memories ($1.58B), Telephones for cellular networks or for... ($1.55B), and Motorcycles, spark ignition engine of 50-250... ($1.25B).

Imports: In 2020, China's Chongqing imported $32.3B, making it the 12th largest importer out of the 31 importers in China. In 2020 top imports of Chongqing were Electronic integrated circuits: processors and controllers,... ($9.82B), Electronic integrated circuits: memories ($3.19B), Units of automatic data processing machines:... ($2.75B), Electronic integrated circuits: n.e.c. in heading... ($989M), and Telephone sets and other apparatus for... ($976M).

Economic Complexity: In 2019, the highest complexity exports of Chongqing according to the product complexity index (PCI) are Mirrors and Lenses (1.43), LCDs (1.41), Integrated Circuits (1.41), Photographic Plates (1.38), and Transmissions (1.34). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

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This section shows the differences between Chongqing'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): United States, $14.9B

Top Product (2020): Automatic data processing machines: portable, weighing..., $26.5B

In 2020 the top export destinations of Chongqing were United States ($14.9B), Germany ($5.79B), Netherlands ($2.38B), Japan ($2.14B), and Hong Kong ($1.99B).

In 2020 the top exports of Chongqing were Automatic data processing machines: portable, weighing... ($26.5B), Communication apparatus (excluding telephone sets or... ($3.48B), Electronic integrated circuits: memories ($1.58B), Telephones for cellular networks or for... ($1.55B), and Motorcycles, spark ignition engine of 50-250... ($1.25B).

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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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Top Origin (2020): Vietnam, $5.58B

Top Import (2020): Electronic integrated circuits: processors and controllers,..., $9.82B

In 2020 the top import origins of Chongqing were Vietnam ($5.58B), Taiwan ($5.53B), South Korea ($4.82B), China ($3.01B), and Malaysia ($2.58B).

In 2020 the top imports of Chongqing were Electronic integrated circuits: processors and controllers,... ($9.82B), Electronic integrated circuits: memories ($3.19B), Units of automatic data processing machines:... ($2.75B), Electronic integrated circuits: n.e.c. in heading... ($989M), and Telephone sets and other apparatus for... ($976M).

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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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Chongqing ranks 2nd 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 Chongqing already has a comparative advantage, are led by Portable Lighting (0.18), Vacuum Flask (0.16), Postcards (0.16), Umbrellas (0.15), and Children's Picture Books (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 Mirrors and Lenses (1.43), LCDs (1.41), Integrated Circuits (1.41), Photographic Plates (1.38), and Transmissions (1.34). 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 (33.8), Motorcycles (18.8), Telephones (11.9), Motor-working Tools (8.43), and Electric Generating Sets (7.95).

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.