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Overview This page contains the latest international trade data for Chongqing. In September 2024 Chongqing was the number 11 in total exports and the number 14 in total imports in China.

Exports In 2023, China's Chongqing exported $79.3B, making it the 11th largest exporter out of the 31 exporters in China. In 2023 the top exports of Chongqing were Portable Computers under 10kg with Keyboard... ($23.6B), Smartphones ($4.76B), Electronic integrated circuits: memories ($3.48B), Small Sized Cars ($1.9B), and Motorcycles, Spark ignition 50-250 cc ($1.79B).

Imports In 2023, China's Chongqing imported $43.8B, making it the 14th largest importer out of the 31 importers in China. In 2023 top imports of Chongqing were Electronic integrated circuits: processors and controllers,... ($8.33B), Electronic integrated circuits: memories ($4.92B), Computer Storage Devices ($1.85B), Electronic integrated circuits: n.e.c. in heading... ($1.34B), and Parts and accessories of data processing... ($861M).

Economic Complexity In 2023, the highest complexity exports of Chongqing according to the product complexity index (PCI) are Integrated Circuits (1.53), Photographic Plates (1.5), Ketones and Quinones (1.48), Iron Chains (1.47), Office Machine Parts (1.44), Other Inorganic Acids Salts (1.37), Telephones (1.33), Gas and Liquid Flow Measuring Instruments (1.28), Computers (1.28), and Electric Batteries (1.26). 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)United States$11.1B

In 2023 the top export destinations of Chongqing were United States ($11.1B), Hong Kong ($8.06B), Germany ($5.26B), South Korea ($3.22B), and India ($3.18B).

In 2023 the top exports of Chongqing were Portable Computers under 10kg with Keyboard... ($23.6B), Smartphones ($4.76B), Electronic integrated circuits: memories ($3.48B), Small Sized Cars ($1.9B), and Motorcycles, Spark ignition 50-250 cc ($1.79B).

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Exports Dynamics

Fastest Growing Exports Destination (Sep 2023 - Sep 2024)
Chinese Taipei $195M (154%)
Hong Kong $160M (25.6%)
Vietnam $76.6M (55.1%)
Rapidly Declining Export Origins (Sep 2023 - Sep 2024)
South Korea -$126M (-48.1%)
United States -$119M (-11.8%)
Turkey -$56.8M (-63.9%)

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Yearly Imports

Color
Depth

In 2023 the top import origins of Chongqing were South Korea ($6.65B), Chinese Taipei ($5.09B), Vietnam ($3.94B), China ($2.74B), and Japan ($1.68B).

In 2023 the top imports of Chongqing were Electronic integrated circuits: processors and controllers,... ($8.33B), Electronic integrated circuits: memories ($4.92B), Computer Storage Devices ($1.85B), Electronic integrated circuits: n.e.c. in heading... ($1.34B), and Parts and accessories of data processing... ($861M).

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Imports Dynamics

Fastest Growing Import Origins (Sep 2023 - Sep 2024)
Malaysia $70.1M (61.9%)
Chinese Taipei $38.6M (9.49%)
Singapore $28.8M (336%)
Rapidly Declining Import Origins (Sep 2023 - Sep 2024)
South Korea -$103M (-17.9%)
United States -$73.3M (-40.2%)
Vietnam -$63.8M (-20.7%)

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Economic Complexity

Economic Complexity of Chongqing

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Economic Complexity (2023)0.39

Chongqing ranks 1st 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 Chongqing already has a comparative advantage, are led by Vacuum Flask (0.15), Portable Lighting (0.14), Semiconductor Devices (0.13), Postcards (0.13), and Phosphoric Esters and Salts (0.13).

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Most Complex Products by PCI

The highest complexity exports of Chongqing according to the product complexity index (PCI) are Integrated Circuits (1.53), Photographic Plates (1.5), Ketones and Quinones (1.48), Iron Chains (1.47), Office Machine Parts (1.44), Other Inorganic Acids Salts (1.37), Telephones (1.33), Gas and Liquid Flow Measuring Instruments (1.28), Computers (1.28), and Electric Batteries (1.26). 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 Other Inorganic Acids Salts (235.22), Flat panel displays (155.36), Computers (23.12), Motorcycles and cycles (18.58), and Telephones (16.62).

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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 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.

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Relatedness Space

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.

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Diversification Frontier

Depth
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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. Bubble size corresponds to exports value by year 2020.

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