Fujian ProvinceProvince in China
2020 Economic Complexity : 0.0072, Rank 23 of 31
Jan 2021 Trade Exports | Imports: $12.6B | $7.98B, 6 of 31 | 7 of 31
Jan 2021 Country Destination | Origin: United States | Australia , $2.19B | $784M
Jan 2021 Product Exports | Imports: Electric accumulators: lithium-ion, including separators, whether or not... | Iron ore, concentrate, not iron pyrites,unagglomerate , $403M | $995M
Overview: This page contains the latest international trade data for Fujian Province, including export and import data.
Exports: In 2020, China's Fujian Province exported $112B, making it the 6th largest exporter out of the 31 exporters in China. In 2020 the top exports of Fujian Province were Footwear, outer soles/uppers of rubber or... ($2.75B), Footwear,sole rubber/plastic,upper textile, not sport ($2.54B), Made up articles (textile) nes, textile... ($2.18B), Monitors; other than cathode-ray tube; capable... ($1.79B), and Worked granite ($1.51B).
Imports: In 2020, China's Fujian Province imported $78B, making it the 7th largest importer out of the 31 importers in China. In 2020 top imports of Fujian Province were Iron ore, concentrate, not iron pyrites,unagglomerate ($10.8B), Petroleum oils, oils from bituminous minerals,... ($4.37B), Copper ores and concentrates ($4.23B), Electronic integrated circuits: processors and controllers,... ($3.17B), and Soya beans: other than seed, whether... ($1.69B).
Economic Complexity: In 2019, the highest complexity exports of Fujian Province according to the product complexity index (PCI) are Tool Plates (1.96), Hot-Rolled Stainless Steel Bars (1.8), LCDs (1.7), Photographic Plates (1.69), and Mirrors and Lenses (1.56). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Overview: In January 2021 Fujian Province exported $12.6B and imported $7.98B, resulting in a positive trade balance of $4.65B. Between January 2020 and January 2021 the exports of Fujian Province have increased by $2.23B (21.4%) from $10.4B to $12.6B, while imports increased by $2.23B (38.7%) from $5.75B to $7.98B.
Trade: In January 2021, the top exports of Fujian Province were Rubber Footwear ($518M), Electric Batteries ($442M), Other Furniture ($390M), Textile Footwear ($378M), and Video Displays ($293M). In January 2021 the top imports of Fujian Province were Iron Ore ($1.02B), Crude Petroleum ($456M), Integrated Circuits ($404M), Copper Ore ($402M), and LCDs ($203M).
Destinations: In January 2021, Fujian Province exported mostly to United States ($2.19B), Philippines ($907M), Taiwan ($757M), Japan ($619M), and Vietnam ($600M), and imported mostly from Australia ($784M), Indonesia ($697M), Taiwan ($692M), United States ($493M), and Japan ($422M).
Growth: In January 2021, the increase in Fujian Province's year-by-year exports was explained primarily by an increase in exports to Vietnam ($332M or 124%), United States ($326M or 17.5%), and Taiwan ($302M or 66.4%), and product exports increase in Electric Batteries ($272M or 160%), Blood, antisera, vaccines, toxins and cultures ($238M or 13.3k%), and Commodities not elsewhere specified ($132M or 413%). In January 2021, the increase in Fujian Province's year-by-year imports was explained primarily by an increase in imports from Taiwan ($266M or 62.3%), United States ($255M or 107%), and Malaysia ($243M or 186%), and product imports increase in Iron Ore ($404M or 65.9%), Stainless Steel Ingots ($190M or 103k%), and Integrated Circuits ($174M or 75.2%).
EXPORT GROWTH (January 2020 - January 2021): $2.23B, (21.4%)
IMPORT GROWTH (January 2020 - January 2021): $2.23B, (38.7%)
This section shows exports and imports data at subnational level for Fujian Province. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of Fujian Province over time.
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Top Destination (2020): United States, $20.2B
Top Product (2020): Footwear, outer soles/uppers of rubber or..., $2.75B
In 2020 the top export destinations of Fujian Province were United States ($20.2B), Philippines ($8.98B), Japan ($6.23B), Taiwan ($5.32B), and Vietnam ($4.32B).
In 2020 the top exports of Fujian Province were Footwear, outer soles/uppers of rubber or... ($2.75B), Footwear,sole rubber/plastic,upper textile, not sport ($2.54B), Made up articles (textile) nes, textile... ($2.18B), Monitors; other than cathode-ray tube; capable... ($1.79B), and Worked granite ($1.51B).
Top Origin (2020): Australia, $9.78B
Top Import (2020): Iron ore, concentrate, not iron pyrites,unagglomerate, $10.8B
In 2020 the top import origins of Fujian Province were Australia ($9.78B), Taiwan ($6.21B), Indonesia ($5.96B), Brazil ($5.27B), and United States ($3.75B).
In 2020 the top imports of Fujian Province were Iron ore, concentrate, not iron pyrites,unagglomerate ($10.8B), Petroleum oils, oils from bituminous minerals,... ($4.37B), Copper ores and concentrates ($4.23B), Electronic integrated circuits: processors and controllers,... ($3.17B), and Soya beans: other than seed, whether... ($1.69B).
Fastest Growing Import Origins (Jan 2020 - Jan 2021)
Rapidly Declining Import Origins (Jan 2020 - Jan 2021)
Economic Complexity (2020): 0.0072
Fujian Province ranks 23rd 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.
The top export opportunities according to the relatedness level, without considering those products were Fujian Province already has a comparative advantage, are led by Cinnamon (0.44), Vacuum Flask (0.41), Knitted Hats (0.4), House Linens (0.39), and Gum Coated Textile Fabric (0.38).
The highest complexity exports of Fujian Province according to the product complexity index (PCI) are Tool Plates (1.96), Hot-Rolled Stainless Steel Bars (1.8), LCDs (1.7), Photographic Plates (1.69), and Mirrors and Lenses (1.56). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The most specialized products according to the RCA index are led by Umbrella and Walking Stick Accessories (54.9), Other Clocks (32.7), Umbrellas (28.7), Wood Kitchenware (28), and Building Stone (27).
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 Fujian Province 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.
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.
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