Fujian ProvinceProvince in China
Exports (2019): $108B, Rnk 6/31
Top Destination (2019): $19.5B, United States
Top Export (2019): $3.45B, Footwear,sole rubber/plastic,upper textile, not sport
Imports (2019): $70.7B, Rnk 7/31
Top Origin (2019): $8.11B, Australia
Top Import (2019): $7.21B, Iron ore, concentrate, not iron pyrites,unagglomerate
Economic Complexity (2019): -0.013, Rnk 21 / 31
Exports: In 2019, China's Fujian Province exported $108B, making it the 6th largest exporter out of the 31 exporters in China. In 2019 the top exports of Fujian Province were Footwear,sole rubber/plastic,upper textile, not sport ($3.45B), Footwear, outer soles/uppers of rubber or... ($3.3B), Monitors; other than cathode-ray tube; capable... ($1.85B), Worked granite ($1.59B), and Optical devices, appliances and instruments, nes ($1.49B).
Imports: In 2019, China's Fujian Province imported $70.7B, making it the 7th largest importer out of the 31 importers in China. In 2019 top imports of Fujian Province were Iron ore, concentrate, not iron pyrites,unagglomerate ($7.21B), Petroleum oils, oils from bituminous minerals,... ($5.4B), Copper ores and concentrates ($3.47B), Electronic integrated circuits: processors and controllers,... ($2.95B), and Optical devices, appliances and instruments, nes ($1.84B).
Economic Complexity: In 2019, the highest complexity exports of Fujian Province according to the product complexity index (PCI) are Tool Plates (1.95), Glass with Edge Workings (1.88), Hot-Rolled Stainless Steel Bars (1.73), Motor-working Tools (1.63), and Fork-Lifts (1.59). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Top Destination (2019): United States, $19.5B
Top Product (2019): Footwear,sole rubber/plastic,upper textile, not sport, $3.45B
In 2019 the top export destinations of Fujian Province were United States ($19.5B), Philippines ($7.77B), Japan ($6.01B), Taiwan ($4.83B), and Vietnam ($4.46B).
In 2019 the top exports of Fujian Province were Footwear,sole rubber/plastic,upper textile, not sport ($3.45B), Footwear, outer soles/uppers of rubber or... ($3.3B), Monitors; other than cathode-ray tube; capable... ($1.85B), Worked granite ($1.59B), and Optical devices, appliances and instruments, nes ($1.49B).
Fastest Growing Exports Destination (April 2019 - April 2020)
Rapidly Declining Export Origins (April 2019 - April 2020)
Top Origin (2019): Australia, $8.11B
Top Import (2019): Iron ore, concentrate, not iron pyrites,unagglomerate, $7.21B
In 2019 the top import origins of Fujian Province were Australia ($8.11B), Taiwan ($6.04B), Indonesia ($5.04B), Saudi Arabia ($5.02B), and Brazil ($4.02B).
In 2019 the top imports of Fujian Province were Iron ore, concentrate, not iron pyrites,unagglomerate ($7.21B), Petroleum oils, oils from bituminous minerals,... ($5.4B), Copper ores and concentrates ($3.47B), Electronic integrated circuits: processors and controllers,... ($2.95B), and Optical devices, appliances and instruments, nes ($1.84B).
Fastest Growing Import Origins (April 2019 - April 2020)
Rapidly Declining Import Origins (April 2019 - April 2020)
This section shows differences between total trade from Fujian Province throughout time.
The territories of China with the highest exports in 2019 were Guangdong Province ($444B), Jiangsu Province ($347B), Zhejiang Province ($314B), Shanghai Province ($176B), and Shandong Province ($153B)
The territories of China with the highest imports in 2019 were Guangdong Province ($373B), Beijing ($293B), Shanghai Province ($288B), Jiangsu Province ($223B), and Shandong Province ($133B)
This section shows forecasts for total exports and imports from Fujian Province. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.
Fujian Province ranks 21st out of the 31 territories in China according to ECI.
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 (0.43), Fake Hair (0.4), Knitted Hats (0.39), Vacuum Flask (0.39), and Non-Knit Women's Undergarments (0.39).
The highest complexity exports of Fujian Province according to the product complexity index (PCI) are Tool Plates (1.95), Glass with Edge Workings (1.88), Hot-Rolled Stainless Steel Bars (1.73), Motor-working Tools (1.63), and Fork-Lifts (1.59). 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 Umbrellas (43.8), Other Clocks (38), Rubber Textiles (32), Building Stone (29.4), and Ornamental Ceramics (27.8).
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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