Fujian ProvinceProvince in China
2019 Economic Complexity: 0.0072, Rank 23 of 31
Dec 2020 Trade Exports | Imports: $13.1B | $7.35B, 6 of 31 | 7 of 31
Dec 2020 Country Destination | Origin: United States | Australia , $2.18B | $991M
Dec 2020 Product Exports | Imports: Rubber Footwear | Iron Ore , $522M | $1.41B
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 Artificial Textile Machinery (2.06), Tool Plates (1.93), Glass with Edge Workings (1.78), Hot-Rolled Stainless Steel Bars (1.7), and Hand Saws (1.68). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Overview: In December 2020 Fujian Province exported $13.1B and imported $7.35B, resulting in a positive trade balance of $5.75B. Between December 2019 and December 2020 the exports of Fujian Province have increased by $3.53B (36.9%) from $9.56B to $13.1B, while imports increased by $97.8M (1.35%) from $7.25B to $7.35B.
Trade: In December 2020, the top exports of Fujian Province were Rubber Footwear ($522M), Other Furniture ($412M), Video Displays ($369M), Electric Batteries ($369M), and Textile Footwear ($351M). In December 2020 the top imports of Fujian Province were Iron Ore ($1.41B), Copper Ore ($388M), Integrated Circuits ($251M), Crude Petroleum ($210M), and LCDs ($170M).
Destinations: In December 2020, Fujian Province exported mostly to United States ($2.18B), Philippines ($860M), Hong Kong ($707M), Taiwan ($689M), and United Kingdom ($660M), and imported mostly from Australia ($991M), Indonesia ($616M), Brazil ($605M), Taiwan ($525M), and United States ($484M).
Growth: In December 2020, the increase in Fujian Province's year-by-year exports was explained primarily by an increase in exports to United States ($403M or 22.6%), Malaysia ($281M or 96.3%), and Taiwan ($147M or 27.2%), and product exports increase in Blood, antisera, vaccines, toxins and cultures ($315M or 21.8k%), Electric Batteries ($256M or 228%), and Video Displays ($139M or 60.2%). In December 2020, the increase in Fujian Province's year-by-year imports was explained primarily by an increase in imports from Indonesia ($211M or 52.1%), United States ($197M or 68.6%), and Australia ($149M or 17.7%), and product imports increase in Iron Ore ($395M or 38.8%), Stainless Steel Ingots ($141M or 4.68k%), and Pig Iron ($101M or 394%).
EXPORT GROWTH (December 2019 - December 2020): $3.53B, (36.9%)
IMPORT GROWTH (December 2019 - December 2020): $97.8M, (1.35%)
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.
This section shows the differences between Fujian Province's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit China's country profile.
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).
Fastest Growing Exports Destination (Dec 2019 - Dec 2020)
Rapidly Declining Export Origins (Dec 2019 - Dec 2020)
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 (Dec 2019 - Dec 2020)
Rapidly Declining Import Origins (Dec 2019 - Dec 2020)
Fujian Province ranks 23rd out of the 31 provinces 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), Knitted Hats (0.39), Vacuum Flask (0.39), Gum Coated Textile Fabric (0.38), and Fake Hair (0.38).
The highest complexity exports of Fujian Province according to the product complexity index (PCI) are Artificial Textile Machinery (2.06), Tool Plates (1.93), Glass with Edge Workings (1.78), Hot-Rolled Stainless Steel Bars (1.7), and Hand Saws (1.68). 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 (42.3), Other Clocks (34.9), Building Stone (31.5), Rubber Textiles (29.1), and Ornamental Ceramics (26.4).
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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