Gansu Province

Province in China

Exports (2019): $1.54B, Rnk 29/31

Top Destination (2019): $145M, Germany

Top Export (2019): $425M, Carbon and graphite furnace electrodes

Imports (2019): $3.24B, Rnk 27/31

Top Origin (2019): $738M, Kazakhstan

Top Import (2019): $1.62B, Copper ores and concentrates

Economic Complexity (2019): -0.026, Rnk 22 / 31

Exports: In 2019, China's Gansu Province exported $1.54B, making it the 29th largest exporter out of the 31 exporters in China. In 2019 the top exports of Gansu Province were Carbon and graphite furnace electrodes ($425M), Apples, fresh ($88.5M), Pure aluminium rectangular plate/sheet/strip, t >0.2m ($57.4M), Electronic integrated circuits: n.e.c. in heading... ($53.1M), and Seed, vegetable, nes for sowing ($35.8M).

Imports: In 2019, China's Gansu Province imported $3.24B, making it the 27th largest importer out of the 31 importers in China. In 2019 top imports of Gansu Province were Copper ores and concentrates ($1.62B), Nickel ores and concentrates ($381M), Coal tar distillation products nes ($174M), Nickel mattes ($119M), and Electronic integrated circuits: n.e.c. in heading... ($112M).

Economic Complexity: In 2019, the highest complexity exports of Gansu Province according to the product complexity index (PCI) are Glass with Edge Workings (1.88), Metalworking Machines (1.77), Hydrides and other anions (1.59), Mirrors and Lenses (1.56), and Electric Furnaces (1.53). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Value
Depth

Top Destination (2019): Germany, $145M

Top Product (2019): Carbon and graphite furnace electrodes, $425M

In 2019 the top export destinations of Gansu Province were Germany ($145M), United States ($106M), Indonesia ($98.5M), South Korea ($96.9M), and Netherlands ($83.8M).

In 2019 the top exports of Gansu Province were Carbon and graphite furnace electrodes ($425M), Apples, fresh ($88.5M), Pure aluminium rectangular plate/sheet/strip, t >0.2m ($57.4M), Electronic integrated circuits: n.e.c. in heading... ($53.1M), and Seed, vegetable, nes for sowing ($35.8M).

Export Dynamics

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Fastest Growing Exports Destination (May 2019 - May 2020)

Rapidly Declining Export Origins (May 2019 - May 2020)

Value
Depth

Top Origin (2019): Kazakhstan, $738M

Top Import (2019): Copper ores and concentrates, $1.62B

In 2019 the top import origins of Gansu Province were Kazakhstan ($738M), Mongolia ($537M), Australia ($263M), Indonesia ($200M), and Peru ($163M).

In 2019 the top imports of Gansu Province were Copper ores and concentrates ($1.62B), Nickel ores and concentrates ($381M), Coal tar distillation products nes ($174M), Nickel mattes ($119M), and Electronic integrated circuits: n.e.c. in heading... ($112M).

Import Dynamics

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Fastest Growing Import Origins (May 2019 - May 2020)

Rapidly Declining Import Origins (May 2019 - May 2020)

Comparison in Time

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This section shows differences between total trade from Gansu Province throughout time.

Comparison Map

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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 Gansu Province. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

Explore Forecasts

Economic Complexity

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Economic Complexity of China

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Gansu Province ranks 22nd out of the 31 territories in China according to ECI.

Estimated using exports data.

Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Gansu Province already has a comparative advantage, are led by Oxometallic or Peroxometallic Acid Salts (0.2), Umbrellas (0.2), Portable Lighting (0.19), LCDs (0.19), and Vacuum Flask (0.18).

Most Complex Products by PCI

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The highest complexity exports of Gansu Province according to the product complexity index (PCI) are Glass with Edge Workings (1.88), Metalworking Machines (1.77), Hydrides and other anions (1.59), Mirrors and Lenses (1.56), and Electric Furnaces (1.53). 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 Carbon-based Electronics (447), Locust beans, seaweed, sugar beet, cane,... (119), Apples and Pears (105), Glycosides (105), and Scarves (95.5).

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 Gansu 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.

Relatedness Space

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This network shows the products most related to the production structure of  Gansu Province. These are products that tend to be co-exported with the products that Gansu Province 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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Depth

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.