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Overview This page contains the latest international trade data for Guangdong Province. In August 2024 Guangdong Province was the number 1 in total exports and the number 2 in total imports in China.

Exports In 2023, China's Guangdong Province exported $798B, making it the 1st largest exporter out of the 31 exporters in China. In 2023 the top exports of Guangdong Province were Commodities not specified according to kind ($33.7B), Smartphones ($33B), Communication apparatus (excluding telephone sets or... ($22.7B), Other toys (wheeled, model scale, puzzles) ($16.1B), and Static converters, nes ($16.1B).

Imports In 2023, China's Guangdong Province imported $447B, making it the 2nd largest importer out of the 31 importers in China. In 2023 top imports of Guangdong Province were Electronic integrated circuits: processors and controllers,... ($62.7B), Electronic integrated circuits: n.e.c. in heading... ($41.8B), Electronic integrated circuits: memories ($30.3B), Gold in unwrought forms non-monetary ($11.2B), and OLED flat screen modules, interactive ($10.4B).

Economic Complexity In 2023, the highest complexity exports of Guangdong Province according to the product complexity index (PCI) are Non-Mechanical Removal Machinery (1.95), Interchangeable Tool Parts (1.82), Drafting Tools (1.69), Incomplete Movement Sets (1.63), Integrated Circuits (1.53), Electric Soldering Equipment (1.52), Metal Molds (1.51), Signaling Glassware (1.46), Air Pumps (1.45), and Mirrors and Lenses (1.44). 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)Hong Kong$144B

In 2023 the top export destinations of Guangdong Province were Hong Kong ($144B), United States ($126B), Japan ($27.7B), India ($26.9B), and Vietnam ($25.5B).

In 2023 the top exports of Guangdong Province were Commodities not specified according to kind ($33.7B), Smartphones ($33B), Communication apparatus (excluding telephone sets or... ($22.7B), Other toys (wheeled, model scale, puzzles) ($16.1B), and Static converters, nes ($16.1B).

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Exports Dynamics

Fastest Growing Exports Destination (Aug 2023 - Aug 2024)
Hong Kong $1.43B (12.7%)
India $409M (16.2%)
Mexico $281M (14.9%)
Rapidly Declining Export Origins (Aug 2023 - Aug 2024)
United States -$1.26B (-9.39%)
United Kingdom -$274M (-13.7%)
Chinese Taipei -$273M (-17.5%)

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Yearly Imports

Color
Depth

In 2023 the top import origins of Guangdong Province were Chinese Taipei ($77.4B), China ($58.1B), South Korea ($33.5B), Japan ($32.6B), and Vietnam ($23.2B).

In 2023 the top imports of Guangdong Province were Electronic integrated circuits: processors and controllers,... ($62.7B), Electronic integrated circuits: n.e.c. in heading... ($41.8B), Electronic integrated circuits: memories ($30.3B), Gold in unwrought forms non-monetary ($11.2B), and OLED flat screen modules, interactive ($10.4B).

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Imports Dynamics

Fastest Growing Import Origins (Aug 2023 - Aug 2024)
Chinese Taipei $1.52B (22.4%)
China $1.48B (30.7%)
Hong Kong $513M (137%)
Rapidly Declining Import Origins (Aug 2023 - Aug 2024)
Australia -$420M (-40.8%)
Netherlands -$181M (-49.6%)
Saudi Arabia -$144M (-59.6%)

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Economic Complexity

Economic Complexity of Guangdong Province

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Economic Complexity (2023)0.22

Guangdong Province ranks 8th 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 Guangdong Province already has a comparative advantage, are led by Rubber Apparel (0.4), Non-Retail Silk Yarn (0.39), Office Machine Parts (0.38), Broadcasting Equipment (0.37), and Knit Gloves (0.36).

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Most Complex Products by PCI

The highest complexity exports of Guangdong Province according to the product complexity index (PCI) are Non-Mechanical Removal Machinery (1.95), Interchangeable Tool Parts (1.82), Drafting Tools (1.69), Incomplete Movement Sets (1.63), Integrated Circuits (1.53), Electric Soldering Equipment (1.52), Metal Molds (1.51), Signaling Glassware (1.46), Air Pumps (1.45), and Mirrors and Lenses (1.44). 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 Flat panel displays (391.62), Pearl Products (25.28), Telephones (15.82), Travel Kits (10.39), and Sound Recording Equipment (9.62).

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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 Guangdong 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.

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Relatedness Space

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