Guangdong ProvinceProvince in China
2020 Economic Complexity : 0.19, Rank 9 of 31
Sep 2022 Trade Exports | Imports: $80.4B | $41.7B, 1 of 31 | 1 of 31
Sep 2022 Country Destination | Origin: Hong Kong | Taiwan , $17.2B | $8.06B
Sep 2022 Product Exports | Imports: Smartphones | Electronic integrated circuits: processors and controllers, whether or..., $5.55B | $6.85B
Overview This page contains the latest international trade data for Guangdong Province. In September 2022 Guangdong Province was the number 1 in total exports and the number 1 in total imports in China.
Exports In 2021, China's Guangdong Province exported $759B, making it the 1st largest exporter out of the 31 exporters in China. In 2021 the top exports of Guangdong Province were Telephones for cellular networks or for... ($36.4B), Telephone sets and other apparatus for... ($23.9B), Communication apparatus (excluding telephone sets or... ($23.7B), Other toys (wheeled, model scale, puzzles) ($18B), and Commodities not specified according to kind ($16.3B).
Imports In 2021, China's Guangdong Province imported $498B, making it the 1st largest importer out of the 31 importers in China. In 2021 top imports of Guangdong Province were Electronic integrated circuits: processors and controllers,... ($68.5B), Electronic integrated circuits: n.e.c. in heading... ($48B), Electronic integrated circuits: memories ($46.2B), Telephone sets and other apparatus for... ($24.8B), and Gold in unwrought forms non-monetary ($13.5B).
Economic Complexity In 2020, the highest complexity exports of Guangdong Province according to the product complexity index (PCI) are Motor-working Tools (1.37), Children's Picture Books (0.99), Telephones (0.88), Light Fixtures (0.66), and Sound Recording Equipment (0.42). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
September, 2022
Overview In September 2022 Guangdong Province exported $80.4B and imported $41.7B, resulting in a positive trade balance of $38.7B. Between September 2021 and September 2022 the exports of Guangdong Province have increased by $4.21B (5.52%) from $76.2B to $80.4B, while imports decreased by $-2.87B (-6.44%) from $44.6B to $41.7B.
Trade In September 2022, the top exports of Guangdong Province were Telephones ($9.48B), Integrated Circuits ($3.62B), Computers ($3.31B), Other toys ($2.52B), and Electrical Transformers ($2.31B). In September 2022 the top imports of Guangdong Province were Integrated Circuits ($15.5B), Sound Recordings ($1.47B), Semiconductor Devices ($1.38B), Petroleum Gas ($1.01B), and Office Machine Parts ($856M).
Destinations In September 2022, Guangdong Province exported mostly to Hong Kong ($17.2B), United States ($13.3B), Japan ($2.88B), India ($2.72B), and Malaysia ($2.54B), and imported mostly from Taiwan ($8.06B), China ($5.98B), South Korea ($4.11B), Japan ($3.96B), and Vietnam ($2.39B).
Growth In September 2022, the increase in Guangdong Province's year-by-year exports was explained primarily by an increase in exports to United States ($3.65B or 50.2%), Vietnam ($913M or 70.7%), and Germany ($591M or 39.2%), and product exports increase in Telephones ($3.83B or 87.5%), Integrated Circuits ($1.89B or 823%), and Computers ($1.81B or 186%). In September 2022, the decrease in Guangdong Province's year-by-year imports was explained primarily by an decrease in imports from Iran ($-269M or -85.1%), Switzerland ($-140M or -36.8%), and Argentina ($-25.6M or -24.9%), and product imports decrease in Crude Petroleum ($-293M or -66.1%), Coal Briquettes ($-185M or -64.3%), and Soybeans ($-114M or -94.6%).
EXPORT GROWTH (September 2021 - September 2022): $4.21B, (5.52%)
IMPORT GROWTH (September 2021 - September 2022): $-2.87B, (-6.44%)
This section shows exports and imports data at subnational level for Guangdong 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 Guangdong Province over time.
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Top Destination (2021): Hong Kong, $162B
Top Product (2021): Telephones for cellular networks or for..., $36.4B
In 2021 the top export destinations of Guangdong Province were Hong Kong ($162B), United States ($133B), Japan ($28.1B), Germany ($23B), and Vietnam ($22.9B).
In 2021 the top exports of Guangdong Province were Telephones for cellular networks or for... ($36.4B), Telephone sets and other apparatus for... ($23.9B), Communication apparatus (excluding telephone sets or... ($23.7B), Other toys (wheeled, model scale, puzzles) ($18B), and Commodities not specified according to kind ($16.3B).
Top Origin (2021): China, $94.4B
Top Import (2021): Electronic integrated circuits: processors and controllers,..., $68.5B
In 2021 the top import origins of Guangdong Province were China ($94.4B), Taiwan ($86.7B), South Korea ($52.2B), Japan ($43.3B), and Malaysia ($28.3B).
In 2021 the top imports of Guangdong Province were Electronic integrated circuits: processors and controllers,... ($68.5B), Electronic integrated circuits: n.e.c. in heading... ($48B), Electronic integrated circuits: memories ($46.2B), Telephone sets and other apparatus for... ($24.8B), and Gold in unwrought forms non-monetary ($13.5B).
Fastest Growing Import Origins (Sep 2021 - Sep 2022)
Rapidly Declining Import Origins (Sep 2021 - Sep 2022)
Economic Complexity (2021): 0.19
Guangdong Province ranks 9th 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 Guangdong Province already has a comparative advantage, are led by Sewing Machines (0.36), Broadcasting Equipment (0.35), Other Edible Animal Products (0.34), Knitting Machines (0.34), and Hats (0.34).
The highest complexity exports of Guangdong Province according to the product complexity index (PCI) are Motor-working Tools (1.37), Children's Picture Books (0.99), Telephones (0.88), Light Fixtures (0.66), and Sound Recording Equipment (0.42). 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 Railway Cargo Containers (26.7), Telephones (16.0), Sound Recording Equipment (15.0), Manganese (12.4), and Artificial Vegetation (11.3).
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.
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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