Hainan Province

Province in China

2019
Economic
Complexity
: -0.024, Rank 26 of 31

Dec 2020
Trade
Exports | Imports
: $933M | $1.3B, 23 of 31 | 22 of 31

Dec 2020
Country
Destination | Origin
: Vietnam | France , $254M  | $152M

Dec 2020
Product
Exports | Imports
: Refined Petroleum | Beauty Products , $56.6M  | $388M

Overview: This page contains the latest international trade data for Hainan Province, including export and import data.

Exports: In 2020, China's Hainan Province exported $3.55B, making it the 27th largest exporter out of the 31 exporters in China. In 2020 the top exports of Hainan Province were Light petroleum distillates nes ($720M), Petroleum spirit for motor vehicles ($364M), Poly(ethylene terephthalate); in primary forms, having... ($285M), Fish nes, prepared or preserved, not... ($220M), and Fixed wing aircraft, unladen weight >... ($176M).

Imports: In 2020, China's Hainan Province imported $8.97B, making it the 24th largest importer out of the 31 importers in China. In 2020 top imports of Hainan Province were Beauty, makeup and suntan preparations nes ($2.75B), Wood in chips, non-coniferous ($543M), Natural gas, liquefied ($420M), P-xylene ($340M), and Light petroleum distillates nes ($301M).

Economic Complexity: In 2019, the highest complexity exports of Hainan Province according to the product complexity index (PCI) are Other Organo-Inorganic Compounds (1.4), Carboxyimide Compounds (1.39), Large Flat-Rolled Stainless Steel (1.08), Cathode Tubes (1.07), and Antibiotics (0.95). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

#permalink to section
Flow
Value
Reference Period

This section shows the differences between Hainan Province's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit China's country profile.

Visit Country Profile

Yearly Exports

#permalink to section
Value
Depth

Top Destination (2020): Vietnam, $596M

Top Product (2020): Light petroleum distillates nes, $720M

In 2020 the top export destinations of Hainan Province were Vietnam ($596M), Malaysia ($352M), Singapore ($304M), United States ($293M), and Philippines ($206M).

In 2020 the top exports of Hainan Province were Light petroleum distillates nes ($720M), Petroleum spirit for motor vehicles ($364M), Poly(ethylene terephthalate); in primary forms, having... ($285M), Fish nes, prepared or preserved, not... ($220M), and Fixed wing aircraft, unladen weight >... ($176M).

Explore Visualizations

Exports Dynamics

#permalink to section

Fastest Growing Exports Destination (Dec 2019 - Dec 2020)

Rapidly Declining Export Origins (Dec 2019 - Dec 2020)

Yearly Imports

#permalink to section
Value
Depth

Top Origin (2020): France, $917M

Top Import (2020): Beauty, makeup and suntan preparations nes, $2.75B

In 2020 the top import origins of Hainan Province were France ($917M), United States ($839M), United Kingdom ($824M), Japan ($812M), and Australia ($609M).

In 2020 the top imports of Hainan Province were Beauty, makeup and suntan preparations nes ($2.75B), Wood in chips, non-coniferous ($543M), Natural gas, liquefied ($420M), P-xylene ($340M), and Light petroleum distillates nes ($301M).

Explore Visualizations

Imports Dynamics

#permalink to section

Fastest Growing Import Origins (Dec 2019 - Dec 2020)

Rapidly Declining Import Origins (Dec 2019 - Dec 2020)

Economic Complexity

#permalink to section

Economic Complexity of China

#permalink to section

Hainan Province ranks 26th out of the 31 provinces in China according to ECI.

Estimated using exports data.

Discover Economic Complexity

Export Opportunities by Relatedness

#permalink to section

The top export opportunities according to the relatedness level, without considering those products were Hainan Province already has a comparative advantage, are led by Crustaceans (0.072), Non-fillet Fresh Fish (0.066), Pepper (0.065), Legumes (0.063), and Tropical Fruits (0.063).

Most Complex Products by PCI

#permalink to section

The highest complexity exports of Hainan Province according to the product complexity index (PCI) are Other Organo-Inorganic Compounds (1.4), Carboxyimide Compounds (1.39), Large Flat-Rolled Stainless Steel (1.08), Cathode Tubes (1.07), and Antibiotics (0.95). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

#permalink to section

The most specialized products according to the RCA index are led by Glass Balls (74.2), Kaolin Coated Paper (44.3), Live Fish (42.1), Polyacetals (31.4), and Fish Fillets (29.2).

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 Hainan 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

#permalink to section

This network shows the products most related to the production structure of  Hainan Province. These are products that tend to be co-exported with the products that Hainan Province exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

#permalink to section
Depth
Filter

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.