Hainan Province

Province in China

Exports (2019): $4.47B, Rnk 26/31

Top Destination (2019): $723M, Singapore

Top Export (2019): $1.45B, Light petroleum distillates nes

Imports (2019): $8.35B, Rnk 25/31

Top Origin (2019): $1.79B, United States

Top Import (2019): $1.22B, Fixed wing aircraft, unladen weight >...

Economic Complexity (2019): -0.17, Rnk 30 / 31

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

Exports: In 2019, China's Hainan Province exported $4.47B, making it the 26th largest exporter out of the 31 exporters in China. In 2019 the top exports of Hainan Province were Light petroleum distillates nes ($1.45B), Petroleum spirit for motor vehicles ($682M), Fixed wing aircraft, unladen weight >... ($463M), Poly(ethylene terephthalate); in primary forms, having... ($434M), and Paper, fine, wood containing clay coated,... ($262M).

Imports: In 2019, China's Hainan Province imported $8.35B, making it the 25th largest importer out of the 31 importers in China. In 2019 top imports of Hainan Province were Fixed wing aircraft, unladen weight >... ($1.22B), Beauty, makeup and suntan preparations nes ($907M), P-xylene ($509M), Wood in chips, non-coniferous ($501M), and Natural gas, liquefied ($473M).

Economic Complexity: In 2019, the highest complexity exports of Hainan Province according to the product complexity index (PCI) are Carboxyimide Compounds (1.59), Titanium Oxides (1.32), Other Organo-Inorganic Compounds (1.25), Vitamins (1.21), and Hydrazine or Hydroxylamine Derivatives (1.02). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Top Destination (2019): Singapore, $723M

Top Product (2019): Light petroleum distillates nes, $1.45B

In 2019 the top export destinations of Hainan Province were Singapore ($723M), Philippines ($660M), Australia ($498M), Vietnam ($495M), and United States ($394M).

In 2019 the top exports of Hainan Province were Light petroleum distillates nes ($1.45B), Petroleum spirit for motor vehicles ($682M), Fixed wing aircraft, unladen weight >... ($463M), Poly(ethylene terephthalate); in primary forms, having... ($434M), and Paper, fine, wood containing clay coated,... ($262M).

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Export Dynamics

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Fastest Growing Exports Destination (July 2019 - July 2020)

Rapidly Declining Export Origins (July 2019 - July 2020)

Yearly Imports

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Top Origin (2019): United States, $1.79B

Top Import (2019): Fixed wing aircraft, unladen weight >..., $1.22B

In 2019 the top import origins of Hainan Province were United States ($1.79B), France ($698M), Russia ($488M), Australia ($485M), and Vietnam ($396M).

In 2019 the top imports of Hainan Province were Fixed wing aircraft, unladen weight >... ($1.22B), Beauty, makeup and suntan preparations nes ($907M), P-xylene ($509M), Wood in chips, non-coniferous ($501M), and Natural gas, liquefied ($473M).

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Import Dynamics

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Fastest Growing Import Origins (July 2019 - July 2020)

Rapidly Declining Import Origins (July 2019 - July 2020)

Comparison in Time

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

This section shows forecasts for total exports and imports from Hainan Province. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

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Economic Complexity

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Economic Complexity of China

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Hainan Province ranks 30th out of the 31 territories in China according to ECI.

Estimated using exports data.

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Export Opportunities by Relatedness

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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 (0.073), Nitrogen Heterocyclic Compounds (0.065), Tropical Fruits (0.062), Oxygen Amino Compounds (0.062), and Non-fillet Fresh Fish (0.062).

Most Complex Products by PCI

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The highest complexity exports of Hainan Province according to the product complexity index (PCI) are Carboxyimide Compounds (1.59), Titanium Oxides (1.32), Other Organo-Inorganic Compounds (1.25), Vitamins (1.21), and Hydrazine or Hydroxylamine Derivatives (1.02). 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 Glass Balls (55.9), Kaolin Coated Paper (42.2), Live Fish (42), Fish Fillets (29.9), and Polyacetals (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

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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

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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.