Hebei Province

Province in China

2019
Economic
Complexity
: 0.17, Rank 13 of 31

Dec 2020
Trade
Exports | Imports
: $4.19B | $2.76B, 16 of 31 | 15 of 31

Dec 2020
Country
Destination | Origin
: United States | Australia , $551M  | $994M

Dec 2020
Product
Exports | Imports
: Furskin Apparel | Iron Ore , $359M  | $1.35B

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

Exports: In 2020, China's Hebei Province exported $35.5B, making it the 16th largest exporter out of the 31 exporters in China. In 2020 the top exports of Hebei Province were Articles of apparel & clothing accessories... ($1.45B), Wheels including parts/accessories for motor vehicles ($945M), Plastic apparel and clothing accessories ($855M), Made up articles (textile) nes, textile... ($690M), and Photosensitive/photovoltaic/LED semiconductor devices ($663M).

Imports: In 2020, China's Hebei Province imported $27.1B, making it the 15th largest importer out of the 31 importers in China. In 2020 top imports of Hebei Province were Iron ore, concentrate, not iron pyrites,unagglomerate ($13.1B), Soya beans: other than seed, whether... ($2.88B), Bituminous coal, not agglomerated ($1.19B), Petroleum oils, oils from bituminous minerals,... ($930M), and Natural gas, liquefied ($860M).

Economic Complexity: In 2019, the highest complexity exports of Hebei Province according to the product complexity index (PCI) are Artificial Textile Machinery (2.06), Halides (1.79), Hand Saws (1.68), Flat Flat-Rolled Steel (1.46), and Papermaking Machines (1.46). 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 Hebei 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): United States, $5.2B

Top Product (2020): Articles of apparel & clothing accessories..., $1.45B

In 2020 the top export destinations of Hebei Province were United States ($5.2B), Russia ($2.33B), South Korea ($1.94B), Japan ($1.43B), and India ($1.27B).

In 2020 the top exports of Hebei Province were Articles of apparel & clothing accessories... ($1.45B), Wheels including parts/accessories for motor vehicles ($945M), Plastic apparel and clothing accessories ($855M), Made up articles (textile) nes, textile... ($690M), and Photosensitive/photovoltaic/LED semiconductor devices ($663M).

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): Australia, $10.8B

Top Import (2020): Iron ore, concentrate, not iron pyrites,unagglomerate, $13.1B

In 2020 the top import origins of Hebei Province were Australia ($10.8B), Brazil ($4.88B), United States ($1.16B), Malaysia ($1.02B), and India ($761M).

In 2020 the top imports of Hebei Province were Iron ore, concentrate, not iron pyrites,unagglomerate ($13.1B), Soya beans: other than seed, whether... ($2.88B), Bituminous coal, not agglomerated ($1.19B), Petroleum oils, oils from bituminous minerals,... ($930M), and Natural gas, liquefied ($860M).

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

Hebei Province ranks 13th 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 Hebei Province already has a comparative advantage, are led by Umbrellas (0.43), Scissors (0.4), Textile Fiber Machinery (0.4), Portable Lighting (0.4), and Other Cutlery (0.39).

Most Complex Products by PCI

#permalink to section

The highest complexity exports of Hebei Province according to the product complexity index (PCI) are Artificial Textile Machinery (2.06), Halides (1.79), Hand Saws (1.68), Flat Flat-Rolled Steel (1.46), and Papermaking Machines (1.46). 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 Furskin Apparel (641), Non-Retail Animal Hair Yarn (86.7), Cyanides (81.2), Unprocessed Artificial Staple Fibers (47.9), and Iron Cloth (42.5).

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 Hebei 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  Hebei Province. These are products that tend to be co-exported with the products that Hebei 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.