Hebei Province

Province in China

Exports (2019): $32.2B, Rnk 15/31

Top Destination (2019): $4.36B, United States

Top Export (2019): $1.95B, Articles of apparel & clothing accessories...

Imports (2019): $23.4B, Rnk 15/31

Top Origin (2019): $8.87B, Australia

Top Import (2019): $10.3B, Iron ore, concentrate, not iron pyrites,unagglomerate

Economic Complexity (2019): 0.13, Rnk 12 / 31

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

Exports: In 2019, China's Hebei Province exported $32.2B, making it the 15th largest exporter out of the 31 exporters in China. In 2019 the top exports of Hebei Province were Articles of apparel & clothing accessories... ($1.95B), Wheels including parts/accessories for motor vehicles ($1.16B), Flat rolled iron or non-alloy steel,... ($773M), Photosensitive/photovoltaic/LED semiconductor devices ($611M), and Porcelain bathroom, kitchen & other sanitary... ($529M).

Imports: In 2019, China's Hebei Province imported $23.4B, making it the 15th largest importer out of the 31 importers in China. In 2019 top imports of Hebei Province were Iron ore, concentrate, not iron pyrites,unagglomerate ($10.3B), Soya beans: other than seed, whether... ($1.85B), Petroleum oils, oils from bituminous minerals,... ($1.78B), Bituminous coal, not agglomerated ($1.12B), and Iron ore, concentrate, not iron pyrites,... ($349M).

Economic Complexity: In 2019, the highest complexity exports of Hebei Province according to the product complexity index (PCI) are Photographic Chemicals (2.16), Disc Chemicals for Electronics (2.16), Glass with Edge Workings (1.88), Electric Soldering Equipment (1.79), and Halides (1.77). 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): United States, $4.36B

Top Product (2019): Articles of apparel & clothing accessories..., $1.95B

In 2019 the top export destinations of Hebei Province were United States ($4.36B), Russia ($2.7B), South Korea ($2.23B), Japan ($1.5B), and India ($1.35B).

In 2019 the top exports of Hebei Province were Articles of apparel & clothing accessories... ($1.95B), Wheels including parts/accessories for motor vehicles ($1.16B), Flat rolled iron or non-alloy steel,... ($773M), Photosensitive/photovoltaic/LED semiconductor devices ($611M), and Porcelain bathroom, kitchen & other sanitary... ($529M).

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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): Australia, $8.87B

Top Import (2019): Iron ore, concentrate, not iron pyrites,unagglomerate, $10.3B

In 2019 the top import origins of Hebei Province were Australia ($8.87B), Brazil ($3.66B), South Korea ($908M), United Arab Emirates ($875M), and Malaysia ($825M).

In 2019 the top imports of Hebei Province were Iron ore, concentrate, not iron pyrites,unagglomerate ($10.3B), Soya beans: other than seed, whether... ($1.85B), Petroleum oils, oils from bituminous minerals,... ($1.78B), Bituminous coal, not agglomerated ($1.12B), and Iron ore, concentrate, not iron pyrites,... ($349M).

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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 Hebei Province throughout time.

This section shows forecasts for total exports and imports from Hebei 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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Hebei Province ranks 12th 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 Hebei Province already has a comparative advantage, are led by Umbrellas (0.4), Scissors (0.4), Cinnamon (0.4), Children's Picture Books (0.39), and LCDs (0.39).

Most Complex Products by PCI

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The highest complexity exports of Hebei Province according to the product complexity index (PCI) are Photographic Chemicals (2.16), Disc Chemicals for Electronics (2.16), Glass with Edge Workings (1.88), Electric Soldering Equipment (1.79), and Halides (1.77). 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 Furskin Apparel (579), Non-Retail Animal Hair Yarn (89.3), Cyanides (87.1), Unprocessed Artificial Staple Fibers (47.2), and Iron Cloth (42.2).

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 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

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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

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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.