Overview This page contains the latest international trade data for Hebei Province. In April 2023 Hebei Province was the number 18 in total exports and the number 15 in total imports in China.

Exports In 2022, China's Hebei Province exported $51.2B, making it the 18th largest exporter out of the 31 exporters in China. In 2022 the top exports of Hebei Province were Wheels including parts/accessories for motor vehicles ($1.61B), Photovoltaic cells assembled in modules or... ($853M), Medium Sized Cars ($818M), Small Sized Cars ($803M), and Articles of apparel & clothing accessories... ($693M).

Imports In 2022, China's Hebei Province imported $33.4B, making it the 15th largest importer out of the 31 importers in China. In 2022 top imports of Hebei Province were Iron ore, concentrate, not iron pyrites,unagglomerate ($12.7B), Soya beans: other than seed, whether... ($4.68B), Natural gas, liquefied ($3.59B), Petroleum oils, oils from bituminous minerals,... ($1.67B), and Bituminous coal, not agglomerated ($728M).

Economic Complexity In 2022, the highest complexity exports of Hebei Province according to the product complexity index (PCI) are Pitch Coke (0.71), Unprocessed Artificial Staple Fibers (0.58), Vegetable or Animal Dyes (0.31), Vegetable Alkaloids (0.17), Iron Cloth (0.072), Furskin Apparel (-0.19), Non-Retail Animal Hair Yarn (-0.25), Prepared Wool or Animal Hair (-0.81), and Cyanides (-0.81). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

#permalink to section

Yearly Exports

#permalink to section
Color
Depth

Top Destination (2022): United States, $6.57B

Top Product (2022): Wheels including parts/accessories for motor vehicles, $1.61B

In 2022 the top export destinations of Hebei Province were United States ($6.57B), South Korea ($3.02B), Russia ($2.22B), India ($2.01B), and Vietnam ($1.81B).

In 2022 the top exports of Hebei Province were Wheels including parts/accessories for motor vehicles ($1.61B), Photovoltaic cells assembled in modules or... ($853M), Medium Sized Cars ($818M), Small Sized Cars ($803M), and Articles of apparel & clothing accessories... ($693M).

Explore Visualizations

Exports Dynamics

#permalink to section

Fastest Growing Exports Destination (Apr 2022 - Apr 2023)

Rapidly Declining Export Origins (Apr 2022 - Apr 2023)

Yearly Imports

#permalink to section
Color
Depth

Top Origin (2022): Australia, $9.76B

Top Import (2022): Iron ore, concentrate, not iron pyrites,unagglomerate, $12.7B

In 2022 the top import origins of Hebei Province were Australia ($9.76B), Brazil ($5.22B), United States ($2.81B), Russia ($2.27B), and Qatar ($1.91B).

In 2022 the top imports of Hebei Province were Iron ore, concentrate, not iron pyrites,unagglomerate ($12.7B), Soya beans: other than seed, whether... ($4.68B), Natural gas, liquefied ($3.59B), Petroleum oils, oils from bituminous minerals,... ($1.67B), and Bituminous coal, not agglomerated ($728M).

Explore Visualizations

Imports Dynamics

#permalink to section

Fastest Growing Import Origins (Apr 2022 - Apr 2023)

Rapidly Declining Import Origins (Apr 2022 - Apr 2023)

Economic Complexity

#permalink to section

Economic Complexity of Hebei Province

#permalink to section
View

Economic Complexity (2022): 0.14

Hebei Province ranks 15th 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.

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 Wrenches (0.46), Artificial Textile Machinery (0.45), Cast or Rolled Glass (0.45), Eyewear Frames (0.44), and Knitting Machines (0.44).

Most Complex Products by PCI

#permalink to section

The highest complexity exports of Hebei Province according to the product complexity index (PCI) are Pitch Coke (0.71), Unprocessed Artificial Staple Fibers (0.58), Vegetable or Animal Dyes (0.31), Vegetable Alkaloids (0.17), Iron Cloth (0.072), Furskin Apparel (-0.19), Non-Retail Animal Hair Yarn (-0.25), Prepared Wool or Animal Hair (-0.81), and Cyanides (-0.81). 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 (173.7), Non-Retail Animal Hair Yarn (91.7), Prepared Wool or Animal Hair (90.8), Pitch Coke (83.8), and Cyanides (73.7).

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. Bubble size corresponds to exports value by year 2020.