Heilongjiang Province

Province in China

Exports (2019): $4.73B, Rnk 25/31

Top Destination (2019): $1.45B, Russia

Top Export (2019): $360M, Commodities not specified according to kind

Imports (2019): $22B, Rnk 17/31

Top Origin (2019): $17B, Russia

Top Import (2019): $15.5B, Petroleum oils, oils from bituminous minerals,...

Economic Complexity (2019): -0.07, Rnk 25 / 31

Exports: In 2019, China's Heilongjiang Province exported $4.73B, making it the 25th largest exporter out of the 31 exporters in China. In 2019 the top exports of Heilongjiang Province were Commodities not specified according to kind ($360M), Medium Sized Cars ($156M), Other vegetable products (chicory roots, tuber... ($122M), Medium Diesel Engine Cars ($107M), and Aircraft parts nes ($98.6M).

Imports: In 2019, China's Heilongjiang Province imported $22B, making it the 17th largest importer out of the 31 importers in China. In 2019 top imports of Heilongjiang Province were Petroleum oils, oils from bituminous minerals,... ($15.5B), Soya beans: other than seed, whether... ($837M), Iron ore, concentrate, not iron pyrites,unagglomerate ($492M), Bituminous coal, not agglomerated ($382M), and Sheep cuts, bone in, frozen ($324M).

Economic Complexity: In 2019, the highest complexity exports of Heilongjiang Province according to the product complexity index (PCI) are Electric Soldering Equipment (1.79), Polymer Ion-Exchangers (1.68), Rubberworking Machinery (1.52), Transmissions (1.52), and Metalworking Machine Parts (1.49). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Value
Depth

Top Destination (2019): Russia, $1.45B

Top Product (2019): Commodities not specified according to kind, $360M

In 2019 the top export destinations of Heilongjiang Province were Russia ($1.45B), United States ($262M), South Korea ($216M), United Arab Emirates ($195M), and Germany ($191M).

In 2019 the top exports of Heilongjiang Province were Commodities not specified according to kind ($360M), Medium Sized Cars ($156M), Other vegetable products (chicory roots, tuber... ($122M), Medium Diesel Engine Cars ($107M), and Aircraft parts nes ($98.6M).

Export Dynamics

#permalink to section

Fastest Growing Exports Destination (April 2019 - April 2020)

Rapidly Declining Export Origins (April 2019 - April 2020)

Value
Depth

Top Origin (2019): Russia, $17B

Top Import (2019): Petroleum oils, oils from bituminous minerals,..., $15.5B

In 2019 the top import origins of Heilongjiang Province were Russia ($17B), Saudi Arabia ($877M), Brazil ($731M), New Zealand ($382M), and Australia ($332M).

In 2019 the top imports of Heilongjiang Province were Petroleum oils, oils from bituminous minerals,... ($15.5B), Soya beans: other than seed, whether... ($837M), Iron ore, concentrate, not iron pyrites,unagglomerate ($492M), Bituminous coal, not agglomerated ($382M), and Sheep cuts, bone in, frozen ($324M).

Import Dynamics

#permalink to section

Fastest Growing Import Origins (April 2019 - April 2020)

Rapidly Declining Import Origins (April 2019 - April 2020)

Comparison in Time

#permalink to section
Flow
Value

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

Comparison Map

#permalink to section
Value

The territories of China with the highest exports in 2019 were Guangdong Province ($444B), Jiangsu Province ($347B), Zhejiang Province ($314B), Shanghai Province ($176B), and Shandong Province ($153B)

The territories of China with the highest imports in 2019 were Guangdong Province ($373B), Beijing ($293B), Shanghai Province ($288B), Jiangsu Province ($223B), and Shandong Province ($133B)

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

Explore Forecasts

Economic Complexity

#permalink to section

Economic Complexity of China

#permalink to section

Heilongjiang Province ranks 25th out of the 31 territories in China according to ECI.

Estimated using exports data.

Export Opportunities by Relatedness

#permalink to section

The top export opportunities according to the relatedness level, without considering those products were Heilongjiang Province already has a comparative advantage, are led by Other Cloth Articles (0.3), Knit Women's Undergarments (0.3), Knit Men's Undergarments (0.3), Knit Sweaters (0.3), and Fake Hair (0.29).

Most Complex Products by PCI

#permalink to section

The highest complexity exports of Heilongjiang Province according to the product complexity index (PCI) are Electric Soldering Equipment (1.79), Polymer Ion-Exchangers (1.68), Rubberworking Machinery (1.52), Transmissions (1.52), and Metalworking Machine Parts (1.49). 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 Locust beans, seaweed, sugar beet, cane,... (430), Flax Woven Fabric (183), Cigarette Paper (95.5), Wood Kitchenware (61.2), and Railway Freight Cars (55.1).

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 Heilongjiang 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  Heilongjiang Province. These are products that tend to be co-exported with the products that Heilongjiang 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
Filter
Depth

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.