Henan Province

Province in China

Exports (2019): $47.5B, Rnk 10/31

Top Destination (2019): $15B, United States

Top Export (2019): $27.4B, Telephones for cellular networks or for...

Imports (2019): $28B, Rnk 13/31

Top Origin (2019): $6.1B, Taiwan

Top Import (2019): $6.14B, Electronic integrated circuits: processors and controllers,...

Economic Complexity (2019): 0.059, Rnk 20 / 31

Exports: In 2019, China's Henan Province exported $47.5B, making it the 10th largest exporter out of the 31 exporters in China. In 2019 the top exports of Henan Province were Telephones for cellular networks or for... ($27.4B), Wigs, false beards, eyebrows etc, of... ($951M), Aluminium alloy rectangular plate/sheet/strip,t >0.2m ($769M), Telephone sets and other apparatus for... ($734M), and Commodities not specified according to kind ($584M).

Imports: In 2019, China's Henan Province imported $28B, making it the 13th largest importer out of the 31 importers in China. In 2019 top imports of Henan Province were Electronic integrated circuits: processors and controllers,... ($6.14B), Parts for radio/tv transmit/receive equipment, nes ($3.03B), Copper ores and concentrates ($1.91B), Electronic integrated circuits: memories ($1.63B), and Telephone sets and other apparatus for... ($1.54B).

Economic Complexity: In 2019, the highest complexity exports of Henan Province according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.16), Cermets (2.02), Tool Plates (1.95), Glass with Edge Workings (1.88), and Halides (1.77). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Value
Depth

Top Destination (2019): United States, $15B

Top Product (2019): Telephones for cellular networks or for..., $27.4B

In 2019 the top export destinations of Henan Province were United States ($15B), Netherlands ($3.12B), Japan ($2.88B), United Kingdom ($1.96B), and South Korea ($1.92B).

In 2019 the top exports of Henan Province were Telephones for cellular networks or for... ($27.4B), Wigs, false beards, eyebrows etc, of... ($951M), Aluminium alloy rectangular plate/sheet/strip,t >0.2m ($769M), Telephone sets and other apparatus for... ($734M), and Commodities not specified according to kind ($584M).

Export Dynamics

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Fastest Growing Exports Destination (April 2019 - April 2020)

Rapidly Declining Export Origins (April 2019 - April 2020)

Value
Depth

Top Origin (2019): Taiwan, $6.1B

Top Import (2019): Electronic integrated circuits: processors and controllers,..., $6.14B

In 2019 the top import origins of Henan Province were Taiwan ($6.1B), Vietnam ($3.88B), South Korea ($3.46B), China ($2.57B), and Australia ($1.44B).

In 2019 the top imports of Henan Province were Electronic integrated circuits: processors and controllers,... ($6.14B), Parts for radio/tv transmit/receive equipment, nes ($3.03B), Copper ores and concentrates ($1.91B), Electronic integrated circuits: memories ($1.63B), and Telephone sets and other apparatus for... ($1.54B).

Import Dynamics

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Fastest Growing Import Origins (April 2019 - April 2020)

Rapidly Declining Import Origins (April 2019 - April 2020)

Comparison in Time

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Flow
Value

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

Comparison Map

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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 Henan Province. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

Explore Forecasts

Economic Complexity

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Economic Complexity of China

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Henan Province ranks 20th out of the 31 territories in China according to ECI.

Estimated using exports data.

Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Henan Province already has a comparative advantage, are led by Vacuum Flask (0.22), Oxometallic or Peroxometallic Acid Salts (0.21), Cinnamon (0.21), Combs (0.21), and Slate (0.21).

Most Complex Products by PCI

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The highest complexity exports of Henan Province according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.16), Cermets (2.02), Tool Plates (1.95), Glass with Edge Workings (1.88), 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 Fake Hair (170), Processed Mushrooms (106), Telephones (83.1), Dried Vegetables (49.8), and Non-Retail Artificial Filament Yarn (45.3).

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