Henan Province

Province in China

2019
Economic
Complexity
: 0.0082, Rank 22 of 31

Dec 2020
Trade
Exports | Imports
: $8.51B | $5.37B, 7 of 31 | 9 of 31

Dec 2020
Country
Destination | Origin
: United States | Taiwan , $3.19B  | $1.54B

Dec 2020
Product
Exports | Imports
: Telephones | Integrated Circuits , $5.36B  | $2.27B

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

Exports: In 2020, China's Henan Province exported $56.7B, making it the 9th largest exporter out of the 31 exporters in China. In 2020 the top exports of Henan Province were Telephones for cellular networks or for... ($33.2B), Commodities not specified according to kind ($2.77B), Aluminium alloy rectangular plate/sheet/strip,t >0.2m ($789M), Telephone sets and other apparatus for... ($696M), and Wigs, false beards, eyebrows etc, of... ($684M).

Imports: In 2020, China's Henan Province imported $36.7B, making it the 11th largest importer out of the 31 importers in China. In 2020 top imports of Henan Province were Electronic integrated circuits: processors and controllers,... ($8.47B), Parts for radio/tv transmit/receive equipment, nes ($4.6B), Telephone sets and other apparatus for... ($3.37B), Electronic integrated circuits: memories ($2.18B), and Electronic integrated circuits: amplifiers ($2.08B).

Economic Complexity: In 2019, the highest complexity exports of Henan Province according to the product complexity index (PCI) are Artificial Textile Machinery (2.06), Disc Chemicals for Electronics (2.01), Tool Plates (1.93), Halides (1.79), and Glass with Edge Workings (1.78). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

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Flow
Value
Reference Period

This section shows the differences between Henan Province's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit China's country profile.

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Yearly Exports

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Top Destination (2020): United States, $18.8B

Top Product (2020): Telephones for cellular networks or for..., $33.2B

In 2020 the top export destinations of Henan Province were United States ($18.8B), Netherlands ($4.45B), Japan ($3.09B), United Kingdom ($2.59B), and Germany ($2.21B).

In 2020 the top exports of Henan Province were Telephones for cellular networks or for... ($33.2B), Commodities not specified according to kind ($2.77B), Aluminium alloy rectangular plate/sheet/strip,t >0.2m ($789M), Telephone sets and other apparatus for... ($696M), and Wigs, false beards, eyebrows etc, of... ($684M).

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Exports Dynamics

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Fastest Growing Exports Destination (Dec 2019 - Dec 2020)

Rapidly Declining Export Origins (Dec 2019 - Dec 2020)

Yearly Imports

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Depth

Top Origin (2020): Taiwan, $9.59B

Top Import (2020): Electronic integrated circuits: processors and controllers,..., $8.47B

In 2020 the top import origins of Henan Province were Taiwan ($9.59B), Vietnam ($5.93B), South Korea ($5.31B), China ($2.95B), and Mexico ($1.62B).

In 2020 the top imports of Henan Province were Electronic integrated circuits: processors and controllers,... ($8.47B), Parts for radio/tv transmit/receive equipment, nes ($4.6B), Telephone sets and other apparatus for... ($3.37B), Electronic integrated circuits: memories ($2.18B), and Electronic integrated circuits: amplifiers ($2.08B).

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Imports Dynamics

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Fastest Growing Import Origins (Dec 2019 - Dec 2020)

Rapidly Declining Import Origins (Dec 2019 - Dec 2020)

Economic Complexity

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Economic Complexity of China

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Henan Province ranks 22nd out of the 31 provinces 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 Henan Province already has a comparative advantage, are led by Vacuum Flask (0.21), Cinnamon (0.21), Wrenches (0.2), Combs (0.2), and Carboxyamide Compounds (0.2).

Most Complex Products by PCI

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The highest complexity exports of Henan Province according to the product complexity index (PCI) are Artificial Textile Machinery (2.06), Disc Chemicals for Electronics (2.01), Tool Plates (1.93), Halides (1.79), and Glass with Edge Workings (1.78). 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 (178), Processed Mushrooms (107), Telephones (83.9), Dried Vegetables (61.8), and Non-Retail Artificial Filament Yarn (49).

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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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.