Inner Mongolia Autonomous Region

Province in China

2019
Economic
Complexity
: -0.086, Rank 30 of 31

Dec 2020
Trade
Exports | Imports
: $512M | $964M, 26 of 31 | 25 of 31

Dec 2020
Country
Destination | Origin
: Singapore | Mongolia , $44.8M  | $343M

Dec 2020
Product
Exports | Imports
: Oxygen Amino Compounds | Copper Ore , $52.2M  | $259M

Overview: This page contains the latest international trade data for Inner Mongolia Autonomous Region, including export and import data.

Exports: In 2020, China's Inner Mongolia Autonomous Region exported $4.63B, making it the 23rd largest exporter out of the 31 exporters in China. In 2020 the top exports of Inner Mongolia Autonomous Region were Sunflower seeds ($402M), Glutamic acid, salts ($352M), Flat rolled iron or non-alloy steel,... ($284M), Amino-alcohol-phenols etc with oxygen function ($255M), and Quinones; coenzyme Q10 (ubidecarenone (INN)) ($167M).

Imports: In 2020, China's Inner Mongolia Autonomous Region imported $9.57B, making it the 23rd largest importer out of the 31 importers in China. In 2020 top imports of Inner Mongolia Autonomous Region were Bituminous coal, not agglomerated ($1.83B), Copper ores and concentrates ($1.78B), Iron ore, concentrate, not iron pyrites,unagglomerate ($1.16B), Wood; coniferous species, of pine (Pinus... ($629M), and Petroleum oils, oils from bituminous minerals,... ($553M).

Economic Complexity: In 2019, the highest complexity exports of Inner Mongolia Autonomous Region according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.01), Silicone (1.75), Flat Flat-Rolled Steel (1.46), Nickel Sheets (1.44), and Tungsten (1.43). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

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Value
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This section shows the differences between Inner Mongolia Autonomous Region'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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Depth

Top Destination (2020): United States, $423M

Top Product (2020): Sunflower seeds, $402M

In 2020 the top export destinations of Inner Mongolia Autonomous Region were United States ($423M), Russia ($401M), Mongolia ($375M), South Korea ($287M), and Thailand ($251M).

In 2020 the top exports of Inner Mongolia Autonomous Region were Sunflower seeds ($402M), Glutamic acid, salts ($352M), Flat rolled iron or non-alloy steel,... ($284M), Amino-alcohol-phenols etc with oxygen function ($255M), and Quinones; coenzyme Q10 (ubidecarenone (INN)) ($167M).

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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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Value
Depth

Top Origin (2020): Mongolia, $3.56B

Top Import (2020): Bituminous coal, not agglomerated, $1.83B

In 2020 the top import origins of Inner Mongolia Autonomous Region were Mongolia ($3.56B), Russia ($2.12B), Australia ($949M), New Zealand ($315M), and United States ($290M).

In 2020 the top imports of Inner Mongolia Autonomous Region were Bituminous coal, not agglomerated ($1.83B), Copper ores and concentrates ($1.78B), Iron ore, concentrate, not iron pyrites,unagglomerate ($1.16B), Wood; coniferous species, of pine (Pinus... ($629M), and Petroleum oils, oils from bituminous minerals,... ($553M).

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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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Inner Mongolia Autonomous Region ranks 30th 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 Inner Mongolia Autonomous Region already has a comparative advantage, are led by Umbrellas (0.18), Portable Lighting (0.18), Woven Fabrics (0.18), Woven Fabric of Synthetic Staple Fibers (0.18), and Other Carpets (0.18).

Most Complex Products by PCI

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The highest complexity exports of Inner Mongolia Autonomous Region according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.01), Silicone (1.75), Flat Flat-Rolled Steel (1.46), Nickel Sheets (1.44), and Tungsten (1.43). 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 Non-Retail Animal Hair Yarn (423), Sunflower Seeds (296), Alkaline Metals (290), Locust beans, seaweed, sugar beet, cane,... (187), and Natural Polymers (142).

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 Inner Mongolia Autonomous Region 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  Inner Mongolia Autonomous Region. These are products that tend to be co-exported with the products that Inner Mongolia Autonomous Region 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.