Jiangsu Province

Province in China

2019
Economic
Complexity
: 0.35, Rank 3 of 31

Dec 2020
Trade
Exports | Imports
: $41.7B | $24B, 2 of 31 | 4 of 31

Dec 2020
Country
Destination | Origin
: United States | South Korea , $7.4B  | $3.75B

Dec 2020
Product
Exports | Imports
: Computers | Integrated Circuits , $3.88B  | $5.68B

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

Exports: In 2020, China's Jiangsu Province exported $342B, making it the 2nd largest exporter out of the 31 exporters in China. In 2020 the top exports of Jiangsu Province were Automatic data processing machines: portable, weighing... ($26B), Telephones for cellular networks or for... ($12.7B), Electronic integrated circuits: memories ($11.8B), Photosensitive/photovoltaic/LED semiconductor devices ($7.13B), and Communication apparatus (excluding telephone sets or... ($6.94B).

Imports: In 2020, China's Jiangsu Province imported $237B, making it the 4th largest importer out of the 31 importers in China. In 2020 top imports of Jiangsu Province were Electronic integrated circuits: processors and controllers,... ($22.6B), Electronic integrated circuits: memories ($22.3B), Electronic integrated circuits: n.e.c. in heading... ($12B), Iron ore, concentrate, not iron pyrites,unagglomerate ($9.62B), and Soya beans: other than seed, whether... ($7.44B).

Economic Complexity: In 2019, the highest complexity exports of Jiangsu Province according to the product complexity index (PCI) are Artificial Textile Machinery (2.06), Disc Chemicals for Electronics (2.01), Other Esters (1.96), Photographic Film (1.85), and Silicone (1.75). 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 Jiangsu 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, $76.7B

Top Product (2020): Automatic data processing machines: portable, weighing..., $26B

In 2020 the top export destinations of Jiangsu Province were United States ($76.7B), Japan ($25.8B), South Korea ($23.3B), Netherlands ($15B), and Vietnam ($12.9B).

In 2020 the top exports of Jiangsu Province were Automatic data processing machines: portable, weighing... ($26B), Telephones for cellular networks or for... ($12.7B), Electronic integrated circuits: memories ($11.8B), Photosensitive/photovoltaic/LED semiconductor devices ($7.13B), and Communication apparatus (excluding telephone sets or... ($6.94B).

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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): South Korea, $42.6B

Top Import (2020): Electronic integrated circuits: processors and controllers,..., $22.6B

In 2020 the top import origins of Jiangsu Province were South Korea ($42.6B), Taiwan ($36.7B), Japan ($27.1B), United States ($14.1B), and China ($12.5B).

In 2020 the top imports of Jiangsu Province were Electronic integrated circuits: processors and controllers,... ($22.6B), Electronic integrated circuits: memories ($22.3B), Electronic integrated circuits: n.e.c. in heading... ($12B), Iron ore, concentrate, not iron pyrites,unagglomerate ($9.62B), and Soya beans: other than seed, whether... ($7.44B).

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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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Jiangsu Province ranks 3rd 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 Jiangsu Province already has a comparative advantage, are led by Portable Lighting (0.56), Glass with Edge Workings (0.54), Cinnamon (0.53), Children's Picture Books (0.52), and Cast or Rolled Glass (0.52).

Most Complex Products by PCI

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The highest complexity exports of Jiangsu Province according to the product complexity index (PCI) are Artificial Textile Machinery (2.06), Disc Chemicals for Electronics (2.01), Other Esters (1.96), Photographic Film (1.85), and Silicone (1.75). 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 Motor-working Tools (24.1), Railway Cargo Containers (16.9), Pile Fabric (15.7), Blankets (12.7), and Plastic Floor Coverings (12.3).

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