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Overview This page contains the latest international trade data for Jiangsu Province. In April 2024 Jiangsu Province was the number 3 in total exports and the number 4 in total imports in China.

Exports In 2023, China's Jiangsu Province exported $524B, making it the 3rd largest exporter out of the 31 exporters in China. In 2023 the top exports of Jiangsu Province were Smartphones ($31B), Portable Computers under 10kg with Keyboard... ($19.5B), Electronic integrated circuits: memories ($14.2B), Electric accumulators: lithium-ion, including separators, whether... ($13B), and Photosensitive devices; assembled photovoltaic modules/panels ($12.1B).

Imports In 2023, China's Jiangsu Province imported $296B, making it the 4th largest importer out of the 31 importers in China. In 2023 top imports of Jiangsu Province were Electronic integrated circuits: processors and controllers,... ($25B), Electronic integrated circuits: memories ($14.6B), Electronic integrated circuits: n.e.c. in heading... ($13.8B), Soya beans: other than seed, whether... ($12.2B), and Iron ore, concentrate, not iron pyrites,unagglomerate ($10.2B).

Economic Complexity In 2023, the highest complexity exports of Jiangsu Province according to the product complexity index (PCI) are Metalworking Machines (2.24), Artificial Textile Machinery (2.15), Photographic Film (2.13), Disc Chemicals for Electronics (2.11), Other Esters (2.07), Non-Mechanical Removal Machinery (1.95), Phosphoric Esters and Salts (1.91), Iron Fasteners (1.83), Rubberworking Machinery (1.83), and Metal Lathes (1.82). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

Yearly Exports

Color
Depth
Top Destination (2023)United States$79.9B
Top Product (2023)Smartphones$31B

In 2023 the top export destinations of Jiangsu Province were United States ($79.9B), South Korea ($32.9B), Japan ($29.4B), Hong Kong ($22.6B), and Vietnam ($21B).

In 2023 the top exports of Jiangsu Province were Smartphones ($31B), Portable Computers under 10kg with Keyboard... ($19.5B), Electronic integrated circuits: memories ($14.2B), Electric accumulators: lithium-ion, including separators, whether... ($13B), and Photosensitive devices; assembled photovoltaic modules/panels ($12.1B).

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Exports Dynamics

Fastest Growing Exports Destination (Apr 2023 - Apr 2024)
United States $424M (6.74%)
Hong Kong $315M (18.1%)
Vietnam $265M (15.7%)
Rapidly Declining Export Origins (Apr 2023 - Apr 2024)
Netherlands -$396M (-22.3%)
Germany -$217M (-14.3%)
Russia -$212M (-25.6%)

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Yearly Imports

Color
Depth

In 2023 the top import origins of Jiangsu Province were South Korea ($39.4B), Chinese Taipei ($35.3B), Japan ($26.3B), United States ($17.8B), and Vietnam ($14.1B).

In 2023 the top imports of Jiangsu Province were Electronic integrated circuits: processors and controllers,... ($25B), Electronic integrated circuits: memories ($14.6B), Electronic integrated circuits: n.e.c. in heading... ($13.8B), Soya beans: other than seed, whether... ($12.2B), and Iron ore, concentrate, not iron pyrites,unagglomerate ($10.2B).

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Imports Dynamics

Fastest Growing Import Origins (Apr 2023 - Apr 2024)
Chinese Taipei $1.05B (43.1%)
South Korea $654M (22.2%)
Vietnam $615M (101%)
Rapidly Declining Import Origins (Apr 2023 - Apr 2024)
Brazil -$915M (-62.9%)
China -$295M (-27.1%)
Philippines -$97.5M (-36.6%)

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Economic Complexity

Economic Complexity of Jiangsu Province

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Economic Complexity (2023)0.37

Jiangsu Province ranks 3rd out of the 31 provinces in China according to ECI.

The Economic Complexity Index, or ECI, is a measure of an economy’s capacity which can be inferred from data connecting locations to the activities that are present in them. For more info about Economic Complexity, visit the Economic Complexity page.

Estimated using exports data.

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Export Opportunities by Relatedness

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 (0.54), Cast or Rolled Glass (0.52), Children's Picture Books (0.5), Other Clocks (0.5), and Rubber Apparel (0.5).

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Most Complex Products by PCI

The highest complexity exports of Jiangsu Province according to the product complexity index (PCI) are Metalworking Machines (2.24), Artificial Textile Machinery (2.15), Photographic Film (2.13), Disc Chemicals for Electronics (2.11), Other Esters (2.07), Non-Mechanical Removal Machinery (1.95), Phosphoric Esters and Salts (1.91), Iron Fasteners (1.83), Rubberworking Machinery (1.83), and Metal Lathes (1.82). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

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Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Flat panel displays (236.27), Other Inorganic Acids Salts (36.42), Railway Cargo Containers (17.95), Motor-working Tools (16.91), and Telephones (15.86).

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Product Space

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.

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Relatedness Space

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.

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Diversification Frontier

Depth
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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. Bubble size corresponds to exports value by year 2020.

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