Liaoning Province

Province in China

Exports (2019): $41.8B, Rnk 11/31

Top Destination (2019): $8.5B, Japan

Top Export (2019): $4.51B, Electronic integrated circuits: memories

Imports (2019): $55.2B, Rnk 9/31

Top Origin (2019): $5.02B, Australia

Top Import (2019): $14.7B, Petroleum oils, oils from bituminous minerals,...

Economic Complexity (2019): 0.11, Rnk 15 / 31

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

Exports: In 2019, China's Liaoning Province exported $41.8B, making it the 11th largest exporter out of the 31 exporters in China. In 2019 the top exports of Liaoning Province were Electronic integrated circuits: memories ($4.51B), Structures and parts of structures, iron... ($734M), Hot rolled alloy-steel, not in coil... ($647M), Refractory bricks, etc with >50% Mg,... ($639M), and Hot rolled alloy-steel, coils width >600mm,... ($622M).

Imports: In 2019, China's Liaoning Province imported $55.2B, making it the 9th largest importer out of the 31 importers in China. In 2019 top imports of Liaoning Province were Petroleum oils, oils from bituminous minerals,... ($14.7B), Iron ore, concentrate, not iron pyrites,unagglomerate ($4.02B), Natural gas, liquefied ($3.83B), P-xylene ($2.48B), and Transmissions for motor vehicles ($1.46B).

Economic Complexity: In 2019, the highest complexity exports of Liaoning Province according to the product complexity index (PCI) are Tool Plates (1.95), Glass with Edge Workings (1.88), Halides (1.77), Hot-Rolled Stainless Steel Bars (1.73), and Non-Mechanical Removal Machinery (1.73). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Top Destination (2019): Japan, $8.5B

Top Product (2019): Electronic integrated circuits: memories, $4.51B

In 2019 the top export destinations of Liaoning Province were Japan ($8.5B), United States ($4.47B), South Korea ($4.44B), Taiwan ($2.72B), and Malaysia ($1.91B).

In 2019 the top exports of Liaoning Province were Electronic integrated circuits: memories ($4.51B), Structures and parts of structures, iron... ($734M), Hot rolled alloy-steel, not in coil... ($647M), Refractory bricks, etc with >50% Mg,... ($639M), and Hot rolled alloy-steel, coils width >600mm,... ($622M).

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Export Dynamics

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Fastest Growing Exports Destination (July 2019 - July 2020)

Rapidly Declining Export Origins (July 2019 - July 2020)

Yearly Imports

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Top Origin (2019): Australia, $5.02B

Top Import (2019): Petroleum oils, oils from bituminous minerals,..., $14.7B

In 2019 the top import origins of Liaoning Province were Australia ($5.02B), Germany ($4.6B), Japan ($4.35B), Saudi Arabia ($3.8B), and South Korea ($3.31B).

In 2019 the top imports of Liaoning Province were Petroleum oils, oils from bituminous minerals,... ($14.7B), Iron ore, concentrate, not iron pyrites,unagglomerate ($4.02B), Natural gas, liquefied ($3.83B), P-xylene ($2.48B), and Transmissions for motor vehicles ($1.46B).

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Import Dynamics

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Fastest Growing Import Origins (July 2019 - July 2020)

Rapidly Declining Import Origins (July 2019 - July 2020)

Comparison in Time

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

This section shows forecasts for total exports and imports from Liaoning Province. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

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Economic Complexity

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Economic Complexity of China

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Liaoning Province ranks 15th out of the 31 territories 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 Liaoning Province already has a comparative advantage, are led by LCDs (0.36), Cinnamon (0.35), Diazo, Azo or Aoxy Compounds (0.35), Vacuum Flask (0.35), and Wrenches (0.35).

Most Complex Products by PCI

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The highest complexity exports of Liaoning Province according to the product complexity index (PCI) are Tool Plates (1.95), Glass with Edge Workings (1.88), Halides (1.77), Hot-Rolled Stainless Steel Bars (1.73), and Non-Mechanical Removal Machinery (1.73). 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 Magnesium Carbonate (82.9), Refractory Bricks (68.1), Steel Bars (42.4), Petroleum Jelly (36.9), and Soapstone (36.6).

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