Overview This page contains the latest international trade data for Liaoning Province. In February 2023 Liaoning Province was the number 17 in total exports and the number 9 in total imports in China.

Exports In 2022, China's Liaoning Province exported $53.8B, making it the 17th largest exporter out of the 31 exporters in China. In 2022 the top exports of Liaoning Province were Electronic integrated circuits: memories ($3.27B), Floating, submersible drilling or production platform ($1.94B), Terephthalic acid, its salts ($1.32B), Electric motor Vehicles ($1.32B), and Cargo vessels other than tanker or... ($1.21B).

Imports In 2022, China's Liaoning Province imported $64.9B, making it the 9th largest importer out of the 31 importers in China. In 2022 top imports of Liaoning Province were Petroleum oils, oils from bituminous minerals,... ($18.8B), Iron ore, concentrate, not iron pyrites,unagglomerate ($5.31B), P-xylene ($2.72B), Soya beans: other than seed, whether... ($2.11B), and Transmissions for motor vehicles ($1.63B).

Economic Complexity In 2022, the highest complexity exports of Liaoning Province according to the product complexity index (PCI) are Sound Recordings (0.94), Polycarboxylic Acids (0.7), Refractory Bricks (0.53), Iron Sheet Piling (0.28), and Petroleum Jelly (-0.1). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

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Yearly Exports

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Top Destination (2022): Japan, $8.96B

Top Product (2022): Electronic integrated circuits: memories, $3.27B

In 2022 the top export destinations of Liaoning Province were Japan ($8.96B), United States ($5.25B), South Korea ($4.94B), Taiwan ($3.26B), and Singapore ($3.24B).

In 2022 the top exports of Liaoning Province were Electronic integrated circuits: memories ($3.27B), Floating, submersible drilling or production platform ($1.94B), Terephthalic acid, its salts ($1.32B), Electric motor Vehicles ($1.32B), and Cargo vessels other than tanker or... ($1.21B).

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Exports Dynamics

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Fastest Growing Exports Destination (Feb 2022 - Feb 2023)

Rapidly Declining Export Origins (Feb 2022 - Feb 2023)

Yearly Imports

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Top Origin (2022): Saudi Arabia, $8.56B

Top Import (2022): Petroleum oils, oils from bituminous minerals,..., $18.8B

In 2022 the top import origins of Liaoning Province were Saudi Arabia ($8.56B), Germany ($5.32B), United States ($4.89B), Japan ($4.74B), and United Arab Emirates ($4.29B).

In 2022 the top imports of Liaoning Province were Petroleum oils, oils from bituminous minerals,... ($18.8B), Iron ore, concentrate, not iron pyrites,unagglomerate ($5.31B), P-xylene ($2.72B), Soya beans: other than seed, whether... ($2.11B), and Transmissions for motor vehicles ($1.63B).

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Imports Dynamics

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Fastest Growing Import Origins (Feb 2022 - Feb 2023)

Rapidly Declining Import Origins (Feb 2022 - Feb 2023)

Economic Complexity

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Economic Complexity of Liaoning Province

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Economic Complexity (2022): 0.16

Liaoning Province ranks 11th 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

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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 Vacuum Flask (0.37), Cutlery Sets (0.35), Other Cutlery (0.34), Telephones (0.34), and Diazo, Azo or Aoxy Compounds (0.34).

Most Complex Products by PCI

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The highest complexity exports of Liaoning Province according to the product complexity index (PCI) are Sound Recordings (0.94), Polycarboxylic Acids (0.7), Refractory Bricks (0.53), Iron Sheet Piling (0.28), and Petroleum Jelly (-0.1). 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 (99.9), Iron Sheet Piling (71.6), Petroleum Jelly (65.5), Refractory Bricks (64.4), and Raw Bones (47.9).

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. Bubble size corresponds to exports value by year 2020.