Shaanxi Province

Province in China

Exports (2019): $22B, Rnk 19/31

Top Destination (2019): $5.14B, South Korea

Top Export (2019): $8.89B, Electronic integrated circuits: memories

Imports (2019): $22.8B, Rnk 16/31

Top Origin (2019): $8.51B, Taiwan

Top Import (2019): $10.6B, Electronic integrated circuits: memories

Economic Complexity (2019): 0.28, Rnk 5 / 31

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

Exports: In 2019, China's Shaanxi Province exported $22B, making it the 19th largest exporter out of the 31 exporters in China. In 2019 the top exports of Shaanxi Province were Electronic integrated circuits: memories ($8.89B), Units of automatic data processing machines:... ($2.29B), Parts and accessories of data processing... ($1.85B), Photosensitive/photovoltaic/LED semiconductor devices ($1.32B), and Electric accumulators: lithium-ion, including separators, whether... ($820M).

Imports: In 2019, China's Shaanxi Province imported $22.8B, making it the 16th largest importer out of the 31 importers in China. In 2019 top imports of Shaanxi Province were Electronic integrated circuits: memories ($10.6B), Machines and apparatus of a kind... ($1.08B), Copper cathodes and sections of cathodes... ($1.03B), Parts and accessories of data processing... ($1.02B), and Machines and apparatus of heading 8486:... ($504M).

Economic Complexity: In 2019, the highest complexity exports of Shaanxi Province according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.16), Polymer Ion-Exchangers (1.68), Metal Lathes (1.68), Motor-working Tools (1.63), and Carboxyimide Compounds (1.59). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

#permalink to section
Value
Depth
Year

Top Destination (2019): South Korea, $5.14B

Top Product (2019): Electronic integrated circuits: memories, $8.89B

In 2019 the top export destinations of Shaanxi Province were South Korea ($5.14B), Taiwan ($2.95B), United States ($2.29B), Malaysia ($1.05B), and Singapore ($1.04B).

In 2019 the top exports of Shaanxi Province were Electronic integrated circuits: memories ($8.89B), Units of automatic data processing machines:... ($2.29B), Parts and accessories of data processing... ($1.85B), Photosensitive/photovoltaic/LED semiconductor devices ($1.32B), and Electric accumulators: lithium-ion, including separators, whether... ($820M).

Explore Visualizations

Export Dynamics

#permalink to section

Fastest Growing Exports Destination (July 2019 - July 2020)

Rapidly Declining Export Origins (July 2019 - July 2020)

Yearly Imports

#permalink to section
Value
Depth
Year

Top Origin (2019): Taiwan, $8.51B

Top Import (2019): Electronic integrated circuits: memories, $10.6B

In 2019 the top import origins of Shaanxi Province were Taiwan ($8.51B), South Korea ($4.99B), Japan ($1.99B), United States ($1.79B), and Australia ($732M).

In 2019 the top imports of Shaanxi Province were Electronic integrated circuits: memories ($10.6B), Machines and apparatus of a kind... ($1.08B), Copper cathodes and sections of cathodes... ($1.03B), Parts and accessories of data processing... ($1.02B), and Machines and apparatus of heading 8486:... ($504M).

Explore Visualizations

Import Dynamics

#permalink to section

Fastest Growing Import Origins (July 2019 - July 2020)

Rapidly Declining Import Origins (July 2019 - July 2020)

Comparison in Time

#permalink to section
Flow
Value

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

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

Explore Forecasts

Economic Complexity

#permalink to section

Economic Complexity of China

#permalink to section

Shaanxi Province ranks 5th out of the 31 territories in China according to ECI.

Estimated using exports data.

Discover Economic Complexity

Export Opportunities by Relatedness

#permalink to section

The top export opportunities according to the relatedness level, without considering those products were Shaanxi Province already has a comparative advantage, are led by Artificial Vegetation (0.17), Vacuum Flask (0.17), Combs (0.16), Glass with Edge Workings (0.16), and Cutlery Sets (0.16).

Most Complex Products by PCI

#permalink to section

The highest complexity exports of Shaanxi Province according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.16), Polymer Ion-Exchangers (1.68), Metal Lathes (1.68), Motor-working Tools (1.63), and Carboxyimide Compounds (1.59). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

#permalink to section

The most specialized products according to the RCA index are led by Molybdenum (46.5), Titanium (35), Glycosides (22.1), Disc Chemicals for Electronics (21.3), and Instructional Models (17.7).

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 Shaanxi 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

#permalink to section

This network shows the products most related to the production structure of  Shaanxi Province. These are products that tend to be co-exported with the products that Shaanxi Province exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

#permalink to section
Depth
Filter

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.