Shanghai ProvinceProvince in China
2020 Economic Complexity : 0.4, Rank 1 of 31
Jul 2021 Trade Exports | Imports: $20.5B | $30.5B, 5 of 31 | 3 of 31
Jul 2021 Country Destination | Origin: United States | Japan , $3.92B | $3.54B
Jul 2021 Product Exports | Imports: Electronic integrated circuits: memories | Gold in unwrought forms non-monetary , $1.32B | $2.06B
Overview This page contains the latest international trade data for Shanghai Province, including export and import data.
Exports In 2020, China's Shanghai Province exported $165B, making it the 5th largest exporter out of the 31 exporters in China. In 2020 the top exports of Shanghai Province were Automatic data processing machines: portable, weighing... ($11.9B), Telephones for cellular networks or for... ($10.8B), Electronic integrated circuits: memories ($6.51B), Electronic integrated circuits: processors and controllers,... ($4.29B), and Made up articles (textile) nes, textile... ($4.13B).
Imports In 2020, China's Shanghai Province imported $291B, making it the 2nd largest importer out of the 31 importers in China. In 2020 top imports of Shanghai Province were Electronic integrated circuits: processors and controllers,... ($20.8B), Electronic integrated circuits: memories ($14.5B), Iron ore, concentrate, not iron pyrites,unagglomerate ($11.1B), Medium Sized Cars ($9.42B), and Copper cathodes and sections of cathodes... ($6.94B).
Economic Complexity In 2020, the highest complexity exports of Shanghai Province according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.3), Halides (1.97), Other Measuring Instruments (1.96), Other Esters (1.94), and Iron Fasteners (1.9). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
July, 2021
Overview In July 2021 Shanghai Province exported $20.5B and imported $30.5B, resulting in a negative trade balance of $9.97B. Between July 2020 and July 2021 the exports of Shanghai Province have increased by $5.52B (36.7%) from $15B to $20.5B, while imports increased by $5.12B (20.2%) from $25.4B to $30.5B.
Trade In July 2021, the top exports of Shanghai Province were N/A. In July 2021 the top imports of Shanghai Province were N/A.
Destinations In July 2021, Shanghai Province exported mostly to United States ($3.92B), Hong Kong ($2.2B), Japan ($1.55B), Taiwan ($1.31B), and South Korea ($873M), and imported mostly from Japan ($3.54B), Germany ($2.53B), United States ($2.21B), Taiwan ($2.14B), and Australia ($1.86B).
Growth In July 2021, the increase in Shanghai Province's year-by-year exports was explained primarily by an increase in exports to Belgium ($489M or 520%), Taiwan ($446M or 51.6%), and South Korea ($282M or 47.6%), and product exports increase in Integrated Circuits ($1.56B or 145%), Cars ($710M or 398%), and Passenger and Cargo Ships ($590M or 820%). In July 2021, the increase in Shanghai Province's year-by-year imports was explained primarily by an increase in imports from Switzerland ($1.28B or 221%), Australia ($466M or 33.4%), and Germany ($426M or 20.2%), and product imports increase in Gold ($2.06B or 98.2k%), Iron Ore ($570M or 48.6%), and Diamonds ($271M or 227%).
EXPORT GROWTH (July 2020 - July 2021): $5.52B, (36.7%)
IMPORT GROWTH (July 2020 - July 2021): $5.12B, (20.2%)
This section shows exports and imports data at subnational level for Shanghai Province. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of Shanghai Province over time.
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Top Destination (2020): United States, $38.7B
Top Product (2020): Automatic data processing machines: portable, weighing..., $11.9B
In 2020 the top export destinations of Shanghai Province were United States ($38.7B), Japan ($16.5B), Taiwan ($10.1B), Germany ($6.64B), and South Korea ($6.53B).
In 2020 the top exports of Shanghai Province were Automatic data processing machines: portable, weighing... ($11.9B), Telephones for cellular networks or for... ($10.8B), Electronic integrated circuits: memories ($6.51B), Electronic integrated circuits: processors and controllers,... ($4.29B), and Made up articles (textile) nes, textile... ($4.13B).
Fastest Growing Exports Destination (Jul 2020 - Jul 2021)
Rapidly Declining Export Origins (Jul 2020 - Jul 2021)
Top Origin (2020): Japan, $37B
Top Import (2020): Electronic integrated circuits: processors and controllers,..., $20.8B
In 2020 the top import origins of Shanghai Province were Japan ($37B), Germany ($27.8B), Taiwan ($21.9B), United States ($21.8B), and South Korea ($18.9B).
In 2020 the top imports of Shanghai Province were Electronic integrated circuits: processors and controllers,... ($20.8B), Electronic integrated circuits: memories ($14.5B), Iron ore, concentrate, not iron pyrites,unagglomerate ($11.1B), Medium Sized Cars ($9.42B), and Copper cathodes and sections of cathodes... ($6.94B).
Fastest Growing Import Origins (Jul 2020 - Jul 2021)
Rapidly Declining Import Origins (Jul 2020 - Jul 2021)
Economic Complexity (2020): 0.4
Shanghai Province ranks 1st 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.
The top export opportunities according to the relatedness level, without considering those products were Shanghai Province already has a comparative advantage, are led by Artificial Vegetation (0.49), Cutlery Sets (0.48), Glass with Edge Workings (0.47), Cast or Rolled Glass (0.45), and Electrical Capacitors (0.44).
The highest complexity exports of Shanghai Province according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.3), Halides (1.97), Other Measuring Instruments (1.96), Other Esters (1.94), and Iron Fasteners (1.9). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The most specialized products according to the RCA index are led by Other Cloth Articles (30.5), Glycosides (12.6), Telephones (11.3), Felt or Coated Fabric Garments (10.7), and Other Vegetable Fibers Fabric (10.2).
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 Shanghai 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.
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.