Shanghai ProvinceProvince in China
2020 Economic Complexity : 0.38, Rank 2 of 31
Sep 2022 Trade Exports | Imports: $24.2B | $33.2B, 4 of 31 | 3 of 31
Sep 2022 Country Destination | Origin: United States | Japan , $4.38B | $3.39B
Sep 2022 Product Exports | Imports: Automatic data processing machines: portable, weighing not more... | Electronic integrated circuits: processors and controllers, whether or..., $1.52B | $2.38B
Overview This page contains the latest international trade data for Shanghai Province. In September 2022 Shanghai Province was the number 5 in total exports and the number 2 in total imports in China.
Exports In 2021, China's Shanghai Province exported $243B, making it the 5th largest exporter out of the 31 exporters in China. In 2021 the top exports of Shanghai Province were Automatic data processing machines: portable, weighing... ($15.3B), Electronic integrated circuits: memories ($11.2B), Telephones for cellular networks or for... ($9.67B), Electronic integrated circuits: processors and controllers,... ($8.58B), and Electronic integrated circuits: n.e.c. in heading... ($5.88B).
Imports In 2021, China's Shanghai Province imported $384B, making it the 2nd largest importer out of the 31 importers in China. In 2021 top imports of Shanghai Province were Electronic integrated circuits: processors and controllers,... ($23.7B), Iron ore, concentrate, not iron pyrites,unagglomerate ($21.1B), Gold in unwrought forms non-monetary ($16.9B), Electronic integrated circuits: memories ($15.3B), and Medium Sized Cars ($9.39B).
Economic Complexity In 2020, the highest complexity exports of Shanghai Province according to the product complexity index (PCI) are Computers (0.91), Telephones (0.88), Copper Pipes (0.44), Cranes (-0.048), and Glycosides (-0.1). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
September, 2022
Overview In September 2022 Shanghai Province exported $24.2B and imported $33.2B, resulting in a negative trade balance of $9.03B. Between September 2021 and September 2022 the exports of Shanghai Province have increased by $3.74B (18.3%) from $20.4B to $24.2B, while imports decreased by $-453M (-1.35%) from $33.7B to $33.2B.
Trade In September 2022, the top exports of Shanghai Province were Computers ($2.8B), Integrated Circuits ($2.41B), Cars ($1.31B), Telephones ($1.15B), and Electric Batteries ($599M). In September 2022 the top imports of Shanghai Province were Integrated Circuits ($5.1B), Gold ($2.34B), Iron Ore ($1.62B), Cars ($847M), and Beauty Products ($626M).
Destinations In September 2022, Shanghai Province exported mostly to United States ($4.38B), Hong Kong ($2.03B), Japan ($1.93B), Taiwan ($1.52B), and South Korea ($919M), and imported mostly from Japan ($3.39B), Taiwan ($2.97B), United States ($2.78B), Germany ($2.4B), and South Korea ($2.12B).
Growth In September 2022, the increase in Shanghai Province's year-by-year exports was explained primarily by an increase in exports to Vietnam ($198M or 57%), South Korea ($159M or 24.6%), and United Kingdom ($102M or 27.1%), and product exports increase in Computers ($1.37B or 129%), Integrated Circuits ($1.12B or 117%), and Cars ($253M or 188%). In September 2022, the decrease in Shanghai Province's year-by-year imports was explained primarily by an decrease in imports from Switzerland ($-366M or -40.8%), Singapore ($-350M or -41.2%), and South Africa ($-312M or -68.9%), and product imports decrease in Gold ($-1.49B or -99.8%), Cars ($-430M or -48.7%), and Refined Copper ($-274M or -42.8%).
EXPORT GROWTH (September 2021 - September 2022): $3.74B, (18.3%)
IMPORT GROWTH (September 2021 - September 2022): $-453M, (-1.35%)
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 (2021): United States, $47.8B
Top Product (2021): Automatic data processing machines: portable, weighing..., $15.3B
In 2021 the top export destinations of Shanghai Province were United States ($47.8B), Hong Kong ($24.6B), Japan ($20.2B), Taiwan ($12B), and South Korea ($10.6B).
In 2021 the top exports of Shanghai Province were Automatic data processing machines: portable, weighing... ($15.3B), Electronic integrated circuits: memories ($11.2B), Telephones for cellular networks or for... ($9.67B), Electronic integrated circuits: processors and controllers,... ($8.58B), and Electronic integrated circuits: n.e.c. in heading... ($5.88B).
Top Origin (2021): Japan, $43.4B
Top Import (2021): Electronic integrated circuits: processors and controllers,..., $23.7B
In 2021 the top import origins of Shanghai Province were Japan ($43.4B), Germany ($30.8B), United States ($30.8B), Taiwan ($28.9B), and Australia ($24B).
In 2021 the top imports of Shanghai Province were Electronic integrated circuits: processors and controllers,... ($23.7B), Iron ore, concentrate, not iron pyrites,unagglomerate ($21.1B), Gold in unwrought forms non-monetary ($16.9B), Electronic integrated circuits: memories ($15.3B), and Medium Sized Cars ($9.39B).
Economic Complexity (2021): 0.38
Shanghai Province ranks 2nd 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 (0.54), Cutlery Sets (0.48), Cast or Rolled Glass (0.48), Glass with Edge Workings (0.47), and Umbrellas (0.45).
The highest complexity exports of Shanghai Province according to the product complexity index (PCI) are Computers (0.91), Telephones (0.88), Copper Pipes (0.44), Cranes (-0.048), and Glycosides (-0.1). 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 Railway Cargo Containers (35.6), Balances (9.9), Glycosides (9.5), Other Vegetable Fibers Fabric (9.3), and Copper Pipes (9.1).
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. Bubble size corresponds to exports value by year 2020.
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