Shanxi ProvinceProvince in China
Exports (2019): $10.7B, Rnk 22/31
Top Destination (2019): $3.25B, United States
Top Export (2019): $5.95B, Telephones for cellular networks or for...
Imports (2019): $8.72B, Rnk 24/31
Top Origin (2019): $1.5B, Taiwan
Top Import (2019): $1.86B, Electronic integrated circuits: processors and controllers,...
Economic Complexity (2019): 0.16, Rnk 9 / 31
Overview: This page contains the latest international trade data for Shanxi Province, including export and import data.
Exports: In 2019, China's Shanxi Province exported $10.7B, making it the 22nd largest exporter out of the 31 exporters in China. In 2019 the top exports of Shanxi Province were Telephones for cellular networks or for... ($5.95B), Telephone sets and other apparatus for... ($333M), Hot rolled stainless steel coil, w... ($313M), Hot rolled stainless steel coil, w... ($283M), and Photosensitive/photovoltaic/LED semiconductor devices ($272M).
Imports: In 2019, China's Shanxi Province imported $8.72B, making it the 24th largest importer out of the 31 importers in China. In 2019 top imports of Shanxi Province were Electronic integrated circuits: processors and controllers,... ($1.86B), Telephone sets and other apparatus for... ($1.08B), Iron ore, concentrate, not iron pyrites,unagglomerate ($845M), Ferro-nickel ($621M), and Parts for radio/tv transmit/receive equipment, nes ($555M).
Economic Complexity: In 2019, the highest complexity exports of Shanxi Province according to the product complexity index (PCI) are Electric Soldering Equipment (1.79), Hot-Rolled Stainless Steel Bars (1.73), Polymer Ion-Exchangers (1.68), Hydrides and other anions (1.59), and Carboxyimide Compounds (1.59). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Top Destination (2019): United States, $3.25B
Top Product (2019): Telephones for cellular networks or for..., $5.95B
In 2019 the top export destinations of Shanxi Province were United States ($3.25B), Japan ($718M), India ($529M), Netherlands ($498M), and United Kingdom ($491M).
In 2019 the top exports of Shanxi Province were Telephones for cellular networks or for... ($5.95B), Telephone sets and other apparatus for... ($333M), Hot rolled stainless steel coil, w... ($313M), Hot rolled stainless steel coil, w... ($283M), and Photosensitive/photovoltaic/LED semiconductor devices ($272M).
Fastest Growing Exports Destination (July 2019 - July 2020)
Top Origin (2019): Taiwan, $1.5B
Top Import (2019): Electronic integrated circuits: processors and controllers,..., $1.86B
In 2019 the top import origins of Shanxi Province were Taiwan ($1.5B), China ($1.4B), Australia ($745M), Japan ($670M), and South Africa ($629M).
In 2019 the top imports of Shanxi Province were Electronic integrated circuits: processors and controllers,... ($1.86B), Telephone sets and other apparatus for... ($1.08B), Iron ore, concentrate, not iron pyrites,unagglomerate ($845M), Ferro-nickel ($621M), and Parts for radio/tv transmit/receive equipment, nes ($555M).
Fastest Growing Import Origins (July 2019 - July 2020)
Rapidly Declining Import Origins (July 2019 - July 2020)
This section shows differences between total trade from Shanxi Province throughout time.
This section shows forecasts for total exports and imports from Shanxi Province. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.
Shanxi Province ranks 9th out of the 31 territories in China according to ECI.
Estimated using exports data.
The top export opportunities according to the relatedness level, without considering those products were Shanxi Province already has a comparative advantage, are led by Vacuum Flask (0.11), Artificial Vegetation (0.11), Slate (0.11), LCDs (0.11), and Glass with Edge Workings (0.11).
The highest complexity exports of Shanxi Province according to the product complexity index (PCI) are Electric Soldering Equipment (1.79), Hot-Rolled Stainless Steel Bars (1.73), Polymer Ion-Exchangers (1.68), Hydrides and other anions (1.59), and Carboxyimide Compounds (1.59). 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 Magnesium (142), Telephones (82.4), Activated Carbon (74.4), Large Flat-Rolled Stainless Steel (56.7), and Nitrites and Nitrates (44.7).
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 Shanxi 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.
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