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

Exports In 2020, China's Shanxi Province exported $12B, making it the 22nd largest exporter out of the 31 exporters in China. In 2020 the top exports of Shanxi Province were Telephones for cellular networks or for... ($7.4B), Telephone sets and other apparatus for... ($309M), Electronic integrated circuits: processors and controllers,... ($271M), Hot rolled stainless steel coil, w... ($183M), and Hot rolled stainless steel coil, w... ($152M).

Imports In 2020, China's Shanxi Province imported $8.97B, making it the 25th largest importer out of the 31 importers in China. In 2020 top imports of Shanxi Province were Electronic integrated circuits: processors and controllers,... ($2.34B), Iron ore, concentrate, not iron pyrites,unagglomerate ($814M), Parts for radio/tv transmit/receive equipment, nes ($655M), Ferro-nickel ($580M), and Chromium ores and concentrates ($363M).

Economic Complexity In 2020, the highest complexity exports of Shanxi Province according to the product complexity index (PCI) are Hot-Rolled Stainless Steel Bars (1.8), Oscilloscopes (1.77), Metal Finishing Machines (1.76), Polymer Ion-Exchangers (1.61), and Flat Flat-Rolled Steel (1.47). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

#permalink to section

Yearly Exports

#permalink to section
Value
Compare to
Depth

Top Destination (2020): United States, $3.74B

Top Product (2020): Telephones for cellular networks or for..., $7.4B

In 2020 the top export destinations of Shanxi Province were United States ($3.74B), Netherlands ($821M), United Kingdom ($611M), Russia ($559M), and Japan ($528M).

In 2020 the top exports of Shanxi Province were Telephones for cellular networks or for... ($7.4B), Telephone sets and other apparatus for... ($309M), Electronic integrated circuits: processors and controllers,... ($271M), Hot rolled stainless steel coil, w... ($183M), and Hot rolled stainless steel coil, w... ($152M).

Explore Visualizations

Average price over time

#permalink to section
Acyclic Alcohols
Unit

Exports Dynamics

#permalink to section

Fastest Growing Exports Destination (Aug 2020 - Aug 2021)

Rapidly Declining Export Origins (Aug 2020 - Aug 2021)

Yearly Imports

#permalink to section
Value
Depth
Compare to

Top Origin (2020): Taiwan, $1.71B

Top Import (2020): Electronic integrated circuits: processors and controllers,..., $2.34B

In 2020 the top import origins of Shanxi Province were Taiwan ($1.71B), Japan ($1.08B), Vietnam ($891M), China ($870M), and Australia ($698M).

In 2020 the top imports of Shanxi Province were Electronic integrated circuits: processors and controllers,... ($2.34B), Iron ore, concentrate, not iron pyrites,unagglomerate ($814M), Parts for radio/tv transmit/receive equipment, nes ($655M), Ferro-nickel ($580M), and Chromium ores and concentrates ($363M).

Explore Visualizations

Imports Dynamics

#permalink to section

Fastest Growing Import Origins (Aug 2020 - Aug 2021)

Rapidly Declining Import Origins (Aug 2020 - Aug 2021)

Economic Complexity

#permalink to section

Economic Complexity of China

#permalink to section

Economic Complexity (2020): 0.21

Shanxi Province ranks 8th 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.

Discover Economic Complexity

Export Opportunities by Relatedness

#permalink to section

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 (0.12), LCDs (0.11), Combs (0.11), Cast or Rolled Glass (0.11), and Portable Lighting (0.11).

Most Complex Products by PCI

#permalink to section

The highest complexity exports of Shanxi Province according to the product complexity index (PCI) are Hot-Rolled Stainless Steel Bars (1.8), Oscilloscopes (1.77), Metal Finishing Machines (1.76), Polymer Ion-Exchangers (1.61), and Flat Flat-Rolled Steel (1.47). 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 Magnesium (124.5), Telephones (85.8), Activated Carbon (62.7), Vegetable and Mineral Carvings (52.5), and Nitrites and Nitrates (43.5).

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.

Relatedness Space

#permalink to section

This network shows the products most related to the production structure of  Shanxi Province. These are products that tend to be co-exported with the products that Shanxi 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.