Sichuan Province

Province in China

2019
Economic
Complexity
: 0.24, Rank 6 of 31

Dec 2020
Trade
Exports | Imports
: $6.59B | $4.4B, 10 of 31 | 10 of 31

Dec 2020
Country
Destination | Origin
: United States | United States , $1.46B  | $1.1B

Dec 2020
Product
Exports | Imports
: Computers | Integrated Circuits , $2.72B  | $3.11B

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

Exports: In 2020, China's Sichuan Province exported $60.5B, making it the 7th largest exporter out of the 31 exporters in China. In 2020 the top exports of Sichuan Province were Automatic data processing machines: portable, weighing... ($24B), Electronic integrated circuits: processors and controllers,... ($12.7B), Communication apparatus (excluding telephone sets or... ($2.26B), Vehicles; with both spark-ignition internal combustion... ($815M), and Units of automatic data processing machines:... ($803M).

Imports: In 2020, China's Sichuan Province imported $47.4B, making it the 10th largest importer out of the 31 importers in China. In 2020 top imports of Sichuan Province were Electronic integrated circuits: processors and controllers,... ($27.4B), Electronic integrated circuits: memories ($1.53B), Electronic integrated circuits: n.e.c. in heading... ($1.35B), Machines and apparatus of a kind... ($913M), and Parts and accessories of data processing... ($723M).

Economic Complexity: In 2019, the highest complexity exports of Sichuan Province according to the product complexity index (PCI) are Halides (1.79), Cermets (1.69), Interchangeable Tool Parts (1.6), Cutting Blades (1.44), and Tungsten (1.43). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

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Value
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This section shows the differences between Sichuan Province's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit China's country profile.

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Yearly Exports

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Top Destination (2020): United States, $11.8B

Top Product (2020): Automatic data processing machines: portable, weighing..., $24B

In 2020 the top export destinations of Sichuan Province were United States ($11.8B), Vietnam ($10.2B), Netherlands ($6.15B), Malaysia ($3.41B), and Japan ($3.16B).

In 2020 the top exports of Sichuan Province were Automatic data processing machines: portable, weighing... ($24B), Electronic integrated circuits: processors and controllers,... ($12.7B), Communication apparatus (excluding telephone sets or... ($2.26B), Vehicles; with both spark-ignition internal combustion... ($815M), and Units of automatic data processing machines:... ($803M).

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Exports Dynamics

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Fastest Growing Exports Destination (Dec 2019 - Dec 2020)

Rapidly Declining Export Origins (Dec 2019 - Dec 2020)

Yearly Imports

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Depth

Top Origin (2020): United States, $11.8B

Top Import (2020): Electronic integrated circuits: processors and controllers,..., $27.4B

In 2020 the top import origins of Sichuan Province were United States ($11.8B), Taiwan ($5.93B), Ireland ($5.83B), South Korea ($4.6B), and China ($3.16B).

In 2020 the top imports of Sichuan Province were Electronic integrated circuits: processors and controllers,... ($27.4B), Electronic integrated circuits: memories ($1.53B), Electronic integrated circuits: n.e.c. in heading... ($1.35B), Machines and apparatus of a kind... ($913M), and Parts and accessories of data processing... ($723M).

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Imports Dynamics

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Fastest Growing Import Origins (Dec 2019 - Dec 2020)

Rapidly Declining Import Origins (Dec 2019 - Dec 2020)

Economic Complexity

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Economic Complexity of China

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Sichuan Province ranks 6th out of the 31 provinces in China according to ECI.

Estimated using exports data.

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Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Sichuan Province already has a comparative advantage, are led by Portable Lighting (0.24), Umbrellas (0.23), Cinnamon (0.23), Glass with Edge Workings (0.21), and Gum Coated Textile Fabric (0.21).

Most Complex Products by PCI

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The highest complexity exports of Sichuan Province according to the product complexity index (PCI) are Halides (1.79), Cermets (1.69), Interchangeable Tool Parts (1.6), Cutting Blades (1.44), and Tungsten (1.43). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

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The most specialized products according to the RCA index are led by Other Locomotives (25.3), Computers (24.6), Non-Retail Artificial Filament Yarn (24.1), Glycosides (23.5), and Artificial Filament Sewing Thread (18.8).

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 Sichuan 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

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

Diversification Frontier

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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.