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Overview This page contains the latest international trade data for Liaoning Province. In December 2023 Liaoning Province was the number 18 in total exports and the number 9 in total imports in China.

Exports In 2023, China's Liaoning Province exported $53.8B, making it the 18th largest exporter out of the 31 exporters in China. In 2023 the top exports of Liaoning Province were Electronic integrated circuits: memories ($3.17B), Cargo vessels other than tanker or... ($1.86B), Electric motor Vehicles ($1.84B), Floating, submersible drilling or production platform ($1.19B), and Structures and parts of structures, iron... ($793M).

Imports In 2023, China's Liaoning Province imported $65B, making it the 9th largest importer out of the 31 importers in China. In 2023 top imports of Liaoning Province were Petroleum oils, oils from bituminous minerals,... ($15.9B), Iron ore, concentrate, not iron pyrites,unagglomerate ($4.52B), P-xylene ($2.9B), Soya beans: other than seed, whether... ($2.13B), and Petroleum spirit for motor vehicles ($1.52B).

Economic Complexity In 2023, the highest complexity exports of Liaoning Province according to the product complexity index (PCI) are Metalworking Machines (2.24), Metalworking Transfer Machines (2.09), Other Esters (2.07), Blank Audio Media (1.98), Non-Mechanical Removal Machinery (1.95), Metal Pickling Preparations (1.84), Rubberworking Machinery (1.83), Hot-Rolled Stainless Steel Bars (1.82), Metal Lathes (1.82), and Interchangeable Tool Parts (1.82). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

Yearly Exports

Color
Depth
Top Destination (2023)Japan$8.66B

In 2023 the top export destinations of Liaoning Province were Japan ($8.66B), South Korea ($5.41B), United States ($4.33B), Singapore ($2.48B), and Taiwan ($2.2B).

In 2023 the top exports of Liaoning Province were Electronic integrated circuits: memories ($3.17B), Cargo vessels other than tanker or... ($1.86B), Electric motor Vehicles ($1.84B), Floating, submersible drilling or production platform ($1.19B), and Structures and parts of structures, iron... ($793M).

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Exports Dynamics

Fastest Growing Exports Destination (Dec 2022 - Dec 2023)
Hong Kong $102M (144%)
India $93.2M (72.6%)
Taiwan $87.4M (50.9%)
Rapidly Declining Export Origins (Dec 2022 - Dec 2023)
Singapore -$89.7M (-58.9%)
South Korea -$82.6M (-19.7%)
Japan -$58.3M (-7.76%)

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Yearly Imports

Color
Depth
Top Origin (2023)Saudi Arabia$7.79B

In 2023 the top import origins of Liaoning Province were Saudi Arabia ($7.79B), Russia ($5.73B), Germany ($4.89B), Japan ($4.21B), and United States ($3.75B).

In 2023 the top imports of Liaoning Province were Petroleum oils, oils from bituminous minerals,... ($15.9B), Iron ore, concentrate, not iron pyrites,unagglomerate ($4.52B), P-xylene ($2.9B), Soya beans: other than seed, whether... ($2.13B), and Petroleum spirit for motor vehicles ($1.52B).

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Imports Dynamics

Fastest Growing Import Origins (Dec 2022 - Dec 2023)
Malaysia $111M (268%)
Canada $72.7M (209%)
Brazil $62.3M (34.4%)
Rapidly Declining Import Origins (Dec 2022 - Dec 2023)
United Arab Emirates -$312M (-82.4%)
United States -$306M (-48.5%)
Iraq -$181M (-100%)

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Economic Complexity

Economic Complexity of Liaoning Province

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Economic Complexity (2023)0.19

Liaoning Province ranks 10th 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.

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Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were Liaoning Province already has a comparative advantage, are led by Artificial Textile Machinery (0.34), Wrenches (0.33), Electric Soldering Equipment (0.33), Diazo, Azo or Aoxy Compounds (0.33), and Bi-Wheel Vehicle Parts (0.33).

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Most Complex Products by PCI

The highest complexity exports of Liaoning Province according to the product complexity index (PCI) are Metalworking Machines (2.24), Metalworking Transfer Machines (2.09), Other Esters (2.07), Blank Audio Media (1.98), Non-Mechanical Removal Machinery (1.95), Metal Pickling Preparations (1.84), Rubberworking Machinery (1.83), Hot-Rolled Stainless Steel Bars (1.82), Metal Lathes (1.82), and Interchangeable Tool Parts (1.82). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

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Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Magnesium Carbonate (65.56), Refractory Bricks (61.81), Iron Sheet Piling (58.41), Petroleum Jelly (57.95), and Flat panel displays (49.93).

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Product Space

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 Liaoning 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.

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Relatedness Space

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

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Diversification Frontier

Depth
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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. Bubble size corresponds to exports value by year 2020.

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