Guizhou Province

Province in China

2019
Economic
Complexity
: 0.067, Rank 19 of 31

Dec 2020
Trade
Exports | Imports
: $745M | $253M, 24 of 31 | 28 of 31

Dec 2020
Country
Destination | Origin
: Hong Kong | Malaysia , $425M  | $65M

Dec 2020
Product
Exports | Imports
: Telephones | Surveying Equipment , $340M  | $54.4M

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

Exports: In 2020, China's Guizhou Province exported $3.8B, making it the 26th largest exporter out of the 31 exporters in China. In 2020 the top exports of Guizhou Province were Telephones for cellular networks or for... ($515M), Diammonium phosphate, in packs >10 kg ($324M), Alcoholic liqueurs nes ($212M), Phosphoric acid and polyphosphoric acids ($106M), and Monoammonium phosphate & mix with diammonium,... ($103M).

Imports: In 2020, China's Guizhou Province imported $1.61B, making it the 28th largest importer out of the 31 importers in China. In 2020 top imports of Guizhou Province were Iron ore, concentrate, not iron pyrites,unagglomerate ($139M), Electronic integrated circuits: processors and controllers,... ($134M), Manganese ores, concentrates, iron ores >20%... ($120M), Electronic integrated circuits: memories ($106M), and Electronic integrated circuits: n.e.c. in heading... ($96M).

Economic Complexity: In 2019, the highest complexity exports of Guizhou Province according to the product complexity index (PCI) are Interchangeable Tool Parts (1.6), LCDs (1.41), Conveyor Belt Textiles (1.32), Navigation Equipment (1.26), and Other Nickel Products (1.2). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

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This section shows the differences between Guizhou 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): Hong Kong, $589M

Top Product (2020): Telephones for cellular networks or for..., $515M

In 2020 the top export destinations of Guizhou Province were Hong Kong ($589M), Malaysia ($349M), United States ($272M), United Kingdom ($167M), and Australia ($167M).

In 2020 the top exports of Guizhou Province were Telephones for cellular networks or for... ($515M), Diammonium phosphate, in packs >10 kg ($324M), Alcoholic liqueurs nes ($212M), Phosphoric acid and polyphosphoric acids ($106M), and Monoammonium phosphate & mix with diammonium,... ($103M).

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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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Top Origin (2020): Taiwan, $491M

Top Import (2020): Iron ore, concentrate, not iron pyrites,unagglomerate, $139M

In 2020 the top import origins of Guizhou Province were Taiwan ($491M), China ($172M), Australia ($164M), Thailand ($149M), and Malaysia ($104M).

In 2020 the top imports of Guizhou Province were Iron ore, concentrate, not iron pyrites,unagglomerate ($139M), Electronic integrated circuits: processors and controllers,... ($134M), Manganese ores, concentrates, iron ores >20%... ($120M), Electronic integrated circuits: memories ($106M), and Electronic integrated circuits: n.e.c. in heading... ($96M).

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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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Guizhou Province ranks 19th 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 Guizhou Province already has a comparative advantage, are led by Other Cutlery (0.2), Vacuum Flask (0.2), Cinnamon (0.2), Umbrellas (0.2), and Non-Knit Gloves (0.19).

Most Complex Products by PCI

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The highest complexity exports of Guizhou Province according to the product complexity index (PCI) are Interchangeable Tool Parts (1.6), LCDs (1.41), Conveyor Belt Textiles (1.32), Navigation Equipment (1.26), and Other Nickel Products (1.2). 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 Barium Sulphate (369), Phosphinates and Phosphonates (214), Phosphatic Fertilizers (190), Phosphoric Acid (160), and Mixed Mineral or Chemical Fertilizers (136).

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 Guizhou 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  Guizhou Province. These are products that tend to be co-exported with the products that Guizhou 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.