Shanghai ProvinceProvince in China
2019 Economic Complexity: 0.4, Rank 1 of 31
Dec 2020 Trade Exports | Imports: $19.2B | $31.2B, 5 of 31 | 2 of 31
Dec 2020 Country Destination | Origin: United States | Japan , $3.63B | $3.86B
Dec 2020 Product Exports | Imports: Computers | Integrated Circuits , $2.65B | $4.11B
Overview: This page contains the latest international trade data for Shanghai Province, including export and import data.
Exports: In 2020, China's Shanghai Province exported $165B, making it the 5th largest exporter out of the 31 exporters in China. In 2020 the top exports of Shanghai Province were Automatic data processing machines: portable, weighing... ($11.9B), Telephones for cellular networks or for... ($10.8B), Electronic integrated circuits: memories ($6.51B), Electronic integrated circuits: processors and controllers,... ($4.29B), and Made up articles (textile) nes, textile... ($4.13B).
Imports: In 2020, China's Shanghai Province imported $291B, making it the 2nd largest importer out of the 31 importers in China. In 2020 top imports of Shanghai Province were Electronic integrated circuits: processors and controllers,... ($20.8B), Electronic integrated circuits: memories ($14.5B), Iron ore, concentrate, not iron pyrites,unagglomerate ($11.1B), Medium Sized Cars ($9.42B), and Copper cathodes and sections of cathodes... ($6.94B).
Economic Complexity: In 2019, the highest complexity exports of Shanghai Province according to the product complexity index (PCI) are Artificial Textile Machinery (2.06), Disc Chemicals for Electronics (2.01), Other Esters (1.96), Halides (1.79), and Silicone (1.75). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Overview: In December 2020 Shanghai Province exported $19.2B and imported $31.2B, resulting in a negative trade balance of $12B. Between December 2019 and December 2020 the exports of Shanghai Province have increased by $2.54B (15.3%) from $16.6B to $19.2B, while imports increased by $4.02B (14.8%) from $27.2B to $31.2B.
Trade: In December 2020, the top exports of Shanghai Province were Computers ($2.65B), Integrated Circuits ($1.98B), Telephones ($1.25B), Passenger and Cargo Ships ($472M), and Vehicle Parts ($420M). In December 2020 the top imports of Shanghai Province were Integrated Circuits ($4.11B), Cars ($1.65B), Iron Ore ($1.03B), Blood, antisera, vaccines, toxins and cultures ($761M), and Medical Instruments ($619M).
Destinations: In December 2020, Shanghai Province exported mostly to United States ($3.63B), Hong Kong ($1.96B), Japan ($1.65B), Singapore ($895M), and Taiwan ($890M), and imported mostly from Japan ($3.86B), Germany ($3.53B), United States ($2.64B), Taiwan ($2.39B), and South Korea ($1.87B).
Growth: In December 2020, the increase in Shanghai Province's year-by-year exports was explained primarily by an increase in exports to Singapore ($359M or 66.8%), France ($346M or 190%), and Czechia ($132M or 97.1%), and product exports increase in Computers ($1.09B or 69.7%), Integrated Circuits ($941M or 90.5%), and Passenger and Cargo Ships ($276M or 141%). In December 2020, the increase in Shanghai Province's year-by-year imports was explained primarily by an increase in imports from Germany ($1.1B or 45.4%), Indonesia ($422M or 123%), and Vietnam ($412M or 40.7%), and product imports increase in Cars ($764M or 86.2%), Integrated Circuits ($543M or 15.3%), and Blood, antisera, vaccines, toxins and cultures ($278M or 57.6%).
EXPORT GROWTH (December 2019 - December 2020): $2.54B, (15.3%)
IMPORT GROWTH (December 2019 - December 2020): $4.02B, (14.8%)
This section shows exports and imports data at subnational level for Shanghai Province. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of Shanghai Province over time.
This section shows the differences between Shanghai Province's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit China's country profile.
Top Destination (2020): United States, $38.7B
Top Product (2020): Automatic data processing machines: portable, weighing..., $11.9B
In 2020 the top export destinations of Shanghai Province were United States ($38.7B), Japan ($16.5B), Taiwan ($10.1B), Germany ($6.64B), and South Korea ($6.53B).
In 2020 the top exports of Shanghai Province were Automatic data processing machines: portable, weighing... ($11.9B), Telephones for cellular networks or for... ($10.8B), Electronic integrated circuits: memories ($6.51B), Electronic integrated circuits: processors and controllers,... ($4.29B), and Made up articles (textile) nes, textile... ($4.13B).
Top Origin (2020): Japan, $37B
Top Import (2020): Electronic integrated circuits: processors and controllers,..., $20.8B
In 2020 the top import origins of Shanghai Province were Japan ($37B), Germany ($27.8B), Taiwan ($21.9B), United States ($21.8B), and South Korea ($18.9B).
In 2020 the top imports of Shanghai Province were Electronic integrated circuits: processors and controllers,... ($20.8B), Electronic integrated circuits: memories ($14.5B), Iron ore, concentrate, not iron pyrites,unagglomerate ($11.1B), Medium Sized Cars ($9.42B), and Copper cathodes and sections of cathodes... ($6.94B).
Shanghai Province ranks 1st out of the 31 provinces in China according to ECI.
Estimated using exports data.
The top export opportunities according to the relatedness level, without considering those products were Shanghai Province already has a comparative advantage, are led by Artificial Vegetation (0.58), Cutlery Sets (0.51), Glass with Edge Workings (0.5), Umbrellas (0.49), and Electrical Capacitors (0.48).
The highest complexity exports of Shanghai Province according to the product complexity index (PCI) are Artificial Textile Machinery (2.06), Disc Chemicals for Electronics (2.01), Other Esters (1.96), Halides (1.79), and Silicone (1.75). 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 Telephones (13.6), Cranes (10.9), Glycosides (10.3), Railway Cargo Containers (8.74), and Iron Oxides and Hydroxides (7.6).
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 Shanghai 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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