Anchorage, Ak

District in Alaska, State of United States

2019
Economic
Complexity
: 0.6, Rank 7 of 39

Jan 2021
Trade
Exports | Imports
: $1.8B | $1.19B, 21 of 43 | 31 of 42

Jan 2021
Country
Destination | Origin
: Hong Kong | Malaysia , $423M  | $326M

Jan 2021
Product
Exports | Imports
: Telephones | Integrated Circuits , $249M  | $332M

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

Exports: In 2020, United States' Anchorage, Ak exported $20.1B, making it the 20th largest exporter out of the 43 exporters in United States. In 2020 the top exports of Anchorage, Ak were Aircraft parts nes ($1.83B), Telephones for cellular networks or for... ($1.41B), Zinc ores and concentrates ($730M), Petroleum oils, oils from bituminous minerals,... ($670M), and Electronic integrated circuits: n.e.c. in heading... ($561M).

Imports: In 2020, United States' Anchorage, Ak imported $15.3B, making it the 31st largest importer out of the 43 importers in United States. In 2020 top imports of Anchorage, Ak were Electronic integrated circuits: processors and controllers,... ($4.49B), Parts and accessories of data processing... ($1.26B), Commodities not specified according to kind ($1.21B), Communication apparatus (excluding telephone sets or... ($939M), and Electronic integrated circuits: n.e.c. in heading... ($775M).

Economic Complexity: In 2019, the highest complexity exports of Anchorage, Ak according to the product complexity index (PCI) are Developed Exposed Photographic Material (2.81), Disc Chemicals for Electronics (2.2), Photographic Chemicals (2.16), Tool Plates (1.96), and Cermets (1.87). 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 Anchorage, AK's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit United States's country profile.

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Yearly Exports

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Top Destination (2020): Japan, $4B

Top Product (2020): Aircraft parts nes, $1.83B

In 2020 the top export destinations of Anchorage, Ak were Japan ($4B), China ($3.81B), Hong Kong ($2.96B), South Korea ($1.84B), and Singapore ($1.67B).

In 2020 the top exports of Anchorage, Ak were Aircraft parts nes ($1.83B), Telephones for cellular networks or for... ($1.41B), Zinc ores and concentrates ($730M), Petroleum oils, oils from bituminous minerals,... ($670M), and Electronic integrated circuits: n.e.c. in heading... ($561M).

Exports Dynamics

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Fastest Growing Exports Destination (Jan 2020 - Jan 2021)

Rapidly Declining Export Origins (Jan 2020 - Jan 2021)

Yearly Imports

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Depth

Top Origin (2020): Malaysia, $5.29B

Top Import (2020): Electronic integrated circuits: processors and controllers,..., $4.49B

In 2020 the top import origins of Anchorage, Ak were Malaysia ($5.29B), Taiwan ($2.44B), China ($2.23B), South Korea ($1.9B), and Thailand ($665M).

In 2020 the top imports of Anchorage, Ak were Electronic integrated circuits: processors and controllers,... ($4.49B), Parts and accessories of data processing... ($1.26B), Commodities not specified according to kind ($1.21B), Communication apparatus (excluding telephone sets or... ($939M), and Electronic integrated circuits: n.e.c. in heading... ($775M).

Imports Dynamics

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Fastest Growing Import Origins (Jan 2020 - Jan 2021)

Rapidly Declining Import Origins (Jan 2020 - Jan 2021)

Economic Complexity

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Economic Complexity of United States

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Anchorage, Ak ranks 7th out of the 43 districts in United States 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 Anchorage, Ak already has a comparative advantage, are led by Photographic Film (0.22), Photo Lab Equipment (0.22), Blown Glass (0.21), Copper Foil (0.21), and Phenol Derivatives (0.2).

Most Complex Products by PCI

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The highest complexity exports of Anchorage, Ak according to the product complexity index (PCI) are Developed Exposed Photographic Material (2.81), Disc Chemicals for Electronics (2.2), Photographic Chemicals (2.16), Tool Plates (1.96), and Cermets (1.87). 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 Zinc Ore (71.9), Lead Ore (59.1), Non-fillet Frozen Fish (41.3), Fish Fillets (30.2), and Other Precious Metal Products (27.3).

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 Anchorage, Ak 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  Anchorage, Ak. These are products that tend to be co-exported with the products that Anchorage, Ak 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.