Baltimore, Md

District in Maryland, state of United States

Exports (2019): $15.2B, Rnk 26/43

Top Destination (2019): $1.41B, India

Top Export (2019): $2.06B, Bituminous coal, not agglomerated

Imports (2019): $43.9B, Rnk 18/43

Top Origin (2019): $5.74B, Germany

Top Import (2019): $11B, Medium Sized Cars

Economic Complexity (2019): 0.28, Rnk 23 / 43

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

Exports: In 2019, United States' Baltimore, Md exported $15.2B, making it the 26th largest exporter out of the 43 exporters in United States. In 2019 the top exports of Baltimore, Md were Bituminous coal, not agglomerated ($2.06B), Natural gas, liquefied ($1.51B), Tractors; n.e.c. in heading no 8701... ($822M), Medium Sized Cars ($777M), and Large Sized Cars ($773M).

Imports: In 2019, United States' Baltimore, Md imported $43.9B, making it the 18th largest importer out of the 43 importers in United States. In 2019 top imports of Baltimore, Md were Medium Sized Cars ($11B), Large Sized Cars ($2.2B), Vaccines, human use ($1.47B), Small Sized Cars ($1.38B), and Shovels and excavators with revolving superstructure ($1.07B).

Economic Complexity: In 2019, the highest complexity exports of Baltimore, Md according to the product complexity index (PCI) are Photographic Film (1.89), Fork-Lifts (1.71), Metal Finishing Machines (1.67), Metalworking Machines (1.67), and Flat-Rolled Stainless Steel (1.61). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Top Destination (2019): India, $1.41B

Top Product (2019): Bituminous coal, not agglomerated, $2.06B

In 2019 the top export destinations of Baltimore, Md were India ($1.41B), Japan ($1.04B), United Kingdom ($1.02B), Germany ($837M), and Australia ($751M).

In 2019 the top exports of Baltimore, Md were Bituminous coal, not agglomerated ($2.06B), Natural gas, liquefied ($1.51B), Tractors; n.e.c. in heading no 8701... ($822M), Medium Sized Cars ($777M), and Large Sized Cars ($773M).

Export Dynamics

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Fastest Growing Exports Destination (July 2019 - July 2020)

Rapidly Declining Export Origins (July 2019 - July 2020)

Yearly Imports

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Depth
Year

Top Origin (2019): Germany, $5.74B

Top Import (2019): Medium Sized Cars, $11B

In 2019 the top import origins of Baltimore, Md were Germany ($5.74B), Japan ($4.78B), United Kingdom ($4.59B), China ($3.73B), and Mexico ($2.88B).

In 2019 the top imports of Baltimore, Md were Medium Sized Cars ($11B), Large Sized Cars ($2.2B), Vaccines, human use ($1.47B), Small Sized Cars ($1.38B), and Shovels and excavators with revolving superstructure ($1.07B).

Import Dynamics

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Fastest Growing Import Origins (July 2019 - July 2020)

Rapidly Declining Import Origins (July 2019 - July 2020)

Comparison in Time

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This section shows differences between total trade from Baltimore, MD throughout time.

This section shows forecasts for total exports and imports from Baltimore, MD. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

Explore Forecasts

Economic Complexity

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Economic Complexity of United States

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Baltimore, Md ranks 23rd out of the 43 districts in United States according to ECI.

Estimated using exports data.

Discover Economic Complexity

Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Baltimore, Md already has a comparative advantage, are led by X-Ray Equipment (0.19), Nickel Bars (0.18), Chemical Analysis Instruments (0.18), Sulfite Chemical Woodpulp (0.18), and Laboratory Reagents (0.18).

Most Complex Products by PCI

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The highest complexity exports of Baltimore, Md according to the product complexity index (PCI) are Photographic Film (1.89), Fork-Lifts (1.71), Metal Finishing Machines (1.67), Metalworking Machines (1.67), and Flat-Rolled Stainless Steel (1.61). 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 Recovered Paper Pulp (81.8), Military Weapons (52.2), Molybdenum Ore (29.5), Tractors (23.5), and Nickel Sheets (21).

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 Baltimore, Md 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  Baltimore, Md. These are products that tend to be co-exported with the products that Baltimore, Md 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.