Boston, Ma

District in Massachusetts, state of United States

Exports (2019): $8.65B, Rnk 31/43

Top Destination (2019): $1.36B, Germany

Top Export (2019): $958M, Aircraft parts nes

Imports (2019): $25.6B, Rnk 24/43

Top Origin (2019): $3.21B, Canada

Top Import (2019): $3.22B, Petroleum spirit for motor vehicles

Economic Complexity (2019): 0.6, Rnk 6 / 43

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

Exports: In 2019, United States' Boston, Ma exported $8.65B, making it the 31st largest exporter out of the 43 exporters in United States. In 2019 the top exports of Boston, Ma were Aircraft parts nes ($958M), Filtering/purifying machinery for liquids nes ($419M), Instruments, appliances for medical, etc science,... ($411M), Needles, catheters, cannulae etc, (medical) ($364M), and Ferrous waste or scrap, nes ($275M).

Imports: In 2019, United States' Boston, Ma imported $25.6B, making it the 24th largest importer out of the 43 importers in United States. In 2019 top imports of Boston, Ma were Petroleum spirit for motor vehicles ($3.22B), Light petroleum distillates nes ($1.31B), Medicaments nes, in dosage ($1.3B), Artificial parts of the body: excluding... ($1.2B), and Commodities not specified according to kind ($1.2B).

Economic Complexity: In 2019, the highest complexity exports of Boston, Ma according to the product complexity index (PCI) are Cermets (2.2), Photographic Chemicals (2.17), Non-Mechanical Removal Machinery (2.04), Machinery Having Individual Functions (2.02), and Silicone (1.81). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Year

Top Destination (2019): Germany, $1.36B

Top Product (2019): Aircraft parts nes, $958M

In 2019 the top export destinations of Boston, Ma were Germany ($1.36B), China ($1.05B), Netherlands ($778M), United Kingdom ($615M), and France ($613M).

In 2019 the top exports of Boston, Ma were Aircraft parts nes ($958M), Filtering/purifying machinery for liquids nes ($419M), Instruments, appliances for medical, etc science,... ($411M), Needles, catheters, cannulae etc, (medical) ($364M), and Ferrous waste or scrap, nes ($275M).

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): Canada, $3.21B

Top Import (2019): Petroleum spirit for motor vehicles, $3.22B

In 2019 the top import origins of Boston, Ma were Canada ($3.21B), China ($3.16B), Ireland ($2.35B), Germany ($1.97B), and United Kingdom ($1.71B).

In 2019 the top imports of Boston, Ma were Petroleum spirit for motor vehicles ($3.22B), Light petroleum distillates nes ($1.31B), Medicaments nes, in dosage ($1.3B), Artificial parts of the body: excluding... ($1.2B), and Commodities not specified according to kind ($1.2B).

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 Boston, MA throughout time.

This section shows forecasts for total exports and imports from Boston, MA. 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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Boston, Ma ranks 6th 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 Boston, Ma already has a comparative advantage, are led by Photo Lab Equipment (0.25), Photographic Film (0.24), Developed Exposed Photographic Material (0.23), Fork-Lifts (0.23), and Blown Glass (0.23).

Most Complex Products by PCI

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The highest complexity exports of Boston, Ma according to the product complexity index (PCI) are Cermets (2.2), Photographic Chemicals (2.17), Non-Mechanical Removal Machinery (2.04), Machinery Having Individual Functions (2.02), and Silicone (1.81). 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 Binoculars and Telescopes (50.4), Tantalum (49.2), Enzymes (38.4), Unpackaged Medicaments (37.3), and Other Animals (26.4).

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 Boston, Ma 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  Boston, Ma. These are products that tend to be co-exported with the products that Boston, Ma 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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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.