Charleston, Sc

District in South Carolina, state of United States

Exports (2019): $39.6B, Rnk 15/43

Top Destination (2019): $6.92B, China

Top Export (2019): $12.4B, Aircraft parts nes

Imports (2019): $49.7B, Rnk 16/43

Top Origin (2019): $10.8B, Germany

Top Import (2019): $3.14B, Aircraft parts nes

Economic Complexity (2019): 0.3, Rnk 20 / 43

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

Exports: In 2019, United States' Charleston, Sc exported $39.6B, making it the 15th largest exporter out of the 43 exporters in United States. In 2019 the top exports of Charleston, Sc were Aircraft parts nes ($12.4B), Medium Sized Cars ($3.48B), Large Diesel Engine Cars ($3.01B), Medium Diesel Engine Cars ($1.18B), and Rubber; new pneumatic tyres, of a... ($586M).

Imports: In 2019, United States' Charleston, Sc imported $49.7B, making it the 16th largest importer out of the 43 importers in United States. In 2019 top imports of Charleston, Sc were Aircraft parts nes ($3.14B), Insulin, in dosage ($869M), Motor vehicle parts nes ($792M), Medicaments nes, in dosage ($758M), and Commodities not specified according to kind ($732M).

Economic Complexity: In 2019, the highest complexity exports of Charleston, Sc according to the product complexity index (PCI) are Cermets (2.2), Machinery Having Individual Functions (2.02), Rolling Machines (1.93), Silicone (1.81), and Artificial Filament Tow (1.79). 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): China, $6.92B

Top Product (2019): Aircraft parts nes, $12.4B

In 2019 the top export destinations of Charleston, Sc were China ($6.92B), Germany ($4.94B), Japan ($2.4B), United Arab Emirates ($2.19B), and United Kingdom ($1.93B).

In 2019 the top exports of Charleston, Sc were Aircraft parts nes ($12.4B), Medium Sized Cars ($3.48B), Large Diesel Engine Cars ($3.01B), Medium Diesel Engine Cars ($1.18B), and Rubber; new pneumatic tyres, of a... ($586M).

Yearly Imports

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Year

Top Origin (2019): Germany, $10.8B

Top Import (2019): Aircraft parts nes, $3.14B

In 2019 the top import origins of Charleston, Sc were Germany ($10.8B), China ($7.72B), Japan ($3.24B), India ($2.59B), and Italy ($1.66B).

In 2019 the top imports of Charleston, Sc were Aircraft parts nes ($3.14B), Insulin, in dosage ($869M), Motor vehicle parts nes ($792M), Medicaments nes, in dosage ($758M), and Commodities not specified according to kind ($732M).

Comparison in Time

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This section shows differences between total trade from Charleston, SC throughout time.

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

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Economic Complexity

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Economic Complexity of United States

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Charleston, Sc ranks 20th 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 Charleston, Sc already has a comparative advantage, are led by Photo Lab Equipment (0.24), Halides (0.24), X-Ray Equipment (0.24), Epoxides (0.23), and Photographic Film (0.23).

Most Complex Products by PCI

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The highest complexity exports of Charleston, Sc according to the product complexity index (PCI) are Cermets (2.2), Machinery Having Individual Functions (2.02), Rolling Machines (1.93), Silicone (1.81), and Artificial Filament Tow (1.79). 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 Artificial Filament Tow (85.9), Aircraft Parts (60.3), Cellulose (39.1), Non-Retail Artificial Filament Yarn (27.7), and Nickel Bars (24.9).

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 Charleston, Sc 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  Charleston, Sc. These are products that tend to be co-exported with the products that Charleston, Sc 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.