Charlotte, Nc

District in North Carolina, state of United States

Exports (2019): $7.49B, Rnk 33/43

Top Destination (2019): $2.22B, Saudi Arabia

Top Export (2019): $1.47B, Munitions of war, ammunition/projectiles and parts

Imports (2019): $19.3B, Rnk 29/43

Top Origin (2019): $5.62B, Germany

Top Import (2019): $4.45B, Blood, human or animal, antisera, other...

Economic Complexity (2019): 0.37, Rnk 14 / 43

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

Exports: In 2019, United States' Charlotte, Nc exported $7.49B, making it the 33rd largest exporter out of the 43 exporters in United States. In 2019 the top exports of Charlotte, Nc were Munitions of war, ammunition/projectiles and parts ($1.47B), Aircraft parts nes ($1.17B), Transmissions for motor vehicles ($344M), Commodities not specified according to kind ($210M), and Swine cuts, frozen nes ($147M).

Imports: In 2019, United States' Charlotte, Nc imported $19.3B, making it the 29th largest importer out of the 43 importers in United States. In 2019 top imports of Charlotte, Nc were Blood, human or animal, antisera, other... ($4.45B), Commodities not specified according to kind ($2.43B), Parts of turbo-jet or turbo-propeller engines ($806M), Medicaments nes, in dosage ($548M), and Pullovers, cardigans etc of cotton, knit ($324M).

Economic Complexity: In 2019, the highest complexity exports of Charlotte, Nc according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.25), Cermets (2.2), Silicone (1.81), Artificial Filament Tow (1.79), and Metal Pickling Preparations (1.71). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Value
Depth
Year

Top Destination (2019): Saudi Arabia, $2.22B

Top Product (2019): Munitions of war, ammunition/projectiles and parts, $1.47B

In 2019 the top export destinations of Charlotte, Nc were Saudi Arabia ($2.22B), United Kingdom ($944M), Germany ($460M), Belgium ($432M), and Honduras ($387M).

In 2019 the top exports of Charlotte, Nc were Munitions of war, ammunition/projectiles and parts ($1.47B), Aircraft parts nes ($1.17B), Transmissions for motor vehicles ($344M), Commodities not specified according to kind ($210M), and Swine cuts, frozen nes ($147M).

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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Value
Depth
Year

Top Origin (2019): Germany, $5.62B

Top Import (2019): Blood, human or animal, antisera, other..., $4.45B

In 2019 the top import origins of Charlotte, Nc were Germany ($5.62B), Ireland ($2.99B), China ($2.54B), United Kingdom ($1.07B), and France ($852M).

In 2019 the top imports of Charlotte, Nc were Blood, human or animal, antisera, other... ($4.45B), Commodities not specified according to kind ($2.43B), Parts of turbo-jet or turbo-propeller engines ($806M), Medicaments nes, in dosage ($548M), and Pullovers, cardigans etc of cotton, knit ($324M).

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 Charlotte, NC throughout time.

This section shows forecasts for total exports and imports from Charlotte, NC. 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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Charlotte, Nc ranks 14th 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 Charlotte, Nc already has a comparative advantage, are led by Photo Lab Equipment (0.19), Epoxides (0.19), Planes, Helicopters, and/or Spacecraft (0.19), Non-optical Microscopes (0.18), and Photographic Chemicals (0.18).

Most Complex Products by PCI

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The highest complexity exports of Charlotte, Nc according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.25), Cermets (2.2), Silicone (1.81), Artificial Filament Tow (1.79), and Metal Pickling Preparations (1.71). 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 Explosive Ammunition (579), Military Weapons (202), Binoculars and Telescopes (63.6), Non-Retail Synthetic Staple Fibers Yarn (57.4), and Armored vehicles (51.7).

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 Charlotte, Nc 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  Charlotte, Nc. These are products that tend to be co-exported with the products that Charlotte, Nc 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.