Dallas-fort Worth, Tx

District in Texas, state of United States

Exports (2019): $25.3B, Rnk 18/43

Top Destination (2019): $3.81B, South Korea

Top Export (2019): $4.35B, Aircraft parts nes

Imports (2019): $54.1B, Rnk 14/43

Top Origin (2019): $16B, China

Top Import (2019): $13.4B, Telephones for cellular networks or for...

Economic Complexity (2019): 0.76, Rnk 1 / 43

Overview: This page contains the latest international trade data for Dallas-Fort Worth, TX, including export and import data.

Exports: In 2019, United States' Dallas-fort Worth, Tx exported $25.3B, making it the 18th largest exporter out of the 43 exporters in United States. In 2019 the top exports of Dallas-fort Worth, Tx were Aircraft parts nes ($4.35B), Electronic integrated circuits: processors and controllers,... ($3.33B), Machines and apparatus of a kind... ($3.22B), Electronic integrated circuits: n.e.c. in heading... ($1.33B), and Communication apparatus (excluding telephone sets or... ($1.26B).

Imports: In 2019, United States' Dallas-fort Worth, Tx imported $54.1B, making it the 14th largest importer out of the 43 importers in United States. In 2019 top imports of Dallas-fort Worth, Tx were Telephones for cellular networks or for... ($13.4B), Communication apparatus (excluding telephone sets or... ($4.13B), Petroleum oils, oils from bituminous minerals,... ($2.8B), Commodities not specified according to kind ($2.7B), and Blood, toxins, cultures, medical use, nes ($1.53B).

Economic Complexity: In 2019, the highest complexity exports of Dallas-fort Worth, Tx according to the product complexity index (PCI) are Developed Exposed Photographic Material (2.52), Disc Chemicals for Electronics (2.25), Cermets (2.2), Tool Plates (1.98), and Chemical Analysis Instruments (1.78). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

#permalink to section
Value
Depth
Year

Top Destination (2019): South Korea, $3.81B

Top Product (2019): Aircraft parts nes, $4.35B

In 2019 the top export destinations of Dallas-fort Worth, Tx were South Korea ($3.81B), Taiwan ($2.66B), China ($2.45B), Japan ($1.87B), and Singapore ($1.38B).

In 2019 the top exports of Dallas-fort Worth, Tx were Aircraft parts nes ($4.35B), Electronic integrated circuits: processors and controllers,... ($3.33B), Machines and apparatus of a kind... ($3.22B), Electronic integrated circuits: n.e.c. in heading... ($1.33B), and Communication apparatus (excluding telephone sets or... ($1.26B).

Export Dynamics

#permalink to section

Fastest Growing Exports Destination (July 2019 - July 2020)

Rapidly Declining Export Origins (July 2019 - July 2020)

Yearly Imports

#permalink to section
Value
Depth
Year

Top Origin (2019): China, $16B

Top Import (2019): Telephones for cellular networks or for..., $13.4B

In 2019 the top import origins of Dallas-fort Worth, Tx were China ($16B), Vietnam ($9.67B), South Korea ($4.56B), Canada ($3.24B), and Japan ($2.21B).

In 2019 the top imports of Dallas-fort Worth, Tx were Telephones for cellular networks or for... ($13.4B), Communication apparatus (excluding telephone sets or... ($4.13B), Petroleum oils, oils from bituminous minerals,... ($2.8B), Commodities not specified according to kind ($2.7B), and Blood, toxins, cultures, medical use, nes ($1.53B).

Import Dynamics

#permalink to section

Fastest Growing Import Origins (July 2019 - July 2020)

Rapidly Declining Import Origins (July 2019 - July 2020)

Comparison in Time

#permalink to section
Flow
Value

This section shows differences between total trade from Dallas-Fort Worth, TX throughout time.

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

Explore Forecasts

Economic Complexity

#permalink to section

Economic Complexity of United States

#permalink to section

Dallas-fort Worth, Tx ranks 1st out of the 43 districts in United States according to ECI.

Estimated using exports data.

Discover Economic Complexity

Export Opportunities by Relatedness

#permalink to section

The top export opportunities according to the relatedness level, without considering those products were Dallas-fort Worth, Tx already has a comparative advantage, are led by X-Ray Equipment (0.14), Halides (0.14), Non-optical Microscopes (0.14), Photo Lab Equipment (0.14), and Photographic Film (0.14).

Most Complex Products by PCI

#permalink to section

The highest complexity exports of Dallas-fort Worth, Tx according to the product complexity index (PCI) are Developed Exposed Photographic Material (2.52), Disc Chemicals for Electronics (2.25), Cermets (2.2), Tool Plates (1.98), and Chemical Analysis Instruments (1.78). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

#permalink to section

The most specialized products according to the RCA index are led by Aircraft Parts (33.3), Special Pharmaceuticals (15.3), Weapons Parts and Accessories (9.23), Electric Musical Instruments (8.88), and Telephones (7.65).

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 Dallas-fort Worth, Tx 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

#permalink to section

This network shows the products most related to the production structure of  Dallas-fort Worth, Tx. These are products that tend to be co-exported with the products that Dallas-fort Worth, Tx exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

#permalink to section
Depth
Filter

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.