Dallas-fort Worth, Tx

District in Texas, State of United States

2019
Economic
Complexity
: 0.68, Rank 2 of 39

Jan 2021
Trade
Exports | Imports
: $2.37B | $4.21B, 15 of 43 | 15 of 42

Jan 2021
Country
Destination | Origin
: South Korea | China , $584M  | $1.25B

Jan 2021
Product
Exports | Imports
: Machines and apparatus of a kind used solely or principally for the manufacture of semiconductor boules or wafers, semiconductor devices, electronic integrated circuits or flat panel displays | Telephones , $663M  | $1.02B

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

Exports: In 2020, United States' Dallas-fort Worth, Tx exported $23B, making it the 18th largest exporter out of the 43 exporters in United States. In 2020 the top exports of Dallas-fort Worth, Tx were Electronic integrated circuits: processors and controllers,... ($3.64B), Machines and apparatus of a kind... ($3.59B), Aircraft parts nes ($2.55B), Electronic integrated circuits: n.e.c. in heading... ($1.36B), and Communication apparatus (excluding telephone sets or... ($1.28B).

Imports: In 2020, United States' Dallas-fort Worth, Tx imported $45.5B, making it the 17th largest importer out of the 43 importers in United States. In 2020 top imports of Dallas-fort Worth, Tx were Telephones for cellular networks or for... ($8.25B), Communication apparatus (excluding telephone sets or... ($3.31B), Petroleum oils, oils from bituminous minerals,... ($2.71B), Commodities not specified according to kind ($2.56B), and Blood, toxins, cultures, medical use, nes ($1.92B).

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 (2.81), Disc Chemicals for Electronics (2.2), Tool Plates (1.96), Cermets (1.87), and Other Measuring Instruments (1.86). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

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Value
Reference Period

This section shows the differences between Dallas-Fort Worth, TX's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit United States's country profile.

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Yearly Exports

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Top Destination (2020): South Korea, $4.18B

Top Product (2020): Electronic integrated circuits: processors and controllers,..., $3.64B

In 2020 the top export destinations of Dallas-fort Worth, Tx were South Korea ($4.18B), Taiwan ($2.74B), China ($2.46B), Japan ($1.6B), and Singapore ($1.17B).

In 2020 the top exports of Dallas-fort Worth, Tx were Electronic integrated circuits: processors and controllers,... ($3.64B), Machines and apparatus of a kind... ($3.59B), Aircraft parts nes ($2.55B), Electronic integrated circuits: n.e.c. in heading... ($1.36B), and Communication apparatus (excluding telephone sets or... ($1.28B).

Exports Dynamics

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Fastest Growing Exports Destination (Jan 2020 - Jan 2021)

Rapidly Declining Export Origins (Jan 2020 - Jan 2021)

Yearly Imports

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Depth

Top Origin (2020): China, $13B

Top Import (2020): Telephones for cellular networks or for..., $8.25B

In 2020 the top import origins of Dallas-fort Worth, Tx were China ($13B), Vietnam ($7.4B), Canada ($3.23B), South Korea ($2.5B), and Ireland ($1.98B).

In 2020 the top imports of Dallas-fort Worth, Tx were Telephones for cellular networks or for... ($8.25B), Communication apparatus (excluding telephone sets or... ($3.31B), Petroleum oils, oils from bituminous minerals,... ($2.71B), Commodities not specified according to kind ($2.56B), and Blood, toxins, cultures, medical use, nes ($1.92B).

Imports Dynamics

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Fastest Growing Import Origins (Jan 2020 - Jan 2021)

Rapidly Declining Import Origins (Jan 2020 - Jan 2021)

Economic Complexity

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Economic Complexity of United States

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Dallas-fort Worth, Tx ranks 2nd 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 Dallas-fort Worth, Tx already has a comparative advantage, are led by Halides (0.15), X-Ray Equipment (0.15), Non-optical Microscopes (0.14), Photo Lab Equipment (0.14), and Photographic Film (0.14).

Most Complex Products by PCI

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The highest complexity exports of Dallas-fort Worth, Tx according to the product complexity index (PCI) are Developed Exposed Photographic Material (2.81), Disc Chemicals for Electronics (2.2), Tool Plates (1.96), Cermets (1.87), and Other Measuring Instruments (1.86). 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 Other Hides and Skins (112), Aircraft Parts (34.3), Special Pharmaceuticals (14.9), Unvulcanised Rubber Products (12.4), and Telephones (10.7).

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 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

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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

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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.