Detroit, Mi

District in Michigan, State of United States

2019
Economic
Complexity
: 0.25, Rank 27 of 39

Jan 2021
Trade
Exports | Imports
: $9.34B | $10.7B, 5 of 43 | 6 of 42

Jan 2021
Country
Destination | Origin
: Canada | Canada , $8.73B  | $8.32B

Jan 2021
Product
Exports | Imports
: Cars | Cars , $701M  | $1.9B

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

Exports: In 2020, United States' Detroit, Mi exported $109B, making it the 4th largest exporter out of the 43 exporters in United States. In 2020 the top exports of Detroit, Mi were Spark ignition engine trucks weighing <... ($4.63B), Large Sized Cars ($3.8B), Engines, spark-ignition reciprocating, over 1000 cc ($2.91B), Parts and accessories of bodies nes... ($2.7B), and Medium Sized Cars ($2.66B).

Imports: In 2020, United States' Detroit, Mi imported $116B, making it the 6th largest importer out of the 43 importers in United States. In 2020 top imports of Detroit, Mi were Medium Sized Cars ($8.84B), Large Sized Cars ($8.49B), Commodities not specified according to kind ($5.52B), Hormones nes, except contraceptives, in dosage ($4.47B), and Small Sized Cars ($4.01B).

Economic Complexity: In 2019, the highest complexity exports of Detroit, Mi according to the product complexity index (PCI) are Silicone (1.83), Iron Fasteners (1.81), Blank Audio Media (1.74), Electric Soldering Equipment (1.72), and Fork-Lifts (1.67). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

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This section shows the differences between Detroit, MI'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): Canada, $102B

Top Product (2020): Spark ignition engine trucks weighing <..., $4.63B

In 2020 the top export destinations of Detroit, Mi were Canada ($102B), United Kingdom ($1.27B), Germany ($1.18B), France ($878M), and Italy ($612M).

In 2020 the top exports of Detroit, Mi were Spark ignition engine trucks weighing <... ($4.63B), Large Sized Cars ($3.8B), Engines, spark-ignition reciprocating, over 1000 cc ($2.91B), Parts and accessories of bodies nes... ($2.7B), and Medium Sized Cars ($2.66B).

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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Top Origin (2020): Canada, $92.3B

Top Import (2020): Medium Sized Cars, $8.84B

In 2020 the top import origins of Detroit, Mi were Canada ($92.3B), Denmark ($4.32B), China ($4.27B), Germany ($2.67B), and South Korea ($1.63B).

In 2020 the top imports of Detroit, Mi were Medium Sized Cars ($8.84B), Large Sized Cars ($8.49B), Commodities not specified according to kind ($5.52B), Hormones nes, except contraceptives, in dosage ($4.47B), and Small Sized Cars ($4.01B).

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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Detroit, Mi ranks 27th 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 Detroit, Mi already has a comparative advantage, are led by Laboratory Glassware (0.41), Orthopedic Appliances (0.41), Combustion Engines (0.4), Technical Use Textiles (0.4), and Animal Fat (0.4).

Most Complex Products by PCI

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The highest complexity exports of Detroit, Mi according to the product complexity index (PCI) are Silicone (1.83), Iron Fasteners (1.81), Blank Audio Media (1.74), Electric Soldering Equipment (1.72), and Fork-Lifts (1.67). 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 Lettuce (10.6), Glass Mirrors (10.2), Asphalt (9.89), Spark-Ignition Engines (9.38), and Delivery Trucks (8.56).

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 Detroit, Mi 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  Detroit, Mi. These are products that tend to be co-exported with the products that Detroit, Mi 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.