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Overview This page contains the latest international trade data for Detroit, MI. In December 2023 Detroit, MI was the number 4 in total exports and the number 5 in total imports in United States.

Exports In 2023, United States' Detroit, Mi exported $144B, making it the 4th largest exporter out of the 43 exporters in United States. In 2023 the top exports of Detroit, Mi were Spark ignition Trucks < 5... ($6.1B), Large Sized Cars ($5.01B), Medium Sized Cars ($3.74B), Engines, spark-ignition reciprocating, over 1000 cc ($3.56B), and Others parts and accessories of bodies... ($3.27B).

Imports In 2023, United States' Detroit, Mi imported $156B, making it the 5th largest importer out of the 43 importers in United States. In 2023 top imports of Detroit, Mi were Medium Sized Cars ($11.7B), Medicaments nes, in dosage ($9.66B), Large Sized Cars ($7.39B), Commodities not specified according to kind ($6.63B), and Others parts and accessories of bodies... ($5.18B).

Economic Complexity In 2023, the highest complexity exports of Detroit, Mi according to the product complexity index (PCI) are Silicone (1.74), Lubricating Products (1.68), Fork-Lifts (1.63), Nickel Sheets (1.58), Transmissions (1.51), Metalworking Machine Parts (1.5), Electric Soldering Equipment (1.47), Gaskets (1.38), Liquid Pumps (1.38), and Combustion Engines (1.27). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

Yearly Exports

Color
Depth
Top Destination (2023)Canada$141B
Top Product (2023)Spark ignition Trucks < 5...$6.1B

In 2023 the top export destinations of Detroit, Mi were Canada ($141B), Germany ($1.69B), United Kingdom ($1.53B), France ($1.19B), and Netherlands ($624M).

In 2023 the top exports of Detroit, Mi were Spark ignition Trucks < 5... ($6.1B), Large Sized Cars ($5.01B), Medium Sized Cars ($3.74B), Engines, spark-ignition reciprocating, over 1000 cc ($3.56B), and Others parts and accessories of bodies... ($3.27B).

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Exports Dynamics

Fastest Growing Exports Destination (Dec 2022 - Dec 2023)
Ireland $5.33M (71.9%)
Japan $4.36M (113%)
Rapidly Declining Export Origins (Dec 2022 - Dec 2023)
Germany -$16.5M (-13.4%)
Netherlands -$13.6M (-21.4%)
Belgium -$12.2M (-31.2%)

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Yearly Imports

Color
Depth
Top Origin (2023)Canada$131B
Top Import (2023)Medium Sized Cars$11.7B

In 2023 the top import origins of Detroit, Mi were Canada ($131B), China ($6.16B), Germany ($5.63B), Ireland ($5.53B), and South Korea ($2.57B).

In 2023 the top imports of Detroit, Mi were Medium Sized Cars ($11.7B), Medicaments nes, in dosage ($9.66B), Large Sized Cars ($7.39B), Commodities not specified according to kind ($6.63B), and Others parts and accessories of bodies... ($5.18B).

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Imports Dynamics

Fastest Growing Import Origins (Dec 2022 - Dec 2023)
China $303M (78.9%)
Spain $41.2M (159%)
Sweden $41M (168%)
Rapidly Declining Import Origins (Dec 2022 - Dec 2023)
Canada -$657M (-6.35%)
Germany -$166M (-30.7%)
France -$114M (-73.1%)

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Economic Complexity

Economic Complexity of Detroit, Mi

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Economic Complexity (2023)0.29

Detroit, Mi ranks 22nd out of the 43 districts in United States according to ECI.

The Economic Complexity Index, or ECI, is a measure of an economy’s capacity which can be inferred from data connecting locations to the activities that are present in them. For more info about Economic Complexity, visit the Economic Complexity page.

Estimated using exports data.

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Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were Detroit, Mi already has a comparative advantage, are led by Other Stone Articles (0.43), Additive manufacturing machines (0.43), Coin (0.42), Other Iron Products (0.42), and Other Plastic Products (0.42).

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Most Complex Products by PCI

The highest complexity exports of Detroit, Mi according to the product complexity index (PCI) are Silicone (1.74), Lubricating Products (1.68), Fork-Lifts (1.63), Nickel Sheets (1.58), Transmissions (1.51), Metalworking Machine Parts (1.5), Electric Soldering Equipment (1.47), Gaskets (1.38), Liquid Pumps (1.38), and Combustion Engines (1.27). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

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Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Railway Passenger Cars (13.05), Nickel Ore (12.07), Spark-Ignition Engines (11.29), Glass Mirrors (9.88), and Lettuce (9.87).

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Product Space

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.

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Relatedness Space

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.

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Diversification Frontier

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. Bubble size corresponds to exports value by year 2020.

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