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Overview This page contains the latest international trade data for Honolulu, HI. In January 2024 Honolulu, HI was the number 37 in total exports and the number 40 in total imports in United States.

Exports In 2023, United States' Honolulu, Hi exported $3.33B, making it the 37th largest exporter out of the 43 exporters in United States. In 2023 the top exports of Honolulu, Hi were Other Aircraft parts ($1.08B), Fixed wing aircraft, unladen weight >... ($790M), Data Readers (Magnetic or Optical) ($87.4M), Instruments, appliances for medical, etc science,... ($83.4M), and Communication apparatus (excluding telephone sets or... ($77.9M).

Imports In 2023, United States' Honolulu, Hi imported $9.61B, making it the 40th largest importer out of the 43 importers in United States. In 2023 top imports of Honolulu, Hi were Commodities not specified according to kind ($595M), Petroleum spirit for motor vehicles ($461M), Parts and accessories of data processing... ($202M), Medium Sized Cars ($184M), and Light petroleum distillates nes ($183M).

Economic Complexity In 2023, the highest complexity exports of Honolulu, Hi according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.04), Non-Mechanical Removal Machinery (1.9), Oscilloscopes (1.81), Silicone (1.74), Polymer Ion-Exchangers (1.74), Drafting Tools (1.63), Chemical Analysis Instruments (1.63), Wrenches (1.61), Cermets (1.59), and Other Measuring Instruments (1.59). 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)Australia$1.47B
Top Product (2023)Other Aircraft parts $1.08B

In 2023 the top export destinations of Honolulu, Hi were Australia ($1.47B), New Zealand ($581M), Japan ($573M), Singapore ($460M), and Malaysia ($302M).

In 2023 the top exports of Honolulu, Hi were Other Aircraft parts ($1.08B), Fixed wing aircraft, unladen weight >... ($790M), Data Readers (Magnetic or Optical) ($87.4M), Instruments, appliances for medical, etc science,... ($83.4M), and Communication apparatus (excluding telephone sets or... ($77.9M).

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Exports Dynamics

Fastest Growing Exports Destination (Jan 2023 - Jan 2024)
Malaysia $70.1M (21k%)
Singapore $50.1M (368%)
Australia $50M (80.6%)
Rapidly Declining Export Origins (Jan 2023 - Jan 2024)
Philippines -$63.9M (-98.8%)
New Zealand -$3.34M (-43.2%)
Marshall Islands -$359k (-44.7%)

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Yearly Imports

Color
Depth
Top Origin (2023)South Korea$852M

In 2023 the top import origins of Honolulu, Hi were South Korea ($852M), Singapore ($844M), Japan ($678M), Malaysia ($553M), and China ($403M).

In 2023 the top imports of Honolulu, Hi were Commodities not specified according to kind ($595M), Petroleum spirit for motor vehicles ($461M), Parts and accessories of data processing... ($202M), Medium Sized Cars ($184M), and Light petroleum distillates nes ($183M).

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Imports Dynamics

Fastest Growing Import Origins (Jan 2023 - Jan 2024)
South Korea $25.4M (59%)
France $24.7M (370%)
Canada $11.7M (277%)
Rapidly Declining Import Origins (Jan 2023 - Jan 2024)
Singapore -$219M (-94.6%)
Malaysia -$103M (-85.8%)
Taiwan -$61.3M (-93.6%)

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Economic Complexity

Economic Complexity of Honolulu, Hi

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Economic Complexity (2023)0.52

Honolulu, Hi ranks 9th 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 Honolulu, Hi already has a comparative advantage, are led by Developed Exposed Photographic Material (0.19), Watch Movements (0.19), Precious Metal Compounds (0.19), Non-optical Microscopes (0.19), and Nickel Sheets (0.19).

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Most Complex Products by PCI

The highest complexity exports of Honolulu, Hi according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.04), Non-Mechanical Removal Machinery (1.9), Oscilloscopes (1.81), Silicone (1.74), Polymer Ion-Exchangers (1.74), Drafting Tools (1.63), Chemical Analysis Instruments (1.63), Wrenches (1.61), Cermets (1.59), and Other Measuring Instruments (1.59). 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 Aircraft Parts (86.94), Coin (39.70), Planes, Helicopters, and/or Spacecraft (36.72), Polymer Ion-Exchangers (20.19), and Wind Instruments (19.25).

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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 Honolulu, Hi 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  Honolulu, Hi. These are products that tend to be co-exported with the products that Honolulu, Hi 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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