Los Angeles, CADistrict in California, State of United States
2020 Economic Complexity : 0.32, Rank 17 of 39
Aug 2021 Trade Exports | Imports: $9.59B | $32.4B, 5 of 43 | 1 of 42
Aug 2021 Country Destination | Origin: China | China , $2B | $13.7B
Aug 2021 Product Exports | Imports: Aircraft parts nes | Petroleum oils, oils from bituminous minerals, crude , $510M | $1.21B
Overview This page contains the latest international trade data for Los Angeles, CA, including export and import data.
Exports In 2020, United States' Los Angeles, Ca exported $107B, making it the 5th largest exporter out of the 43 exporters in United States. In 2020 the top exports of Los Angeles, Ca were Aircraft parts nes ($5.29B), Electronic integrated circuits: n.e.c. in heading... ($2.98B), Machines and apparatus of a kind... ($2.76B), Cotton, not carded or combed ($2.51B), and Communication apparatus (excluding telephone sets or... ($1.53B).
Imports In 2020, United States' Los Angeles, Ca imported $298B, making it the 1st largest importer out of the 43 importers in United States. In 2020 top imports of Los Angeles, Ca were Automatic data processing machines: portable, weighing... ($13.8B), Made up articles (textile) nes, textile... ($8.98B), Medium Sized Cars ($7.96B), Communication apparatus (excluding telephone sets or... ($7.5B), and Petroleum oils, oils from bituminous minerals,... ($6.23B).
Economic Complexity In 2020, the highest complexity exports of Los Angeles, Ca according to the product complexity index (PCI) are Developed Exposed Photographic Material (2.81), Metalworking Transfer Machines (2.32), Disc Chemicals for Electronics (2.2), Photographic Film (1.96), and Other Measuring Instruments (1.86). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
August, 2021
Overview In August 2021 Los Angeles, CA exported $9.59B and imported $32.4B, resulting in a negative trade balance of $22.8B. Between August 2020 and August 2021 the exports of Los Angeles, CA have increased by $598M (6.65%) from $8.99B to $9.59B, while imports increased by $4.98B (18.2%) from $27.4B to $32.4B.
Trade In August 2021, the top exports of Los Angeles, CA were Integrated Circuits ($668M), Aircraft Parts ($530M), Machines and apparatus of a kind... ($299M), Medical Instruments ($259M), and Frozen Bovine Meat ($220M). In August 2021 the top imports of Los Angeles, CA were Computers ($1.98B), Cars ($1.42B), Crude Petroleum ($1.21B), Telephones ($972M), and Video Displays ($781M).
Destinations In August 2021, Los Angeles, CA exported mostly to China ($2B), Japan ($983M), South Korea ($800M), Taiwan ($641M), and Germany ($541M), and imported mostly from China ($13.7B), Vietnam ($3.25B), Japan ($2.58B), Taiwan ($1.81B), and South Korea ($1.75B).
Growth In August 2021, the increase in Los Angeles, CA's year-by-year exports was explained primarily by an increase in exports to Germany ($246M or 83.1%), Ireland ($148M or 326%), and Taiwan ($134M or 26.5%), and product exports increase in Integrated Circuits ($217M or 48.1%), Diamonds ($161M or 480%), and Aircraft Parts ($138M or 35.2%). In August 2021, the increase in Los Angeles, CA's year-by-year imports was explained primarily by an increase in imports from Japan ($1.03B or 66.5%), Vietnam ($820M or 33.8%), and South Korea ($596M or 51.6%), and product imports increase in Crude Petroleum ($574M or 89.6%), Cars ($471M or 49.7%), and Diamonds ($337M or 547%).
EXPORT GROWTH (August 2020 - August 2021): $598M, (6.65%)
IMPORT GROWTH (August 2020 - August 2021): $4.98B, (18.2%)
This section shows exports and imports data at subnational level for Los Angeles, CA. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of Los Angeles, CA over time.
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Top Destination (2020): China, $23B
Top Product (2020): Aircraft parts nes, $5.29B
In 2020 the top export destinations of Los Angeles, Ca were China ($23B), Japan ($12.4B), South Korea ($9.96B), Australia ($6.93B), and Taiwan ($5.74B).
In 2020 the top exports of Los Angeles, Ca were Aircraft parts nes ($5.29B), Electronic integrated circuits: n.e.c. in heading... ($2.98B), Machines and apparatus of a kind... ($2.76B), Cotton, not carded or combed ($2.51B), and Communication apparatus (excluding telephone sets or... ($1.53B).
Fastest Growing Exports Destination (Aug 2020 - Aug 2021)
Rapidly Declining Export Origins (Aug 2020 - Aug 2021)
Top Origin (2020): China, $135B
Top Import (2020): Automatic data processing machines: portable, weighing..., $13.8B
In 2020 the top import origins of Los Angeles, Ca were China ($135B), Vietnam ($26.1B), Japan ($21.4B), Taiwan ($15.5B), and South Korea ($15.4B).
In 2020 the top imports of Los Angeles, Ca were Automatic data processing machines: portable, weighing... ($13.8B), Made up articles (textile) nes, textile... ($8.98B), Medium Sized Cars ($7.96B), Communication apparatus (excluding telephone sets or... ($7.5B), and Petroleum oils, oils from bituminous minerals,... ($6.23B).
Economic Complexity (2020): 0.32
Los Angeles, Ca ranks 17th 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.
The top export opportunities according to the relatedness level, without considering those products were Los Angeles, Ca already has a comparative advantage, are led by Photo Lab Equipment (0.4), Aircraft Launch Gear (0.4), Photographic Plates (0.39), Artificial Filament Tow (0.39), and Horses (0.38).
The highest complexity exports of Los Angeles, Ca according to the product complexity index (PCI) are Developed Exposed Photographic Material (2.81), Metalworking Transfer Machines (2.32), Disc Chemicals for Electronics (2.2), Photographic Film (1.96), and Other Measuring Instruments (1.86). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The most specialized products according to the RCA index are led by Borates (45.9), Forage Crops (42.0), Raw Cotton (28.2), Other Nuts (17.5), and Developed Exposed Photographic Material (16.7).
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 Los Angeles, Ca 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.
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.