Los Angeles, CaDistrict in California, State of United States
2019 Economic Complexity: 0.31, Rank 20 of 39
Jan 2021 Trade Exports | Imports: $8.36B | $25.7B, 6 of 43 | 1 of 42
Jan 2021 Country Destination | Origin: China | China , $1.97B | $11.2B
Jan 2021 Product Exports | Imports: Integrated Circuits | Computers , $491M | $1.79B
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 2019, 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 Chemicals (2.16), and Photographic Film (1.96). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Overview: In January 2021 Los Angeles, CA exported $8.36B and imported $25.7B, resulting in a negative trade balance of $17.4B. Between January 2020 and January 2021 the exports of Los Angeles, CA have decreased by $-460M (-5.21%) from $8.82B to $8.36B, while imports increased by $1.41B (5.81%) from $24.3B to $25.7B.
Trade: In January 2021, the top exports of Los Angeles, CA were Crude Petroleum ($4.06B), Refined Petroleum ($3.39B), Petroleum Gas ($2.86B), Commodities not elsewhere specified ($2.51B), and Soybeans ($2.1B). In January 2021 the top imports of Los Angeles, CA were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Los Angeles, CA exported mostly to China ($1.97B), Japan ($941M), South Korea ($747M), Hong Kong ($502M), and Taiwan ($495M), and imported mostly from China ($11.2B), Vietnam ($2.44B), Japan ($2B), Taiwan ($1.4B), and South Korea ($1.12B).
Growth: In January 2021, the decrease in Los Angeles, CA's year-by-year exports was explained primarily by an decrease in exports to Canada ($-604M or -22.6%), Netherlands ($-456M or -44.1%), and Mexico ($-453M or -5.04%), and product exports decrease in Crude Petroleum ($-1.53B or -27.3%), Refined Petroleum ($-882M or -53.2%), and Refined Petroleum ($-668M or -16.5%). In January 2021, the increase in Los Angeles, CA's year-by-year imports was explained primarily by an increase in imports from China ($1.85B or 59%), China ($1.79B or 20.1%), and Switzerland ($851M or 229%), and product imports increase in Computers ($1.32B or 78.1%), Other Precious Metal Products ($851M or 2.19k%), and Computers ($792M or 126%).
EXPORT GROWTH (January 2020 - January 2021): $-460M, (-5.21%)
IMPORT GROWTH (January 2020 - January 2021): $1.41B, (5.81%)
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.
This section shows the differences between Los Angeles, CA's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit United States's country profile.
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).
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).
Los Angeles, Ca ranks 20th out of the 43 districts in United States according to ECI.
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 (0.41), Photographic Plates (0.39), Epoxides (0.38), Fork-Lifts (0.37), and Gas Turbines (0.36).
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 Chemicals (2.16), and Photographic Film (1.96). 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 (39.7), Forage Crops (33.8), Raw Cotton (27.4), Other Nuts (18.6), and Aircraft Parts (15.6).
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.
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