Milwaukee, Wi

District in Wisconsin, state of United States

Exports (2019): $315M, Rnk 43/43

Top Destination (2019): $130M, Canada

Top Export (2019): $139M, Aircraft parts nes

Imports (2019): $1.04B, Rnk 41/43

Top Origin (2019): $300M, China

Top Import (2019): $117M, Flat rolled iron or non-alloy steel,...

Economic Complexity (2019): 0.56, Rnk 8 / 43

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

Exports: In 2019, United States' Milwaukee, Wi exported $315M, making it the 43rd largest exporter out of the 43 exporters in United States. In 2019 the top exports of Milwaukee, Wi were Aircraft parts nes ($139M), Light petroleum distillates nes ($44.4M), Petroleum spirit for motor vehicles ($42.4M), Soya beans: other than seed, whether... ($28.5M), and Ethyl alcohol and other spirits, denatured ($27.3M).

Imports: In 2019, United States' Milwaukee, Wi imported $1.04B, making it the 41st largest importer out of the 43 importers in United States. In 2019 top imports of Milwaukee, Wi were Flat rolled iron or non-alloy steel,... ($117M), Parts for spark-ignition engines except aircraft ($87.5M), Engines, diesel except motor vehicle/marine ($58.9M), Salt (sodium chloride) including solution, salt... ($47.5M), and Transmission shafts and cranks, cam and... ($39M).

Economic Complexity: In 2019, the highest complexity exports of Milwaukee, Wi according to the product complexity index (PCI) are Motor-working Tools (1.56), Cutting Blades (1.51), Transmissions (1.49), Blank Audio Media (1.48), and Micro-Organism Culture Preparations (1.21). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Year

Top Destination (2019): Canada, $130M

Top Product (2019): Aircraft parts nes, $139M

In 2019 the top export destinations of Milwaukee, Wi were Canada ($130M), United Kingdom ($68.5M), Mexico ($62.6M), France ($23.2M), and Spain ($7.82M).

In 2019 the top exports of Milwaukee, Wi were Aircraft parts nes ($139M), Light petroleum distillates nes ($44.4M), Petroleum spirit for motor vehicles ($42.4M), Soya beans: other than seed, whether... ($28.5M), and Ethyl alcohol and other spirits, denatured ($27.3M).

Export Dynamics

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Fastest Growing Exports Destination (July 2019 - July 2020)

Rapidly Declining Export Origins (July 2019 - July 2020)

Yearly Imports

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Depth
Year

Top Origin (2019): China, $300M

Top Import (2019): Flat rolled iron or non-alloy steel,..., $117M

In 2019 the top import origins of Milwaukee, Wi were China ($300M), Canada ($134M), Netherlands ($116M), Italy ($101M), and South Korea ($61.9M).

In 2019 the top imports of Milwaukee, Wi were Flat rolled iron or non-alloy steel,... ($117M), Parts for spark-ignition engines except aircraft ($87.5M), Engines, diesel except motor vehicle/marine ($58.9M), Salt (sodium chloride) including solution, salt... ($47.5M), and Transmission shafts and cranks, cam and... ($39M).

Import Dynamics

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Fastest Growing Import Origins (July 2019 - July 2020)

Rapidly Declining Import Origins (July 2019 - July 2020)

Comparison in Time

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This section shows differences between total trade from Milwaukee, WI throughout time.

This section shows forecasts for total exports and imports from Milwaukee, WI. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

Explore Forecasts

Economic Complexity

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Economic Complexity of United States

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Milwaukee, Wi ranks 8th out of the 43 districts in United States according to ECI.

Estimated using exports data.

Discover Economic Complexity

Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Milwaukee, Wi already has a comparative advantage, are led by Chemical Analysis Instruments (0.03), Orthopedic Appliances (0.028), Other Measuring Instruments (0.027), Liquid Pumps (0.027), and Laboratory Reagents (0.026).

Most Complex Products by PCI

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The highest complexity exports of Milwaukee, Wi according to the product complexity index (PCI) are Motor-working Tools (1.56), Cutting Blades (1.51), Transmissions (1.49), Blank Audio Media (1.48), and Micro-Organism Culture Preparations (1.21). 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 Alcohol > 80% ABV (178), Aircraft Parts (84.6), Soybeans (26.6), Refined Petroleum (7.68), and Micro-Organism Culture Preparations (6.33).

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 Milwaukee, Wi 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  Milwaukee, Wi. These are products that tend to be co-exported with the products that Milwaukee, Wi 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.