New York City, Ny

District in New York, state of United States

Exports (2019): $134B, Rnk 2/43

Top Destination (2019): $15.2B, United Kingdom

Top Export (2019): $12.5B, Diamonds (jewellery) worked but not mounted...

Imports (2019): $242B, Rnk 2/43

Top Origin (2019): $40.7B, China

Top Import (2019): $13.8B, Diamonds (jewellery) worked but not mounted...

Economic Complexity (2019): 0.47, Rnk 10 / 43

Overview: This page contains the latest international trade data for New York City, NY, including export and import data.

Exports: In 2019, United States' New York City, Ny exported $134B, making it the 2nd largest exporter out of the 43 exporters in United States. In 2019 the top exports of New York City, Ny were Diamonds (jewellery) worked but not mounted... ($12.5B), Aircraft parts nes ($10.6B), Paintings/drawings/pastels executed by hand ($6.85B), Jewellery and parts of precious metal... ($6.7B), and Gold in unwrought forms non-monetary ($6.04B).

Imports: In 2019, United States' New York City, Ny imported $242B, making it the 2nd largest importer out of the 43 importers in United States. In 2019 top imports of New York City, Ny were Diamonds (jewellery) worked but not mounted... ($13.8B), Commodities not specified according to kind ($12.2B), Petroleum spirit for motor vehicles ($10B), Medium Sized Cars ($6.55B), and Medicaments nes, in dosage ($6.12B).

Economic Complexity: In 2019, the highest complexity exports of New York City, Ny according to the product complexity index (PCI) are Developed Exposed Photographic Material (2.52), Cermets (2.2), Photographic Chemicals (2.17), Photographic Film (1.89), and Silicone (1.81). 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): United Kingdom, $15.2B

Top Product (2019): Diamonds (jewellery) worked but not mounted..., $12.5B

In 2019 the top export destinations of New York City, Ny were United Kingdom ($15.2B), Germany ($10.1B), China ($9.22B), Switzerland ($8.49B), and Hong Kong ($7.73B).

In 2019 the top exports of New York City, Ny were Diamonds (jewellery) worked but not mounted... ($12.5B), Aircraft parts nes ($10.6B), Paintings/drawings/pastels executed by hand ($6.85B), Jewellery and parts of precious metal... ($6.7B), and Gold in unwrought forms non-monetary ($6.04B).

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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Year

Top Origin (2019): China, $40.7B

Top Import (2019): Diamonds (jewellery) worked but not mounted..., $13.8B

In 2019 the top import origins of New York City, Ny were China ($40.7B), India ($18.6B), Germany ($16B), Italy ($15.5B), and France ($14B).

In 2019 the top imports of New York City, Ny were Diamonds (jewellery) worked but not mounted... ($13.8B), Commodities not specified according to kind ($12.2B), Petroleum spirit for motor vehicles ($10B), Medium Sized Cars ($6.55B), and Medicaments nes, in dosage ($6.12B).

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 New York City, NY throughout time.

This section shows forecasts for total exports and imports from New York City, NY. 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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New York City, Ny ranks 10th 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 New York City, Ny already has a comparative advantage, are led by Photo Lab Equipment (0.37), Artificial Filament Tow (0.36), Planes, Helicopters, and/or Spacecraft (0.36), Fork-Lifts (0.36), and Photographic Paper (0.35).

Most Complex Products by PCI

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The highest complexity exports of New York City, Ny according to the product complexity index (PCI) are Developed Exposed Photographic Material (2.52), Cermets (2.2), Photographic Chemicals (2.17), Photographic Film (1.89), and Silicone (1.81). 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 Paintings (61), Sculptures (49.4), Antiques (37.8), Precious Stones (30.8), and Military Weapons (23).

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 New York City, Ny 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  New York City, Ny. These are products that tend to be co-exported with the products that New York City, Ny 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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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.