Philadelphia, Pa

District in Pennsylvania, State of United States

2019
Economic
Complexity
: 0.57, Rank 8 of 39

Jan 2021
Trade
Exports | Imports
: $1.38B | $4.31B, 25 of 43 | 13 of 42

Jan 2021
Country
Destination | Origin
: United Kingdom | Switzerland , $166M  | $737M

Jan 2021
Product
Exports | Imports
: Petroleum Gas | Packaged Medicaments , $175M  | $970M

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

Exports: In 2020, United States' Philadelphia, Pa exported $14.6B, making it the 24th largest exporter out of the 43 exporters in United States. In 2020 the top exports of Philadelphia, Pa were Propane, liquefied ($1.21B), Aircraft parts nes ($667M), Large Sized Cars ($567M), Butanes, liquefied ($383M), and Saturated acyclic hydrocarbons ($302M).

Imports: In 2020, United States' Philadelphia, Pa imported $54.1B, making it the 13th largest importer out of the 43 importers in United States. In 2020 top imports of Philadelphia, Pa were Medicaments nes, in dosage ($8.89B), Petroleum oils, oils from bituminous minerals,... ($3.61B), Medium Sized Cars ($2.57B), Telephones for cellular networks or for... ($2.43B), and Blood, human or animal, antisera, other... ($2.08B).

Economic Complexity: In 2019, the highest complexity exports of Philadelphia, Pa according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.2), Tool Plates (1.96), Cermets (1.87), Other Measuring Instruments (1.86), and Other Esters (1.85). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

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This section shows the differences between Philadelphia, PA's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit United States's country profile.

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Yearly Exports

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Top Destination (2020): United Kingdom, $1.97B

Top Product (2020): Propane, liquefied, $1.21B

In 2020 the top export destinations of Philadelphia, Pa were United Kingdom ($1.97B), Germany ($1.44B), Netherlands ($1.27B), France ($843M), and Australia ($752M).

In 2020 the top exports of Philadelphia, Pa were Propane, liquefied ($1.21B), Aircraft parts nes ($667M), Large Sized Cars ($567M), Butanes, liquefied ($383M), and Saturated acyclic hydrocarbons ($302M).

Exports Dynamics

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Fastest Growing Exports Destination (Jan 2020 - Jan 2021)

Rapidly Declining Export Origins (Jan 2020 - Jan 2021)

Yearly Imports

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Top Origin (2020): China, $6.32B

Top Import (2020): Medicaments nes, in dosage, $8.89B

In 2020 the top import origins of Philadelphia, Pa were China ($6.32B), Switzerland ($6.32B), Germany ($4.59B), South Korea ($4.15B), and United Kingdom ($3.47B).

In 2020 the top imports of Philadelphia, Pa were Medicaments nes, in dosage ($8.89B), Petroleum oils, oils from bituminous minerals,... ($3.61B), Medium Sized Cars ($2.57B), Telephones for cellular networks or for... ($2.43B), and Blood, human or animal, antisera, other... ($2.08B).

Imports Dynamics

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Fastest Growing Import Origins (Jan 2020 - Jan 2021)

Rapidly Declining Import Origins (Jan 2020 - Jan 2021)

Economic Complexity

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Economic Complexity of United States

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

Estimated using exports data.

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Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Philadelphia, Pa already has a comparative advantage, are led by Developed Exposed Photographic Material (0.37), Halides (0.37), Photo Lab Equipment (0.35), Photographic Film (0.35), and Artificial Filament Tow (0.34).

Most Complex Products by PCI

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The highest complexity exports of Philadelphia, Pa according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.2), Tool Plates (1.96), Cermets (1.87), Other Measuring Instruments (1.86), and Other Esters (1.85). 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 Military Weapons (156), Opto-Electric Instrument Parts (71.9), Nickel Bars (45), Nickel Sheets (38.9), and Explosive Ammunition (29).

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 Philadelphia, Pa 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  Philadelphia, Pa. These are products that tend to be co-exported with the products that Philadelphia, Pa 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.