Savannah, Ga

District in Georgia, State of United States

2019
Economic
Complexity
: 0.31, Rank 21 of 39

Jan 2021
Trade
Exports | Imports
: $4B | $10.8B, 11 of 43 | 5 of 42

Jan 2021
Country
Destination | Origin
: China | China , $565M  | $2.16B

Jan 2021
Product
Exports | Imports
: Cars | Cars , $588M  | $1.01B

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

Exports: In 2020, United States' Savannah, Ga exported $50.5B, making it the 10th largest exporter out of the 43 exporters in United States. In 2020 the top exports of Savannah, Ga were Aircraft parts nes ($5.53B), Medium Sized Cars ($3.63B), Cotton, not carded or combed ($1.77B), Large Diesel Engine Cars ($1.55B), and Medicaments nes, in dosage ($1.49B).

Imports: In 2020, United States' Savannah, Ga imported $120B, making it the 5th largest importer out of the 43 importers in United States. In 2020 top imports of Savannah, Ga were Medicaments nes, in dosage ($7.03B), Medium Sized Cars ($6.98B), Blood, human or animal, antisera, other... ($5.13B), Commodities not specified according to kind ($3.65B), and Food preparations nes ($3.27B).

Economic Complexity: In 2019, the highest complexity exports of Savannah, Ga according to the product complexity index (PCI) are Cermets (1.87), Halides (1.86), Silicone (1.83), Chemical Analysis Instruments (1.7), and Photographic Plates (1.69). 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 Savannah, GA'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): China, $7.69B

Top Product (2020): Aircraft parts nes, $5.53B

In 2020 the top export destinations of Savannah, Ga were China ($7.69B), Germany ($5.77B), United Kingdom ($2.9B), Netherlands ($2.41B), and France ($2.29B).

In 2020 the top exports of Savannah, Ga were Aircraft parts nes ($5.53B), Medium Sized Cars ($3.63B), Cotton, not carded or combed ($1.77B), Large Diesel Engine Cars ($1.55B), and Medicaments nes, in dosage ($1.49B).

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, $24.2B

Top Import (2020): Medicaments nes, in dosage, $7.03B

In 2020 the top import origins of Savannah, Ga were China ($24.2B), Germany ($10.4B), South Korea ($9.03B), Japan ($8.13B), and Singapore ($6.16B).

In 2020 the top imports of Savannah, Ga were Medicaments nes, in dosage ($7.03B), Medium Sized Cars ($6.98B), Blood, human or animal, antisera, other... ($5.13B), Commodities not specified according to kind ($3.65B), and Food preparations nes ($3.27B).

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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Savannah, Ga ranks 21st 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 Savannah, Ga already has a comparative advantage, are led by Developed Exposed Photographic Material (0.31), Non-optical Microscopes (0.3), Photographic Film (0.3), Epoxides (0.3), and Nickel Sheets (0.29).

Most Complex Products by PCI

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The highest complexity exports of Savannah, Ga according to the product complexity index (PCI) are Cermets (1.87), Halides (1.86), Silicone (1.83), Chemical Analysis Instruments (1.7), and Photographic Plates (1.69). 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 Kaolin (77.9), Raw Cotton (33.4), Dissolving Grades Chemical Woodpulp (32.2), Aircraft Parts (27.4), and Photographic Paper (25).

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 Savannah, Ga 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  Savannah, Ga. These are products that tend to be co-exported with the products that Savannah, Ga 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.