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Overview This page contains the latest international trade data for Seattle, WA. In August 2024 Seattle, WA was the number 10 in total exports and the number 12 in total imports in United States.

Exports In 2023, United States' Seattle, Wa exported $66.5B, making it the 10th largest exporter out of the 43 exporters in United States. In 2023 the top exports of Seattle, Wa were Other Aircraft parts ($18.2B), Light petroleum distillates nes ($2.65B), Electronic integrated circuits: processors and controllers,... ($2.08B), Soya beans: other than seed, whether... ($1.85B), and Soya bean flour or meal ($1.43B).

Imports In 2023, United States' Seattle, Wa imported $90.5B, making it the 12th largest importer out of the 43 importers in United States. In 2023 top imports of Seattle, Wa were Petroleum oils, oils from bituminous minerals,... ($8.47B), Medium Sized Cars ($3.75B), Natural gas in gaseous state ($2.47B), Commodities not specified according to kind ($2.44B), and Aircraft parts (excl. propellers/rotors, undercarriages) ($2.03B).

Economic Complexity In 2023, the highest complexity exports of Seattle, Wa according to the product complexity index (PCI) are Photographic Film (2.06), Disc Chemicals for Electronics (2.04), Oscilloscopes (1.81), Fork-Lifts (1.63), Nickel Sheets (1.58), Hydrides and other anions (1.55), Tensile Testing Machines (1.44), Other Nickel Products (1.31), Casting Machines (1.16), and Other Stone Articles (1.1). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

Yearly Exports

Color
Depth
Top Destination (2023)Canada$19.6B
Top Product (2023)Other Aircraft parts$18.2B

In 2023 the top export destinations of Seattle, Wa were Canada ($19.6B), China ($7.53B), Japan ($4.18B), South Korea ($2.89B), and Ireland ($2.86B).

In 2023 the top exports of Seattle, Wa were Other Aircraft parts ($18.2B), Light petroleum distillates nes ($2.65B), Electronic integrated circuits: processors and controllers,... ($2.08B), Soya beans: other than seed, whether... ($1.85B), and Soya bean flour or meal ($1.43B).

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Exports Dynamics

Fastest Growing Exports Destination (Aug 2023 - Aug 2024)
Malaysia $773M (1.74k%)
Germany $234M (476%)
Rapidly Declining Export Origins (Aug 2023 - Aug 2024)
Saudi Arabia -$194M (-93.4%)
Canada -$191M (-10.7%)
Turkey -$170M (-95.3%)

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Yearly Imports

Color
Depth
Top Origin (2023)Canada$27.1B

In 2023 the top import origins of Seattle, Wa were Canada ($27.1B), China ($12.3B), Japan ($10.6B), South Korea ($9.04B), and Vietnam ($5.03B).

In 2023 the top imports of Seattle, Wa were Petroleum oils, oils from bituminous minerals,... ($8.47B), Medium Sized Cars ($3.75B), Natural gas in gaseous state ($2.47B), Commodities not specified according to kind ($2.44B), and Aircraft parts (excl. propellers/rotors, undercarriages) ($2.03B).

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Imports Dynamics

Fastest Growing Import Origins (Aug 2023 - Aug 2024)
Chinese Taipei $317M (154%)
Japan $161M (19.9%)
Brazil $79.6M (174%)
Rapidly Declining Import Origins (Aug 2023 - Aug 2024)
Canada -$267M (-10.7%)
South Korea -$63.1M (-6.77%)
United Kingdom -$21.2M (-32.3%)

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Economic Complexity

Economic Complexity of Seattle, Wa

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Economic Complexity (2023)-0.12

Seattle, Wa ranks 38th out of the 43 districts in United States according to ECI.

The Economic Complexity Index, or ECI, is a measure of an economy’s capacity which can be inferred from data connecting locations to the activities that are present in them. For more info about Economic Complexity, visit the Economic Complexity page.

Estimated using exports data.

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Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were Seattle, Wa already has a comparative advantage, are led by Wool (0.28), Bovine Meat (0.28), Gold (0.28), Non-fillet Fresh Fish (0.27), and Boron (0.27).

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Most Complex Products by PCI

The highest complexity exports of Seattle, Wa according to the product complexity index (PCI) are Photographic Film (2.06), Disc Chemicals for Electronics (2.04), Oscilloscopes (1.81), Fork-Lifts (1.63), Nickel Sheets (1.58), Hydrides and other anions (1.55), Tensile Testing Machines (1.44), Other Nickel Products (1.31), Casting Machines (1.16), and Other Stone Articles (1.1). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

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Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Oil Seed Flower (481.28), Aircraft Parts (89.80), Hops (77.42), Forage Crops (61.49), and Hydrides and other anions (40.13).

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Product Space

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 Seattle, Wa 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.

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Relatedness Space

This network shows the products most related to the production structure of  Seattle, Wa. These are products that tend to be co-exported with the products that Seattle, Wa exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

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Diversification Frontier

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. Bubble size corresponds to exports value by year 2020.

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