St. Albans, Vt

District in Vermont, state of United States

Exports (2019): $2.52B, Rnk 38/43

Top Destination (2019): $2.29B, Canada

Top Export (2019): $534M, Electronic integrated circuits: processors and controllers,...

Imports (2019): $8.77B, Rnk 39/43

Top Origin (2019): $8.08B, Canada

Top Import (2019): $1.05B, Fixed wing aircraft, unladen weight >...

Economic Complexity (2019): 0.25, Rnk 28 / 43

Overview: This page contains the latest international trade data for St. Albans, VT, including export and import data.

Exports: In 2019, United States' St. Albans, Vt exported $2.52B, making it the 38th largest exporter out of the 43 exporters in United States. In 2019 the top exports of St. Albans, Vt were Electronic integrated circuits: processors and controllers,... ($534M), Aircraft parts nes ($374M), Electronic integrated circuits: n.e.c. in heading... ($177M), Physical exercise, gymnasium and athletics equipment ($60.8M), and Waste and scrap of precious metals:... ($56.5M).

Imports: In 2019, United States' St. Albans, Vt imported $8.77B, making it the 39th largest importer out of the 43 importers in United States. In 2019 top imports of St. Albans, Vt were Fixed wing aircraft, unladen weight >... ($1.05B), Electronic integrated circuits: processors and controllers,... ($1.01B), Fixed wing aircraft, unladen weight 2,000-15,000... ($600M), Parts of turbo-jet or turbo-propeller engines ($371M), and Natural gas in gaseous state ($367M).

Economic Complexity: In 2019, the highest complexity exports of St. Albans, Vt according to the product complexity index (PCI) are Non-Mechanical Removal Machinery (2.04), Metal Lathes (1.86), Fork-Lifts (1.71), Vegetable Parchment (1.64), and Tensile Testing Machines (1.64). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Value
Depth
Year

Top Destination (2019): Canada, $2.29B

Top Product (2019): Electronic integrated circuits: processors and controllers,..., $534M

In 2019 the top export destinations of St. Albans, Vt were Canada ($2.29B), Switzerland ($34.7M), Netherlands ($27.3M), Norway ($23.8M), and United Kingdom ($23.5M).

In 2019 the top exports of St. Albans, Vt were Electronic integrated circuits: processors and controllers,... ($534M), Aircraft parts nes ($374M), Electronic integrated circuits: n.e.c. in heading... ($177M), Physical exercise, gymnasium and athletics equipment ($60.8M), and Waste and scrap of precious metals:... ($56.5M).

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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Value
Depth
Year

Top Origin (2019): Canada, $8.08B

Top Import (2019): Fixed wing aircraft, unladen weight >..., $1.05B

In 2019 the top import origins of St. Albans, Vt were Canada ($8.08B), China ($144M), Germany ($64.2M), India ($53.9M), and Italy ($39.5M).

In 2019 the top imports of St. Albans, Vt were Fixed wing aircraft, unladen weight >... ($1.05B), Electronic integrated circuits: processors and controllers,... ($1.01B), Fixed wing aircraft, unladen weight 2,000-15,000... ($600M), Parts of turbo-jet or turbo-propeller engines ($371M), and Natural gas in gaseous state ($367M).

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 St. Albans, VT throughout time.

This section shows forecasts for total exports and imports from St. Albans, VT. 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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St. Albans, Vt ranks 28th 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 St. Albans, Vt already has a comparative advantage, are led by Electric Soldering Equipment (0.21), Newsprint (0.2), Other Printed Material (0.2), Cutting Blades (0.2), and Abrasive Powder (0.2).

Most Complex Products by PCI

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The highest complexity exports of St. Albans, Vt according to the product complexity index (PCI) are Non-Mechanical Removal Machinery (2.04), Metal Lathes (1.86), Fork-Lifts (1.71), Vegetable Parchment (1.64), and Tensile Testing Machines (1.64). 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 Synthetic Monofilament (86.8), Granite (36.6), Facial Tissue (30), Plaster Articles (28.7), and Aircraft Parts (28.5).

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 St. Albans, Vt 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  St. Albans, Vt. These are products that tend to be co-exported with the products that St. Albans, Vt 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.