Tampa, Fl

District in Florida, State of United States

2019
Economic
Complexity
: 0.28, Rank 23 of 39

Jan 2021
Trade
Exports | Imports
: $559M | $2.59B, 30 of 43 | 22 of 42

Jan 2021
Country
Destination | Origin
: Brazil | Japan , $151M  | $527M

Jan 2021
Product
Exports | Imports
: Cars | Cars , $91.5M  | $860M

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

Exports: In 2020, United States' Tampa, Fl exported $8.42B, making it the 29th largest exporter out of the 43 exporters in United States. In 2020 the top exports of Tampa, Fl were Aircraft parts nes ($827M), Medium Sized Cars ($626M), Fertilizers with nitrogen and phosphorus nes,... ($419M), Large Sized Cars ($367M), and Monoammonium phosphate & mix with diammonium,... ($342M).

Imports: In 2020, United States' Tampa, Fl imported $29.4B, making it the 21st largest importer out of the 43 importers in United States. In 2020 top imports of Tampa, Fl were Medium Sized Cars ($6.01B), Nucleic acids and their salts, other... ($3.22B), Large Sized Cars ($2.35B), Copper cathodes and sections of cathodes... ($1.47B), and Commodities not specified according to kind ($766M).

Economic Complexity: In 2019, the highest complexity exports of Tampa, Fl according to the product complexity index (PCI) are Iron Fasteners (1.81), Oscilloscopes (1.77), Chemical Analysis Instruments (1.7), Photographic Plates (1.69), and Fork-Lifts (1.67). 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 Tampa, FL'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): Brazil, $2.81B

Top Product (2020): Aircraft parts nes, $827M

In 2020 the top export destinations of Tampa, Fl were Brazil ($2.81B), Japan ($513M), Argentina ($455M), United Arab Emirates ($411M), and Mexico ($324M).

In 2020 the top exports of Tampa, Fl were Aircraft parts nes ($827M), Medium Sized Cars ($626M), Fertilizers with nitrogen and phosphorus nes,... ($419M), Large Sized Cars ($367M), and Monoammonium phosphate & mix with diammonium,... ($342M).

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): Japan, $5.49B

Top Import (2020): Medium Sized Cars, $6.01B

In 2020 the top import origins of Tampa, Fl were Japan ($5.49B), Ireland ($3.55B), Mexico ($3.17B), China ($2.62B), and Germany ($1.61B).

In 2020 the top imports of Tampa, Fl were Medium Sized Cars ($6.01B), Nucleic acids and their salts, other... ($3.22B), Large Sized Cars ($2.35B), Copper cathodes and sections of cathodes... ($1.47B), and Commodities not specified according to kind ($766M).

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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Tampa, Fl ranks 23rd 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 Tampa, Fl already has a comparative advantage, are led by X-Ray Equipment (0.22), Non-optical Microscopes (0.22), Nickel Sheets (0.21), Aircraft Launch Gear (0.21), and Halides (0.21).

Most Complex Products by PCI

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The highest complexity exports of Tampa, Fl according to the product complexity index (PCI) are Iron Fasteners (1.81), Oscilloscopes (1.77), Chemical Analysis Instruments (1.7), Photographic Plates (1.69), and Fork-Lifts (1.67). 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 Mixed Mineral or Chemical Fertilizers (93.2), Aircraft Parts (32.6), Dissolving Grades Chemical Woodpulp (31.9), Niobium, Tantalum, Vanadium and Zirconium Ore (31.4), and Phosphinates and Phosphonates (24).

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 Tampa, Fl 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  Tampa, Fl. These are products that tend to be co-exported with the products that Tampa, Fl 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.