Washington, DcDistrict in District of Columbia, State of United States
2019 Economic Complexity: 0.61, Rank 6 of 39
Jan 2021 Trade Exports | Imports: $413M | $728M, 32 of 43 | 36 of 42
Jan 2021 Country Destination | Origin: Netherlands | Belgium , $55.7M | $323M
Jan 2021 Product Exports | Imports: Aircraft Parts | Blood, antisera, vaccines, toxins and cultures , $83.5M | $191M
Overview: This page contains the latest international trade data for Washington, DC, including export and import data.
Exports: In 2020, United States' Washington, Dc exported $4.53B, making it the 33rd largest exporter out of the 43 exporters in United States. In 2020 the top exports of Washington, Dc were Aircraft parts nes ($960M), Composite diagnostic or laboratory reagents, nes ($222M), Commodities not specified according to kind ($168M), Blood, human or animal, antisera, other... ($133M), and Spacecraft: (including satellites) and suborbital and... ($106M).
Imports: In 2020, United States' Washington, Dc imported $8.42B, making it the 35th largest importer out of the 43 importers in United States. In 2020 top imports of Washington, Dc were Vaccines, human use ($2.84B), Medicaments nes, in dosage ($1.49B), Nucleic acids and their salts, other... ($572M), Blood, human or animal, antisera, other... ($381M), and Commodities not specified according to kind ($292M).
Economic Complexity: In 2019, the highest complexity exports of Washington, Dc according to the product complexity index (PCI) are Other Measuring Instruments (1.86), Oscilloscopes (1.77), Non-optical Microscopes (1.71), Chemical Analysis Instruments (1.7), and LCDs (1.7). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Overview: In January 2021 Washington, DC exported $413M and imported $728M, resulting in a negative trade balance of $315M. Between January 2020 and January 2021 the exports of Washington, DC have decreased by $-91.7M (-18.2%) from $504M to $413M, while imports increased by $260M (55.5%) from $468M to $728M.
Trade: In January 2021, the top exports of Washington, DC were Crude Petroleum ($4.06B), Refined Petroleum ($3.39B), Petroleum Gas ($2.86B), Commodities not elsewhere specified ($2.51B), and Soybeans ($2.1B). In January 2021 the top imports of Washington, DC were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Washington, DC exported mostly to Netherlands ($55.7M), United Kingdom ($50.2M), Germany ($32.9M), Japan ($29.1M), and France ($26.8M), and imported mostly from Belgium ($323M), Denmark ($63.2M), Switzerland ($58.9M), United Kingdom ($53.7M), and Germany ($46.6M).
Growth: In January 2021, the decrease in Washington, DC's year-by-year exports was explained primarily by an decrease in exports to Canada ($-604M or -22.6%), Netherlands ($-456M or -44.1%), and Mexico ($-453M or -5.04%), and product exports decrease in Crude Petroleum ($-1.53B or -27.3%), Refined Petroleum ($-882M or -53.2%), and Refined Petroleum ($-668M or -16.5%). In January 2021, the increase in Washington, DC's year-by-year imports was explained primarily by an increase in imports from China ($1.85B or 59%), China ($1.79B or 20.1%), and Switzerland ($851M or 229%), and product imports increase in Computers ($1.32B or 78.1%), Other Precious Metal Products ($851M or 2.19k%), and Computers ($792M or 126%).
EXPORT GROWTH (January 2020 - January 2021): $-91.7M, (-18.2%)
IMPORT GROWTH (January 2020 - January 2021): $260M, (55.5%)
This section shows exports and imports data at subnational level for Washington, DC. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of Washington, DC over time.
This section shows the differences between Washington, DC's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit United States's country profile.
Top Destination (2020): United Kingdom, $763M
Top Product (2020): Aircraft parts nes, $960M
In 2020 the top export destinations of Washington, Dc were United Kingdom ($763M), France ($500M), Netherlands ($440M), Germany ($394M), and Belgium ($309M).
In 2020 the top exports of Washington, Dc were Aircraft parts nes ($960M), Composite diagnostic or laboratory reagents, nes ($222M), Commodities not specified according to kind ($168M), Blood, human or animal, antisera, other... ($133M), and Spacecraft: (including satellites) and suborbital and... ($106M).
Fastest Growing Exports Destination (Jan 2020 - Jan 2021)
Rapidly Declining Export Origins (Jan 2020 - Jan 2021)
Top Origin (2020): Belgium, $3.95B
Top Import (2020): Vaccines, human use, $2.84B
In 2020 the top import origins of Washington, Dc were Belgium ($3.95B), United Kingdom ($772M), Germany ($742M), Ireland ($367M), and Switzerland ($342M).
In 2020 the top imports of Washington, Dc were Vaccines, human use ($2.84B), Medicaments nes, in dosage ($1.49B), Nucleic acids and their salts, other... ($572M), Blood, human or animal, antisera, other... ($381M), and Commodities not specified according to kind ($292M).
Washington, Dc ranks 6th out of the 43 districts in United States according to ECI.
Estimated using exports data.
The top export opportunities according to the relatedness level, without considering those products were Washington, Dc already has a comparative advantage, are led by Developed Exposed Photographic Material (0.21), Phenol Derivatives (0.21), Photo Lab Equipment (0.21), Silicone (0.2), and Nitrogen Heterocyclic Compounds (0.2).
The highest complexity exports of Washington, Dc according to the product complexity index (PCI) are Other Measuring Instruments (1.86), Oscilloscopes (1.77), Non-optical Microscopes (1.71), Chemical Analysis Instruments (1.7), and LCDs (1.7). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The most specialized products according to the RCA index are led by Aircraft Parts (68.3), Military Weapons (42.4), Cathode Tubes (30), Micro-Organism Culture Preparations (27.3), and Lighters (22).
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 Washington, Dc 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.
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.
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