Washington, DcDistrict in District of Columbia, State of United States
Exports (2019): $7.52B, Rnk 32/43
Top Destination (2019): $1.86B, France
Top Export (2019): $2.58B, Aircraft parts nes
Imports (2019): $10.1B, Rnk 37/43
Top Origin (2019): $3.6B, Belgium
Top Import (2019): $2.67B, Vaccines, human use
Economic Complexity (2019): 0.63, Rnk 4 / 43
Overview: This page contains the latest international trade data for Washington, DC, including export and import data.
Exports: In 2019, United States' Washington, Dc exported $7.52B, making it the 32nd largest exporter out of the 43 exporters in United States. In 2019 the top exports of Washington, Dc were Aircraft parts nes ($2.58B), Composite diagnostic or laboratory reagents, nes ($236M), Blood, human or animal, antisera, other... ($164M), Commodities not specified according to kind ($161M), and Blood, human or animal, antisera, other... ($145M).
Imports: In 2019, United States' Washington, Dc imported $10.1B, making it the 37th largest importer out of the 43 importers in United States. In 2019 top imports of Washington, Dc were Vaccines, human use ($2.67B), Medicaments nes, in dosage ($2.09B), Parts of turbo-jet or turbo-propeller engines ($406M), Commodities not specified according to kind ($347M), and Blood, human or animal, antisera, other... ($337M).
Economic Complexity: In 2019, the highest complexity exports of Washington, Dc according to the product complexity index (PCI) are Rolling Machines (1.93), Chemical Analysis Instruments (1.78), Non-optical Microscopes (1.69), Wrenches (1.68), and Glass Working Machines (1.65). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Top Destination (2019): France, $1.86B
Top Product (2019): Aircraft parts nes, $2.58B
In 2019 the top export destinations of Washington, Dc were France ($1.86B), United Kingdom ($605M), Japan ($552M), Netherlands ($535M), and Germany ($478M).
In 2019 the top exports of Washington, Dc were Aircraft parts nes ($2.58B), Composite diagnostic or laboratory reagents, nes ($236M), Blood, human or animal, antisera, other... ($164M), Commodities not specified according to kind ($161M), and Blood, human or animal, antisera, other... ($145M).
Fastest Growing Exports Destination (Oct 2019 - Oct 2020)
Top Origin (2019): Belgium, $3.6B
Top Import (2019): Vaccines, human use, $2.67B
In 2019 the top import origins of Washington, Dc were Belgium ($3.6B), United Kingdom ($1.54B), Germany ($963M), Italy ($565M), and Japan ($410M).
In 2019 the top imports of Washington, Dc were Vaccines, human use ($2.67B), Medicaments nes, in dosage ($2.09B), Parts of turbo-jet or turbo-propeller engines ($406M), Commodities not specified according to kind ($347M), and Blood, human or animal, antisera, other... ($337M).
This section shows differences between total trade from Washington, DC throughout time.
This section shows forecasts for total exports and imports from Washington, DC. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.
Washington, Dc ranks 4th 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 Cermets (0.22), Fork-Lifts (0.21), Photo Lab Equipment (0.21), Developed Exposed Photographic Material (0.2), and Silicone (0.2).
The highest complexity exports of Washington, Dc according to the product complexity index (PCI) are Rolling Machines (1.93), Chemical Analysis Instruments (1.78), Non-optical Microscopes (1.69), Wrenches (1.68), and Glass Working Machines (1.65). 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 (66.3), Military Weapons (48), Cathode Tubes (28.8), Micro-Organism Culture Preparations (28.1), and Weapons Parts and Accessories (21.4).
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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