Alaska

State in United States

Exports (2019): $4.96B, Rnk 41/53

Top Destination (2019): $1.08B, South Korea

Top Export (2019): $1.03B, Zinc ores and concentrates

Imports (2019): $2.29B, Rnk 49/53

Top Origin (2019): $719M, Canada

Top Import (2019): $880M, Light petroleum distillates nes

Economic Complexity (2019): -1.38, Rnk 53 / 53

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

Exports: In 2019, United States' Alaska exported $4.96B, making it the 41st largest exporter out of the 53 exporters in United States. In 2019 the top exports of Alaska were Zinc ores and concentrates ($1.03B), Fish meat, excluding fillets, whether or... ($439M), Lead ores and concentrates ($412M), Fish fillets: frozen, Alaska pollack (Theraga... ($365M), and Petroleum oils, oils from bituminous minerals,... ($349M).

Imports: In 2019, United States' Alaska imported $2.29B, making it the 49th largest importer out of the 53 importers in United States. In 2019 top imports of Alaska were Light petroleum distillates nes ($880M), Communication apparatus (excluding telephone sets or... ($201M), Commodities not specified according to kind ($165M), Parts and accessories of data processing... ($87.8M), and Petroleum spirit for motor vehicles ($72.3M).

Economic Complexity: In 2019, the highest complexity exports of Alaska according to the product complexity index (PCI) are Video Cameras (0.68), Explosive Ammunition (0.56), Aircraft Parts (0.36), Other Inedible Animal Products (-0.67), and Fish Fillets (-1.12). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Year

Top Destination (2019): South Korea, $1.08B

Top Product (2019): Zinc ores and concentrates, $1.03B

In 2019 the top export destinations of Alaska were South Korea ($1.08B), China ($855M), Japan ($679M), Canada ($581M), and Netherlands ($350M).

In 2019 the top exports of Alaska were Zinc ores and concentrates ($1.03B), Fish meat, excluding fillets, whether or... ($439M), Lead ores and concentrates ($412M), Fish fillets: frozen, Alaska pollack (Theraga... ($365M), and Petroleum oils, oils from bituminous minerals,... ($349M).

Export Dynamics

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Fastest Growing Exports Destination (August 2019 - August 2020)

Rapidly Declining Export Origins (August 2019 - August 2020)

Yearly Imports

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Depth
Year

Top Origin (2019): Canada, $719M

Top Import (2019): Light petroleum distillates nes, $880M

In 2019 the top import origins of Alaska were Canada ($719M), South Korea ($683M), Thailand ($173M), China ($126M), and Japan ($103M).

In 2019 the top imports of Alaska were Light petroleum distillates nes ($880M), Communication apparatus (excluding telephone sets or... ($201M), Commodities not specified according to kind ($165M), Parts and accessories of data processing... ($87.8M), and Petroleum spirit for motor vehicles ($72.3M).

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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Value

This section shows differences between total trade from Alaska throughout time.

This section shows forecasts for total exports and imports from Alaska. 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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Alaska ranks 53rd out of the 53 states and territories 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 Alaska already has a comparative advantage, are led by Processed Crustaceans (0.043), Petroleum Gas (0.039), Cassava (0.037), Other Fruits (0.035), and Raw Cotton (0.035).

Most Complex Products by PCI

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The highest complexity exports of Alaska according to the product complexity index (PCI) are Video Cameras (0.68), Explosive Ammunition (0.56), Aircraft Parts (0.36), Other Inedible Animal Products (-0.67), and Fish Fillets (-1.12). 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 Zinc Ore (317), Lead Ore (235), Non-fillet Frozen Fish (195), Fish Fillets (121), and Precious Metal Ore (80.6).

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 Alaska 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  Alaska. These are products that tend to be co-exported with the products that Alaska 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.