Sign In
Pricing

State in United States

2023
Economic
Complexity -0.98Rank 52 of 52
Sep 2024
Trade
Exports | Imports $1.03B | $312M35 of 54 | 48 of 54
Sep 2024
Country
Destination | Origin China | Canada $343M  | $124M

About

Overview This page contains the latest international trade data for Alaska. In September 2024 Alaska was the number 41 in total exports and the number 48 in total imports in United States.

Exports In 2023, United States' Alaska exported $5.58B, making it the 41st largest exporter out of the 53 exporters in United States. In 2023 the top exports of Alaska were Zinc ores and concentrates ($908M), Unwrought Non-Monetary Gold ($775M), Frozen Fish Meat (Excl. Fillets, Minced,... ($440M), Lead ores and concentrates ($406M), and Frozen Alaska Pollack Fillets (Theraga chalcogramma) ($326M).

Imports In 2023, United States' Alaska imported $3.75B, making it the 48th largest importer out of the 53 importers in United States. In 2023 top imports of Alaska were Light petroleum distillates nes ($1.74B), Voice & Data Communication Machines ($183M), Parts & Accessories for Data Processing... ($82.1M), Petroleum spirit for motor vehicles ($78.2M), and Commodities not specified according to kind ($71.5M).

Economic Complexity In 2023, the highest complexity exports of Alaska according to the product complexity index (PCI) are Other Inorganic Acids Salts (1.29), Soldering and Welding Machinery (1.01), Video Cameras (0.53), Aircraft Parts (0.52), Surveying Equipment (0.31), Alkylbenzenes and Alkylnaphthalenes (0.082), Pearl Products (-0.42), Other Inedible Animal Products (-0.87), Fish Fillets (-1.18), and Processed Fish (-1.25). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Latest Trends

September, 2024

About

Overview In September 2024 Alaska exported $1.03B and imported $312M, resulting in a positive trade balance of $719M. Between September 2023 and September 2024 the exports of Alaska have increased by $295M (40%) from $736M to $1.03B, while imports increased by $38.5M (14.1%) from $273M to $312M.

Trade In September 2024, the top exports of Alaska were Zinc Ore ($292M), Non-fillet Frozen Fish ($179M), Crude Petroleum ($149M), Lead Ore ($136M), and Gold ($99.5M). In September 2024 the top imports of Alaska were Refined Petroleum ($140M), Telephones ($30.5M), Office Machine Parts ($30.3M), Semiconductor Devices ($16.3M), and Liquid Pumps ($8.87M).

Destinations In September 2024, Alaska exported mostly to China ($343M), South Korea ($188M), Japan ($156M), Australia ($67.8M), and Spain ($63.2M), and imported mostly from Canada ($124M), South Korea ($70.6M), Vietnam ($38.8M), Thailand ($31.7M), and Chinese Taipei ($9.24M).

Growth In September 2024, the increase in Alaska's year-by-year exports was explained primarily by an increase in exports to China ($206M or 150%), South Korea ($88.4M or 88.9%), and Switzerland ($21.2M or 190%), and product exports increase in Zinc Ore ($94.9M or 48.1%), Lead Ore ($60.8M or 81%), and Gold ($37.5M or 60.5%). In September 2024, the increase in Alaska's year-by-year imports was explained primarily by an increase in imports from Canada ($56.7M or 84.7%), Vietnam ($30.9M or 395%), and Thailand ($22.2M or 231%), and product imports increase in Office Machine Parts ($25.3M or 514%), Telephones ($20.4M or 203%), and Liquid Pumps ($8.52M or 2.44k%).

Latest Data

Time Scale
Flow
Color
Depth
EXPORT GROWTH (September 2023 - September 2024)$295M(40%)
IMPORT GROWTH (September 2023 - September 2024)$38.5M(14.1%)

This section shows exports and imports data at subnational level for Alaska. 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 Alaska over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Yearly Exports

Color
Depth
Top Destination (2023)China$1.17B
Top Product (2023)Zinc ores and concentrates$908M

In 2023 the top export destinations of Alaska were China ($1.17B), Japan ($710M), South Korea ($702M), Australia ($602M), and Canada ($596M).

In 2023 the top exports of Alaska were Zinc ores and concentrates ($908M), Unwrought Non-Monetary Gold ($775M), Frozen Fish Meat (Excl. Fillets, Minced,... ($440M), Lead ores and concentrates ($406M), and Frozen Alaska Pollack Fillets (Theraga chalcogramma) ($326M).

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Exports Dynamics

Fastest Growing Exports Destination (Sep 2023 - Sep 2024)
China $206M (150%)
South Korea $88.4M (88.9%)
Switzerland $21.2M (190%)
Rapidly Declining Export Origins (Sep 2023 - Sep 2024)
Canada -$98.6M (-82.9%)
United Kingdom -$4.67M (-63.7%)
France -$4.05M (-40.5%)

Subscribe today to OEC pro and access the latest data

Sign Up

Yearly Imports

Color
Depth
Top Origin (2023)South Korea$1.46B
Top Import (2023)Light petroleum distillates nes$1.74B

In 2023 the top import origins of Alaska were South Korea ($1.46B), Canada ($753M), Thailand ($179M), Japan ($159M), and Vietnam ($111M).

In 2023 the top imports of Alaska were Light petroleum distillates nes ($1.74B), Voice & Data Communication Machines ($183M), Parts & Accessories for Data Processing... ($82.1M), Petroleum spirit for motor vehicles ($78.2M), and Commodities not specified according to kind ($71.5M).

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Imports Dynamics

Fastest Growing Import Origins (Sep 2023 - Sep 2024)
Canada $56.7M (84.7%)
Vietnam $30.9M (395%)
Thailand $22.2M (231%)
Rapidly Declining Import Origins (Sep 2023 - Sep 2024)
Japan -$39.3M (-95.4%)
South Korea -$26.5M (-27.3%)
Sweden -$4.18M (-85.2%)

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Economic Complexity of Alaska

View
Economic Complexity (2023)-0.98

Alaska ranks 52nd out of the 53 states and territories in United States according to ECI.

The Economic Complexity Index, or ECI, is a measure of an economy’s capacity which can be inferred from data connecting locations to the activities that are present in them. For more info about Economic Complexity, visit the Economic Complexity page.

Estimated using exports data.

Discover Economic Complexity

Subscribe today to OEC pro and access the latest data

Sign Up

Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were Alaska already has a comparative advantage, are led by Crude Petroleum (0.046), Processed Crustaceans (0.045), Petroleum Gas (0.036), Other Oily Seeds (0.035), and Other Processed Fruits and Nuts (0.035).

Subscribe today to OEC pro and access the latest data

Sign Up

Most Complex Products by PCI

The highest complexity exports of Alaska according to the product complexity index (PCI) are Other Inorganic Acids Salts (1.29), Soldering and Welding Machinery (1.01), Video Cameras (0.53), Aircraft Parts (0.52), Surveying Equipment (0.31), Alkylbenzenes and Alkylnaphthalenes (0.082), Pearl Products (-0.42), Other Inedible Animal Products (-0.87), Fish Fillets (-1.18), and Processed Fish (-1.25). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Subscribe today to OEC pro and access the latest data

Sign Up

Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Zinc Ore (313.56), Lead Ore (231.75), Non-fillet Frozen Fish (180.92), Fish Fillets (117.53), and Animal Meal and Pellets (54.79).

Subscribe today to OEC pro and access the latest data

Sign Up

Product Space

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Relatedness Space

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Diversification Frontier

Depth
Filter

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. Bubble size corresponds to exports value by year 2020.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms