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

Exports: In 2020, United States' Alaska exported $4.61B, making it the 40th largest exporter out of the 53 exporters in United States. In 2020 the top exports of Alaska were Zinc ores and concentrates ($730M), Petroleum oils, oils from bituminous minerals,... ($556M), Lead ores and concentrates ($381M), Gold in unwrought forms non-monetary ($368M), and Fish meat, excluding fillets, whether or... ($356M).

Imports: In 2020, United States' Alaska imported $2.39B, making it the 48th largest importer out of the 53 importers in United States. In 2020 top imports of Alaska were Light petroleum distillates nes ($632M), Parts and accessories of data processing... ($390M), Communication apparatus (excluding telephone sets or... ($229M), Fixed wing aircraft, unladen weight >... ($139M), and Semiconductor media: solid-state non-volatile storage devices,... ($92.4M).

Economic Complexity: In 2019, the highest complexity exports of Alaska according to the product complexity index (PCI) are Lifting Machinery (1.18), Aircraft Parts (0.71), Surveying Equipment (-0.33), Other Inedible Animal Products (-0.64), and Silver (-0.9). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Time Scale
Flow
Value
Depth

EXPORT GROWTH (April 2020 - April 2021): $73.2M, (18.4%)

IMPORT GROWTH (April 2020 - April 2021): $97.3M, (70.8%)

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.

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Yearly Exports

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Value
Depth

Top Destination (2020): China, $1.18B

Top Product (2020): Zinc ores and concentrates, $730M

In 2020 the top export destinations of Alaska were China ($1.18B), South Korea ($810M), Japan ($647M), Canada ($499M), and Australia ($450M).

In 2020 the top exports of Alaska were Zinc ores and concentrates ($730M), Petroleum oils, oils from bituminous minerals,... ($556M), Lead ores and concentrates ($381M), Gold in unwrought forms non-monetary ($368M), and Fish meat, excluding fillets, whether or... ($356M).

Exports Dynamics

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Fastest Growing Exports Destination (Apr 2020 - Apr 2021)

Rapidly Declining Export Origins (Apr 2020 - Apr 2021)

Yearly Imports

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Value
Depth

Top Origin (2020): South Korea, $836M

Top Import (2020): Light petroleum distillates nes, $632M

In 2020 the top import origins of Alaska were South Korea ($836M), Canada ($459M), Thailand ($211M), Vietnam ($137M), and Malaysia ($134M).

In 2020 the top imports of Alaska were Light petroleum distillates nes ($632M), Parts and accessories of data processing... ($390M), Communication apparatus (excluding telephone sets or... ($229M), Fixed wing aircraft, unladen weight >... ($139M), and Semiconductor media: solid-state non-volatile storage devices,... ($92.4M).

Imports Dynamics

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Fastest Growing Import Origins (Apr 2020 - Apr 2021)

Rapidly Declining Import Origins (Apr 2020 - Apr 2021)

Economic Complexity

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Economic Complexity of United States

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Economic Complexity (2020): -1.34

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.

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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 Alaska already has a comparative advantage, are led by Processed Crustaceans (0.044), Raw Cotton (0.038), Processed Fish (0.036), Salt (0.034), and Other Processed Fruits and Nuts (0.033).

Most Complex Products by PCI

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The highest complexity exports of Alaska according to the product complexity index (PCI) are Lifting Machinery (1.18), Aircraft Parts (0.71), Surveying Equipment (-0.33), Other Inedible Animal Products (-0.64), and Silver (-0.9). 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 Lead Ore (251), Zinc Ore (233), Non-fillet Frozen Fish (163), Fish Fillets (109), and Precious Metal Ore (108).

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.