Arizona

State in United States

2019
Economic
Complexity
: 0.35, Rank 20 of 53

Jan 2021
Trade
Exports | Imports
: $1.72B | $1.98B, 22 of 54 | 24 of 54

Jan 2021
Country
Destination | Origin
: Mexico | Mexico , $655M  | $792M

Jan 2021
Product
Exports | Imports
: Integrated Circuits | Other Vegetables , $165M  | $145M

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

Exports: In 2020, United States' Arizona exported $19.7B, making it the 22nd largest exporter out of the 53 exporters in United States. In 2020 the top exports of Arizona were Aircraft parts nes ($1.93B), Copper ores and concentrates ($1.31B), Electronic integrated circuits: processors and controllers,... ($790M), Electronic integrated circuits: n.e.c. in heading... ($632M), and Munitions of war, ammunition/projectiles and parts ($434M).

Imports: In 2020, United States' Arizona imported $25.7B, making it the 22nd largest importer out of the 53 importers in United States. In 2020 top imports of Arizona were Commodities not specified according to kind ($2.66B), Fixed wing aircraft, unladen weight >... ($1.54B), Machines and apparatus of a kind... ($729M), Tomatoes, fresh or chilled ($651M), and Electronic integrated circuits: processors and controllers,... ($621M).

Economic Complexity: In 2019, the highest complexity exports of Arizona according to the product complexity index (PCI) are Developed Exposed Photographic Material (2.81), Disc Chemicals for Electronics (2.2), Halides (1.86), Other Measuring Instruments (1.86), and Iron Fasteners (1.81). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

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This section shows the differences between Arizona's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit United States's country profile.

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Yearly Exports

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Top Destination (2020): Mexico, $6.99B

Top Product (2020): Aircraft parts nes, $1.93B

In 2020 the top export destinations of Arizona were Mexico ($6.99B), Canada ($1.9B), China ($882M), Netherlands ($689M), and Japan ($646M).

In 2020 the top exports of Arizona were Aircraft parts nes ($1.93B), Copper ores and concentrates ($1.31B), Electronic integrated circuits: processors and controllers,... ($790M), Electronic integrated circuits: n.e.c. in heading... ($632M), and Munitions of war, ammunition/projectiles and parts ($434M).

Exports Dynamics

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Fastest Growing Exports Destination (Jan 2020 - Jan 2021)

Rapidly Declining Export Origins (Jan 2020 - Jan 2021)

Yearly Imports

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Top Origin (2020): Mexico, $8.98B

Top Import (2020): Commodities not specified according to kind, $2.66B

In 2020 the top import origins of Arizona were Mexico ($8.98B), China ($3B), Canada ($2.22B), Taiwan ($1.24B), and Japan ($1.19B).

In 2020 the top imports of Arizona were Commodities not specified according to kind ($2.66B), Fixed wing aircraft, unladen weight >... ($1.54B), Machines and apparatus of a kind... ($729M), Tomatoes, fresh or chilled ($651M), and Electronic integrated circuits: processors and controllers,... ($621M).

Imports Dynamics

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Fastest Growing Import Origins (Jan 2020 - Jan 2021)

Rapidly Declining Import Origins (Jan 2020 - Jan 2021)

Economic Complexity

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Economic Complexity of United States

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Arizona ranks 20th out of the 53 states and territories in United States according to ECI.

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 Arizona already has a comparative advantage, are led by Photographic Film (0.22), Photo Lab Equipment (0.22), Optical Fibers (0.22), Blown Glass (0.22), and Microscopes (0.21).

Most Complex Products by PCI

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The highest complexity exports of Arizona according to the product complexity index (PCI) are Developed Exposed Photographic Material (2.81), Disc Chemicals for Electronics (2.2), Halides (1.86), Other Measuring Instruments (1.86), and Iron Fasteners (1.81). 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 Explosive Ammunition (84.7), Molybdenum Ore (61.5), Military Weapons (52), Weapons Parts and Accessories (28.1), and Aircraft Parts (22.3).

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