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Overview This page contains the latest international trade data for California. In August 2024 California was the number 2 in total exports and the number 1 in total imports in United States.

Exports In 2023, United States' California exported $186B, making it the 2nd largest exporter out of the 53 exporters in United States. In 2023 the top exports of California were Other Aircraft parts ($6.78B), Communication apparatus (excluding telephone sets or... ($5.18B), Light petroleum distillates nes ($3.9B), Electronic integrated circuits: n.e.c. in heading... ($3.71B), and Machines and apparatus of heading 8486:... ($3.3B).

Imports In 2023, United States' California imported $509B, making it the 1st largest importer out of the 53 importers in United States. In 2023 top imports of California were Petroleum oils, oils from bituminous minerals,... ($25.2B), Medium Sized Cars ($18.5B), Portable Computers under 10kg with Keyboard... ($15.9B), Parts and accessories of data processing... ($14B), and Communication apparatus (excluding telephone sets or... ($11.4B).

Economic Complexity In 2023, the highest complexity exports of California according to the product complexity index (PCI) are Developed Exposed Photographic Material (2.54), Metalworking Transfer Machines (2.04), Non-optical Microscopes (1.97), Oscilloscopes (1.81), Iron Fasteners (1.79), Silicone (1.74), Chemical Analysis Instruments (1.63), Other Measuring Instruments (1.59), Nickel Sheets (1.58), and X-Ray Equipment (1.5). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

Yearly Exports

Color
Depth
Top Destination (2023)Mexico$33.3B
Top Product (2023)Other Aircraft parts$6.78B

In 2023 the top export destinations of California were Mexico ($33.3B), Canada ($19.1B), China ($16.9B), Japan ($10.6B), and South Korea ($9.39B).

In 2023 the top exports of California were Other Aircraft parts ($6.78B), Communication apparatus (excluding telephone sets or... ($5.18B), Light petroleum distillates nes ($3.9B), Electronic integrated circuits: n.e.c. in heading... ($3.71B), and Machines and apparatus of heading 8486:... ($3.3B).

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Exports Dynamics

Fastest Growing Exports Destination (Aug 2023 - Aug 2024)
Malaysia $468M (165%)
Chile $223M (296%)
Australia $123M (39.3%)
Rapidly Declining Export Origins (Aug 2023 - Aug 2024)
Hong Kong -$121M (-22.6%)
China -$71.1M (-5.78%)
Saudi Arabia -$36.5M (-34.6%)

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Yearly Imports

Color
Depth
Top Origin (2023)China$120B

In 2023 the top import origins of California were China ($120B), Mexico ($61.5B), Chinese Taipei ($29.2B), Vietnam ($28.2B), and Japan ($25.8B).

In 2023 the top imports of California were Petroleum oils, oils from bituminous minerals,... ($25.2B), Medium Sized Cars ($18.5B), Portable Computers under 10kg with Keyboard... ($15.9B), Parts and accessories of data processing... ($14B), and Communication apparatus (excluding telephone sets or... ($11.4B).

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Imports Dynamics

Fastest Growing Import Origins (Aug 2023 - Aug 2024)
Vietnam $1.17B (50.3%)
Chinese Taipei $806M (29.2%)
South Korea $717M (42%)
Rapidly Declining Import Origins (Aug 2023 - Aug 2024)
Ecuador -$306M (-48%)
Saudi Arabia -$237M (-59.2%)
Germany -$212M (-15.5%)

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Economic Complexity

Economic Complexity of California

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Economic Complexity (2023)0.22

California ranks 37th 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

The top export opportunities according to the relatedness level, without considering those products were California already has a comparative advantage, are led by Phenol Derivatives (0.33), Other Precious Metal Products (0.32), Gas Turbines (0.32), Photo Lab Equipment (0.32), and Planes, Helicopters, and/or Spacecraft (0.32).

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Most Complex Products by PCI

The highest complexity exports of California according to the product complexity index (PCI) are Developed Exposed Photographic Material (2.54), Metalworking Transfer Machines (2.04), Non-optical Microscopes (1.97), Oscilloscopes (1.81), Iron Fasteners (1.79), Silicone (1.74), Chemical Analysis Instruments (1.63), Other Measuring Instruments (1.59), Nickel Sheets (1.58), and X-Ray Equipment (1.5). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

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Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Other Nuts (44.38), Borates (44.33), Boron (43.30), Forage Crops (17.21), and Other Nickel Products (14.70).

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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 California 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.

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Relatedness Space

This network shows the products most related to the production structure of  California. These are products that tend to be co-exported with the products that California exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

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Diversification Frontier

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. Bubble size corresponds to exports value by year 2020.

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