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Overview This page contains the latest international trade data for Delaware. In August 2024 Delaware was the number 43 in total exports and the number 36 in total imports in United States.

Exports In 2023, United States' Delaware exported $5.24B, making it the 43rd largest exporter out of the 53 exporters in United States. In 2023 the top exports of Delaware were Medicaments nes, in dosage ($449M), Other Aircraft parts ($293M), Munitions of war, ammunition/projectiles and parts ($202M), DC motors, DC generators, of an... ($202M), and Analysis instruments: Viscosity, porosity, spectrometers ($169M).

Imports In 2023, United States' Delaware imported $14.8B, making it the 36th largest importer out of the 53 importers in United States. In 2023 top imports of Delaware were Petroleum oils, oils from bituminous minerals,... ($3.04B), Medicaments nes, in dosage ($905M), Photosensitive devices; assembled photovoltaic modules/panels ($683M), Light petroleum distillates nes ($352M), and Commodities not specified according to kind ($332M).

Economic Complexity In 2023, the highest complexity exports of Delaware according to the product complexity index (PCI) are Phosphoric Esters and Salts (1.84), Silicone (1.74), Polymer Ion-Exchangers (1.74), Rolling Machines (1.71), Lubricating Products (1.68), Drafting Tools (1.63), Chemical Analysis Instruments (1.63), Polyamides (1.6), Cermets (1.59), and Glass Working Machines (1.53). 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)Canada$856M
Top Product (2023)Medicaments nes, in dosage$449M

In 2023 the top export destinations of Delaware were Canada ($856M), United Arab Emirates ($425M), China ($417M), South Korea ($367M), and Mexico ($333M).

In 2023 the top exports of Delaware were Medicaments nes, in dosage ($449M), Other Aircraft parts ($293M), Munitions of war, ammunition/projectiles and parts ($202M), DC motors, DC generators, of an... ($202M), and Analysis instruments: Viscosity, porosity, spectrometers ($169M).

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Exports Dynamics

Fastest Growing Exports Destination (Aug 2023 - Aug 2024)
China $19M (60.6%)
Spain $11.1M (308%)
Rapidly Declining Export Origins (Aug 2023 - Aug 2024)
South Korea -$28.3M (-66.6%)
Saudi Arabia -$16.5M (-94.8%)
Mexico -$9.66M (-24%)

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Yearly Imports

Color
Depth
Top Origin (2023)Mexico$1.22B

In 2023 the top import origins of Delaware were Mexico ($1.22B), Canada ($861M), Kazakhstan ($859M), Thailand ($685M), and France ($598M).

In 2023 the top imports of Delaware were Petroleum oils, oils from bituminous minerals,... ($3.04B), Medicaments nes, in dosage ($905M), Photosensitive devices; assembled photovoltaic modules/panels ($683M), Light petroleum distillates nes ($352M), and Commodities not specified according to kind ($332M).

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Imports Dynamics

Fastest Growing Import Origins (Aug 2023 - Aug 2024)
Belgium $42.8M (266%)
Canada $40.7M (42.1%)
Colombia $28.8M (198%)
Rapidly Declining Import Origins (Aug 2023 - Aug 2024)
Thailand -$60.6M (-56.5%)
Trinidad and Tobago -$55.6M (-69%)
Hong Kong -$39.4M (-98.2%)

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Economic Complexity

Economic Complexity of Delaware

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Economic Complexity (2023)0.31

Delaware ranks 28th 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 Delaware already has a comparative advantage, are led by Photographic Chemicals (0.21), Epoxides (0.2), Photo Lab Equipment (0.2), Photographic Film (0.2), and Prints (0.19).

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Most Complex Products by PCI

The highest complexity exports of Delaware according to the product complexity index (PCI) are Phosphoric Esters and Salts (1.84), Silicone (1.74), Polymer Ion-Exchangers (1.74), Rolling Machines (1.71), Lubricating Products (1.68), Drafting Tools (1.63), Chemical Analysis Instruments (1.63), Polyamides (1.6), Cermets (1.59), and Glass Working Machines (1.53). 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 Explosive Ammunition (114.23), Prepared Explosives (44.62), Polishes and Creams (42.06), Titanium Oxides (37.14), and Cellulose (36.77).

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