Delaware

State in United States

2019
Economic
Complexity
: 0.37, Rank 17 of 53

Jan 2021
Trade
Exports | Imports
: $293M | $1.05B, 43 of 54 | 35 of 54

Jan 2021
Country
Destination | Origin
: China | Switzerland , $46.2M  | $440M

Jan 2021
Product
Exports | Imports
: Chemical Analysis Instruments | Packaged Medicaments , $41.5M  | $452M

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

Exports: In 2020, United States' Delaware exported $3.92B, making it the 42nd largest exporter out of the 53 exporters in United States. In 2020 the top exports of Delaware were Medicaments nes, in dosage ($450M), Equipment for physical or chemical analysis,... ($301M), Gold in unwrought forms non-monetary ($214M), DC motors, DC generators, of an... ($191M), and Large Sized Cars ($149M).

Imports: In 2020, United States' Delaware imported $9.08B, making it the 35th largest importer out of the 53 importers in United States. In 2020 top imports of Delaware were Medicaments nes, in dosage ($2.28B), Petroleum oils, oils from bituminous minerals,... ($1.2B), Nucleic acids and their salts, other... ($559M), Adrenal cortical hormones, in dosage ($339M), and Fruit, edible: bananas, other than plantains,... ($324M).

Economic Complexity: In 2019, the highest complexity exports of Delaware according to the product complexity index (PCI) are Photographic Film (1.96), Cermets (1.87), Silicone (1.83), Chemical Analysis Instruments (1.7), and Polymer Ion-Exchangers (1.61). 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 Delaware'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): Canada, $619M

Top Product (2020): Medicaments nes, in dosage, $450M

In 2020 the top export destinations of Delaware were Canada ($619M), China ($509M), South Korea ($401M), Switzerland ($230M), and Germany ($217M).

In 2020 the top exports of Delaware were Medicaments nes, in dosage ($450M), Equipment for physical or chemical analysis,... ($301M), Gold in unwrought forms non-monetary ($214M), DC motors, DC generators, of an... ($191M), and Large Sized Cars ($149M).

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): Switzerland, $1.93B

Top Import (2020): Medicaments nes, in dosage, $2.28B

In 2020 the top import origins of Delaware were Switzerland ($1.93B), Canada ($894M), Belgium ($622M), Mexico ($611M), and Sweden ($549M).

In 2020 the top imports of Delaware were Medicaments nes, in dosage ($2.28B), Petroleum oils, oils from bituminous minerals,... ($1.2B), Nucleic acids and their salts, other... ($559M), Adrenal cortical hormones, in dosage ($339M), and Fruit, edible: bananas, other than plantains,... ($324M).

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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Delaware ranks 17th 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 Delaware already has a comparative advantage, are led by Photographic Plates (0.18), Photo Lab Equipment (0.17), Oscilloscopes (0.17), Cyclic Hydrocarbons (0.17), and Photographic Chemicals (0.17).

Most Complex Products by PCI

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The highest complexity exports of Delaware according to the product complexity index (PCI) are Photographic Film (1.96), Cermets (1.87), Silicone (1.83), Chemical Analysis Instruments (1.7), and Polymer Ion-Exchangers (1.61). 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 Diazo, Azo or Aoxy Compounds (68.6), Polishes and Creams (44.9), Cellulose (44.8), Bananas (40.4), and Chemical Analysis Instruments (31.7).

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.

Relatedness Space

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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.

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.