Hawaii

State in United States

Exports (2019): $446M, Rnk 53/53

Top Destination (2019): $94.2M, Japan

Top Export (2019): $71M, Petroleum spirit for motor vehicles

Imports (2019): $3.78B, Rnk 46/53

Top Origin (2019): $859M, Libya

Top Import (2019): $1.57B, Petroleum oils, oils from bituminous minerals,...

Economic Complexity (2019): -0.38, Rnk 52 / 53

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

Exports: In 2019, United States' Hawaii exported $446M, making it the 53rd largest exporter out of the 53 exporters in United States. In 2019 the top exports of Hawaii were Petroleum spirit for motor vehicles ($71M), Light petroleum distillates nes ($56.8M), Aircraft parts nes ($49.7M), Ferrous waste or scrap, nes ($33.3M), and Crustaceans; live, fresh or chilled, cold-water... ($21.5M).

Imports: In 2019, United States' Hawaii imported $3.78B, making it the 46th largest importer out of the 53 importers in United States. In 2019 top imports of Hawaii were Petroleum oils, oils from bituminous minerals,... ($1.57B), Light petroleum distillates nes ($462M), Petroleum spirit for motor vehicles ($287M), Fixed wing aircraft, unladen weight >... ($162M), and Medium Sized Cars ($143M).

Economic Complexity: In 2019, the highest complexity exports of Hawaii according to the product complexity index (PCI) are Cast or Rolled Glass (1.58), Musical Instrument Parts (1.32), Oscilloscopes (1.21), Navigation Equipment (0.97), and Binoculars and Telescopes (0.94). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

#permalink to section
Value
Depth
Year

Top Destination (2019): Japan, $94.2M

Top Product (2019): Petroleum spirit for motor vehicles, $71M

In 2019 the top export destinations of Hawaii were Japan ($94.2M), South Korea ($76.1M), Singapore ($44.1M), Vietnam ($33M), and China ($21.1M).

In 2019 the top exports of Hawaii were Petroleum spirit for motor vehicles ($71M), Light petroleum distillates nes ($56.8M), Aircraft parts nes ($49.7M), Ferrous waste or scrap, nes ($33.3M), and Crustaceans; live, fresh or chilled, cold-water... ($21.5M).

Export Dynamics

#permalink to section

Fastest Growing Exports Destination (August 2019 - August 2020)

Rapidly Declining Export Origins (August 2019 - August 2020)

Yearly Imports

#permalink to section
Value
Depth
Year

Top Origin (2019): Libya, $859M

Top Import (2019): Petroleum oils, oils from bituminous minerals,..., $1.57B

In 2019 the top import origins of Hawaii were Libya ($859M), Russia ($580M), Japan ($579M), South Korea ($545M), and China ($197M).

In 2019 the top imports of Hawaii were Petroleum oils, oils from bituminous minerals,... ($1.57B), Light petroleum distillates nes ($462M), Petroleum spirit for motor vehicles ($287M), Fixed wing aircraft, unladen weight >... ($162M), and Medium Sized Cars ($143M).

Import Dynamics

#permalink to section

Fastest Growing Import Origins (August 2019 - August 2020)

Rapidly Declining Import Origins (August 2019 - August 2020)

Comparison in Time

#permalink to section
Flow
Value

This section shows differences between total trade from Hawaii throughout time.

This section shows forecasts for total exports and imports from Hawaii. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

Explore Forecasts

Economic Complexity

#permalink to section

Economic Complexity of United States

#permalink to section

Hawaii ranks 52nd out of the 53 states and territories in United States according to ECI.

Estimated using exports data.

Discover Economic Complexity

Export Opportunities by Relatedness

#permalink to section

The top export opportunities according to the relatedness level, without considering those products were Hawaii already has a comparative advantage, are led by Gold (0.14), Tropical Fruits (0.13), Other Vegetables (0.12), Cement (0.12), and Non-fillet Frozen Fish (0.12).

Most Complex Products by PCI

#permalink to section

The highest complexity exports of Hawaii according to the product complexity index (PCI) are Cast or Rolled Glass (1.58), Musical Instrument Parts (1.32), Oscilloscopes (1.21), Navigation Equipment (0.97), and Binoculars and Telescopes (0.94). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

#permalink to section

The most specialized products according to the RCA index are led by Water (145), String Instruments (86.4), Other Animals (75.1), Binoculars and Telescopes (70), and Locust beans, seaweed, sugar beet, cane,... (63.1).

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 Hawaii 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

#permalink to section

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

Diversification Frontier

#permalink to section
Depth
Filter

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.