Hawaii

State in United States

2019
Economic
Complexity
: -0.49, Rank 52 of 53

Jan 2021
Trade
Exports | Imports
: $18M | $178M, 54 of 54 | 49 of 54

Jan 2021
Country
Destination | Origin
: Japan | Russia , $5.04M  | $77.5M

Jan 2021
Product
Exports | Imports
: Crustaceans | Crude Petroleum , $2.94M  | $77.5M

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

Exports: In 2020, United States' Hawaii exported $320M, making it the 53rd largest exporter out of the 53 exporters in United States. In 2020 the top exports of Hawaii were Aircraft parts nes ($61.2M), Ferrous waste or scrap, nes ($42.2M), Crustaceans; live, fresh or chilled, cold-water... ($22.4M), Waste or scrap, aluminium ($14.2M), and Ice, snow and potable water not... ($13.3M).

Imports: In 2020, United States' Hawaii imported $1.93B, making it the 49th largest importer out of the 53 importers in United States. In 2020 top imports of Hawaii were Petroleum oils, oils from bituminous minerals,... ($630M), Light petroleum distillates nes ($201M), Petroleum spirit for motor vehicles ($147M), Medium Sized Cars ($92.7M), and Large Sized Cars ($57.8M).

Economic Complexity: In 2019, the highest complexity exports of Hawaii according to the product complexity index (PCI) are Oscilloscopes (1.77), Cast or Rolled Glass (1.66), Musical Instrument Parts (1.31), Navigation Equipment (1.21), and Hydrometers (1.04). 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 Hawaii'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): Australia, $50.6M

Top Product (2020): Aircraft parts nes, $61.2M

In 2020 the top export destinations of Hawaii were Australia ($50.6M), Japan ($46.3M), Bangladesh ($38.8M), Hong Kong ($36.6M), and South Korea ($24.6M).

In 2020 the top exports of Hawaii were Aircraft parts nes ($61.2M), Ferrous waste or scrap, nes ($42.2M), Crustaceans; live, fresh or chilled, cold-water... ($22.4M), Waste or scrap, aluminium ($14.2M), and Ice, snow and potable water not... ($13.3M).

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): Japan, $291M

Top Import (2020): Petroleum oils, oils from bituminous minerals,..., $630M

In 2020 the top import origins of Hawaii were Japan ($291M), South Korea ($224M), Russia ($188M), China ($143M), and Canada ($123M).

In 2020 the top imports of Hawaii were Petroleum oils, oils from bituminous minerals,... ($630M), Light petroleum distillates nes ($201M), Petroleum spirit for motor vehicles ($147M), Medium Sized Cars ($92.7M), and Large Sized Cars ($57.8M).

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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Hawaii ranks 52nd 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 Hawaii already has a comparative advantage, are led by Gold (0.14), Tropical Fruits (0.12), Non-fillet Frozen Fish (0.12), Cement (0.12), and Wheat Flours (0.12).

Most Complex Products by PCI

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The highest complexity exports of Hawaii according to the product complexity index (PCI) are Oscilloscopes (1.77), Cast or Rolled Glass (1.66), Musical Instrument Parts (1.31), Navigation Equipment (1.21), and Hydrometers (1.04). 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 Water (143), String Instruments (87.5), Locust beans, seaweed, sugar beet, cane,... (78.7), Other Animals (71.6), and Binoculars and Telescopes (69).

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

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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

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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.