Idaho

State in United States

2019
Economic
Complexity
: 0.029, Rank 45 of 53

Jan 2021
Trade
Exports | Imports
: $307M | $366M, 42 of 54 | 43 of 54

Jan 2021
Country
Destination | Origin
: Canada | Canada , $106M  | $113M

Jan 2021
Product
Exports | Imports
: Semiconductor Devices | Office Machine Parts , $31.7M  | $90M

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

Exports: In 2020, United States' Idaho exported $3.4B, making it the 44th largest exporter out of the 53 exporters in United States. In 2020 the top exports of Idaho were Photosensitive/photovoltaic/LED semiconductor devices ($265M), Articles of, or clad with, precious... ($205M), Photographic plates and film; exposed and... ($185M), Silver semi-manufactured including gold/platinum plat ($143M), and Parts & accessories, electrical measuring instruments ($137M).

Imports: In 2020, United States' Idaho imported $5.5B, making it the 40th largest importer out of the 53 importers in United States. In 2020 top imports of Idaho were Parts and accessories of data processing... ($1.48B), Electronic integrated circuits: memories ($512M), Semiconductor media: solid-state non-volatile storage devices,... ($476M), Commodities not specified according to kind ($277M), and Articles of, or clad with, precious... ($166M).

Economic Complexity: In 2019, the highest complexity exports of Idaho according to the product complexity index (PCI) are Developed Exposed Photographic Material (2.81), Disc Chemicals for Electronics (2.2), Other Measuring Instruments (1.86), Silicone (1.83), and Oscilloscopes (1.77). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

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Value
Reference Period

This section shows the differences between Idaho'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, $1.18B

Top Product (2020): Photosensitive/photovoltaic/LED semiconductor devices, $265M

In 2020 the top export destinations of Idaho were Canada ($1.18B), Taiwan ($414M), Singapore ($332M), Mexico ($224M), and Japan ($201M).

In 2020 the top exports of Idaho were Photosensitive/photovoltaic/LED semiconductor devices ($265M), Articles of, or clad with, precious... ($205M), Photographic plates and film; exposed and... ($185M), Silver semi-manufactured including gold/platinum plat ($143M), and Parts & accessories, electrical measuring instruments ($137M).

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): Canada, $1.2B

Top Import (2020): Parts and accessories of data processing..., $1.48B

In 2020 the top import origins of Idaho were Canada ($1.2B), Taiwan ($1.15B), Malaysia ($750M), Singapore ($695M), and China ($531M).

In 2020 the top imports of Idaho were Parts and accessories of data processing... ($1.48B), Electronic integrated circuits: memories ($512M), Semiconductor media: solid-state non-volatile storage devices,... ($476M), Commodities not specified according to kind ($277M), and Articles of, or clad with, precious... ($166M).

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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Idaho ranks 45th 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 Idaho already has a comparative advantage, are led by Horses (0.17), Bovine Meat (0.17), Laboratory Reagents (0.16), Soybeans (0.16), and Other Prepared Meat (0.16).

Most Complex Products by PCI

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The highest complexity exports of Idaho according to the product complexity index (PCI) are Developed Exposed Photographic Material (2.81), Disc Chemicals for Electronics (2.2), Other Measuring Instruments (1.86), Silicone (1.83), and Oscilloscopes (1.77). 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 Developed Exposed Photographic Material (616), Potato Flours (195), Water Soluble Proteins (137), Malt (121), and Other Precious Metal Products (121).

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