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Overview This page contains the latest international trade data for Illinois. In July 2024 Illinois was the number 5 in total exports and the number 3 in total imports in United States.

Exports In 2023, United States' Illinois exported $78.2B, making it the 5th largest exporter out of the 53 exporters in United States. In 2023 the top exports of Illinois were Medicaments nes, in dosage ($3.63B), Communication apparatus (excluding telephone sets or... ($2.74B), Antisera and other blood fractions ($2.14B), Soya beans: other than seed, whether... ($2.06B), and Maize except seed corn ($2.03B).

Imports In 2023, United States' Illinois imported $244B, making it the 3rd largest importer out of the 53 importers in United States. In 2023 top imports of Illinois were Petroleum oils, oils from bituminous minerals,... ($45.9B), Smartphones ($18.3B), Medicaments nes, in dosage ($11.2B), Portable Computers under 10kg with Keyboard... ($10B), and Commodities not specified according to kind ($9.29B).

Economic Complexity In 2023, the highest complexity exports of Illinois according to the product complexity index (PCI) are Non-Mechanical Removal Machinery (1.9), Iron Fasteners (1.79), Metal Pickling Preparations (1.79), Lubricating Products (1.68), Chemical Analysis Instruments (1.63), Flat-Rolled Stainless Steel (1.61), Nickel Sheets (1.58), Cutting Blades (1.53), Transmissions (1.51), and X-Ray Equipment (1.5). 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$20.6B
Top Product (2023)Medicaments nes, in dosage$3.63B

In 2023 the top export destinations of Illinois were Canada ($20.6B), Mexico ($12.9B), Germany ($4.49B), China ($4.41B), and Australia ($4.4B).

In 2023 the top exports of Illinois were Medicaments nes, in dosage ($3.63B), Communication apparatus (excluding telephone sets or... ($2.74B), Antisera and other blood fractions ($2.14B), Soya beans: other than seed, whether... ($2.06B), and Maize except seed corn ($2.03B).

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Exports Dynamics

Fastest Growing Exports Destination (Jul 2023 - Jul 2024)
Malaysia $341M (923%)
Mexico $72.6M (7.28%)
Germany $70.6M (23.2%)
Rapidly Declining Export Origins (Jul 2023 - Jul 2024)
India -$156M (-65.1%)
Canada -$148M (-8.31%)
Japan -$76.1M (-32.7%)

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Yearly Imports

Color
Depth
Top Origin (2023)Canada$65.6B

In 2023 the top import origins of Illinois were Canada ($65.6B), China ($43.9B), Mexico ($18.3B), Germany ($12.4B), and Vietnam ($9.22B).

In 2023 the top imports of Illinois were Petroleum oils, oils from bituminous minerals,... ($45.9B), Smartphones ($18.3B), Medicaments nes, in dosage ($11.2B), Portable Computers under 10kg with Keyboard... ($10B), and Commodities not specified according to kind ($9.29B).

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Imports Dynamics

Fastest Growing Import Origins (Jul 2023 - Jul 2024)
Canada $934M (18.2%)
Vietnam $315M (40.1%)
Singapore $312M (203%)
Rapidly Declining Import Origins (Jul 2023 - Jul 2024)
Netherlands -$193M (-55.2%)
China -$173M (-5.1%)
Italy -$114M (-28%)

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Economic Complexity

Economic Complexity of Illinois

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Economic Complexity (2023)0.42

Illinois ranks 14th 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 Illinois already has a comparative advantage, are led by Nickel Bars (0.4), Additive manufacturing machines (0.39), Nickel Pipes (0.39), Orthopedic Appliances (0.39), and Newsprint (0.38).

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Most Complex Products by PCI

The highest complexity exports of Illinois according to the product complexity index (PCI) are Non-Mechanical Removal Machinery (1.9), Iron Fasteners (1.79), Metal Pickling Preparations (1.79), Lubricating Products (1.68), Chemical Analysis Instruments (1.63), Flat-Rolled Stainless Steel (1.61), Nickel Sheets (1.58), Cutting Blades (1.53), Transmissions (1.51), and X-Ray Equipment (1.5). 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 Starch Residue (42.47), Breathing Appliances (17.53), Antifreeze (17.16), Harvesting Machinery (12.78), and Gaskets (12.02).

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