Illinois

State in United States

Exports (2019): $59.4B, Rnk 6/53

Top Destination (2019): $15.6B, Canada

Top Export (2019): $1.89B, Petroleum spirit for motor vehicles

Imports (2019): $164B, Rnk 3/53

Top Origin (2019): $42.1B, China

Top Import (2019): $25.1B, Petroleum oils, oils from bituminous minerals,...

Economic Complexity (2019): 0.42, Rnk 13 / 53

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

Exports: In 2019, United States' Illinois exported $59.4B, making it the 6th largest exporter out of the 53 exporters in United States. In 2019 the top exports of Illinois were Petroleum spirit for motor vehicles ($1.89B), Blood, human or animal, antisera, other... ($1.65B), Dump trucks designed for off-highway use ($1.56B), Medicaments nes, in dosage ($1.49B), and Communication apparatus (excluding telephone sets or... ($1.37B).

Imports: In 2019, United States' Illinois imported $164B, making it the 3rd largest importer out of the 53 importers in United States. In 2019 top imports of Illinois were Petroleum oils, oils from bituminous minerals,... ($25.1B), Telephones for cellular networks or for... ($16.4B), Commodities not specified according to kind ($8.83B), Automatic data processing machines: portable, weighing... ($7.88B), and Aircraft parts nes ($7.36B).

Economic Complexity: In 2019, the highest complexity exports of Illinois according to the product complexity index (PCI) are Tool Plates (1.98), Rolling Machines (1.93), Chemical Analysis Instruments (1.78), Metal Pickling Preparations (1.71), and Fork-Lifts (1.71). 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): Canada, $15.6B

Top Product (2019): Petroleum spirit for motor vehicles, $1.89B

In 2019 the top export destinations of Illinois were Canada ($15.6B), Mexico ($9.32B), Australia ($3.47B), Germany ($3.31B), and China ($2.94B).

In 2019 the top exports of Illinois were Petroleum spirit for motor vehicles ($1.89B), Blood, human or animal, antisera, other... ($1.65B), Dump trucks designed for off-highway use ($1.56B), Medicaments nes, in dosage ($1.49B), and Communication apparatus (excluding telephone sets or... ($1.37B).

Export Dynamics

#permalink to section

Fastest Growing Exports Destination (July 2019 - July 2020)

Rapidly Declining Export Origins (July 2019 - July 2020)

Yearly Imports

#permalink to section
Value
Depth
Year

Top Origin (2019): China, $42.1B

Top Import (2019): Petroleum oils, oils from bituminous minerals,..., $25.1B

In 2019 the top import origins of Illinois were China ($42.1B), Canada ($37.5B), Mexico ($12.8B), Japan ($10.4B), and Germany ($8.15B).

In 2019 the top imports of Illinois were Petroleum oils, oils from bituminous minerals,... ($25.1B), Telephones for cellular networks or for... ($16.4B), Commodities not specified according to kind ($8.83B), Automatic data processing machines: portable, weighing... ($7.88B), and Aircraft parts nes ($7.36B).

Import Dynamics

#permalink to section

Fastest Growing Import Origins (July 2019 - July 2020)

Rapidly Declining Import Origins (July 2019 - July 2020)

Comparison in Time

#permalink to section
Flow
Value

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

This section shows forecasts for total exports and imports from Illinois. 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

Illinois ranks 13th 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 Illinois already has a comparative advantage, are led by Nickel Bars (0.39), Orthopedic Appliances (0.39), Cermets (0.39), Spark-Ignition Engines (0.38), and Micro-Organism Culture Preparations (0.38).

Most Complex Products by PCI

#permalink to section

The highest complexity exports of Illinois according to the product complexity index (PCI) are Tool Plates (1.98), Rolling Machines (1.93), Chemical Analysis Instruments (1.78), Metal Pickling Preparations (1.71), and Fork-Lifts (1.71). 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 Starch Residue (46.4), Other Locomotives (25.3), Oil Seed Flower (21.9), Antifreeze (19.5), and Antiknock (14.5).

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.

Relatedness Space

#permalink to section

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.

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.