Illinois

State in United States

2019
Economic
Complexity
: 0.4, Rank 14 of 53

Jan 2021
Trade
Exports | Imports
: $4.44B | $14.2B, 5 of 54 | 3 of 54

Jan 2021
Country
Destination | Origin
: Canada | China , $1.14B  | $4.97B

Jan 2021
Product
Exports | Imports
: Telephones | Telephones , $168M  | $2.28B

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

Exports: In 2020, United States' Illinois exported $53.4B, making it the 5th largest exporter out of the 53 exporters in United States. In 2020 the top exports of Illinois were Medicaments nes, in dosage ($1.99B), Dump trucks designed for off-highway use ($1.89B), Blood, human or animal, antisera, other... ($1.55B), Communication apparatus (excluding telephone sets or... ($1.49B), and Brewing or distilling dregs and waste ($904M).

Imports: In 2020, United States' Illinois imported $156B, making it the 3rd largest importer out of the 53 importers in United States. In 2020 top imports of Illinois were Telephones for cellular networks or for... ($18.8B), Petroleum oils, oils from bituminous minerals,... ($17B), Automatic data processing machines: portable, weighing... ($12.4B), Commodities not specified according to kind ($9.49B), and Medicaments nes, in dosage ($5.32B).

Economic Complexity: In 2019, the highest complexity exports of Illinois according to the product complexity index (PCI) are Tool Plates (1.96), Other Measuring Instruments (1.86), Metalworking Machines (1.82), Iron Fasteners (1.81), and Non-Mechanical Removal Machinery (1.78). 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 Illinois'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, $13.3B

Top Product (2020): Medicaments nes, in dosage, $1.99B

In 2020 the top export destinations of Illinois were Canada ($13.3B), Mexico ($7.28B), Germany ($3.55B), Australia ($3.42B), and China ($3B).

In 2020 the top exports of Illinois were Medicaments nes, in dosage ($1.99B), Dump trucks designed for off-highway use ($1.89B), Blood, human or animal, antisera, other... ($1.55B), Communication apparatus (excluding telephone sets or... ($1.49B), and Brewing or distilling dregs and waste ($904M).

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): China, $48.3B

Top Import (2020): Telephones for cellular networks or for..., $18.8B

In 2020 the top import origins of Illinois were China ($48.3B), Canada ($28.6B), Mexico ($12.6B), Germany ($8.7B), and Japan ($8.14B).

In 2020 the top imports of Illinois were Telephones for cellular networks or for... ($18.8B), Petroleum oils, oils from bituminous minerals,... ($17B), Automatic data processing machines: portable, weighing... ($12.4B), Commodities not specified according to kind ($9.49B), and Medicaments nes, in dosage ($5.32B).

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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Illinois ranks 14th 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 Illinois already has a comparative advantage, are led by Orthopedic Appliances (0.4), Laboratory Glassware (0.4), Nickel Bars (0.4), Copper Fasteners (0.39), and Spark-Ignition Engines (0.39).

Most Complex Products by PCI

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The highest complexity exports of Illinois according to the product complexity index (PCI) are Tool Plates (1.96), Other Measuring Instruments (1.86), Metalworking Machines (1.82), Iron Fasteners (1.81), and Non-Mechanical Removal Machinery (1.78). 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 Starch Residue (48), Other Locomotives (25.7), Oil Seed Flower (23), Antifreeze (19.9), and Antiknock (15.3).

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

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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

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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.