IndianaState in United States
Exports (2019): $39.3B, Rnk 13/53
Top Destination (2019): $13.2B, Canada
Top Export (2019): $2.95B, Medicaments nes, in dosage
Imports (2019): $64.4B, Rnk 12/53
Top Origin (2019): $9.04B, Ireland
Top Import (2019): $5.58B, Hormones nes, except contraceptives, in dosage
Economic Complexity (2019): 0.47, Rnk 8 / 53
Overview: This page contains the latest international trade data for Indiana, including export and import data.
Exports: In 2019, United States' Indiana exported $39.3B, making it the 13th largest exporter out of the 53 exporters in United States. In 2019 the top exports of Indiana were Medicaments nes, in dosage ($2.95B), Transmissions for motor vehicles ($2.27B), Spark ignition engine trucks weighing <... ($2.08B), Aircraft parts nes ($1.86B), and Blood, human or animal, antisera, other... ($1.67B).
Imports: In 2019, United States' Indiana imported $64.4B, making it the 12th largest importer out of the 53 importers in United States. In 2019 top imports of Indiana were Hormones nes, except contraceptives, in dosage ($5.58B), Blood, human or animal, antisera, other... ($2.97B), Blood, human or animal, antisera, other... ($2.78B), Commodities not specified according to kind ($2.7B), and Medicaments nes, in dosage ($1.98B).
Economic Complexity: In 2019, the highest complexity exports of Indiana according to the product complexity index (PCI) are Cermets (2.2), Silicone (1.81), Chemical Analysis Instruments (1.78), Fork-Lifts (1.71), and Iron Fasteners (1.66). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Top Destination (2019): Canada, $13.2B
Top Product (2019): Medicaments nes, in dosage, $2.95B
In 2019 the top export destinations of Indiana were Canada ($13.2B), Mexico ($5.67B), Japan ($2.11B), China ($2.04B), and Germany ($1.41B).
In 2019 the top exports of Indiana were Medicaments nes, in dosage ($2.95B), Transmissions for motor vehicles ($2.27B), Spark ignition engine trucks weighing <... ($2.08B), Aircraft parts nes ($1.86B), and Blood, human or animal, antisera, other... ($1.67B).
Top Origin (2019): Ireland, $9.04B
Top Import (2019): Hormones nes, except contraceptives, in dosage, $5.58B
In 2019 the top import origins of Indiana were Ireland ($9.04B), China ($7.77B), Canada ($7.77B), Japan ($6.71B), and Denmark ($5.94B).
In 2019 the top imports of Indiana were Hormones nes, except contraceptives, in dosage ($5.58B), Blood, human or animal, antisera, other... ($2.97B), Blood, human or animal, antisera, other... ($2.78B), Commodities not specified according to kind ($2.7B), and Medicaments nes, in dosage ($1.98B).
This section shows differences between total trade from Indiana throughout time.
This section shows forecasts for total exports and imports from Indiana. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.
Indiana ranks 8th out of the 53 states and territories in United States according to ECI.
Estimated using exports data.
The top export opportunities according to the relatedness level, without considering those products were Indiana already has a comparative advantage, are led by X-Ray Equipment (0.24), Tensile Testing Machines (0.24), Electric Soldering Equipment (0.24), Metalworking Machine Parts (0.23), and Spark-Ignition Engines (0.23).
The highest complexity exports of Indiana according to the product complexity index (PCI) are Cermets (2.2), Silicone (1.81), Chemical Analysis Instruments (1.78), Fork-Lifts (1.71), and Iron Fasteners (1.66). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The most specialized products according to the RCA index are led by Nickel Sheets (24.5), Dextrins (19.2), Trailers (18.1), Armored vehicles (16.8), and Combustion Engines (15.8).
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 Indiana 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.
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.
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