Kentucky

State in United States

2019
Economic
Complexity
: 0.55, Rank 5 of 53

Jan 2021
Trade
Exports | Imports
: $2B | $4.45B, 19 of 54 | 14 of 54

Jan 2021
Country
Destination | Origin
: Canada | Japan , $502M  | $577M

Jan 2021
Product
Exports | Imports
: Aircraft Parts | Blood, antisera, vaccines, toxins and cultures , $550M  | $819M

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

Exports: In 2020, United States' Kentucky exported $24.7B, making it the 19th largest exporter out of the 53 exporters in United States. In 2020 the top exports of Kentucky were Aircraft parts nes ($7.72B), Blood, human or animal, antisera, other... ($1.11B), Electro-diagnostic apparatus, nes ($599M), Diesel powered trucks weighing 5-20 tonnes ($527M), and Large Sized Cars ($386M).

Imports: In 2020, United States' Kentucky imported $54.9B, making it the 14th largest importer out of the 53 importers in United States. In 2020 top imports of Kentucky were Blood, human or animal, antisera, other... ($7.64B), Commodities not specified according to kind ($6.11B), Medicaments nes, in dosage ($5.67B), Parts of turbo-jet or turbo-propeller engines ($1.91B), and Electronic integrated circuits: processors and controllers,... ($1.76B).

Economic Complexity: In 2019, the highest complexity exports of Kentucky according to the product complexity index (PCI) are Tool Plates (1.96), Metal Lathes (1.88), Cermets (1.87), Silicone (1.83), and Blank Audio Media (1.74). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

#permalink to section
Flow
Value
Reference Period

This section shows the differences between Kentucky's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit United States's country profile.

Visit Country Profile

Yearly Exports

#permalink to section
Value
Depth

Top Destination (2020): Canada, $6.55B

Top Product (2020): Aircraft parts nes, $7.72B

In 2020 the top export destinations of Kentucky were Canada ($6.55B), United Kingdom ($2.5B), Mexico ($2.15B), France ($1.75B), and Brazil ($1.71B).

In 2020 the top exports of Kentucky were Aircraft parts nes ($7.72B), Blood, human or animal, antisera, other... ($1.11B), Electro-diagnostic apparatus, nes ($599M), Diesel powered trucks weighing 5-20 tonnes ($527M), and Large Sized Cars ($386M).

Exports Dynamics

#permalink to section

Fastest Growing Exports Destination (Jan 2020 - Jan 2021)

Rapidly Declining Export Origins (Jan 2020 - Jan 2021)

Yearly Imports

#permalink to section
Value
Depth

Top Origin (2020): Mexico, $6.88B

Top Import (2020): Blood, human or animal, antisera, other..., $7.64B

In 2020 the top import origins of Kentucky were Mexico ($6.88B), Japan ($6.31B), China ($5.77B), Switzerland ($5.45B), and Ireland ($3.77B).

In 2020 the top imports of Kentucky were Blood, human or animal, antisera, other... ($7.64B), Commodities not specified according to kind ($6.11B), Medicaments nes, in dosage ($5.67B), Parts of turbo-jet or turbo-propeller engines ($1.91B), and Electronic integrated circuits: processors and controllers,... ($1.76B).

Imports Dynamics

#permalink to section

Fastest Growing Import Origins (Jan 2020 - Jan 2021)

Rapidly Declining Import Origins (Jan 2020 - Jan 2021)

Economic Complexity

#permalink to section

Economic Complexity of United States

#permalink to section

Kentucky ranks 5th 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 Kentucky already has a comparative advantage, are led by Halides (0.18), Photographic Plates (0.18), Non-optical Microscopes (0.18), Photographic Chemicals (0.17), and Fork-Lifts (0.17).

Most Complex Products by PCI

#permalink to section

The highest complexity exports of Kentucky according to the product complexity index (PCI) are Tool Plates (1.96), Metal Lathes (1.88), Cermets (1.87), Silicone (1.83), and Blank Audio Media (1.74). 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 Aircraft Parts (87.3), Wood Barrels (74.8), Blown Glass (69.5), Horses (36.9), and Military Weapons (34.3).

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