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Overview This page contains the latest international trade data for Kentucky. In November 2023 Kentucky was the number 16 in total exports and the number 15 in total imports in United States.

Exports In 2022, United States' Kentucky exported $34.4B, making it the 16th largest exporter out of the 53 exporters in United States. In 2022 the top exports of Kentucky were Other Aircraft parts ($10.4B), Antisera and other blood fractions ($1.41B), Diagnostic or laboratory reagents (excl. for... ($960M), Diesel Trucks 5-20 tonnes ($670M), and Medicaments nes, in dosage ($493M).

Imports In 2022, United States' Kentucky imported $69.6B, making it the 15th largest importer out of the 53 importers in United States. In 2022 top imports of Kentucky were Immunological products packings for retail sale ($10.2B), Medicaments nes, in dosage ($5.73B), Commodities not specified according to kind ($4.65B), Parts of turbo-jet or turbo-propeller engines ($2.93B), and Other games: video game consoles and... ($2.11B).

Economic Complexity In 2022, the highest complexity exports of Kentucky according to the product complexity index (PCI) are Cermets (1.96), Silicone (1.8), Tool Plates (1.7), Metalworking Machine Parts (1.57), Transmissions (1.53), Petroleum Resins (1.53), Other Nickel Products (1.36), Flat-Rolled Iron (1.35), Other Organo-Inorganic Compounds (1.34), and Gaskets (1.23). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

Yearly Exports

Color
Depth
Top Destination (2022)Canada$8.43B
Top Product (2022)Other Aircraft parts $10.4B

In 2022 the top export destinations of Kentucky were Canada ($8.43B), Mexico ($3.53B), United Kingdom ($3.49B), China ($2.52B), and France ($2.39B).

In 2022 the top exports of Kentucky were Other Aircraft parts ($10.4B), Antisera and other blood fractions ($1.41B), Diagnostic or laboratory reagents (excl. for... ($960M), Diesel Trucks 5-20 tonnes ($670M), and Medicaments nes, in dosage ($493M).

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Exports Dynamics

Fastest Growing Exports Destination (Nov 2022 - Nov 2023)
France $162M (94.2%)
Brazil $66.5M (36.9%)
United Kingdom $46.3M (15.2%)
Rapidly Declining Export Origins (Nov 2022 - Nov 2023)
Belgium -$45.5M (-59%)
South Korea -$6.33M (-13%)
Germany -$4.83M (-6.58%)

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Yearly Imports

Color
Depth
Top Origin (2022)Japan$8.03B

In 2022 the top import origins of Kentucky were Japan ($8.03B), China ($7.72B), Mexico ($7.61B), Canada ($5.16B), and Ireland ($4.89B).

In 2022 the top imports of Kentucky were Immunological products packings for retail sale ($10.2B), Medicaments nes, in dosage ($5.73B), Commodities not specified according to kind ($4.65B), Parts of turbo-jet or turbo-propeller engines ($2.93B), and Other games: video game consoles and... ($2.11B).

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Imports Dynamics

Fastest Growing Import Origins (Nov 2022 - Nov 2023)
Netherlands $314M (154%)
India $129M (142%)
Canada $87.7M (21.7%)
Rapidly Declining Import Origins (Nov 2022 - Nov 2023)
Ireland -$202M (-31.6%)
Vietnam -$114M (-50.7%)
South Africa -$74.8M (-82.1%)

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Economic Complexity

Economic Complexity of Kentucky

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Economic Complexity (2022)0.54

Kentucky ranks 4th 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 Kentucky already has a comparative advantage, are led by Nickel Sheets (0.21), Epoxides (0.21), Photographic Chemicals (0.21), Photo Lab Equipment (0.21), and Non-optical Microscopes (0.2).

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Most Complex Products by PCI

The highest complexity exports of Kentucky according to the product complexity index (PCI) are Cermets (1.96), Silicone (1.8), Tool Plates (1.7), Metalworking Machine Parts (1.57), Transmissions (1.53), Petroleum Resins (1.53), Other Nickel Products (1.36), Flat-Rolled Iron (1.35), Other Organo-Inorganic Compounds (1.34), and Gaskets (1.23). 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 Blown Glass (104.08), Wood Barrels (85.20), Aircraft Parts (76.58), Gaskets (50.32), and Other Nickel Products (41.09).

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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 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.

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Relatedness Space

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.

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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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