Louisiana

State in United States

Exports (2019): $63.5B, Rnk 4/53

Top Destination (2019): $8.35B, Mexico

Top Export (2019): $15.7B, Light petroleum distillates nes

Imports (2019): $29B, Rnk 21/53

Top Origin (2019): $3.96B, Russia

Top Import (2019): $8.54B, Petroleum oils, oils from bituminous minerals,...

Economic Complexity (2019): -0.11, Rnk 48 / 53

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

Exports: In 2019, United States' Louisiana exported $63.5B, making it the 4th largest exporter out of the 53 exporters in United States. In 2019 the top exports of Louisiana were Light petroleum distillates nes ($15.7B), Soya beans: other than seed, whether... ($9.1B), Natural gas, liquefied ($5.97B), Petroleum spirit for motor vehicles ($4.82B), and Petroleum oils, oils from bituminous minerals,... ($4.39B).

Imports: In 2019, United States' Louisiana imported $29B, making it the 21st largest importer out of the 53 importers in United States. In 2019 top imports of Louisiana were Petroleum oils, oils from bituminous minerals,... ($8.54B), Light petroleum distillates nes ($5.55B), Medium Sized Cars ($976M), Coffee, not roasted, not decaffeinated ($565M), and Urea, including aqueous solution in packs... ($488M).

Economic Complexity: In 2019, the highest complexity exports of Louisiana according to the product complexity index (PCI) are Acrylic Polymers (1.61), Lubricating Products (1.47), Other Organo-Inorganic Compounds (1.28), Amino-resins (1.28), and Prepared Rubber Accelerators (1.21). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Value
Depth
Year

Top Destination (2019): Mexico, $8.35B

Top Product (2019): Light petroleum distillates nes, $15.7B

In 2019 the top export destinations of Louisiana were Mexico ($8.35B), China ($4.96B), Brazil ($3.83B), South Korea ($3.64B), and Netherlands ($3.1B).

In 2019 the top exports of Louisiana were Light petroleum distillates nes ($15.7B), Soya beans: other than seed, whether... ($9.1B), Natural gas, liquefied ($5.97B), Petroleum spirit for motor vehicles ($4.82B), and Petroleum oils, oils from bituminous minerals,... ($4.39B).

Export Dynamics

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Fastest Growing Exports Destination (July 2019 - July 2020)

Rapidly Declining Export Origins (July 2019 - July 2020)

Yearly Imports

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Value
Depth
Year

Top Origin (2019): Russia, $3.96B

Top Import (2019): Petroleum oils, oils from bituminous minerals,..., $8.54B

In 2019 the top import origins of Louisiana were Russia ($3.96B), Canada ($3.46B), Mexico ($2.4B), Brazil ($1.78B), and Colombia ($1.09B).

In 2019 the top imports of Louisiana were Petroleum oils, oils from bituminous minerals,... ($8.54B), Light petroleum distillates nes ($5.55B), Medium Sized Cars ($976M), Coffee, not roasted, not decaffeinated ($565M), and Urea, including aqueous solution in packs... ($488M).

Import Dynamics

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Fastest Growing Import Origins (July 2019 - July 2020)

Rapidly Declining Import Origins (July 2019 - July 2020)

Comparison in Time

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Value

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

This section shows forecasts for total exports and imports from Louisiana. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

Explore Forecasts

Economic Complexity

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Economic Complexity of United States

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Louisiana ranks 48th out of the 53 states and territories in United States according to ECI.

Estimated using exports data.

Discover Economic Complexity

Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Louisiana already has a comparative advantage, are led by Epoxides (0.12), Radioactive Chemicals (0.11), Other Frozen Vegetables (0.11), Coal Briquettes (0.11), and Raw Aluminium (0.11).

Most Complex Products by PCI

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The highest complexity exports of Louisiana according to the product complexity index (PCI) are Acrylic Polymers (1.61), Lubricating Products (1.47), Other Organo-Inorganic Compounds (1.28), Amino-resins (1.28), and Prepared Rubber Accelerators (1.21). 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 Soybeans (42.2), Corn (28), Other Organo-Inorganic Compounds (27.1), Starch Residue (25.8), and Halogenated Hydrocarbons (19).

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