Overview This page contains the latest international trade data for Louisiana. In May 2022 Louisiana was the number 4 in total exports and the number 23 in total imports in United States.

Exports In 2021, United States' Louisiana exported $76.8B, making it the 4th largest exporter out of the 53 exporters in United States. In 2021 the top exports of Louisiana were Natural gas, liquefied ($13.8B), Soya beans: other than seed, whether... ($11.8B), Maize except seed corn ($9.79B), Light petroleum distillates nes ($9.29B), and Petroleum oils, oils from bituminous minerals,... ($4.73B).

Imports In 2021, United States' Louisiana imported $30.9B, making it the 23rd largest importer out of the 53 importers in United States. In 2021 top imports of Louisiana were Light petroleum distillates nes ($5.98B), Petroleum oils, oils from bituminous minerals,... ($4.33B), Urea, including aqueous solution in packs... ($1.14B), Copper cathodes and sections of cathodes... ($852M), and Coffee, not roasted, not decaffeinated ($783M).

Economic Complexity In 2020, the highest complexity exports of Louisiana according to the product complexity index (PCI) are Other Organo-Inorganic Compounds (1.31), Halogenated Hydrocarbons (0.94), Sodium or Potassium Peroxides (0.22), Starch Residue (-0.049), and Petroleum Coke (-0.77). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

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Yearly Exports

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Top Destination (2021): China, $12.3B

Top Product (2021): Natural gas, liquefied, $13.8B

In 2021 the top export destinations of Louisiana were China ($12.3B), Mexico ($7.27B), South Korea ($5.08B), Japan ($4.46B), and Brazil ($3.72B).

In 2021 the top exports of Louisiana were Natural gas, liquefied ($13.8B), Soya beans: other than seed, whether... ($11.8B), Maize except seed corn ($9.79B), Light petroleum distillates nes ($9.29B), and Petroleum oils, oils from bituminous minerals,... ($4.73B).

Exports Dynamics

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Fastest Growing Exports Destination (May 2021 - May 2022)

Rapidly Declining Export Origins (May 2021 - May 2022)

Yearly Imports

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Top Origin (2021): Russia, $5.48B

Top Import (2021): Light petroleum distillates nes, $5.98B

In 2021 the top import origins of Louisiana were Russia ($5.48B), Mexico ($3.03B), Canada ($2.97B), Brazil ($1.6B), and China ($1.38B).

In 2021 the top imports of Louisiana were Light petroleum distillates nes ($5.98B), Petroleum oils, oils from bituminous minerals,... ($4.33B), Urea, including aqueous solution in packs... ($1.14B), Copper cathodes and sections of cathodes... ($852M), and Coffee, not roasted, not decaffeinated ($783M).

Imports Dynamics

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Fastest Growing Import Origins (May 2021 - May 2022)

Rapidly Declining Import Origins (May 2021 - May 2022)

Economic Complexity

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Economic Complexity of Louisiana

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Economic Complexity (2021): -0.09

Louisiana ranks 47th 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.

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 Ammonia (0.11), Epoxides (0.1), Sulphur (0.1), Radioactive Chemicals (0.1), and Photographic Paper (0.1).

Most Complex Products by PCI

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The highest complexity exports of Louisiana according to the product complexity index (PCI) are Other Organo-Inorganic Compounds (1.31), Halogenated Hydrocarbons (0.94), Sodium or Potassium Peroxides (0.22), Starch Residue (-0.049), and Petroleum Coke (-0.77). 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 Corn (61.1), Soybeans (45.7), Starch Residue (28.8), Soybean Meal (22.1), and Oil Seed Flower (19.5).

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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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.