Overview This page contains the latest international trade data for Michigan. In August 2022 Michigan was the number 6 in total exports and the number 6 in total imports in United States.

Exports In 2021, United States' Michigan exported $55.5B, making it the 6th largest exporter out of the 53 exporters in United States. In 2021 the top exports of Michigan were Spark ignition Trucks < 5... ($5.38B), Vaccines, human use ($5.03B), Large Sized Cars ($3.62B), Transmissions for motor vehicles ($2.24B), and Others parts and accessories of bodies... ($1.71B).

Imports In 2021, United States' Michigan imported $132B, making it the 6th largest importer out of the 53 importers in United States. In 2021 top imports of Michigan were Spark ignition Trucks < 5... ($10.9B), Small Sized Cars ($8.41B), Medium Sized Cars ($8.07B), Diesel Trucks < 5 tonnes ($7.7B), and Large Sized Cars ($7.36B).

Economic Complexity In 2020, the highest complexity exports of Michigan according to the product complexity index (PCI) are Silicone (1.81), Polymer Ion-Exchangers (1.61), Glass Mirrors (1.21), Vaccines, blood, antisera, toxins and cultures (1.04), and Medical Furniture (0.78). 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): Canada, $21.7B

Top Product (2021): Spark ignition Trucks < 5..., $5.38B

In 2021 the top export destinations of Michigan were Canada ($21.7B), Mexico ($10.6B), China ($2.75B), Brazil ($2.43B), and Germany ($1.71B).

In 2021 the top exports of Michigan were Spark ignition Trucks < 5... ($5.38B), Vaccines, human use ($5.03B), Large Sized Cars ($3.62B), Transmissions for motor vehicles ($2.24B), and Others parts and accessories of bodies... ($1.71B).

Exports Dynamics

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Fastest Growing Exports Destination (Aug 2021 - Aug 2022)

Rapidly Declining Export Origins (Aug 2021 - Aug 2022)

Yearly Imports

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Top Origin (2021): Mexico, $52B

Top Import (2021): Spark ignition Trucks < 5..., $10.9B

In 2021 the top import origins of Michigan were Mexico ($52B), Canada ($37.9B), China ($8.32B), South Korea ($7.21B), and Germany ($4.75B).

In 2021 the top imports of Michigan were Spark ignition Trucks < 5... ($10.9B), Small Sized Cars ($8.41B), Medium Sized Cars ($8.07B), Diesel Trucks < 5 tonnes ($7.7B), and Large Sized Cars ($7.36B).

Imports Dynamics

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Fastest Growing Import Origins (Aug 2021 - Aug 2022)

Rapidly Declining Import Origins (Aug 2021 - Aug 2022)

Economic Complexity

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Economic Complexity of Michigan

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Economic Complexity (2021): 0.48

Michigan 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.

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 Michigan already has a comparative advantage, are led by Halides (0.26), Nickel Sheets (0.26), Developed Exposed Photographic Material (0.26), Machinery Having Individual Functions (0.25), and Fork-Lifts (0.25).

Most Complex Products by PCI

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The highest complexity exports of Michigan according to the product complexity index (PCI) are Silicone (1.81), Polymer Ion-Exchangers (1.61), Glass Mirrors (1.21), Vaccines, blood, antisera, toxins and cultures (1.04), and Medical Furniture (0.78). 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 Glass Mirrors (44.1), Nickel Ore (23.3), Hydrogen (19.5), Delivery Trucks (15.8), and Silicone (13.2).

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