Missouri

State in United States

2019
Economic
Complexity
: 0.33, Rank 21 of 53

Jan 2021
Trade
Exports | Imports
: $1.22B | $2.27B, 27 of 54 | 23 of 54

Jan 2021
Country
Destination | Origin
: Canada | France , $397M  | $402M

Jan 2021
Product
Exports | Imports
: Delivery Trucks | Planes, Helicopters, and/or Spacecraft , $136M  | $520M

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

Exports: In 2020, United States' Missouri exported $12.8B, making it the 28th largest exporter out of the 53 exporters in United States. In 2020 the top exports of Missouri were Spark ignition engine trucks weighing <... ($1.86B), Soya beans: other than seed, whether... ($308M), Aircraft parts nes ($224M), Heterocyclic compounds with unfused pyridine ring,nes ($216M), and Lead ores and concentrates ($181M).

Imports: In 2020, United States' Missouri imported $18.8B, making it the 26th largest importer out of the 53 importers in United States. In 2020 top imports of Missouri were Petroleum oils, oils from bituminous minerals,... ($1.93B), Commodities not specified according to kind ($532M), AC motors, single-phase, nes ($337M), Beer made from malt ($318M), and Medicaments nes, in dosage ($299M).

Economic Complexity: In 2019, the highest complexity exports of Missouri according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.2), Photographic Chemicals (2.16), Halides (1.86), Other Measuring Instruments (1.86), and Other Esters (1.85). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

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

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Yearly Exports

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Top Destination (2020): Canada, $4.45B

Top Product (2020): Spark ignition engine trucks weighing <..., $1.86B

In 2020 the top export destinations of Missouri were Canada ($4.45B), Mexico ($2.17B), China ($680M), Germany ($539M), and South Korea ($474M).

In 2020 the top exports of Missouri were Spark ignition engine trucks weighing <... ($1.86B), Soya beans: other than seed, whether... ($308M), Aircraft parts nes ($224M), Heterocyclic compounds with unfused pyridine ring,nes ($216M), and Lead ores and concentrates ($181M).

Exports Dynamics

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Fastest Growing Exports Destination (Jan 2020 - Jan 2021)

Rapidly Declining Export Origins (Jan 2020 - Jan 2021)

Yearly Imports

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Top Origin (2020): Canada, $4.5B

Top Import (2020): Petroleum oils, oils from bituminous minerals,..., $1.93B

In 2020 the top import origins of Missouri were Canada ($4.5B), China ($3.74B), Mexico ($3.35B), Germany ($1.26B), and India ($459M).

In 2020 the top imports of Missouri were Petroleum oils, oils from bituminous minerals,... ($1.93B), Commodities not specified according to kind ($532M), AC motors, single-phase, nes ($337M), Beer made from malt ($318M), and Medicaments nes, in dosage ($299M).

Imports Dynamics

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Fastest Growing Import Origins (Jan 2020 - Jan 2021)

Rapidly Declining Import Origins (Jan 2020 - Jan 2021)

Economic Complexity

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Economic Complexity of United States

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Missouri ranks 21st out of the 53 states and territories in United States according to ECI.

Estimated using exports data.

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Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Missouri already has a comparative advantage, are led by Orthopedic Appliances (0.34), Non-optical Microscopes (0.34), Liquid Fuel Furnaces (0.33), X-Ray Equipment (0.33), and Laboratory Glassware (0.33).

Most Complex Products by PCI

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The highest complexity exports of Missouri according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.2), Photographic Chemicals (2.16), Halides (1.86), Other Measuring Instruments (1.86), and Other Esters (1.85). 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 Wood Barrels (46.7), Lead Ore (41.5), Vegetable Alkaloids (28.1), Hydraulic Brake Fluid (21.2), and Delivery Trucks (18.7).

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