Mississippi

State in United States

2019
Economic
Complexity
: 0.37, Rank 18 of 53

Jan 2021
Trade
Exports | Imports
: $891M | $1.42B, 33 of 54 | 29 of 54

Jan 2021
Country
Destination | Origin
: Canada | China , $154M  | $353M

Jan 2021
Product
Exports | Imports
: Refined Petroleum | Crude Petroleum , $177M  | $144M

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

Exports: In 2020, United States' Mississippi exported $10.2B, making it the 33rd largest exporter out of the 53 exporters in United States. In 2020 the top exports of Mississippi were Light petroleum distillates nes ($1.7B), Cotton, not carded or combed ($1.19B), Colouring matter: pigments and preparations based... ($544M), Instruments, appliances for medical, etc science,... ($529M), and Petroleum spirit for motor vehicles ($506M).

Imports: In 2020, United States' Mississippi imported $15.8B, making it the 29th largest importer out of the 53 importers in United States. In 2020 top imports of Mississippi were Light petroleum distillates nes ($963M), Petroleum oils, oils from bituminous minerals,... ($757M), Artificial parts of the body ($584M), Tools: for working in the hand,... ($413M), and Transmissions for motor vehicles ($371M).

Economic Complexity: In 2019, the highest complexity exports of Mississippi according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.2), Other Measuring Instruments (1.86), Fork-Lifts (1.67), Interchangeable Tool Parts (1.56), and Motor-working Tools (1.55). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

#permalink to section
Flow
Value
Reference Period

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

Visit Country Profile

Yearly Exports

#permalink to section
Value
Depth

Top Destination (2020): Canada, $2.08B

Top Product (2020): Light petroleum distillates nes, $1.7B

In 2020 the top export destinations of Mississippi were Canada ($2.08B), Mexico ($1.22B), China ($749M), Panama ($533M), and Belgium ($402M).

In 2020 the top exports of Mississippi were Light petroleum distillates nes ($1.7B), Cotton, not carded or combed ($1.19B), Colouring matter: pigments and preparations based... ($544M), Instruments, appliances for medical, etc science,... ($529M), and Petroleum spirit for motor vehicles ($506M).

Exports Dynamics

#permalink to section

Fastest Growing Exports Destination (Jan 2020 - Jan 2021)

Rapidly Declining Export Origins (Jan 2020 - Jan 2021)

Yearly Imports

#permalink to section
Value
Depth

Top Origin (2020): China, $3.94B

Top Import (2020): Light petroleum distillates nes, $963M

In 2020 the top import origins of Mississippi were China ($3.94B), Mexico ($1.87B), Canada ($884M), Vietnam ($832M), and Russia ($806M).

In 2020 the top imports of Mississippi were Light petroleum distillates nes ($963M), Petroleum oils, oils from bituminous minerals,... ($757M), Artificial parts of the body ($584M), Tools: for working in the hand,... ($413M), and Transmissions for motor vehicles ($371M).

Imports Dynamics

#permalink to section

Fastest Growing Import Origins (Jan 2020 - Jan 2021)

Rapidly Declining Import Origins (Jan 2020 - Jan 2021)

Economic Complexity

#permalink to section

Economic Complexity of United States

#permalink to section

Mississippi ranks 18th out of the 53 states and territories in United States according to ECI.

Estimated using exports data.

Discover Economic Complexity

Export Opportunities by Relatedness

#permalink to section

The top export opportunities according to the relatedness level, without considering those products were Mississippi already has a comparative advantage, are led by Thermostats (0.13), Laboratory Glassware (0.13), Oscilloscopes (0.13), Machinery Having Individual Functions (0.13), and Spark-Ignition Engines (0.13).

Most Complex Products by PCI

#permalink to section

The highest complexity exports of Mississippi according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.2), Other Measuring Instruments (1.86), Fork-Lifts (1.67), Interchangeable Tool Parts (1.56), and Motor-working Tools (1.55). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

#permalink to section

The most specialized products according to the RCA index are led by Raw Cotton (78.2), Cyanides (72.4), Other Coloring Matter (56.2), Motor-working Tools (31.3), and Sulfate Chemical Woodpulp (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 Mississippi 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

#permalink to section

This network shows the products most related to the production structure of  Mississippi. These are products that tend to be co-exported with the products that Mississippi exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

#permalink to section
Depth
Filter

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.