Mississippi

State in United States

Exports (2019): $11.8B, Rnk 31/53

Top Destination (2019): $2.72B, Canada

Top Export (2019): $2.22B, Light petroleum distillates nes

Imports (2019): $17B, Rnk 29/53

Top Origin (2019): $4.45B, China

Top Import (2019): $1.8B, Petroleum oils, oils from bituminous minerals,...

Economic Complexity (2019): 0.25, Rnk 28 / 53

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

Exports: In 2019, United States' Mississippi exported $11.8B, making it the 31st largest exporter out of the 53 exporters in United States. In 2019 the top exports of Mississippi were Light petroleum distillates nes ($2.22B), Petroleum spirit for motor vehicles ($847M), Cotton, not carded or combed ($765M), Instruments, appliances for medical, etc science,... ($607M), and Medium Sized Cars ($559M).

Imports: In 2019, United States' Mississippi imported $17B, making it the 29th largest importer out of the 53 importers in United States. In 2019 top imports of Mississippi were Petroleum oils, oils from bituminous minerals,... ($1.8B), Light petroleum distillates nes ($1.12B), Artificial parts of the body ($557M), Transmissions for motor vehicles ($442M), and Parts of seats ($421M).

Economic Complexity: In 2019, the highest complexity exports of Mississippi according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.25), Fork-Lifts (1.71), Acrylic Polymers (1.61), Drafting Tools (1.59), and Motor-working Tools (1.56). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

#permalink to section
Value
Depth
Year

Top Destination (2019): Canada, $2.72B

Top Product (2019): Light petroleum distillates nes, $2.22B

In 2019 the top export destinations of Mississippi were Canada ($2.72B), Mexico ($1.44B), Panama ($1.05B), Netherlands ($530M), and Honduras ($505M).

In 2019 the top exports of Mississippi were Light petroleum distillates nes ($2.22B), Petroleum spirit for motor vehicles ($847M), Cotton, not carded or combed ($765M), Instruments, appliances for medical, etc science,... ($607M), and Medium Sized Cars ($559M).

Export Dynamics

#permalink to section

Fastest Growing Exports Destination (July 2019 - July 2020)

Rapidly Declining Export Origins (July 2019 - July 2020)

Yearly Imports

#permalink to section
Value
Depth
Year

Top Origin (2019): China, $4.45B

Top Import (2019): Petroleum oils, oils from bituminous minerals,..., $1.8B

In 2019 the top import origins of Mississippi were China ($4.45B), Mexico ($1.63B), Canada ($936M), Japan ($761M), and Germany ($676M).

In 2019 the top imports of Mississippi were Petroleum oils, oils from bituminous minerals,... ($1.8B), Light petroleum distillates nes ($1.12B), Artificial parts of the body ($557M), Transmissions for motor vehicles ($442M), and Parts of seats ($421M).

Import Dynamics

#permalink to section

Fastest Growing Import Origins (July 2019 - July 2020)

Rapidly Declining Import Origins (July 2019 - July 2020)

Comparison in Time

#permalink to section
Flow
Value

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

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

Explore Forecasts

Economic Complexity

#permalink to section

Economic Complexity of United States

#permalink to section

Mississippi ranks 28th 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 Oscilloscopes (0.13), Thermostats (0.13), Spark-Ignition Engines (0.13), Vacuum Cleaners (0.13), and Electrical Lighting and Signalling Equipment (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 (2.25), Fork-Lifts (1.71), Acrylic Polymers (1.61), Drafting Tools (1.59), and Motor-working Tools (1.56). 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 (83.6), Cyanides (71.4), Other Coloring Matter (56.1), Motor-working Tools (28.4), and Sulfate Chemical Woodpulp (19.2).

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 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.