Nebraska

State in United States

2019
Economic
Complexity
: -0.027, Rank 46 of 53

Jan 2021
Trade
Exports | Imports
: $580M | $324M, 36 of 54 | 45 of 54

Jan 2021
Country
Destination | Origin
: Mexico | Canada , $154M  | $84.3M

Jan 2021
Product
Exports | Imports
: Bovine Meat | Nucleic Acids , $69.7M  | $29.5M

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

Exports: In 2020, United States' Nebraska exported $6.96B, making it the 35th largest exporter out of the 53 exporters in United States. In 2020 the top exports of Nebraska were Bovine cuts boneless, fresh or chilled ($680M), Soya beans: other than seed, whether... ($567M), Maize except seed corn ($442M), Bovine cuts boneless, frozen ($378M), and Combine harvester-threshers ($283M).

Imports: In 2020, United States' Nebraska imported $3.73B, making it the 44th largest importer out of the 53 importers in United States. In 2020 top imports of Nebraska were Nucleic acids and their salts, other... ($192M), Parts of agricultural machinery ($133M), Commodities not specified according to kind ($124M), Hetercyclic compounds with pyrimidine ring nes ($114M), and Heterocyclic compounds with an unfused thiazole... ($95M).

Economic Complexity: In 2019, the highest complexity exports of Nebraska according to the product complexity index (PCI) are Other Measuring Instruments (1.86), Electric Soldering Equipment (1.72), Chemical Analysis Instruments (1.7), Lubricating Products (1.51), and Drafting Tools (1.31). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

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Flow
Value
Reference Period

This section shows the differences between Nebraska'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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Depth

Top Destination (2020): Mexico, $1.64B

Top Product (2020): Bovine cuts boneless, fresh or chilled, $680M

In 2020 the top export destinations of Nebraska were Mexico ($1.64B), Canada ($1.33B), Japan ($736M), China ($433M), and South Korea ($417M).

In 2020 the top exports of Nebraska were Bovine cuts boneless, fresh or chilled ($680M), Soya beans: other than seed, whether... ($567M), Maize except seed corn ($442M), Bovine cuts boneless, frozen ($378M), and Combine harvester-threshers ($283M).

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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Depth

Top Origin (2020): Canada, $876M

Top Import (2020): Nucleic acids and their salts, other..., $192M

In 2020 the top import origins of Nebraska were Canada ($876M), China ($630M), Mexico ($370M), Germany ($306M), and Japan ($269M).

In 2020 the top imports of Nebraska were Nucleic acids and their salts, other... ($192M), Parts of agricultural machinery ($133M), Commodities not specified according to kind ($124M), Hetercyclic compounds with pyrimidine ring nes ($114M), and Heterocyclic compounds with an unfused thiazole... ($95M).

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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Nebraska ranks 46th 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 Nebraska already has a comparative advantage, are led by Horses (0.16), Whey (0.15), Butter (0.15), Orthopedic Appliances (0.15), and Wheat (0.15).

Most Complex Products by PCI

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The highest complexity exports of Nebraska according to the product complexity index (PCI) are Other Measuring Instruments (1.86), Electric Soldering Equipment (1.72), Chemical Analysis Instruments (1.7), Lubricating Products (1.51), and Drafting Tools (1.31). 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 Oil Seed Flower (75.7), Bovine Meat (64.8), Frozen Bovine Meat (57.4), Starch Residue (48.8), and Other Sugars (48).

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