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Overview This page contains the latest international trade data for Nebraska. In August 2024 Nebraska was the number 35 in total exports and the number 44 in total imports in United States.

Exports In 2023, United States' Nebraska exported $8.89B, making it the 35th largest exporter out of the 53 exporters in United States. In 2023 the top exports of Nebraska were Fresh/Chilled Boneless Beef Cuts ($981M), Combine harvester-threshers ($561M), Frozen Boneless Beef Cuts ($481M), Soya beans: other than seed, whether... ($471M), and Soya-bean oil-cake and other solid residues ($314M).

Imports In 2023, United States' Nebraska imported $5.71B, making it the 44th largest importer out of the 53 importers in United States. In 2023 top imports of Nebraska were Diesel road tractors for semi-trailers ($274M), Nucleic acids and their salts, other... ($268M), Heterocyclic compounds with unfused pyrazole ring,... ($255M), Parts of agricultural machinery ($210M), and Commodities not specified according to kind ($208M).

Economic Complexity In 2023, the highest complexity exports of Nebraska according to the product complexity index (PCI) are Metal Finishing Machines (1.64), Chemical Analysis Instruments (1.63), Laboratory Reagents (1.31), Enzymes (1.17), Electrical Resistors (1.06), Centrifuges (0.93), Liquid Dispersing Machines (0.9), Harvesting Machinery (0.87), Medical Instruments (0.86), and Pig Meat (0.66). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

Yearly Exports

Color
Depth
Top Destination (2023)Canada$1.7B
Top Product (2023)Fresh/Chilled Boneless Beef Cuts$981M

In 2023 the top export destinations of Nebraska were Canada ($1.7B), Mexico ($1.45B), Japan ($699M), China ($666M), and South Korea ($570M).

In 2023 the top exports of Nebraska were Fresh/Chilled Boneless Beef Cuts ($981M), Combine harvester-threshers ($561M), Frozen Boneless Beef Cuts ($481M), Soya beans: other than seed, whether... ($471M), and Soya-bean oil-cake and other solid residues ($314M).

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Exports Dynamics

Fastest Growing Exports Destination (Aug 2023 - Aug 2024)
Mexico $28.3M (27.6%)
China $9.53M (22.6%)
South Korea $6.78M (14.8%)
Rapidly Declining Export Origins (Aug 2023 - Aug 2024)
Belgium -$27.2M (-74.9%)
Australia -$23.6M (-56.7%)
Hong Kong -$14M (-70.8%)

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Yearly Imports

Color
Depth
Top Origin (2023)Canada$1.47B

In 2023 the top import origins of Nebraska were Canada ($1.47B), Mexico ($730M), China ($730M), Germany ($551M), and Switzerland ($505M).

In 2023 the top imports of Nebraska were Diesel road tractors for semi-trailers ($274M), Nucleic acids and their salts, other... ($268M), Heterocyclic compounds with unfused pyrazole ring,... ($255M), Parts of agricultural machinery ($210M), and Commodities not specified according to kind ($208M).

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Imports Dynamics

Fastest Growing Import Origins (Aug 2023 - Aug 2024)
Mexico $17.5M (27.1%)
Germany $15.8M (44.9%)
United Kingdom $10.8M (251%)
Rapidly Declining Import Origins (Aug 2023 - Aug 2024)
Switzerland -$31.5M (-55.8%)
Canada -$30.8M (-22.7%)
Thailand -$8.97M (-55.8%)

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Economic Complexity

Economic Complexity of Nebraska

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Economic Complexity (2023)0.09

Nebraska ranks 45th 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.

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Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were Nebraska already has a comparative advantage, are led by Barley (0.17), Oats (0.17), Rapeseed Oil (0.17), Poultry Meat (0.17), and Rapeseed (0.17).

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Most Complex Products by PCI

The highest complexity exports of Nebraska according to the product complexity index (PCI) are Metal Finishing Machines (1.64), Chemical Analysis Instruments (1.63), Laboratory Reagents (1.31), Enzymes (1.17), Electrical Resistors (1.06), Centrifuges (0.93), Liquid Dispersing Machines (0.9), Harvesting Machinery (0.87), Medical Instruments (0.86), and Pig Meat (0.66). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

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Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Bovine Meat (98.29), Edible Offal (61.44), Work Trucks (59.30), Harvesting Machinery (59.27), and Processed Egg Products (55.48).

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Product Space

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.

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Relatedness Space

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.

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Diversification Frontier

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. Bubble size corresponds to exports value by year 2020.

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