Nebraska

State in United States

Exports (2019): $7.4B, Rnk 35/53

Top Destination (2019): $1.73B, Mexico

Top Export (2019): $677M, Soya beans: other than seed, whether...

Imports (2019): $4.27B, Rnk 44/53

Top Origin (2019): $956M, China

Top Import (2019): $160M, Heterocyclic compounds with unfused pyrazole ring,...

Economic Complexity (2019): -0.019, Rnk 45 / 53

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

Exports: In 2019, United States' Nebraska exported $7.4B, making it the 35th largest exporter out of the 53 exporters in United States. In 2019 the top exports of Nebraska were Soya beans: other than seed, whether... ($677M), Bovine cuts boneless, fresh or chilled ($592M), Bovine cuts boneless, frozen ($474M), Maize except seed corn ($397M), and Combine harvester-threshers ($337M).

Imports: In 2019, United States' Nebraska imported $4.27B, making it the 44th largest importer out of the 53 importers in United States. In 2019 top imports of Nebraska were Heterocyclic compounds with unfused pyrazole ring,... ($160M), Nucleic acids and their salts, other... ($154M), Road tractors for semi-trailers (truck tractors) ($150M), Commodities not specified according to kind ($115M), and Heterocyclic compounds with an unfused thiazole... ($113M).

Economic Complexity: In 2019, the highest complexity exports of Nebraska according to the product complexity index (PCI) are Chemical Analysis Instruments (1.78), Electric Soldering Equipment (1.65), Drafting Tools (1.59), Lubricating Products (1.47), and Other Measuring Instruments (1.44). 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): Mexico, $1.73B

Top Product (2019): Soya beans: other than seed, whether..., $677M

In 2019 the top export destinations of Nebraska were Mexico ($1.73B), Canada ($1.59B), Japan ($817M), South Korea ($470M), and China ($343M).

In 2019 the top exports of Nebraska were Soya beans: other than seed, whether... ($677M), Bovine cuts boneless, fresh or chilled ($592M), Bovine cuts boneless, frozen ($474M), Maize except seed corn ($397M), and Combine harvester-threshers ($337M).

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, $956M

Top Import (2019): Heterocyclic compounds with unfused pyrazole ring,..., $160M

In 2019 the top import origins of Nebraska were China ($956M), Canada ($910M), Mexico ($395M), Switzerland ($355M), and Japan ($341M).

In 2019 the top imports of Nebraska were Heterocyclic compounds with unfused pyrazole ring,... ($160M), Nucleic acids and their salts, other... ($154M), Road tractors for semi-trailers (truck tractors) ($150M), Commodities not specified according to kind ($115M), and Heterocyclic compounds with an unfused thiazole... ($113M).

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 Nebraska throughout time.

This section shows forecasts for total exports and imports from Nebraska. 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

Nebraska ranks 45th 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 Nebraska already has a comparative advantage, are led by Sorghum (0.16), Horses (0.16), Whey (0.15), Orthopedic Appliances (0.15), and Other Frozen Vegetables (0.15).

Most Complex Products by PCI

#permalink to section

The highest complexity exports of Nebraska according to the product complexity index (PCI) are Chemical Analysis Instruments (1.78), Electric Soldering Equipment (1.65), Drafting Tools (1.59), Lubricating Products (1.47), and Other Measuring Instruments (1.44). 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 Equine and Bovine Hides (152), Oil Seed Flower (72), Bovine Meat (63.5), Frozen Bovine Meat (59.3), and Starch Residue (47.2).

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 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

#permalink to section

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

#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.