Nevada

State in United States

Exports (2019): $8.96B, Rnk 33/53

Top Destination (2019): $1.54B, India

Top Export (2019): $2.69B, Gold in unwrought forms non-monetary

Imports (2019): $10.9B, Rnk 35/53

Top Origin (2019): $3.2B, China

Top Import (2019): $668M, Electronic integrated circuits: n.e.c. in heading...

Economic Complexity (2019): 0.0036, Rnk 44 / 53

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

Exports: In 2019, United States' Nevada exported $8.96B, making it the 33rd largest exporter out of the 53 exporters in United States. In 2019 the top exports of Nevada were Gold in unwrought forms non-monetary ($2.69B), Games, coin or disc operated ($536M), Electronic integrated circuits: n.e.c. in heading... ($462M), Copper ores and concentrates ($410M), and Diamonds (jewellery) worked but not mounted... ($345M).

Imports: In 2019, United States' Nevada imported $10.9B, making it the 35th largest importer out of the 53 importers in United States. In 2019 top imports of Nevada were Electronic integrated circuits: n.e.c. in heading... ($668M), Games, coin or disc operated ($446M), Parts of electric accumulators, including separators ($294M), Electronic integrated circuits: processors and controllers,... ($286M), and Commodities not specified according to kind ($285M).

Economic Complexity: In 2019, the highest complexity exports of Nevada according to the product complexity index (PCI) are Halides (1.74), Fork-Lifts (1.71), Blank Audio Media (1.48), X-Ray Equipment (1.47), and Other Stainless Steel Bars (1.45). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Top Destination (2019): India, $1.54B

Top Product (2019): Gold in unwrought forms non-monetary, $2.69B

In 2019 the top export destinations of Nevada were India ($1.54B), Switzerland ($1.31B), Canada ($1.16B), Mexico ($778M), and China ($515M).

In 2019 the top exports of Nevada were Gold in unwrought forms non-monetary ($2.69B), Games, coin or disc operated ($536M), Electronic integrated circuits: n.e.c. in heading... ($462M), Copper ores and concentrates ($410M), and Diamonds (jewellery) worked but not mounted... ($345M).

Export Dynamics

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Fastest Growing Exports Destination (July 2019 - July 2020)

Rapidly Declining Export Origins (July 2019 - July 2020)

Yearly Imports

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Year

Top Origin (2019): China, $3.2B

Top Import (2019): Electronic integrated circuits: n.e.c. in heading..., $668M

In 2019 the top import origins of Nevada were China ($3.2B), Canada ($1B), Mexico ($935M), Taiwan ($634M), and South Korea ($629M).

In 2019 the top imports of Nevada were Electronic integrated circuits: n.e.c. in heading... ($668M), Games, coin or disc operated ($446M), Parts of electric accumulators, including separators ($294M), Electronic integrated circuits: processors and controllers,... ($286M), and Commodities not specified according to kind ($285M).

Import Dynamics

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Fastest Growing Import Origins (July 2019 - July 2020)

Rapidly Declining Import Origins (July 2019 - July 2020)

Comparison in Time

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

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

Explore Forecasts

Economic Complexity

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Economic Complexity of United States

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Nevada ranks 44th out of the 53 states and territories in United States according to ECI.

Estimated using exports data.

Discover Economic Complexity

Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Nevada already has a comparative advantage, are led by Photo Lab Equipment (0.11), Microscopes (0.11), Ink Ribbons (0.11), Industrial Printers (0.11), and Mirrors and Lenses (0.11).

Most Complex Products by PCI

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The highest complexity exports of Nevada according to the product complexity index (PCI) are Halides (1.74), Fork-Lifts (1.71), Blank Audio Media (1.48), X-Ray Equipment (1.47), and Other Stainless Steel Bars (1.45). 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 Military Weapons (70.2), Binoculars and Telescopes (50.6), Cyanides (37.7), Video and Card Games (35.9), and Collector's Items (21.3).

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