NevadaState 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.
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).
Fastest Growing Exports Destination (July 2019 - July 2020)
Rapidly Declining Export Origins (July 2019 - July 2020)
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).
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.
Nevada ranks 44th out of the 53 states and territories in United States according to ECI.
Estimated using exports data.
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).
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.
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.
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.
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