Ohio

State in United States

Exports (2019): $52.9B, Rnk 9/53

Top Destination (2019): $20.5B, Canada

Top Export (2019): $5.9B, Aircraft parts nes

Imports (2019): $68.8B, Rnk 11/53

Top Origin (2019): $12B, Canada

Top Import (2019): $5.11B, Medicaments nes, in dosage

Economic Complexity (2019): 0.49, Rnk 6 / 53

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

Exports: In 2019, United States' Ohio exported $52.9B, making it the 9th largest exporter out of the 53 exporters in United States. In 2019 the top exports of Ohio were Aircraft parts nes ($5.9B), Soya beans: other than seed, whether... ($1.68B), Medium Sized Cars ($1.6B), Large Sized Cars ($1.46B), and Commodities not specified according to kind ($1.13B).

Imports: In 2019, United States' Ohio imported $68.8B, making it the 11th largest importer out of the 53 importers in United States. In 2019 top imports of Ohio were Medicaments nes, in dosage ($5.11B), Commodities not specified according to kind ($3.17B), Medicaments; containing alkaloids or their derivatives;... ($1.17B), Parts of turbo-jet or turbo-propeller engines ($1.14B), and Motor vehicle parts nes ($1.1B).

Economic Complexity: In 2019, the highest complexity exports of Ohio according to the product complexity index (PCI) are Metalworking Transfer Machines (2.43), Tool Plates (1.98), Silicone (1.81), Chemical Analysis Instruments (1.78), and Metal Pickling Preparations (1.71). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Year

Top Destination (2019): Canada, $20.5B

Top Product (2019): Aircraft parts nes, $5.9B

In 2019 the top export destinations of Ohio were Canada ($20.5B), Mexico ($6.88B), China ($3.22B), United Kingdom ($2.2B), and Brazil ($2.02B).

In 2019 the top exports of Ohio were Aircraft parts nes ($5.9B), Soya beans: other than seed, whether... ($1.68B), Medium Sized Cars ($1.6B), Large Sized Cars ($1.46B), and Commodities not specified according to kind ($1.13B).

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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Depth
Year

Top Origin (2019): Canada, $12B

Top Import (2019): Medicaments nes, in dosage, $5.11B

In 2019 the top import origins of Ohio were Canada ($12B), China ($11B), Mexico ($8.87B), Germany ($4.85B), and Japan ($4.4B).

In 2019 the top imports of Ohio were Medicaments nes, in dosage ($5.11B), Commodities not specified according to kind ($3.17B), Medicaments; containing alkaloids or their derivatives;... ($1.17B), Parts of turbo-jet or turbo-propeller engines ($1.14B), and Motor vehicle parts nes ($1.1B).

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 Ohio throughout time.

This section shows forecasts for total exports and imports from Ohio. 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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Ohio ranks 6th 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 Ohio already has a comparative advantage, are led by Developed Exposed Photographic Material (0.37), Cermets (0.37), Combustion Engines (0.37), Nuclear Reactors (0.36), and Metalworking Machines (0.36).

Most Complex Products by PCI

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The highest complexity exports of Ohio according to the product complexity index (PCI) are Metalworking Transfer Machines (2.43), Tool Plates (1.98), Silicone (1.81), Chemical Analysis Instruments (1.78), and Metal Pickling Preparations (1.71). 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 Aircraft Parts (21.5), Coated Metal Soldering Products (15.1), Scrap Nickel (14.4), Titanium (13.6), and Asphalt (12.6).

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