Oklahoma

State in United States

Exports (2019): $6.04B, Rnk 38/53

Top Destination (2019): $1.57B, Canada

Top Export (2019): $660M, Aircraft parts nes

Imports (2019): $11.7B, Rnk 33/53

Top Origin (2019): $4.91B, Canada

Top Import (2019): $3.59B, Petroleum oils, oils from bituminous minerals,...

Economic Complexity (2019): 0.48, Rnk 7 / 53

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

Exports: In 2019, United States' Oklahoma exported $6.04B, making it the 38th largest exporter out of the 53 exporters in United States. In 2019 the top exports of Oklahoma were Aircraft parts nes ($660M), Supported catalysts, precious metal based ($321M), Diesel powered buses ($145M), Communication apparatus (excluding telephone sets or... ($129M), and Heat exchange units, non-domestic, non-electric ($111M).

Imports: In 2019, United States' Oklahoma imported $11.7B, making it the 33rd largest importer out of the 53 importers in United States. In 2019 top imports of Oklahoma were Petroleum oils, oils from bituminous minerals,... ($3.59B), Commodities not specified according to kind ($616M), Turbo-jet engines of a thrust >... ($338M), Parts of pumps for liquids ($301M), and Semiconductor media: solid-state non-volatile storage devices,... ($176M).

Economic Complexity: In 2019, the highest complexity exports of Oklahoma according to the product complexity index (PCI) are Machinery Having Individual Functions (2.02), Photographic Film (1.89), Chemical Analysis Instruments (1.78), Halides (1.74), and Fork-Lifts (1.71). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Value
Depth
Year

Top Destination (2019): Canada, $1.57B

Top Product (2019): Aircraft parts nes, $660M

In 2019 the top export destinations of Oklahoma were Canada ($1.57B), Mexico ($820M), Germany ($568M), Japan ($286M), and Netherlands ($258M).

In 2019 the top exports of Oklahoma were Aircraft parts nes ($660M), Supported catalysts, precious metal based ($321M), Diesel powered buses ($145M), Communication apparatus (excluding telephone sets or... ($129M), and Heat exchange units, non-domestic, non-electric ($111M).

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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Value
Depth
Year

Top Origin (2019): Canada, $4.91B

Top Import (2019): Petroleum oils, oils from bituminous minerals,..., $3.59B

In 2019 the top import origins of Oklahoma were Canada ($4.91B), China ($2.66B), Mexico ($696M), Germany ($334M), and Japan ($303M).

In 2019 the top imports of Oklahoma were Petroleum oils, oils from bituminous minerals,... ($3.59B), Commodities not specified according to kind ($616M), Turbo-jet engines of a thrust >... ($338M), Parts of pumps for liquids ($301M), and Semiconductor media: solid-state non-volatile storage devices,... ($176M).

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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Value

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

This section shows forecasts for total exports and imports from Oklahoma. 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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Oklahoma ranks 7th 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 Oklahoma already has a comparative advantage, are led by Spark-Ignition Engines (0.23), Combustion Engines (0.23), Iron Springs (0.23), Electric Furnaces (0.23), and Non-optical Microscopes (0.23).

Most Complex Products by PCI

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The highest complexity exports of Oklahoma according to the product complexity index (PCI) are Machinery Having Individual Functions (2.02), Photographic Film (1.89), Chemical Analysis Instruments (1.78), Halides (1.74), and Fork-Lifts (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 Peptones (63.5), Reaction and Catalytic Products (50.8), Industrial Furnaces (50), Liquid Fuel Furnaces (48.4), and Waxes (28).

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