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State in United States

2023
Economic
Complexity 0.47Rank 12 of 52
Nov 2024
Trade
Exports | Imports $4.27B | $10.6B14 of 54 | 8 of 54
Nov 2024
Country
Destination | Origin Canada | China $1.1B  | $1.46B

About

Overview This page contains the latest international trade data for Pennsylvania. In November 2024 Pennsylvania was the number 11 in total exports and the number 8 in total imports in United States.

Exports In 2023, United States' Pennsylvania exported $49.5B, making it the 11th largest exporter out of the 53 exporters in United States. In 2023 the top exports of Pennsylvania were Medicaments in Dosage (n.e.s.) ($2.45B), Human vaccines and similar products ($2.33B), Bituminous coal, not agglomerated ($2.22B), Propane, liquefied ($2.16B), and Immunological Products Packings for Retail Sale ($1.74B).

Imports In 2023, United States' Pennsylvania imported $111B, making it the 8th largest importer out of the 53 importers in United States. In 2023 top imports of Pennsylvania were Medicaments in Dosage (n.e.s.) ($12.7B), Immunological Products Packings for Retail Sale ($6.77B), Smartphones ($5.57B), Crude Petroleum Oils ($5.09B), and Portable Computers under 10kg with Keyboard... ($4.05B).

Economic Complexity In 2023, the highest complexity exports of Pennsylvania according to the product complexity index (PCI) are Precious Metal Compounds (2.14), Non-optical Microscopes (1.87), Polymer Ion-Exchangers (1.74), Fork-Lifts (1.69), Papermaking Machines (1.67), Tensile Testing Machines (1.6), Other Stainless Steel Bars (1.6), Photographic Film (1.59), Flat-Rolled Iron (1.52), and Hydrides and other anions (1.47). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Latest Trends

November, 2024

About

Overview In November 2024 Pennsylvania exported $4.27B and imported $10.6B, resulting in a negative trade balance of $6.29B. Between November 2023 and November 2024 the exports of Pennsylvania have increased by $148M (3.6%) from $4.12B to $4.27B, while imports increased by $1.18B (12.6%) from $9.37B to $10.6B.

Trade In November 2024, the top exports of Pennsylvania were Vaccines, blood, antisera, toxins and cultures ($292M), Petroleum Gas ($266M), Coal Briquettes ($187M), Telephones ($178M), and Aircraft parts (gliders, balloons, and powered... ($120M). In November 2024 the top imports of Pennsylvania were Vaccines, blood, antisera, toxins and cultures ($1.58B), Packaged Medicaments ($1.52B), Telephones ($805M), Cars ($609M), and Computers ($365M).

Destinations In November 2024, Pennsylvania exported mostly to Canada ($1.1B), Mexico ($404M), China ($333M), Japan ($172M), and United Kingdom ($161M), and imported mostly from China ($1.46B), Canada ($1.08B), Ireland ($993M), South Korea ($699M), and Mexico ($566M).

Growth In November 2024, the increase in Pennsylvania's year-by-year exports was explained primarily by an increase in exports to China ($109M or 48.6%), Belgium ($67.6M or 92.4%), and Hong Kong ($53.8M or 118%), and product exports increase in Petroleum Gas ($119M or 80.8%), Aircraft parts (gliders, balloons, and powered... ($77.8M or 183%), and Motor vehicles; parts and accessories (8701... ($26.4M or 50%). In November 2024, the increase in Pennsylvania's year-by-year imports was explained primarily by an increase in imports from Ireland ($848M or 585%), Belgium ($262M or 104%), and Singapore ($108M or 332%), and product imports increase in Vaccines, blood, antisera, toxins and cultures ($812M or 105%), Packaged Medicaments ($285M or 23.1%), and Frozen Bovine Meat ($110M or 357%).

Latest Data

Time Scale
Flow
Color
Depth
EXPORT GROWTH (November 2023 - November 2024)$148M(3.6%)
IMPORT GROWTH (November 2023 - November 2024)$1.18B(12.6%)

This section shows exports and imports data at subnational level for Pennsylvania. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of Pennsylvania over time.

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Historical Data

Yearly Exports

Color
Depth
Top Destination (2023)Canada$14.3B
Top Product (2023)Medicaments in Dosage (n.e.s.)$2.45B

In 2023 the top export destinations of Pennsylvania were Canada ($14.3B), Mexico ($5.41B), Netherlands ($3.24B), China ($3.04B), and Japan ($2.23B).

In 2023 the top exports of Pennsylvania were Medicaments in Dosage (n.e.s.) ($2.45B), Human vaccines and similar products ($2.33B), Bituminous coal, not agglomerated ($2.22B), Propane, liquefied ($2.16B), and Immunological Products Packings for Retail Sale ($1.74B).

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Exports Dynamics

Fastest Growing Exports Destination (Nov 2023 - Nov 2024)
China $109M (48.6%)
Belgium $67.6M (92.4%)
Hong Kong $53.8M (118%)
Rapidly Declining Export Origins (Nov 2023 - Nov 2024)
Canada -$120M (-9.86%)
Netherlands -$99.4M (-43.4%)
Singapore -$29.3M (-36.9%)

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Yearly Imports

Color
Depth
Top Origin (2023)China$17.6B
Top Import (2023)Medicaments in Dosage (n.e.s.)$12.7B

In 2023 the top import origins of Pennsylvania were China ($17.6B), Canada ($13.6B), South Korea ($8.12B), Germany ($7.95B), and Mexico ($6.65B).

In 2023 the top imports of Pennsylvania were Medicaments in Dosage (n.e.s.) ($12.7B), Immunological Products Packings for Retail Sale ($6.77B), Smartphones ($5.57B), Crude Petroleum Oils ($5.09B), and Portable Computers under 10kg with Keyboard... ($4.05B).

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Imports Dynamics

Fastest Growing Import Origins (Nov 2023 - Nov 2024)
Ireland $848M (585%)
Belgium $262M (104%)
Singapore $108M (332%)
Rapidly Declining Import Origins (Nov 2023 - Nov 2024)
China -$387M (-20.9%)
Nigeria -$115M (-48.1%)
Slovenia -$105M (-22.5%)

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Economic Complexity

Economic Complexity of Pennsylvania

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Economic Complexity (2023)0.47

Pennsylvania ranks 12th out of the 53 states and territories in United States according to ECI.

The Economic Complexity Index, or ECI, is a measure of an economy’s capacity which can be inferred from data connecting locations to the activities that are present in them. For more info about Economic Complexity, visit the Economic Complexity page.

Estimated using exports data.

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Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were Pennsylvania already has a comparative advantage, are led by Developed Exposed Photographic Material (0.41), Other Nickel Products (0.4), Machinery Having Individual Functions (0.39), Cutting Blades (0.38), and Glass Working Machines (0.38).

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Most Complex Products by PCI

The highest complexity exports of Pennsylvania according to the product complexity index (PCI) are Precious Metal Compounds (2.14), Non-optical Microscopes (1.87), Polymer Ion-Exchangers (1.74), Fork-Lifts (1.69), Papermaking Machines (1.67), Tensile Testing Machines (1.6), Other Stainless Steel Bars (1.6), Photographic Film (1.59), Flat-Rolled Iron (1.52), and Hydrides and other anions (1.47). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

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Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Nickel Bars (54.73), Other Locomotives (53.65), Nickel Sheets (44.59), Opto-Electric Instrument Parts (40.60), and Halides (35.65).

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Product Space

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 Pennsylvania 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.

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Relatedness Space

This network shows the products most related to the production structure of  Pennsylvania. These are products that tend to be co-exported with the products that Pennsylvania exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

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Diversification Frontier

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. Bubble size corresponds to exports value by year 2020.

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