South Carolina

State in United States

Exports (2019): $41B, Rnk 11/53

Top Destination (2019): $6.5B, China

Top Export (2019): $12.4B, Aircraft parts nes

Imports (2019): $42.2B, Rnk 16/53

Top Origin (2019): $6.84B, Germany

Top Import (2019): $958M, Uranium (enriched U235), plutonium compounds, alloys

Economic Complexity (2019): 0.41, Rnk 15 / 53

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

Exports: In 2019, United States' South Carolina exported $41B, making it the 11th largest exporter out of the 53 exporters in United States. In 2019 the top exports of South Carolina were Aircraft parts nes ($12.4B), Medium Sized Cars ($4.71B), Large Diesel Engine Cars ($3.2B), Medium Diesel Engine Cars ($1.24B), and Rubber; new pneumatic tyres, of a... ($929M).

Imports: In 2019, United States' South Carolina imported $42.2B, making it the 16th largest importer out of the 53 importers in United States. In 2019 top imports of South Carolina were Uranium (enriched U235), plutonium compounds, alloys ($958M), Commodities not specified according to kind ($836M), Motor vehicle parts nes ($808M), Parts and accessories of bodies nes... ($687M), and Engines, spark-ignition reciprocating, over 1000 cc ($651M).

Economic Complexity: In 2019, the highest complexity exports of South Carolina according to the product complexity index (PCI) are Machinery Having Individual Functions (2.02), Rolling Machines (1.93), Chemical Analysis Instruments (1.78), Fork-Lifts (1.71), and Photographic Plates (1.67). 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): China, $6.5B

Top Product (2019): Aircraft parts nes, $12.4B

In 2019 the top export destinations of South Carolina were China ($6.5B), Germany ($4.49B), Canada ($4B), United Arab Emirates ($2.37B), and Japan ($2.27B).

In 2019 the top exports of South Carolina were Aircraft parts nes ($12.4B), Medium Sized Cars ($4.71B), Large Diesel Engine Cars ($3.2B), Medium Diesel Engine Cars ($1.24B), and Rubber; new pneumatic tyres, of a... ($929M).

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): Germany, $6.84B

Top Import (2019): Uranium (enriched U235), plutonium compounds, alloys, $958M

In 2019 the top import origins of South Carolina were Germany ($6.84B), China ($6.46B), Mexico ($4.76B), Canada ($2.82B), and Japan ($1.51B).

In 2019 the top imports of South Carolina were Uranium (enriched U235), plutonium compounds, alloys ($958M), Commodities not specified according to kind ($836M), Motor vehicle parts nes ($808M), Parts and accessories of bodies nes... ($687M), and Engines, spark-ignition reciprocating, over 1000 cc ($651M).

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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Flow
Value

This section shows differences between total trade from South Carolina throughout time.

This section shows forecasts for total exports and imports from South Carolina. 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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South Carolina ranks 15th 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 South Carolina already has a comparative advantage, are led by Halides (0.2), Artificial Filament Tow (0.19), Photo Lab Equipment (0.19), Photographic Film (0.19), and Developed Exposed Photographic Material (0.19).

Most Complex Products by PCI

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The highest complexity exports of South Carolina according to the product complexity index (PCI) are Machinery Having Individual Functions (2.02), Rolling Machines (1.93), Chemical Analysis Instruments (1.78), Fork-Lifts (1.71), and Photographic Plates (1.67). 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 (58.2), Photographic Paper (50.5), Vegetable and Mineral Carvings (31.1), Nuclear Reactors (27.5), and Precious Metal Compounds (19.1).

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