WashingtonState in United States
Exports (2019): $60B, Rnk 5/53
Top Destination (2019): $8.95B, China
Top Export (2019): $25.4B, Aircraft parts nes
Imports (2019): $52.9B, Rnk 15/53
Top Origin (2019): $14.7B, Canada
Top Import (2019): $5.4B, Petroleum oils, oils from bituminous minerals,...
Economic Complexity (2019): -0.24, Rnk 50 / 53
Overview: This page contains the latest international trade data for Washington, including export and import data.
Exports: In 2019, United States' Washington exported $60B, making it the 5th largest exporter out of the 53 exporters in United States. In 2019 the top exports of Washington were Aircraft parts nes ($25.4B), Soya beans: other than seed, whether... ($4.09B), Cereals: wheat and meslin, other than... ($2.5B), Light petroleum distillates nes ($1.73B), and Maize except seed corn ($1.33B).
Imports: In 2019, United States' Washington imported $52.9B, making it the 15th largest importer out of the 53 importers in United States. In 2019 top imports of Washington were Petroleum oils, oils from bituminous minerals,... ($5.4B), Medium Sized Cars ($3.86B), Natural gas in gaseous state ($2.59B), Commodities not specified according to kind ($2.15B), and Tricycles, scooters, pedal cars and similar... ($1.44B).
Economic Complexity: In 2019, the highest complexity exports of Washington according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.25), Chemical Analysis Instruments (1.78), Fork-Lifts (1.71), Tensile Testing Machines (1.64), and Metalworking Machine Parts (1.53). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Top Destination (2019): China, $8.95B
Top Product (2019): Aircraft parts nes, $25.4B
In 2019 the top export destinations of Washington were China ($8.95B), Canada ($8.51B), Japan ($7.22B), South Korea ($2.51B), and Mexico ($2.47B).
In 2019 the top exports of Washington were Aircraft parts nes ($25.4B), Soya beans: other than seed, whether... ($4.09B), Cereals: wheat and meslin, other than... ($2.5B), Light petroleum distillates nes ($1.73B), and Maize except seed corn ($1.33B).
Top Origin (2019): Canada, $14.7B
Top Import (2019): Petroleum oils, oils from bituminous minerals,..., $5.4B
In 2019 the top import origins of Washington were Canada ($14.7B), China ($12.8B), Japan ($6.1B), South Korea ($2.11B), and Mexico ($1.81B).
In 2019 the top imports of Washington were Petroleum oils, oils from bituminous minerals,... ($5.4B), Medium Sized Cars ($3.86B), Natural gas in gaseous state ($2.59B), Commodities not specified according to kind ($2.15B), and Tricycles, scooters, pedal cars and similar... ($1.44B).
This section shows differences between total trade from Washington throughout time.
This section shows forecasts for total exports and imports from Washington. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.
Washington ranks 50th 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 Washington already has a comparative advantage, are led by Raw Cotton (0.16), Crude Petroleum (0.15), Animal Meal and Pellets (0.15), Iron Ore (0.15), and Ground Nuts (0.15).
The highest complexity exports of Washington according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.25), Chemical Analysis Instruments (1.78), Fork-Lifts (1.71), Tensile Testing Machines (1.64), and Metalworking Machine Parts (1.53). 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 Oil Seed Flower (231), Aircraft Parts (81.3), Hops (80.8), Forage Crops (55.1), and Other Frozen Vegetables (31.2).
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 Washington 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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