Washington

State 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.

Yearly Exports

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Value
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Year

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).

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, $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).

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 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.

Explore Forecasts

Economic Complexity

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Economic Complexity of United States

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Washington ranks 50th 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 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).

Most Complex Products by PCI

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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.

Most Specialized Products by RCA Index

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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.

Relatedness Space

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This network shows the products most related to the production structure of  Washington. These are products that tend to be co-exported with the products that Washington 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.