Wisconsin

State in United States

Exports (2019): $21.6B, Rnk 22/53

Top Destination (2019): $6.75B, Canada

Top Export (2019): $542M, Aircraft parts nes

Imports (2019): $28.5B, Rnk 22/53

Top Origin (2019): $6.4B, China

Top Import (2019): $2.16B, Vaccines, human use

Economic Complexity (2019): 0.46, Rnk 9 / 53

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

Exports: In 2019, United States' Wisconsin exported $21.6B, making it the 22nd largest exporter out of the 53 exporters in United States. In 2019 the top exports of Wisconsin were Aircraft parts nes ($542M), Outboard motors, spark-ignition ($306M), Parts for spark-ignition engines except aircraft ($297M), Apparatus based on the use of... ($275M), and Composite diagnostic or laboratory reagents, nes ($237M).

Imports: In 2019, United States' Wisconsin imported $28.5B, making it the 22nd largest importer out of the 53 importers in United States. In 2019 top imports of Wisconsin were Vaccines, human use ($2.16B), Commodities not specified according to kind ($742M), Electro-diagnostic apparatus, nes ($384M), Pullovers, cardigans etc of cotton, knit ($312M), and Blood, human or animal, antisera, other... ($298M).

Economic Complexity: In 2019, the highest complexity exports of Wisconsin according to the product complexity index (PCI) are Machinery Having Individual Functions (2.02), Rolling Machines (1.93), Photographic Film (1.89), Chemical Analysis Instruments (1.78), and Metal Pickling Preparations (1.71). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Top Destination (2019): Canada, $6.75B

Top Product (2019): Aircraft parts nes, $542M

In 2019 the top export destinations of Wisconsin were Canada ($6.75B), Mexico ($3.28B), China ($1.37B), United Kingdom ($804M), and Germany ($761M).

In 2019 the top exports of Wisconsin were Aircraft parts nes ($542M), Outboard motors, spark-ignition ($306M), Parts for spark-ignition engines except aircraft ($297M), Apparatus based on the use of... ($275M), and Composite diagnostic or laboratory reagents, nes ($237M).

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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Depth
Year

Top Origin (2019): China, $6.4B

Top Import (2019): Vaccines, human use, $2.16B

In 2019 the top import origins of Wisconsin were China ($6.4B), Canada ($4.34B), Mexico ($2.85B), Ireland ($2.33B), and Germany ($1.94B).

In 2019 the top imports of Wisconsin were Vaccines, human use ($2.16B), Commodities not specified according to kind ($742M), Electro-diagnostic apparatus, nes ($384M), Pullovers, cardigans etc of cotton, knit ($312M), and Blood, human or animal, antisera, other... ($298M).

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 Wisconsin throughout time.

This section shows forecasts for total exports and imports from Wisconsin. 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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Wisconsin ranks 9th 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 Wisconsin already has a comparative advantage, are led by Tensile Testing Machines (0.38), Cermets (0.38), Combustion Engines (0.38), Sulfite Chemical Woodpulp (0.37), and Handguns (0.37).

Most Complex Products by PCI

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The highest complexity exports of Wisconsin according to the product complexity index (PCI) are Machinery Having Individual Functions (2.02), Rolling Machines (1.93), Photographic Film (1.89), Chemical Analysis Instruments (1.78), and Metal Pickling Preparations (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 Sand (95), Other Inedible Animal Products (41), Work Trucks (34.3), Newspapers (31.8), and Water Soluble Proteins (30.8).

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