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

Exports: In 2020, United States' Wyoming exported $1.16B, making it the 51st largest exporter out of the 53 exporters in United States. In 2020 the top exports of Wyoming were Disodium carbonate ($815M), Rare gases other than argon ($39.6M), Bentonite ($29.3M), Parts of cranes, work-trucks, shovels, constr... ($23.5M), and Monoammonium phosphate & mix with diammonium,... ($20M).

Imports: In 2020, United States' Wyoming imported $1.09B, making it the 51st largest importer out of the 53 importers in United States. In 2020 top imports of Wyoming were Petroleum oils, oils from bituminous minerals,... ($429M), Saturated acyclic hydrocarbons ($43.8M), Commodities not specified according to kind ($41.5M), Parts of hydraulic/pneumatic/other power engines ($37.6M), and Combined refrigerator-freezers, two door ($25.4M).

Economic Complexity: In 2019, the highest complexity exports of Wyoming according to the product complexity index (PCI) are Silicone (1.83), Chemical Analysis Instruments (1.7), Transmissions (1.59), Interchangeable Tool Parts (1.56), and Tensile Testing Machines (1.49). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Time Scale
Flow
Value
Depth

EXPORT GROWTH (May 2020 - May 2021): $33.1M, (33.7%)

IMPORT GROWTH (May 2020 - May 2021): $55.7M, (98%)

This section shows exports and imports data at subnational level for Wyoming. 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 Wyoming over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Historical Data

#permalink to section

Yearly Exports

#permalink to section
Value
Depth

Top Destination (2020): Canada, $225M

Top Product (2020): Disodium carbonate, $815M

In 2020 the top export destinations of Wyoming were Canada ($225M), Brazil ($116M), Chile ($105M), Indonesia ($92.2M), and Japan ($63.1M).

In 2020 the top exports of Wyoming were Disodium carbonate ($815M), Rare gases other than argon ($39.6M), Bentonite ($29.3M), Parts of cranes, work-trucks, shovels, constr... ($23.5M), and Monoammonium phosphate & mix with diammonium,... ($20M).

Exports Dynamics

#permalink to section

Fastest Growing Exports Destination (May 2020 - May 2021)

Rapidly Declining Export Origins (May 2020 - May 2021)

Yearly Imports

#permalink to section
Value
Depth

Top Origin (2020): Canada, $695M

Top Import (2020): Petroleum oils, oils from bituminous minerals,..., $429M

In 2020 the top import origins of Wyoming were Canada ($695M), China ($129M), Mexico ($48.9M), Denmark ($29.1M), and Turkey ($20.3M).

In 2020 the top imports of Wyoming were Petroleum oils, oils from bituminous minerals,... ($429M), Saturated acyclic hydrocarbons ($43.8M), Commodities not specified according to kind ($41.5M), Parts of hydraulic/pneumatic/other power engines ($37.6M), and Combined refrigerator-freezers, two door ($25.4M).

Imports Dynamics

#permalink to section

Fastest Growing Import Origins (May 2020 - May 2021)

Rapidly Declining Import Origins (May 2020 - May 2021)

Economic Complexity

#permalink to section

Economic Complexity of United States

#permalink to section

Economic Complexity (2020): 0.051

Wyoming ranks 41st 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.

Discover Economic Complexity

Export Opportunities by Relatedness

#permalink to section

The top export opportunities according to the relatedness level, without considering those products were Wyoming already has a comparative advantage, are led by Titanium (0.069), Railway Freight Cars (0.068), Liquid Fuel Furnaces (0.068), X-Ray Equipment (0.068), and Flexible Metal Tubing (0.068).

Most Complex Products by PCI

#permalink to section

The highest complexity exports of Wyoming according to the product complexity index (PCI) are Silicone (1.83), Chemical Analysis Instruments (1.7), Transmissions (1.59), Interchangeable Tool Parts (1.56), and Tensile Testing Machines (1.49). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

#permalink to section

The most specialized products according to the RCA index are led by Carbonates (N/A), Clays (260), Plaster Articles (115), Weapons Parts and Accessories (54.9), and Hydrogen (53.4).

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 Wyoming 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

#permalink to section

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

Diversification Frontier

#permalink to section
Depth
Filter

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.