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Title: The U.S. is the second biggest exporter in the world, accounting for over 8% of global exports.
Source: [None]
URL Source: https://www.zerohedge.com/economics ... product-exported-each-us-state
Published: Mar 30, 2024
Author: Tyler Durden
Post Date: 2024-03-30 08:29:16 by Horse
Keywords: None
Views: 40
Comments: 1

In this graphic by NeoMam Studios, Visual Capitalist's Bruno Venditti analyzes the primary product exported by each state, as well as its main destination, utilizing data from the U.S. International Trade Administration.

Canada: The Primary Destination

Canada serves as the largest export market for most of the Midwest, while Mexico holds the top spot as the export destination for much of the Southwest and Southeast. Additionally, Canada stands out as the primary importer of products from 21 states, with China and Germany trailing behind as notable destinations.

State Destination Top Product Exported Value (USD)

Alabama 🇩🇪 Germany Transportation equip. $3,649M

Alaska 🇨🇦 Canada Minerals $576M

Arizona 🇲🇽 Mexico Minerals $1,760M

Arkansas 🇨🇦 Canada Processed Foods $246M

California 🇨🇦 Canada Computer & Electronics $5,093M

Colorado 🇰🇷 South Korea Processed Foods $545M

Connecticut 🇩🇪 Germany Transportation equip. $1,581M

Delaware 🇰🇷 South Korea Appliances $419M

Florida 🇬🇧 UK Chemicals $2,447M

Georgia 🇨🇦 Canada Machinery $1,629M

Hawaii 🇭🇰 Hong Kong Transportation equip. $68M

Idaho 🇹🇼 Taiwan Computer & Electronics $394M

Illinois 🇨🇦 Canada Transportation equip. $4,517M

Indiana 🇨🇦 Canada Transportation equip. $6,561M

Iowa 🇨🇦 Canada Machinery $1,598M

Kansas 🇲🇽 Mexico Agricultural $1,543M

Kentucky 🇨🇦 Canada Transportation equip. $3,630M

Louisiana 🇨🇳 China Agricultural $11,300M

Maine 🇨🇦 Canada Oil & Gas $504M

Maryland 🇫🇷 France Transportation equip. $949M

Massachusetts 🇨🇳 China Machinery $1,298M

Michigan 🇨🇳 China Transportation equip. $15,361M

Minnesota 🇨🇦 Canada Petroleum & Coal $2,787M

Mississippi 🇵🇦 Panama Petroleum & Coal $2,106M

Missouri 🇨🇦 Canada Transportation equip. $2,390M

Montana 🇨🇦 Canada Minerals $153M

Nebraska 🇲🇽 Mexico Agricultural $933M

Nevada 🇨🇭 Switzerland Metal $1,399M

New Hampshire 🇩🇪 Germany Transportation equip. $695M

New Jersey 🇨🇦 Canada Chemicals $2,734M

New Mexico 🇲🇽 Mexico Computer & Electronics $2,014M

New York 🇨🇭 Switzerland Metal $18,262M

North Carolina 🇨🇳 China Chemicals $4,312M

North Dakota 🇨🇦 Canada Petroleum & Coal $1,441M

Ohio 🇨🇦 Canada Transportation equip. $5,990M

Oklahoma 🇨🇦 Canada Machinery $418M

Oregon 🇨🇳 China Computer & Electronics $6,261M

Pennsylvania 🇨🇦 Canada Chemicals $2,280M

Rhode Island 🇮🇹 Italy Waste & Scrap $321M

South Carolina 🇩🇪 Germany Transportation equip. $3,774M

South Dakota 🇨🇦 Canada Processed Foods $297M

Tennessee 🇨🇦 Canada Transportation equip. $2,017M

Texas 🇲🇽 Mexico Petroleum & Coal $33,627M

Utah 🇬🇧 UK Metal $6,805M

Vermont 🇹🇼 Taiwan Computer & Electronics $447M

Virginia 🇮🇳 India Minerals $1,799M

Washington 🇨🇳 China Agricultural $10,553M

West Virginia 🇮🇳 India Minerals $657M

Wisconsin 🇨🇦 Canada Machinery $1,802M

Wyoming 🇮🇩 Indonesia Chemicals $200M

When it comes to the types of exports, transportation equipment emerges as the primary source for the majority of states, with minerals and ores, chemicals, and computer and electronics following closely behind.

For instance, North Carolina ships $4.3 billion worth of chemicals to China, marking one of the longest-distance trade flows among states. Meanwhile, Florida boasts one of the most diverse export portfolios, engaging in trade with Europe, South America, and the Caribbean.

Louisiana heavily relies on the export of agricultural products to China, which contributes significantly to its total GDP. Similarly, Michigan’s transportation equipment exports to Canada constitute a noteworthy portion of the state’s GDP.

In Oregon, exports of semiconductors and other computer parts to China, driven by companies like Intel and Micron, play a crucial role in the state’s economy. Meanwhile, Utah predominantly exports primary metal manufacturing goods to the United Kingdom.

The biggest exporter in the country, Texas, sees a significant portion of its GDP attributed to exports to Mexico, further underlining the state’s economic ties with its southern neighbor. (2 images)

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#1. To: Horse (#0)

The U.S. is the second biggest exporter in the world, accounting for over 8% of global exports.

China and Brazil have been selling their short term U.S. debt into the secondary markets. So far the FED has been able to buy them up.

If they ever miss a buy, all those chickens will come home to roost and the inflation rate here might be as bad as Weimar Germany in the 1920s when you needed a wheelbarrow of German Marks to buy a loaf of bread. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2024-03-30   16:37:57 ET  Reply   Trace   Private Reply  


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