District in North Carolina, State of United States

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Overview This page contains the latest international trade data for Charlotte, NC. In January 2024 Charlotte, NC was the number 33 in total exports and the number 29 in total imports in United States.

Exports In 2023, United States' Charlotte, Nc exported $7.41B, making it the 33rd largest exporter out of the 43 exporters in United States. In 2023 the top exports of Charlotte, Nc were Munitions of war, ammunition/projectiles and parts ($992M), Other Aircraft parts ($262M), Wood: for fuel, sawdust and wood... ($243M), Other Frozen Pork Cuts ($228M), and Chem wood pulp, soda or sulphate,... ($191M).

Imports In 2023, United States' Charlotte, Nc imported $16.8B, making it the 29th largest importer out of the 43 importers in United States. In 2023 top imports of Charlotte, Nc were Immunological products packings for retail sale ($7.94B), Commodities not specified according to kind ($2.68B), Medicaments nes, in dosage ($459M), Mixed odoriferous substances - food &... ($410M), and T-shirts, singlets and other vests, of... ($400M).

Economic Complexity In 2023, the highest complexity exports of Charlotte, Nc according to the product complexity index (PCI) are Metal Pickling Preparations (1.79), Other Organo-Inorganic Compounds (1.77), Silicone (1.74), Polyamides (1.6), Glass Working Machines (1.53), Other Stainless Steel Bars (1.51), Phenols (1.47), Vaccines, blood, antisera, toxins and cultures (1.45), Carboxyamide Compounds (1.42), and Organo-Sulfur Compounds (1.41). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

Yearly Exports

Color
Depth
Top Destination (2023)United Kingdom$902M

In 2023 the top export destinations of Charlotte, Nc were United Kingdom ($902M), Belgium ($857M), Netherlands ($722M), Saudi Arabia ($605M), and France ($548M).

In 2023 the top exports of Charlotte, Nc were Munitions of war, ammunition/projectiles and parts ($992M), Other Aircraft parts ($262M), Wood: for fuel, sawdust and wood... ($243M), Other Frozen Pork Cuts ($228M), and Chem wood pulp, soda or sulphate,... ($191M).

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Exports Dynamics

Fastest Growing Exports Destination (Jan 2023 - Jan 2024)
China $102M (243%)
Saudi Arabia $79.6M (282%)
Israel $41.3M (9.86k%)
Rapidly Declining Export Origins (Jan 2023 - Jan 2024)
Belgium -$31.5M (-33.9%)
Egypt -$24.9M (-98.5%)
Brazil -$21.2M (-98.7%)

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Yearly Imports

Color
Depth
Top Origin (2023)Netherlands$6.51B

In 2023 the top import origins of Charlotte, Nc were Netherlands ($6.51B), Germany ($3.11B), Singapore ($2.14B), Ireland ($1.77B), and China ($1.53B).

In 2023 the top imports of Charlotte, Nc were Immunological products packings for retail sale ($7.94B), Commodities not specified according to kind ($2.68B), Medicaments nes, in dosage ($459M), Mixed odoriferous substances - food &... ($410M), and T-shirts, singlets and other vests, of... ($400M).

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Imports Dynamics

Fastest Growing Import Origins (Jan 2023 - Jan 2024)
Germany $244M (134%)
Ireland $97.9M (220%)
China $63.3M (56.4%)
Rapidly Declining Import Origins (Jan 2023 - Jan 2024)
Netherlands -$507M (-91.7%)
Singapore -$282M (-91.1%)
Denmark -$153M (-99.5%)

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Economic Complexity

Economic Complexity of Charlotte, Nc

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Economic Complexity (2023)0.24

Charlotte, Nc ranks 29th out of the 43 districts 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.

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Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were Charlotte, Nc already has a comparative advantage, are led by Photographic Chemicals (0.22), Nickel Sheets (0.22), X-Ray Equipment (0.22), Non-optical Microscopes (0.22), and Precious Metal Compounds (0.21).

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Most Complex Products by PCI

The highest complexity exports of Charlotte, Nc according to the product complexity index (PCI) are Metal Pickling Preparations (1.79), Other Organo-Inorganic Compounds (1.77), Silicone (1.74), Polyamides (1.6), Glass Working Machines (1.53), Other Stainless Steel Bars (1.51), Phenols (1.47), Vaccines, blood, antisera, toxins and cultures (1.45), Carboxyamide Compounds (1.42), and Organo-Sulfur Compounds (1.41). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

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Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Explosive Ammunition (415.17), Other Locomotives (274.74), Nickel Bars (161.86), Molybdenum Ore (101.41), and Artificial Filament Tow (90.76).

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Product Space

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 Charlotte, Nc 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.

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Relatedness Space

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

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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. Bubble size corresponds to exports value by year 2020.

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