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Overview This page contains the latest international trade data for El Paso, TX. In January 2024 El Paso, TX was the number 14 in total exports and the number 11 in total imports in United States.

Exports In 2023, United States' El Paso, Tx exported $56.1B, making it the 14th largest exporter out of the 43 exporters in United States. In 2023 the top exports of El Paso, Tx were Electronic integrated circuits: processors and controllers,... ($6.25B), Parts and accessories of data processing... ($6.1B), Semiconductor media: solid-state non-volatile storage devices,... ($2.07B), Petroleum spirit for motor vehicles ($1.21B), and Natural gas in gaseous state ($1.18B).

Imports In 2023, United States' El Paso, Tx imported $87.5B, making it the 11th largest importer out of the 43 importers in United States. In 2023 top imports of El Paso, Tx were Standalone Computer Processing Units (excluding specific... ($19.8B), Ignition/other wiring sets for vehicles/aircraft/ship ($4.35B), Instruments, appliances for medical, etc science,... ($3.93B), Parts and accessories of data processing... ($3.36B), and Communication apparatus (excluding telephone sets or... ($2.76B).

Economic Complexity In 2023, the highest complexity exports of El Paso, Tx according to the product complexity index (PCI) are Photographic Chemicals (2.17), Other Esters (2.03), Blank Audio Media (1.91), Non-Mechanical Removal Machinery (1.9), Iron Fasteners (1.79), Metal Pickling Preparations (1.79), Rubberworking Machinery (1.78), Silicone (1.74), Polymer Ion-Exchangers (1.74), and Lubricating Products (1.68). 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)Mexico$50.7B

In 2023 the top export destinations of El Paso, Tx were Mexico ($50.7B), Colombia ($125M), Honduras ($49.3M), Guatemala ($30.5M), and Hong Kong ($17.7M).

In 2023 the top exports of El Paso, Tx were Electronic integrated circuits: processors and controllers,... ($6.25B), Parts and accessories of data processing... ($6.1B), Semiconductor media: solid-state non-volatile storage devices,... ($2.07B), Petroleum spirit for motor vehicles ($1.21B), and Natural gas in gaseous state ($1.18B).

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Exports Dynamics

Fastest Growing Exports Destination (Jan 2023 - Jan 2024)
Mexico $156M (3.38%)
Honduras $2.37M (55.3%)
Guatemala $1.37M (126%)
Rapidly Declining Export Origins (Jan 2023 - Jan 2024)
United Kingdom -$1.11M (-81%)
Czechia -$309k (-71.3%)
India -$308k (-90%)

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Yearly Imports

Color
Depth
Top Origin (2023)Mexico$73.1B

In 2023 the top import origins of El Paso, Tx were Mexico ($73.1B), China ($4.17B), Taiwan ($1.17B), Malaysia ($1.16B), and Vietnam ($812M).

In 2023 the top imports of El Paso, Tx were Standalone Computer Processing Units (excluding specific... ($19.8B), Ignition/other wiring sets for vehicles/aircraft/ship ($4.35B), Instruments, appliances for medical, etc science,... ($3.93B), Parts and accessories of data processing... ($3.36B), and Communication apparatus (excluding telephone sets or... ($2.76B).

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Imports Dynamics

Fastest Growing Import Origins (Jan 2023 - Jan 2024)
Mexico $171M (2.9%)
China $58.2M (20.8%)
Japan $50.2M (218%)
Rapidly Declining Import Origins (Jan 2023 - Jan 2024)
Costa Rica -$16.1M (-28.1%)
Singapore -$6.45M (-67.4%)
Bangladesh -$4.81M (-55.1%)

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Economic Complexity

Economic Complexity of El Paso, Tx

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Economic Complexity (2023)0.45

El Paso, Tx ranks 13th 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 El Paso, Tx already has a comparative advantage, are led by Additive manufacturing machines (0.24), Developed Exposed Photographic Material (0.24), Other Stone Articles (0.24), Oscilloscopes (0.24), and Transmissions (0.23).

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Most Complex Products by PCI

The highest complexity exports of El Paso, Tx according to the product complexity index (PCI) are Photographic Chemicals (2.17), Other Esters (2.03), Blank Audio Media (1.91), Non-Mechanical Removal Machinery (1.9), Iron Fasteners (1.79), Metal Pickling Preparations (1.79), Rubberworking Machinery (1.78), Silicone (1.74), Polymer Ion-Exchangers (1.74), and Lubricating Products (1.68). 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 Leather of Other Animals (17.05), Rubber Textile Fabric (16.86), Starch Residue (16.40), Blank Audio Media (15.24), and Concentrated Milk (13.07).

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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 El Paso, Tx 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  El Paso, Tx. These are products that tend to be co-exported with the products that El Paso, Tx 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

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. Bubble size corresponds to exports value by year 2020.

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