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Overview This page contains the latest international trade data for New Orleans, LA. In December 2023 New Orleans, LA was the number 5 in total exports and the number 8 in total imports in United States.

Exports In 2023, United States' New Orleans, La exported $160B, making it the 5th largest exporter out of the 43 exporters in United States. In 2023 the top exports of New Orleans, La were Soya beans: other than seed, whether... ($15.6B), Light petroleum distillates nes ($15.3B), Natural gas, liquefied ($12.9B), Petroleum oils, oils from bituminous minerals,... ($11B), and Other Aircraft parts ($10.6B).

Imports In 2023, United States' New Orleans, La imported $120B, making it the 8th largest importer out of the 43 importers in United States. In 2023 top imports of New Orleans, La were Portable Computers under 10kg with Keyboard... ($7.32B), Commodities not specified according to kind ($6.71B), Petroleum oils, oils from bituminous minerals,... ($5.82B), Light petroleum distillates nes ($5.14B), and Smartphones ($4.94B).

Economic Complexity In 2023, the highest complexity exports of New Orleans, La according to the product complexity index (PCI) are Developed Exposed Photographic Material (2.54), Precious Metal Compounds (2.07), Photographic Film (2.06), Disc Chemicals for Electronics (2.04), Non-optical Microscopes (1.97), Blank Audio Media (1.91), Oscilloscopes (1.81), Metal Pickling Preparations (1.79), Other Organo-Inorganic Compounds (1.77), 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)China$17.6B

In 2023 the top export destinations of New Orleans, La were China ($17.6B), Canada ($10.6B), United Kingdom ($8.72B), Germany ($8.71B), and Mexico ($8.6B).

In 2023 the top exports of New Orleans, La were Soya beans: other than seed, whether... ($15.6B), Light petroleum distillates nes ($15.3B), Natural gas, liquefied ($12.9B), Petroleum oils, oils from bituminous minerals,... ($11B), and Other Aircraft parts ($10.6B).

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Exports Dynamics

Fastest Growing Exports Destination (Dec 2022 - Dec 2023)
Netherlands $338M (38.8%)
Colombia $182M (66.3%)
Germany $172M (31.9%)
Rapidly Declining Export Origins (Dec 2022 - Dec 2023)
China -$1.42B (-59%)
United Kingdom -$433M (-36.5%)
Brazil -$328M (-61.8%)

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Yearly Imports

Color
Depth
Top Origin (2023)China$23B

In 2023 the top import origins of New Orleans, La were China ($23B), Mexico ($9.25B), Vietnam ($6.14B), Canada ($5.77B), and Germany ($5.68B).

In 2023 the top imports of New Orleans, La were Portable Computers under 10kg with Keyboard... ($7.32B), Commodities not specified according to kind ($6.71B), Petroleum oils, oils from bituminous minerals,... ($5.82B), Light petroleum distillates nes ($5.14B), and Smartphones ($4.94B).

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Imports Dynamics

Fastest Growing Import Origins (Dec 2022 - Dec 2023)
Vietnam $291M (90.5%)
Venezuela $160M (0%)
China $159M (7.95%)
Rapidly Declining Import Origins (Dec 2022 - Dec 2023)
Australia -$244M (-77.2%)
Russia -$172M (-87.6%)
South Africa -$53.1M (-38.3%)

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Economic Complexity

Economic Complexity of New Orleans, La

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Economic Complexity (2023)0.4

New Orleans, La ranks 14th 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 New Orleans, La already has a comparative advantage, are led by Photo Lab Equipment (0.21), Photographic Chemicals (0.21), Phenol Derivatives (0.2), Epoxides (0.19), and Platinum Clad Metals (0.19).

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Most Complex Products by PCI

The highest complexity exports of New Orleans, La according to the product complexity index (PCI) are Developed Exposed Photographic Material (2.54), Precious Metal Compounds (2.07), Photographic Film (2.06), Disc Chemicals for Electronics (2.04), Non-optical Microscopes (1.97), Blank Audio Media (1.91), Oscilloscopes (1.81), Metal Pickling Preparations (1.79), Other Organo-Inorganic Compounds (1.77), 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 Starch Residue (29.94), Soybeans (27.95), Aircraft Parts (23.17), Oil Seed Flower (19.78), and Corn (18.20).

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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 New Orleans, La 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  New Orleans, La. These are products that tend to be co-exported with the products that New Orleans, La 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
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. Bubble size corresponds to exports value by year 2020.

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