About

Overview This page contains the latest international trade data for Norfolk, VA. In December 2023 Norfolk, VA was the number 16 in total exports and the number 20 in total imports in United States.

Exports In 2023, United States' Norfolk, Va exported $35.7B, making it the 16th largest exporter out of the 43 exporters in United States. In 2023 the top exports of Norfolk, Va were Antisera and other blood fractions ($5B), Soya beans: other than seed, whether... ($1.78B), Chem wood pulp, soda or sulphate,... ($670M), Tobacco, unmanufactured, stemmed or stripped ($529M), and Whiskies ($506M).

Imports In 2023, United States' Norfolk, Va imported $49.3B, making it the 20th largest importer out of the 43 importers in United States. In 2023 top imports of Norfolk, Va were Medicaments nes, in dosage ($1.87B), Printing machinery: parts and accessories, n.e.c.... ($1.6B), Other toys (wheeled, model scale, puzzles) ($734M), Photosensitive devices; assembled photovoltaic modules/panels ($707M), and Furniture, wooden, nes ($405M).

Economic Complexity In 2023, the highest complexity exports of Norfolk, Va according to the product complexity index (PCI) are Photographic Chemicals (2.17), Other Esters (2.03), Other Organo-Inorganic Compounds (1.77), Silicone (1.74), Polymer Ion-Exchangers (1.74), Polyamides (1.6), Cermets (1.59), Nickel Sheets (1.58), Knitting Machine Accessories (1.45), and Vaccines, blood, antisera, toxins and cultures (1.45). 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$3.5B

In 2023 the top export destinations of Norfolk, Va were China ($3.5B), Germany ($3.23B), Netherlands ($2.22B), Austria ($2.12B), and India ($2.11B).

In 2023 the top exports of Norfolk, Va were Antisera and other blood fractions ($5B), Soya beans: other than seed, whether... ($1.78B), Chem wood pulp, soda or sulphate,... ($670M), Tobacco, unmanufactured, stemmed or stripped ($529M), and Whiskies ($506M).

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Exports Dynamics

Fastest Growing Exports Destination (Dec 2022 - Dec 2023)
Germany $88.7M (45.8%)
Panama $69.1M (704%)
Spain $40.7M (50.6%)
Rapidly Declining Export Origins (Dec 2022 - Dec 2023)
China -$322M (-59.5%)
Venezuela -$88.7M (-99.6%)
Netherlands -$40.7M (-19.7%)

Subscribe today to OEC pro and access the latest data

Sign Up

Yearly Imports

Color
Depth
Top Origin (2023)China$7.95B
Top Import (2023)Medicaments nes, in dosage$1.87B

In 2023 the top import origins of Norfolk, Va were China ($7.95B), India ($3.77B), Germany ($3.46B), Vietnam ($3.28B), and Japan ($2.69B).

In 2023 the top imports of Norfolk, Va were Medicaments nes, in dosage ($1.87B), Printing machinery: parts and accessories, n.e.c.... ($1.6B), Other toys (wheeled, model scale, puzzles) ($734M), Photosensitive devices; assembled photovoltaic modules/panels ($707M), and Furniture, wooden, nes ($405M).

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Imports Dynamics

Fastest Growing Import Origins (Dec 2022 - Dec 2023)
Malaysia $121M (105%)
South Korea $56.4M (64.1%)
Vietnam $53.6M (20.6%)
Rapidly Declining Import Origins (Dec 2022 - Dec 2023)
Japan -$146M (-47.3%)
China -$142M (-20.7%)
India -$95.1M (-26.8%)

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Economic Complexity of Norfolk, Va

View
Economic Complexity (2023)0.3

Norfolk, Va ranks 21st 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.

Discover Economic Complexity

Subscribe today to OEC pro and access the latest data

Sign Up

Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were Norfolk, Va already has a comparative advantage, are led by Prints (0.41), Non-optical Microscopes (0.4), Epoxides (0.39), Micro-Organism Culture Preparations (0.39), and X-Ray Equipment (0.39).

Subscribe today to OEC pro and access the latest data

Sign Up

Most Complex Products by PCI

The highest complexity exports of Norfolk, Va according to the product complexity index (PCI) are Photographic Chemicals (2.17), Other Esters (2.03), Other Organo-Inorganic Compounds (1.77), Silicone (1.74), Polymer Ion-Exchangers (1.74), Polyamides (1.6), Cermets (1.59), Nickel Sheets (1.58), Knitting Machine Accessories (1.45), and Vaccines, blood, antisera, toxins and cultures (1.45). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Subscribe today to OEC pro and access the latest data

Sign Up

Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Wood Barrels (110.58), Other Locomotives (68.48), Enzymes (31.93), Raw Tobacco (29.09), and Starch Residue (24.80).

Subscribe today to OEC pro and access the latest data

Sign Up

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 Norfolk, Va 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Relatedness Space

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

Subscribe today to OEC pro and access the latest data

Sign Up

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with