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Overview This page contains the latest international trade data for Wyoming. In December 2023 Wyoming was the number 50 in total exports and the number 52 in total imports in United States.

Exports In 2023, United States' Wyoming exported $1.88B, making it the 50th largest exporter out of the 53 exporters in United States. In 2023 the top exports of Wyoming were Disodium carbonate ($1.55B), Light petroleum distillates nes ($83.9M), Bituminous coal, not agglomerated ($66M), Monoammonium phosphate & mix with diammonium,... ($47.1M), and Rare gases other than argon ($44.1M).

Imports In 2023, United States' Wyoming imported $1.62B, making it the 52nd largest importer out of the 53 importers in United States. In 2023 top imports of Wyoming were Commodities not specified according to kind ($54.2M), Railway cars, self-discharging, nes ($39.5M), Ammonium nitrate, including solution, in pack... ($38.3M), Air conditioners nes, with refrigerating unit ($34.7M), and Closed and covered ($34.1M).

Economic Complexity In 2023, the highest complexity exports of Wyoming according to the product complexity index (PCI) are Silicone (1.74), Metalworking Machine Parts (1.5), Tensile Testing Machines (1.44), Liquid Pumps (1.38), Other Stone Articles (1.1), Nickel Pipes (0.96), Excavation Machinery (0.82), Molybdenum (0.76), Binoculars and Telescopes (0.76), and Weapons Parts and Accessories (0.76). 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)Canada$380M
Top Product (2023)Disodium carbonate$1.55B

In 2023 the top export destinations of Wyoming were Canada ($380M), Chile ($263M), Brazil ($221M), Indonesia ($155M), and South Korea ($141M).

In 2023 the top exports of Wyoming were Disodium carbonate ($1.55B), Light petroleum distillates nes ($83.9M), Bituminous coal, not agglomerated ($66M), Monoammonium phosphate & mix with diammonium,... ($47.1M), and Rare gases other than argon ($44.1M).

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Exports Dynamics

Fastest Growing Exports Destination (Dec 2022 - Dec 2023)
China $13.9M (1.99k%)
Chile $13.3M (61.5%)
Brazil $8.89M (193%)
Rapidly Declining Export Origins (Dec 2022 - Dec 2023)
Indonesia -$11.3M (-51.5%)
South Korea -$10.7M (-82.8%)
Thailand -$10.4M (-84%)

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Yearly Imports

Color
Depth
Top Origin (2023)Canada$568M

In 2023 the top import origins of Wyoming were Canada ($568M), China ($115M), Germany ($45.7M), Brazil ($28.4M), and Mexico ($27.4M).

In 2023 the top imports of Wyoming were Commodities not specified according to kind ($54.2M), Railway cars, self-discharging, nes ($39.5M), Ammonium nitrate, including solution, in pack... ($38.3M), Air conditioners nes, with refrigerating unit ($34.7M), and Closed and covered ($34.1M).

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Imports Dynamics

Fastest Growing Import Origins (Dec 2022 - Dec 2023)
Canada $13.6M (36.6%)
Germany $7.39M (215%)
China $4.29M (40.2%)
Rapidly Declining Import Origins (Dec 2022 - Dec 2023)
Israel -$16.6M (-98.4%)
Mexico -$1.04M (-27%)
Malaysia -$673k (-80.2%)

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Economic Complexity

Economic Complexity of Wyoming

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Economic Complexity (2023)0.01

Wyoming ranks 46th out of the 53 states and territories 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 Wyoming already has a comparative advantage, are led by Other Construction Vehicles (0.062), Sunflower Seeds (0.06), Sawn Wood (0.06), Carbides (0.06), and Wood Barrels (0.058).

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Most Complex Products by PCI

The highest complexity exports of Wyoming according to the product complexity index (PCI) are Silicone (1.74), Metalworking Machine Parts (1.5), Tensile Testing Machines (1.44), Liquid Pumps (1.38), Other Stone Articles (1.1), Nickel Pipes (0.96), Excavation Machinery (0.82), Molybdenum (0.76), Binoculars and Telescopes (0.76), and Weapons Parts and Accessories (0.76). 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 Carbonates (1280.10), Clays (180.38), Plaster Articles (84.56), Weapons Parts and Accessories (54.94), and Coin (41.90).

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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 Wyoming 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  Wyoming. These are products that tend to be co-exported with the products that Wyoming 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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