Saturday , 15 December 2018

Which U.S. States Are Most & Least Vulnerable to a Trade War?

munKNEE.com  A Site For Sore Eyes & Inquisitive Minds

…Any…impending trade war would pose the largest direct risk to states that are dependent oncontainer-ship buying and selling goods on international markets. Today’s visualization comes to us from HowMuch.net, and it shows every U.S. state and district organized by GDP size, as well as percentage of GDP resulting from international trade.

The original article has been edited here for length (…) and clarity ([ ]) to provide a fast & easy read.

The States Most at Risk

Here are the 10 states most reliant on international trade:

Rank State GDP (2017) Exports + Imports (2017) Trade (% of GDP)
#1 Michigan $515 billion $200 billion 38.9%
#2 Louisiana $243 billion $94 billion 38.7%
#3 Kentucky $204 billion $78 billion 38.1%
#4 Tennessee $345 billion $112 billion 32.6%
#5 South Carolina $219 billion $70 billion 31.9%
#6 Texas $1,692 billion $527 billion 31.2%
#7 Indiana $360 billion $92 billion 25.7%
#8 Washington $503 billion $127 billion 25.3%
#9 New Jersey $589 billion $147 billion 25%
#10 Illinois $818 billion $201 billion 24.6%

The Lowest Risk States

On the flipside, here are the states or districts with less to lose in the event of a trade war.

Rank State (or District) GDP (2017) Exports + Imports (2017) Trade (% of GDP)
#51 District of Columbia $132 billion $2 billion 1.5%
#50 Wyoming $41 billion $2 billion 5.0%
#49 South Dakota $49 billion $3 billion 5.1%
#48 Hawaii $88 billion $5 billion 5.4%
#47 New Mexico $98 billion $6 billion 6.0%
#46 Oklahoma $190 billion $15 billion 8.0%
#45 Colorado $341 billion $28 billion 8.1%
#44 Virginia $511 billion $46 billion 8.9%
#43 Nebraska $119 billion $11 billion 9.1%
#42 Maine $61 billion $6 billion 9.7%

Want to see more on international trade? See the numbers behind the world’s closest trade relationship in this infographic.

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