What Is Indiana’s Biggest Export?

by | Last updated on January 24, 2024

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The state's largest export category is transportation equipment , which accounted for $12.4 billion of Indiana's total goods exports in 2018.

What are Indiana's two main exports?

Conclusion. Vehicles and machinery remain Indiana's top two export commodities and both have had an expansion in their export sales in recent years.

What are the top 3 exports?

  • Top U.S. goods exports.
  • Food, beverage and feed: $133 billion. ...
  • Crude oil, fuel and other petroleum products: $109 billion. ...
  • Civilian aircraft and aircraft engines: $99 billion. ...
  • Auto parts, engines and car tires: $86 billion. ...
  • Industrial machines: $57 billion.
  • Passenger cars: $53 billion.

What does Indiana import?

Yearly Imports

In 2020 the top import origins of Indiana were Ireland ($11.6B) , Canada ($7.48B), China ($6.95B), Denmark ($6.61B), and Japan ($5.36B). In 2020 the top imports of Indiana were Hormones nes, except contraceptives, in dosage ($6.81B), Blood, human or animal, antisera, other...

Who does Indiana trade with?

Indiana's top export markets for goods are Canada, Mexico, and China . Its top market for services is China. Indiana's goods exports to Italy have grown by 29 percent per year since 2006, while Indiana's services exports to Singapore have grown by 22 percent per year.

What is Indiana's biggest industry?

  • Energy Sector. The principal source of power in Indiana is fossil fuels, particularly coal. ...
  • Pharmaceuticals And Medical Devices. Indiana is one of the leading manufacturers of pharmaceuticals in the U.S. and home to the international headquarters of Eli-Lilly. ...
  • Mining. ...
  • Transportation.

What is Indiana's major products?

The state is among the country's top producers of corn (maize), soybeans, and mint . Tomatoes are the principal vegetable crop, but watermelons are important in the lower Wabash valley. The state also is one of the leading producers of hogs and dairy products.

What is America's number 1 export?

Rank US Export Product 2020 Value (US$) 1 Processed petroleum oils $60,709,450,000 2 Crude oil $50,285,962,000 3 Cars $45,642,596,000 4 Integrated circuits/microassemblies $44,212,664,000

What is America's #1 export?

Transportation equipment was the top commodity exported by the US last year, accounting for almost 18% of the country's total exports. This category includes aerospace products and parts, motor vehicles, railroad stock, and ships and boats.

Which country exports the most?

NO. COUNTRY YEARLY EXPORTS VALUE 1 CHINA $2.49 trillion 2 UNITED STATES $1.56 trillion 3 GERMANY $1.40 trillion 4 JAPAN $683 billion

What is Indiana known for?

Indiana is famous for its southern sensibilities, basketball , saying the word “ope,” and hosting the greatest spectacle in motor racing. It is also known as corn country; the land is flat and full of farmland being worked on year-round.

What does Indiana export to Qatar?

Indiana's top exports to Qatar are chemicals, electrical equipment and appliance components, and transportation equipment . Indiana's top imports from Qatar are goods returned and reimported, forestry products not elsewhere specified or indicated, and fabricated metal products.

What are Indiana's natural resources?

Gas, oil, and coal are some of the state's most valuable natural resources. Indiana also mines sand, gravel, and limestone.

What is the main export of Iowa?

Iowa ranked as the largest exporter of soybeans ($3.6 billion) , pork ($2.0 billion), corn ($1.7 billion), feeds and fodder ($1.0 billion), and processed grain products ($775 million) in the United States.

How many farmers are in Indiana?

There are just over 94,000 farmers in Indiana. The average age of an Indiana farmer is 55.5 years old. Indiana's farmers cultivated just over 15 million acres of farmland in 2017. More than 80 percent of land in Indiana is devoted to farms, forests and woodland.

Which country did Indiana export the most products to last year?

Rank Country 2017 % Share — Total, Top 25 Countries and % Share of State Total 91.6 1 Canada 34.9 2 Mexico 13.4 3 China 5.5
David Evans
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David Evans
David is a seasoned automotive enthusiast. He is a graduate of Mechanical Engineering and has a passion for all things related to cars and vehicles. With his extensive knowledge of cars and other vehicles, David is an authority in the industry.