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The Largest Export of Every U.S. State in 2017

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The Largest Export of Every U.S. State in 2017

The Largest Export of Every U.S. State in 2017

Last year, the U.S. exported $2.3 trillion worth of goods to international customers.

The country’s main exports are exactly what one would expect, with categories like aircraft, refined petroleum, vehicles, vehicle parts, and computer chips constituting the biggest chunk of overall goods.

However, today’s infographic from HowMuch.net zooms down to the state level, where things get much more interesting. Some states tow the line by exporting one of the major U.S. goods, while others specialize in categories that you probably couldn’t ever guess.

Towing the Line

We’ll start by looking at dollar values for the states that have the single largest exports.

Here are the top 10 states:

RankStateType of Good2017 Value
#1WashingtonAirplanes$41.8 billion
#2TexasPetroleum$23.4 billion
#3LouisianaPetroleum$13.4 billion
#4New YorkDiamonds$12.2 billion
#5KentuckyAirplanes$11.6 billion
#6CaliforniaAirplanes$7.1 billion
#7FloridaAirplanes$6.3 billion
#8NevadaGold$6.3 billion
#9South CarolinaAirplanes$6.3 billion
#10GeorgiaAirplanes$5.8 billion

Not surprisingly, some of the top national exports are represented here.

Airplanes dominate the list, and Boeing’s presence in particular is clearly felt. The company’s major factory in Everett, WA – the largest building in the world by volume – helps the state of Washington generate $41.8 billion in export sales from the aerospace sector. That said, airplanes are also the top export good for five other states in the above list.

The Gulf Coast is also well-represented with Texas and Louisiana as major refined oil exporters. New York (Diamonds) and Nevada (Gold) round out the list.

Keeping Exports Weird

The smaller the state, the better chance it has of specializing in a type of good that is outside of the norm.

Possibly the title of “Most Unusual Top State Export” can go to South Dakota, which sent $91 million of distillery dregs outside of the country in 2017. In case you were wondering, the U.S. Census Bureau’s full category title for this is as follows: BREWING OR DISTILLING DREGS AND WASTE, W/NT PELLET.

This spent grain is a byproduct of brewing or distilling processes, and is primarily sold for use in making animal feeds.

Other strange top exports?

The biggest state export of Wyoming is soda ash, which is used to manufacture of glass, paper, rayon, soaps, and detergents. In 2017, the state exported $842 million of soda ash, which is 10x larger than its second-biggest export category, which is also an uncommon one: rare gases.

Other interesting states include Rhode Island, which exported $187 million of iron and steel waste, as well as Maine – a state that shipped away $326 million of its famous lobsters.

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Markets

Will Tesla Lose Its Spot in the Magnificent Seven?

We visualize the recent performance of the Magnificent Seven stocks, uncovering a clear divergence between the group’s top and bottom names.

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Will Tesla Lose Its Spot in the Magnificent Seven?

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

In this graphic, we visualize the year-to-date (YTD) performance of the “Magnificent Seven”, a leading group of U.S. tech stocks that gained prominence in 2023 as the replacement of FAANG stocks.

All figures are as of March 12, 2024, and are listed in the table below.

RankCompanyYTD Change (%)
1Nvidia90.8
2Meta44.3
3Amazon16.9
4Microsoft12
5Google0.2
6Apple-6.7
7Tesla-28.5

From these numbers, we can see a clear divergence in performance across the group.

Nvidia and Meta Lead

Nvidia is the main hero of this show, setting new all-time highs seemingly every week. The chipmaker is currently the world’s third most valuable company, with a valuation of around $2.2 trillion. This puts it very close to Apple, which is currently valued at $2.7 trillion.

The second best performer of the Magnificent Seven has been Meta, which recently re-entered the trillion dollar club after falling out of favor in 2022. The company saw a massive one-day gain of $197 billion on Feb 2, 2024.

Apple and Tesla in the Red

Tesla has lost over a quarter of its value YTD as EV hype continues to fizzle out. Other pure play EV stocks like Rivian and Lucid are also down significantly in 2024.

Meanwhile, Apple shares have struggled due to weakening demand for its products in China, as well as the company’s lack of progress in the artificial intelligence (AI) space.

Investors may have also been disappointed to hear that Apple’s electric car project, which started a decade ago, has been scrapped.

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