Mansion Global

A new study has revealed the states that are most reliant on trade to power their economies, suggesting where President Donald Trump’s tariffs might have the biggest impact on the housing market. Perhaps surprisingly, Kentucky’s economy is the most reliant on global trade of any state, with imports accounting for 32% of gross domestic product in the Bluegrass State, and exports making up 16%, according to the report from the National Association of Realtors®.

The NAR highlights several other states that are particularly reliant on international trade, including Texas. Texas is No. 2 in the nation for exports, driven by oil and gas, and No. 9 for imports, with computer equipment as the top import category, likely tied to a boom in data center construction in the state.

"As a result, these states are more likely to experience the ripple effects of global supply chain shifts, both positive and negative," writes NAR senior economist Nadia Evangelou in the report. "A surge in global demand supports their growth, while disruptions, such as factory shutdowns overseas or sudden tariffs, can present challenges as well."

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