Duluth, MN

Overview In January 2024 Duluth, MN exported $400M and imported $753M, resulting in a negative trade balance of $353M. Between January 2023 and January 2024 the exports of Duluth, MN have decreased by $-66.2M (-14.2%) from $466M to $400M, while imports decreased by $-229M (-23.3%) from $982M to $753M.

Trade In January 2024, the top exports of Duluth, MN were Refined Petroleum ($41M), Mixed Mineral or Chemical Fertilizers ($35.8M), Cars ($28.3M), Sand ($16.6M), and Motor vehicles; parts and accessories (8701... ($13.1M). In January 2024 the top imports of Duluth, MN were Potassic Fertilizers ($90.9M), Ethylene Polymers ($84.3M), Rapeseed Oil ($82.1M), Petroleum Coke ($62.3M), and Sawn Wood ($58.9M).

Destinations In January 2024, Duluth, MN exported mostly to Canada ($320M), China ($25.6M), Japan ($12.5M), South Korea ($10.8M), and Thailand ($10.1M), and imported mostly from Canada ($704M), Vietnam ($22.4M), China ($21.5M), Taiwan ($847k), and Colombia ($788k).

Growth In January 2024, the decrease in Duluth, MN's year-by-year exports was explained primarily by an decrease in exports to China ($-36.8M or -59.8%), Taiwan ($-4.19M or -70.2%), and South Korea ($-3.59M or -28.6%), and product exports decrease in Corn ($-20.6M or -98.8%), Railway Freight Cars ($-15.4M or -57.9%), and Motor vehicles; parts and accessories (8701... ($-11.6M or -51.4%). In January 2024, the decrease in Duluth, MN's year-by-year imports was explained primarily by an decrease in imports from China ($-3.69M or -15.1%), South Korea ($-911k or -28.2%), and Taiwan ($-497k or -35.7%), and product imports decrease in Sawn Wood ($-85.5M or -56.6%), Ethylene Polymers ($-34.2M or -25.1%), and Crude Petroleum ($-23.6M or -61.9%).