North Dakota

Overview In January 2024 North Dakota exported $508M and imported $376M, resulting in a positive trade balance of $131M. Between January 2023 and January 2024 the exports of North Dakota have increased by $86.7M (20.6%) from $421M to $508M, while imports decreased by $-74.9M (-16.6%) from $451M to $376M.

Trade In January 2024, the top exports of North Dakota were Refined Petroleum ($236M), Corn ($34.8M), Large Construction Vehicles ($24.5M), Dried Legumes ($23.1M), and Alcohol > 80% ABV ($16.7M). In January 2024 the top imports of North Dakota were Commodities not elsewhere specified ($27.4M), Soil Preparation Machinery ($25M), Combustion Engines ($19.6M), Ammonia ($19.1M), and Crude Petroleum ($17.8M).

Destinations In January 2024, North Dakota exported mostly to Canada ($405M), Mexico ($51.2M), Czechia ($7.81M), Germany ($4.21M), and Japan ($2.76M), and imported mostly from Canada ($238M), China ($24.6M), Mexico ($19M), South Korea ($14.6M), and Thailand ($13.9M).

Growth In January 2024, the increase in North Dakota's year-by-year exports was explained primarily by an increase in exports to Mexico ($14M or 43.8%), Belgium ($4.52M or 428%), and Brazil ($4.49M or 258%), and product exports increase in Petroleum Gas ($20.2M or 122%), Crude Petroleum ($19.1M or 1.02k%), and Wheat ($16.7M or 169%). In January 2024, the decrease in North Dakota's year-by-year imports was explained primarily by an decrease in imports from France ($-2.32M or -30.8%), Mexico ($-2M or -13.7%), and China ($-1.7M or -10.3%), and product imports decrease in Buses ($-8.34M or -98.7%), Iron Pipes ($-4.37M or -60.2%), and Rapeseed ($-2.38M or -19.7%).