Overview: In January 2021 Pembina, ND exported $2B and imported $1.7B, resulting in a positive trade balance of $304M. Between January 2020 and January 2021 the exports of Pembina, ND have decreased by $-339M (-14.5%) from $2.34B to $2B, while imports increased by $5.51M (0.33%) from $1.69B to $1.7B.
Trade: In January 2021, the top exports of Pembina, ND were Crude Petroleum ($4.06B), Refined Petroleum ($3.39B), Petroleum Gas ($2.86B), Commodities not elsewhere specified ($2.51B), and Soybeans ($2.1B). In January 2021 the top imports of Pembina, ND were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Pembina, ND exported mostly to Canada ($1.87B), China ($47.8M), Japan ($17.6M), Singapore ($15.4M), and South Korea ($13.9M), and imported mostly from Canada ($1.64B), China ($15.1M), Germany ($11.1M), Japan ($9.6M), and France ($3.81M).
Growth: In January 2021, the decrease in Pembina, ND's year-by-year exports was explained primarily by an decrease in exports to Canada ($-604M or -22.6%), Netherlands ($-456M or -44.1%), and Mexico ($-453M or -5.04%), and product exports decrease in Crude Petroleum ($-1.53B or -27.3%), Refined Petroleum ($-882M or -53.2%), and Refined Petroleum ($-668M or -16.5%). In January 2021, the increase in Pembina, ND's year-by-year imports was explained primarily by an increase in imports from China ($1.85B or 59%), China ($1.79B or 20.1%), and Switzerland ($851M or 229%), and product imports increase in Computers ($1.32B or 78.1%), Other Precious Metal Products ($851M or 2.19k%), and Computers ($792M or 126%).