Overview: In January 2021 Great Falls, MT exported $2.54M and imported $152M, resulting in a negative trade balance of $149M. Between January 2020 and January 2021 the exports of Great Falls, MT have increased by $1.93M (315%) from $612k to $2.54M, while imports decreased by $-32.9M (-17.8%) from $185M to $152M.
Trade: In January 2021, the top exports of Great Falls, MT 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 Great Falls, MT were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Great Falls, MT exported mostly to Canada ($2.54M), and imported mostly from Canada ($150M), United Kingdom ($2M), and China ($863).
Growth: In January 2021, the increase in Great Falls, MT's year-by-year exports was explained primarily by an increase in exports to China ($1.43B or 358%), China ($1.11B or 170%), and China ($656M or 116%), and product exports increase in Soybeans ($1B or 90.9%), Petroleum Gas ($936M or 48.6%), and Platinum ($742M or 188%). In January 2021, the decrease in Great Falls, MT's year-by-year imports was explained primarily by an decrease in imports from Ireland ($-641M or -63.5%), Ireland ($-631M or -76.8%), and Mexico ($-502M or -5.79%), and product imports decrease in Crude Petroleum ($-995M or -52.5%), Nucleic Acids ($-936M or -83.4%), and Crude Petroleum ($-748M or -34.7%).