International Falls, MN

Overview In January 2024 International Falls, MN exported $382M and imported $795M, resulting in a negative trade balance of $413M. Between January 2023 and January 2024 the exports of International Falls, MN have decreased by $-67.1M (-14.9%) from $449M to $382M, while imports decreased by $-207M (-20.7%) from $1B to $795M.

Trade In January 2024, the top exports of International Falls, 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... ($13M). In January 2024 the top imports of International Falls, MN were Potassic Fertilizers ($90.9M), Ethylene Polymers ($84.3M), Rapeseed Oil ($82.1M), Petroleum Coke ($62.3M), and Sawn Wood ($58.4M).

Destinations In January 2024, International Falls, MN exported mostly to Canada ($302M), China ($25.6M), Japan ($12.5M), South Korea ($10.8M), and Thailand ($10.1M), and imported mostly from Canada ($694M), China ($55.3M), Vietnam ($24.4M), Japan ($13.1M), and Taiwan ($1.83M).

Growth In January 2024, the decrease in International Falls, 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 ($-3.59M or -28.6%), and product exports decrease in Corn ($-20.7M or -99%), Railway Freight Cars ($-15.4M or -57.9%), and Motor vehicles; parts and accessories (8701... ($-11.6M or -51.7%). In January 2024, the decrease in International Falls, MN's year-by-year imports was explained primarily by an decrease in imports from China ($-16.4M or -29.6%), South Korea ($-3.6M or -53%), and Japan ($-3.05M or -54.5%), and product imports decrease in Sawn Wood ($-85.4M or -56.8%), Ethylene Polymers ($-34.2M or -25.1%), and Crude Petroleum ($-23.6M or -61.9%).