Overview: In January 2021 Northgate, ND exported $1.77M and imported $8.33M, resulting in a negative trade balance of $6.56M. Between January 2020 and January 2021 the exports of Northgate, ND have decreased by $-22.2M (-92.6%) from $24M to $1.77M, while imports increased by $2.09M (33.4%) from $6.24M to $8.33M.
Trade: In January 2021, the top exports of Northgate, 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 Northgate, ND were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Northgate, ND exported mostly to Canada ($1.58M) and Japan ($186k), and imported mostly from Canada ($8.33M).
Growth: In January 2021, the decrease in Northgate, ND's year-by-year exports was explained primarily by an decrease in exports to Canada ($-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 Northgate, 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%).