Overview: In January 2021 Sweetgrass, MT exported $475M and imported $668M, resulting in a negative trade balance of $193M. Between January 2020 and January 2021 the exports of Sweetgrass, MT have increased by $12.5M (2.69%) from $463M to $475M, while imports increased by $51.9M (8.42%) from $617M to $668M.
Trade: In January 2021, the top exports of Sweetgrass, 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 Sweetgrass, MT were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Sweetgrass, MT exported mostly to Canada ($475M), and imported mostly from Canada ($610M), Netherlands ($34.3M), Germany ($4.22M), Mexico ($3.71M), and China ($3.5M).
Growth: In January 2021, the increase in Sweetgrass, 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 increase in Sweetgrass, MT'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%).