Montana

Overview In August 2024 Montana exported $251M and imported $637M, resulting in a negative trade balance of $386M. Between August 2023 and August 2024 the exports of Montana have increased by $72.5M (40.6%) from $179M to $251M, while imports decreased by $-17.8M (-2.72%) from $654M to $637M.

Trade In August 2024, the top exports of Montana were Aircraft Parts ($33.9M), Dried Legumes ($26.6M), Biodiesel and mixtures thereof ($23.4M), Machines and apparatus of a kind... ($19.8M), and Inorganic Salts ($19.1M). In August 2024 the top imports of Montana were Crude Petroleum ($440M), Commodities not elsewhere specified ($30M), Rapeseed Oil ($23.4M), Cars ($21.9M), and Electricity ($7.47M).

Destinations In August 2024, Montana exported mostly to Canada ($109M), Denmark ($27.1M), South Korea ($22.7M), Japan ($17M), and Singapore ($7.88M), and imported mostly from Canada ($572M), Italy ($18.8M), Germany ($8.04M), China ($7.78M), and Mexico ($7.56M).

Growth In August 2024, the increase in Montana's year-by-year exports was explained primarily by an increase in exports to Denmark ($24.1M or 807%), Canada ($13.7M or 14.5%), and South Korea ($12.7M or 126%), and product exports increase in Aircraft Parts ($29.9M or 752%), Machines and apparatus of a kind... ($18.2M or 1.21k%), and Dried Legumes ($10.4M or 63.8%). In August 2024, the decrease in Montana's year-by-year imports was explained primarily by an decrease in imports from Canada ($-33.7M or -5.56%), Mexico ($-4.69M or -38.3%), and Switzerland ($-1.66M or -70.8%), and product imports decrease in Crude Petroleum ($-17.5M or -3.83%), Commodities not elsewhere specified ($-9.14M or -23.4%), and Petroleum Gas ($-3.42M or -32.1%).