North DakotaState in United States
2019 Economic Complexity: -0.25, Rank 50 of 53
Jan 2021 Trade Exports | Imports: $451M | $233M, 39 of 54 | 48 of 54
Jan 2021 Country Destination | Origin: Canada | Canada , $326M | $166M
Jan 2021 Product Exports | Imports: Refined Petroleum | Commodities not elsewhere specified , $160M | $29.1M
Overview: This page contains the latest international trade data for North Dakota, including export and import data.
Exports: In 2020, United States' North Dakota exported $5.19B, making it the 39th largest exporter out of the 53 exporters in United States. In 2020 the top exports of North Dakota were Petroleum spirit for motor vehicles ($1.76B), Petroleum oils, oils from bituminous minerals,... ($1.46B), Tractors; n.e.c. in heading no 8701... ($121M), Front end shovel loaders ($113M), and Maize except seed corn ($103M).
Imports: In 2020, United States' North Dakota imported $2.86B, making it the 46th largest importer out of the 53 importers in United States. In 2020 top imports of North Dakota were Commodities not specified according to kind ($345M), Waste and scrap of precious metals:... ($261M), Oil seeds: low erucic acid rape... ($134M), Parts of hydraulic/pneumatic/other power engines ($88.2M), and Diesel powered buses ($86.3M).
Economic Complexity: In 2019, the highest complexity exports of North Dakota according to the product complexity index (PCI) are Phenols (1.41), Nucleic Acids (1.27), Navigation Equipment (1.21), Vitamins (1.08), and Lifting Machinery (1.08). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Overview: In January 2021 North Dakota exported $451M and imported $233M, resulting in a positive trade balance of $218M. Between January 2020 and January 2021 the exports of North Dakota have decreased by $-131M (-22.5%) from $582M to $451M, while imports decreased by $-37.9M (-14%) from $271M to $233M.
Trade: In January 2021, the top exports of North Dakota were Refined Petroleum ($160M), Crude Petroleum ($65.4M), Tractors ($25.6M), Wheat ($24.8M), and Soil Preparation Machinery ($15.7M). In January 2021 the top imports of North Dakota were Commodities not elsewhere specified ($29.1M), Rapeseed ($19.3M), Buses ($13.7M), Precious Metal Scraps ($13M), and Air Pumps ($9.25M).
Destinations: In January 2021, North Dakota exported mostly to Canada ($326M), Mexico ($44.1M), Australia ($24.8M), China ($13.5M), and Germany ($6.13M), and imported mostly from Canada ($166M), Mexico ($11.1M), China ($10.1M), Thailand ($7.55M), and Germany ($7.43M).
Growth: In January 2021, the decrease in North Dakota's year-by-year exports was explained primarily by an decrease in exports to Canada ($-200M or -38.1%), Kazakhstan ($-4.8M or -86.7%), and Spain ($-1.55M or -73.2%), and product exports decrease in Crude Petroleum ($-139M or -68%), Refined Petroleum ($-81.7M or -33.8%), and Soybean Meal ($-2.08M or -90.9%). In January 2021, the decrease in North Dakota's year-by-year imports was explained primarily by an decrease in imports from Canada ($-17.5M or -9.57%), Poland ($-8.49M or -97.3%), and Malaysia ($-5.79M or -94.1%), and product imports decrease in Integrated Circuits ($-10.7M or -91.9%), Precious Metal Scraps ($-10.5M or -44.7%), and Commodities not elsewhere specified ($-9.69M or -25%).
EXPORT GROWTH (January 2020 - January 2021): $-131M, (-22.5%)
IMPORT GROWTH (January 2020 - January 2021): $-37.9M, (-14%)
This section shows exports and imports data at subnational level for North Dakota. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of North Dakota over time.
This section shows the differences between North Dakota's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit United States's country profile.
Top Destination (2020): Canada, $4.39B
Top Product (2020): Petroleum spirit for motor vehicles, $1.76B
In 2020 the top export destinations of North Dakota were Canada ($4.39B), Mexico ($253M), Australia ($118M), Germany ($61.4M), and Japan ($35.5M).
In 2020 the top exports of North Dakota were Petroleum spirit for motor vehicles ($1.76B), Petroleum oils, oils from bituminous minerals,... ($1.46B), Tractors; n.e.c. in heading no 8701... ($121M), Front end shovel loaders ($113M), and Maize except seed corn ($103M).
Top Origin (2020): Canada, $1.78B
Top Import (2020): Commodities not specified according to kind, $345M
In 2020 the top import origins of North Dakota were Canada ($1.78B), Mexico ($138M), China ($118M), Germany ($117M), and India ($73.9M).
In 2020 the top imports of North Dakota were Commodities not specified according to kind ($345M), Waste and scrap of precious metals:... ($261M), Oil seeds: low erucic acid rape... ($134M), Parts of hydraulic/pneumatic/other power engines ($88.2M), and Diesel powered buses ($86.3M).
North Dakota ranks 50th out of the 53 states and territories in United States according to ECI.
Estimated using exports data.
The top export opportunities according to the relatedness level, without considering those products were North Dakota already has a comparative advantage, are led by Barley (0.086), Antifreeze (0.078), Bovine Meat (0.078), Other Vegetable Residues (0.077), and Other Oily Seeds (0.077).
The highest complexity exports of North Dakota according to the product complexity index (PCI) are Phenols (1.41), Nucleic Acids (1.27), Navigation Equipment (1.21), Vitamins (1.08), and Lifting Machinery (1.08). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The most specialized products according to the RCA index are led by Soil Preparation Machinery (38.3), Starch Residue (36.5), Dried Legumes (28), Alcohol > 80% ABV (27.9), and Rapeseed (17.3).
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since North Dakota is more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.
The Complexity-Relatedness diagram compares the risk and the strategic value of a territory's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.
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