North DakotaState in United States
Exports (2019): $6.74B, Rnk 36/53
Top Destination (2019): $5.91B, Canada
Top Export (2019): $2.45B, Petroleum oils, oils from bituminous minerals,...
Imports (2019): $3.43B, Rnk 48/53
Top Origin (2019): $2.11B, Canada
Top Import (2019): $456M, Commodities not specified according to kind
Economic Complexity (2019): -0.19, Rnk 49 / 53
Overview: This page contains the latest international trade data for North Dakota, including export and import data.
Exports: In 2019, United States' North Dakota exported $6.74B, making it the 36th largest exporter out of the 53 exporters in United States. In 2019 the top exports of North Dakota were Petroleum oils, oils from bituminous minerals,... ($2.45B), Petroleum spirit for motor vehicles ($1.98B), Maize except seed corn ($146M), Cereals: wheat and meslin, other than... ($141M), and Front end shovel loaders ($140M).
Imports: In 2019, United States' North Dakota imported $3.43B, making it the 48th largest importer out of the 53 importers in United States. In 2019 top imports of North Dakota were Commodities not specified according to kind ($456M), Waste and scrap of precious metals:... ($260M), Oil seeds: low erucic acid rape... ($132M), Electronic integrated circuits: n.e.c. in heading... ($128M), and Diesel powered buses ($120M).
Economic Complexity: In 2019, the highest complexity exports of North Dakota according to the product complexity index (PCI) are Nucleic Acids (1.37), Phenols (1.35), Other Engines (1.07), Vitamins (1.05), and Navigation Equipment (0.97). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Top Destination (2019): Canada, $5.91B
Top Product (2019): Petroleum oils, oils from bituminous minerals,..., $2.45B
In 2019 the top export destinations of North Dakota were Canada ($5.91B), Mexico ($228M), Australia ($81.7M), Germany ($58.2M), and Brazil ($52.4M).
In 2019 the top exports of North Dakota were Petroleum oils, oils from bituminous minerals,... ($2.45B), Petroleum spirit for motor vehicles ($1.98B), Maize except seed corn ($146M), Cereals: wheat and meslin, other than... ($141M), and Front end shovel loaders ($140M).
Top Origin (2019): Canada, $2.11B
Top Import (2019): Commodities not specified according to kind, $456M
In 2019 the top import origins of North Dakota were Canada ($2.11B), Mexico ($162M), China ($151M), Germany ($109M), and India ($106M).
In 2019 the top imports of North Dakota were Commodities not specified according to kind ($456M), Waste and scrap of precious metals:... ($260M), Oil seeds: low erucic acid rape... ($132M), Electronic integrated circuits: n.e.c. in heading... ($128M), and Diesel powered buses ($120M).
This section shows differences between total trade from North Dakota throughout time.
This section shows forecasts for total exports and imports from North Dakota. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.
North Dakota ranks 49th 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 Sorghum (0.091), Barley (0.088), Sawn Wood (0.08), Particle Board (0.079), and Antifreeze (0.079).
The highest complexity exports of North Dakota according to the product complexity index (PCI) are Nucleic Acids (1.37), Phenols (1.35), Other Engines (1.07), Vitamins (1.05), and Navigation Equipment (0.97). 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 (38.9), Starch Residue (35.3), Alcohol > 80% ABV (28), Dried Legumes (24.5), and Rapeseed (16).
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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