North Dakota

Overview In December 2024 North Dakota exported $432M and imported $285M, resulting in a positive trade balance of $147M. Between December 2023 and December 2024 the exports of North Dakota have decreased by $-18.7M (-4.15%) from $451M to $432M, while imports decreased by $-68.1M (-19.3%) from $353M to $285M.

Trade In December 2024, the top exports of North Dakota were Refined Petroleum ($182M), Crude Petroleum ($28.9M), Large Construction Vehicles ($23.7M), Tractors ($23.5M), and Dried Legumes ($21.3M). In December 2024 the top imports of North Dakota were Commodities not elsewhere specified ($38.1M), Crude Petroleum ($19.6M), Rapeseed ($16.7M), Soil Preparation Machinery ($14.2M), and Motor vehicles; parts and accessories (8701... ($12.7M).

Destinations In December 2024, North Dakota exported mostly to Canada ($359M), Mexico ($54.6M), Australia ($17.8M), Czechia ($8.12M), and Germany ($4.88M), and imported mostly from Canada ($291M), Mexico ($15.9M), Germany ($15.9M), China ($12.1M), and South Korea ($7.47M).

Growth In December 2024, the decrease in North Dakota's year-by-year exports was explained primarily by an decrease in exports to Canada ($-46.6M or -11.5%), South Korea ($-1.46M or -74.4%), and United Kingdom ($-1.43M or -84.1%), and product exports decrease in Refined Petroleum ($-53.6M or -22.8%), Corn ($-19M or -54.6%), and Biodiesel and mixtures thereof ($-2.61M or -39.3%). In December 2024, the decrease in North Dakota's year-by-year imports was explained primarily by an decrease in imports from China ($-12.5M or -51%), Thailand ($-11.3M or -81.6%), and France ($-7.35M or -72.8%), and product imports decrease in Combustion Engines ($-12.3M or -62.9%), Other Electrical Machinery ($-11.1M or -80.4%), and Soil Preparation Machinery ($-10.9M or -43.4%).