Overview This page contains the latest international trade data for South Dakota, including export and import data.

Exports In 2020, United States' South Dakota exported $1.38B, making it the 50th largest exporter out of the 53 exporters in United States. In 2020 the top exports of South Dakota were Brewing or distilling dregs and waste ($110M), Soya-bean oil-cake and other solid residues ($80.5M), Soya beans: other than seed, whether... ($66.2M), Ethyl alcohol and other spirits, denatured ($62.9M), and Swine cuts, frozen nes ($57.3M).

Imports In 2020, United States' South Dakota imported $1.26B, making it the 50th largest importer out of the 53 importers in United States. In 2020 top imports of South Dakota were Bovine meat, offal nes, not livers,... ($171M), Parts of hydraulic/pneumatic/other power engines ($48.4M), Automatic data processing machines: portable, weighing... ($42.5M), Wood; coniferous species, other than of... ($36M), and Commodities not specified according to kind ($32.1M).

Economic Complexity In 2020, the highest complexity exports of South Dakota according to the product complexity index (PCI) are Forging Machines (1.7), Fork-Lifts (1.67), Self-adhesive Plastics (1.38), Abrasive Powder (1.2), and Technical Use Textiles (1.19). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

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Yearly Exports

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Top Destination (2020): Canada, $524M

Top Product (2020): Brewing or distilling dregs and waste, $110M

In 2020 the top export destinations of South Dakota were Canada ($524M), Mexico ($314M), China ($97.8M), Japan ($92.9M), and Germany ($38.6M).

In 2020 the top exports of South Dakota were Brewing or distilling dregs and waste ($110M), Soya-bean oil-cake and other solid residues ($80.5M), Soya beans: other than seed, whether... ($66.2M), Ethyl alcohol and other spirits, denatured ($62.9M), and Swine cuts, frozen nes ($57.3M).

Exports Dynamics

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Fastest Growing Exports Destination (Jul 2020 - Jul 2021)

Rapidly Declining Export Origins (Jul 2020 - Jul 2021)

Yearly Imports

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Top Origin (2020): Canada, $428M

Top Import (2020): Bovine meat, offal nes, not livers,..., $171M

In 2020 the top import origins of South Dakota were Canada ($428M), China ($231M), Brazil ($184M), Mexico ($77.1M), and Germany ($58M).

In 2020 the top imports of South Dakota were Bovine meat, offal nes, not livers,... ($171M), Parts of hydraulic/pneumatic/other power engines ($48.4M), Automatic data processing machines: portable, weighing... ($42.5M), Wood; coniferous species, other than of... ($36M), and Commodities not specified according to kind ($32.1M).

Imports Dynamics

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Fastest Growing Import Origins (Jul 2020 - Jul 2021)

Rapidly Declining Import Origins (Jul 2020 - Jul 2021)

Economic Complexity

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Economic Complexity of United States

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Economic Complexity (2020): 0.24

South Dakota ranks 30th out of the 53 states and territories in United States according to ECI.

The Economic Complexity Index, or ECI, is a measure of an economy’s capacity which can be inferred from data connecting locations to the activities that are present in them. For more info about Economic Complexity, visit the Economic Complexity page.

Estimated using exports data.

Discover Economic Complexity

Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were South Dakota already has a comparative advantage, are led by Oats (0.16), Horses (0.16), Wheat (0.15), Orthopedic Appliances (0.15), and Barley (0.15).

Most Complex Products by PCI

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The highest complexity exports of South Dakota according to the product complexity index (PCI) are Forging Machines (1.7), Fork-Lifts (1.67), Self-adhesive Plastics (1.38), Abrasive Powder (1.2), and Technical Use Textiles (1.19). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

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The most specialized products according to the RCA index are led by Starch Residue (274.8), Clays (181.4), Alcohol > 80% ABV (93.9), Pig Meat (66.2), and Oil Seed Flower (60.4).

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 South 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.

Relatedness Space

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This network shows the products most related to the production structure of  South Dakota. These are products that tend to be co-exported with the products that South Dakota exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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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.