South Dakota

Overview In October 2024 South Dakota exported $142M and imported $152M, resulting in a negative trade balance of $10.6M. Between October 2023 and October 2024 the exports of South Dakota have decreased by $-43.7M (-23.6%) from $185M to $142M, while imports increased by $11.6M (8.27%) from $140M to $152M.

Trade In October 2024, the top exports of South Dakota were Alcohol > 80% ABV ($24.6M), Starch Residue ($13.4M), Pig Meat ($12.9M), Edible Offal ($5.5M), and Bandages ($5.47M). In October 2024 the top imports of South Dakota were Other Prepared Meat ($16.2M), Commodities not elsewhere specified ($7.08M), Other Heating Machinery ($4.95M), Potassic Fertilizers ($4.92M), and Centrifuges ($3.99M).

Destinations In October 2024, South Dakota exported mostly to Canada ($65.3M), Mexico ($29M), China ($15.2M), Japan ($4.03M), and Australia ($2.73M), and imported mostly from Canada ($67.1M), China ($18.1M), Brazil ($17M), Mexico ($6.01M), and Italy ($5.94M).

Growth In October 2024, the decrease in South Dakota's year-by-year exports was explained primarily by an decrease in exports to Canada ($-27M or -29.3%), Japan ($-7.24M or -64.2%), and Australia ($-4.76M or -63.6%), and product exports decrease in Pig Meat ($-8.09M or -38.5%), Alcohol > 80% ABV ($-5.71M or -18.8%), and Soybean Meal ($-3.98M or -44.8%). In October 2024, the increase in South Dakota's year-by-year imports was explained primarily by an increase in imports from Canada ($5.52M or 8.97%), Brazil ($4.02M or 31%), and Poland ($3.83M or 1.4k%), and product imports increase in Other Prepared Meat ($3.72M or 29.9%), Radioactive Chemicals ($3.7M or 103k%), and Other Heating Machinery ($3.2M or 182%).