South Dakota

State in United States

Exports (2019): $1.35B, Rnk 51/53

Top Destination (2019): $526M, Canada

Top Export (2019): $119M, Brewing or distilling dregs and waste

Imports (2019): $1.15B, Rnk 51/53

Top Origin (2019): $386M, Canada

Top Import (2019): $168M, Bovine meat, offal nes, not livers,...

Economic Complexity (2019): 0.2, Rnk 35 / 53

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

Exports: In 2019, United States' South Dakota exported $1.35B, making it the 51st largest exporter out of the 53 exporters in United States. In 2019 the top exports of South Dakota were Brewing or distilling dregs and waste ($119M), Soya-bean oil-cake and other solid residues ($73.9M), Ethyl alcohol and other spirits, denatured ($47M), Front end shovel loaders ($46M), and Swine carcasses and half carcasses, frozen ($42.3M).

Imports: In 2019, United States' South Dakota imported $1.15B, making it the 51st largest importer out of the 53 importers in United States. In 2019 top imports of South Dakota were Bovine meat, offal nes, not livers,... ($168M), Commodities not specified according to kind ($46.1M), Automatic data processing machines: portable, weighing... ($30.2M), Swine, live except pure-bred breeding <... ($25.3M), and Wood; coniferous species, other than of... ($22.1M).

Economic Complexity: In 2019, the highest complexity exports of South Dakota according to the product complexity index (PCI) are Photographic Chemicals (2.17), Fork-Lifts (1.71), Electric Soldering Equipment (1.65), Self-adhesive Plastics (1.6), and Cutting Blades (1.51). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Value
Depth
Year

Top Destination (2019): Canada, $526M

Top Product (2019): Brewing or distilling dregs and waste, $119M

In 2019 the top export destinations of South Dakota were Canada ($526M), Mexico ($312M), Japan ($75.4M), China ($75.3M), and Germany ($44.1M).

In 2019 the top exports of South Dakota were Brewing or distilling dregs and waste ($119M), Soya-bean oil-cake and other solid residues ($73.9M), Ethyl alcohol and other spirits, denatured ($47M), Front end shovel loaders ($46M), and Swine carcasses and half carcasses, frozen ($42.3M).

Export Dynamics

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Fastest Growing Exports Destination (July 2019 - July 2020)

Rapidly Declining Export Origins (July 2019 - July 2020)

Yearly Imports

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Value
Depth
Year

Top Origin (2019): Canada, $386M

Top Import (2019): Bovine meat, offal nes, not livers,..., $168M

In 2019 the top import origins of South Dakota were Canada ($386M), China ($241M), Brazil ($172M), Mexico ($57.9M), and Germany ($41.7M).

In 2019 the top imports of South Dakota were Bovine meat, offal nes, not livers,... ($168M), Commodities not specified according to kind ($46.1M), Automatic data processing machines: portable, weighing... ($30.2M), Swine, live except pure-bred breeding <... ($25.3M), and Wood; coniferous species, other than of... ($22.1M).

Import Dynamics

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Fastest Growing Import Origins (July 2019 - July 2020)

Rapidly Declining Import Origins (July 2019 - July 2020)

Comparison in Time

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Flow
Value

This section shows differences between total trade from South Dakota throughout time.

This section shows forecasts for total exports and imports from South Dakota. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

Explore Forecasts

Economic Complexity

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Economic Complexity of United States

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South Dakota ranks 35th out of the 53 states and territories in United States according to ECI.

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 Orthopedic Appliances (0.17), Glands and Other Organs (0.17), Liquid Fuel Furnaces (0.17), Gas Turbines (0.17), and Sulfate Chemical Woodpulp (0.17).

Most Complex Products by PCI

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The highest complexity exports of South Dakota according to the product complexity index (PCI) are Photographic Chemicals (2.17), Fork-Lifts (1.71), Electric Soldering Equipment (1.65), Self-adhesive Plastics (1.6), and Cutting Blades (1.51). 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 (293), Clays (245), Oil Seed Flower (95.9), Alcohol > 80% ABV (71.7), and Water and Gas Generators (71.6).

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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Depth
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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.