South Dakota

Overview In December 2024 South Dakota exported $155M and imported $125M, resulting in a positive trade balance of $29.4M. Between December 2023 and December 2024 the exports of South Dakota have decreased by $-29.8M (-16.2%) from $184M to $155M, while imports increased by $9.64M (8.34%) from $116M to $125M.

Trade In December 2024, the top exports of South Dakota were Alcohol > 80% ABV ($24.6M), Soybeans ($23.1M), Pig Meat ($8.84M), Starch Residue ($6.75M), and Soybean Meal ($6.37M). In December 2024 the top imports of South Dakota were Other Prepared Meat ($13.3M), Potassic Fertilizers ($6.14M), Commodities not elsewhere specified ($4.21M), Pigs ($3.55M), and Excavation Machinery ($3.39M).

Destinations In December 2024, South Dakota exported mostly to Canada ($69.5M), Mexico ($40M), China ($11.7M), Japan ($6.89M), and Belgium ($3.58M), and imported mostly from Canada ($59.6M), China ($24.2M), Brazil ($13.8M), Mexico ($6.71M), and Italy ($6.55M).

Growth In December 2024, the decrease in South Dakota's year-by-year exports was explained primarily by an decrease in exports to Canada ($-12.3M or -15%), India ($-3.1M or -66.4%), and Netherlands ($-2.9M or -77.7%), and product exports decrease in Starch Residue ($-12.2M or -64.5%), Pig Meat ($-6.62M or -42.8%), and Soybean Meal ($-2.8M or -30.5%). In December 2024, the increase in South Dakota's year-by-year imports was explained primarily by an increase in imports from Canada ($13M or 27.9%), Italy ($3.29M or 101%), and India ($1.96M or 102%), and product imports increase in Potassic Fertilizers ($4.43M or 258%), Washing and Bottling Machines ($3.07M or 7.65k%), and Centrifuges ($2.68M or 430%).