Exporter Rank

47 / 50

Importer Rank

42 / 50

Trade Balance Rank

19 / 50
Note: USA Trade Online Data 1 (2020) are used for computing ranks.

Total Trade [1]

Total Exports (2020) (Origin of Movement) $1,436,741,082
Total Imports (2020) $3,955,459,008
Trade Balance (2020) -$2,518,717,926

Impact of Trade [2]

Total Export-Supported Jobs Related to Manufacturing13,079 (2016)
No. of Businesses Selling Products Overseas807 (2016)
Percentage of Exporters Classified as Small and Medium-size Companies89% (2016)
Percentage of Exports by Small and Medium-size Companies62% (2016)

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Canada $549,272,306
Korea, South $188,460,617
China $93,441,322
Japan $69,392,813
Belgium $67,527,120
Mexico $60,256,039
Taiwan $40,510,062
Brazil $40,480,172
United Kingdom $30,135,447
Germany $23,271,856

Import Partners

Top 10 Import Countries

Country Import USD$
Canada $3,442,588,288
Germany $158,651,734
Mexico $70,163,646
China $57,852,914
Taiwan $43,743,677
United Kingdom $32,797,319
France $20,980,923
Italy $17,144,838
Philippines $11,250,667
Korea, South $9,336,615

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(28) Inorganic Chemicals $210,656,298
(27) Oil & Mineral Fuels $199,166,359
(84) Industrial Machinery $138,064,163
(07) Vegetables $132,762,098
(26) Ores $124,763,446
(90) Precision Instruments $62,026,738
(01) Live Animals $61,485,096
(25) Natural Minerals & Stone $55,093,729
(88) Aircraft $54,142,202
(87) Motor Vehicles & Parts $49,606,769

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $2,285,659,069
(98) Nesoi $393,246,961
(71) Precious Stones & Metals $354,647,612
(84) Industrial Machinery $146,748,326
(44) Wood $134,349,417
(31) Fertilizers $114,945,825
(87) Motor Vehicles & Parts $94,616,383
(85) Electrical Machinery $45,969,938
(73) Iron & Steel Articles $34,580,831
(90) Precision Instruments $29,632,921

Sources

  1. USA Trade Online (2020).
  2. International Trade Administration (Accessed on November 1, 2018)
Montana