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Montana: Trade Statistics

Exporter Rank

43 / 50

Importer Rank

37 / 50

Trade Balance Rank

25 / 50
Note: USA Trade Online Data 1 (2021) are used for computing ranks.

Total Trade [1]

Total Exports (2021) (Origin of Movement) $6,330,839,574
Total Imports (2021) $21,645,316,550
Trade Balance (2021) -$15,314,476,976

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$
Greece $2,383,717,992
Canada $910,642,926
Korea, South $222,626,427
China $108,919,471
Japan $102,189,999
Mexico $87,704,273
Belgium $84,626,185
Taiwan $53,001,564
United Kingdom $38,844,073
Singapore $34,786,482

Import Partners

Top 10 Import Countries

Country Import USD$
Canada $7,204,443,498
China $828,251,711
Mexico $483,415,006
Germany $371,100,915
Japan $338,684,524
Ukraine $216,744,177
Ireland $156,411,652
France $148,172,913
Switzerland $128,434,032
Italy $103,461,704

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

Top 10 Export Goods

HS Code Export USD$
(27) Oil & Mineral Fuels $653,412,222
(28) Inorganic Chemicals $578,913,620
(84) Industrial Machinery $441,163,394
(26) Ores $353,432,300
(10) Cereals $179,949,110
(87) Motor Vehicles & Parts $157,595,608
(90) Precision Instruments $137,357,512
(25) Natural Minerals & Stone $130,074,072
(30) Pharmaceuticals $128,553,518
(38) Chemical Products $77,677,764

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $9,000,100,548
(84) Industrial Machinery $2,239,227,628
(98) Nesoi $1,104,941,334
(29) Organic Chemicals $992,003,612
(44) Wood $909,968,172
(85) Electrical Machinery $862,834,750
(87) Motor Vehicles & Parts $758,101,674
(71) Precious Stones & Metals $515,604,302
(39) Plastics $412,410,164
(30) Pharmaceuticals $384,921,398

Sources

  1. USA Trade Online (2021).
  2. International Trade Administration (Accessed on November 1, 2018)
Montana