Montana: Trade Statistics
Exporter Rank
47 / 50
Importer Rank
42 / 50
Trade Balance Rank
19 / 50
Total Trade [1]
Total Exports (2020) (Origin of Movement) | $1,436,741,082 |
Total Imports (2020) | $3,955,459,008 |
Trade Balance (2020) | -$2,518,717,926 |
Impact of Trade [2]
Total Export-Supported Jobs Related to Manufacturing | 13,079 (2016) |
No. of Businesses Selling Products Overseas | 807 (2016) |
Percentage of Exporters Classified as Small and Medium-size Companies | 89% (2016) |
Percentage of Exports by Small and Medium-size Companies | 62% (2016) |
Trade Partners [1]
Export Partners
Top 10 Export Countries
Country | Export USD$ |
---|---|
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
Montana