South Dakota recorded goods exports totaling $362.4 million in 1995, up 53 percent ($124.9 million) from 1993. During 1995, South Dakota was the 47th largest state exporter of goods.
South Dakota’s jobs supported by goods exports grew an estimated 39 percent (1,289 jobs) since 1993. Export-related jobs pay 13 to 16 percent higher than the national average.
In 1991, the latest year available, South Dakota exports accounted for 13.7 percent of its manufacturing output and represented 16.5 percent of its total manufacturing employment.
South Dakota’s exports of manufactured products were up by 55 percent between 1993 and 1995 (from $223.7 million in 1993 to $345.9 million in 1995).
The five largest manufacturing sectors in terms of South Dakota’s exports were: Industrial Machinery and Computers ($166.3 million of exports in 1995), Scientific and Measuring Instruments ($45.4 million), Primary Metal Industries ($38.4 million), Electronic and Electric Equipment ($32.1 million), and Transportation Equipment ($19.4 million). These five sectors accounted for over 83 percent of the state’s total exports in 1995.
Among South Dakota's fastest growing manufactured exports (in millions) were:
|Industrial Machinery and Computers||$71.4||$166.3||133%|
|Electronic and Electric Equipment||$21.9||$32.1||46%|
|Scientific and Measuring Instruments||$35.8||$45.4||27%|
South Dakota is the country’s 22nd largest agricultural exporting state, shipping $673 million in agricultural exports abroad or 1.5% of the U.S. total in 1994 (latest year available for Department of Agriculture state export data). Large export product categories included wheat, feed grains and soybeans. These three categories accounted for over 70 percent of South Dakota’s agricultural exports in 1994. Given the 22 percent increase in total U.S. agriculture exports in 1995, agriculture exports from South Dakota in 1995 will likely range between $800 million and $850 million.
Total exports from South Dakota to NAFTA countries increased by 16 percent between 1993 (pre-NAFTA) and 1995 (from $133.1 million in 1993 to $154.3 million in 1995). During 1995, Canada was South Dakota’s largest export market, while Mexico was South Dakota’s 10th largest export market. Exports to Canada were up by 13 percent ($19.8 million), from $128.7 million in 1993 to $148.5 million in 1995. South Dakota’s exports to Mexico were up by 24 percent ($1.4 million), from $4.4 million in 1993 to $5.8 million in 1995.
During 1995, Japan was South Dakota second largest export market. Total exports from South Dakota to Japan were up 73 percent ($28.9 million), from $10.6 million in 1993 to $39.5 million in 1995.
Total exports from South Dakota to the European Union were up 70 percent ($47.1 million), from $67.4 million in 1993 to $114.5 million in 1995.