Budget 2024

Tax and spend fiscal plan will inhibit growth

South Dakota

Generating 20 percent of the Mount Rushmore State’s economic activity, food and agriculture also nourish South Dakota’s trade with Canada – the state’s No. 1 trading partner and the destination for nearly half of all its goods exports.

6,300+

jobs supported

$654 million

total exports

$519 million

goods exports

$135 million

services exports

Top goods exports:
  • Agriculture, food and animal feed: $183 million
  • Chemicals and plastics: $88 million
  • Automotive: $77 million
Top services exports:
  • Financial and insurance: $96 million
  • Transportation and travel: $22 million
  • Business and professional: $5 million

Canada is the United States’ number one customer in the world

Canadian trade and investment support hundreds of thousands of American jobs and benefit communities throughout the United States. The deep economic relationship between the U.S. and Canada is built on shared values, close people-to-people ties, and a robust trade agreement – the U.S.-Mexico-Canada Agreement (USMCA) – which provides the foundation for a more competitive North America.

Notes:
Top goods exports:
  • Agriculture, food and animal feed: $183 million
  • Chemicals and plastics: $88 million
  • Automotive: $77 million
Top services exports:
  • Financial and insurance: $96 million
  • Transportation and travel: $22 million
  • Business and professional: $5 million