South Dakota and Canada’s two-way trade for 2007 totaled more than $1 billion, increasing 14% from the previous year. Overall, the state sent $553 million in goods to its northern neighbor, and imported $472 million worth. South Dakota sent more of its products to Canada than to any other trading partner.
The Mount Rushmore State’s top exports to Canada were agricultural products. Not surprisingly for a state where agriculture is the cornerstone of the economy, exports of meat to Canada ranked as number one ($127 million out of $173 million in total agricultural exports). Likewise, agriculture was the top import sector from Canada. In 2007, South Dakota imported $134 million in agricultural products; of this, live animals totaled $126 million.
Machinery products were essential in the partners’ trading relationship, making up the second largest export sector for South Dakota at $86 million. Front end loaders, and mining, oil and gas machinery topped the list of these products. Canada sent $64 million worth south in the form of metalworking machinery, mining machinery and other agriculture machinery and equipment.
Feeding its agricultural roots, South Dakota imported $100 million in chemicals from Canada. Fertilizers accounted for $72 million, and synthetic rubber and plastics totaled $14 million.
Canada remained a strong export market for South Dakota’s telecommunications industry. In 2007, $59 million in telecom products was sent across the international border (computer exports were $33 million of this trade).
Tourist sites like Mount Rushmore, Deadwood, and the Black Hills helped bring Canadians to South Dakota. In 2007, Canadians made 151,500 visits to the state, spending $33 million.
Canada Pacific acquired the Dakota, Minnesota & Eastern Railroad Corp in September 2007. The DM&E is headquartered in Sioux Falls, SD and has approximately 1,000 employees, 2,500 miles of track, and rolling stock that includes 7,200 rail cars and 150 locomotives. It serves the eight states of Illinois, Iowa, Minnesota, Missouri, Nebraska, South Dakota, Wisconsin and Wyoming, with access to Chicago, Minneapolis/St. Paul, and Kansas City as well as to key ports. Canada Pacific owns or jointly operates more than 13,000 miles of track in Canada and the U.S.
State Legislators from South Dakota participate in an annual international Legislators Forum in the Upper Midwest. The participants—state and provincial elected officials from Manitoba, Minnesota, North Dakota and South Dakota — exchange information and discuss issues of regional importance. These leaders understand that many public policy questions do not respect jurisdictional boundaries and that working together, across boundaries, brings greater success to pressing regional challenges.
June 2008
