Another first for North Dakota,
Bakken.com is reporting:
North Dakota has broken its export record for the year of 2014,
according to the U.S. Department of Commerce. Last year the state
exported $5.3 billion worth of commodities, a 42 percent increase from
2013.
Last year overall U.S. exports increased by a mere 3 percent. With
North Dakota’s 42 percent increase, the state had the second highest
annual export growth among all 50 states in 2014. Not surprising is the
value of mineral fuels and oil product exportation exceeded the value of
other exported goods. The majority of it was shipped to Canada via
pipelines.
Mineral fuels and oil products netted $2.7 billion, more than double
the 2013 amount. Next on the list was front end loaders, which saw an 8
percent increase from 2013 at $296 million. Wheat exports also increased
by $141 million, or 28 percent, while soybean exports grew by $109
million, a 123 percent increase from the previous year.
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