ND exports up 24 percent in first half of year
North Dakota exports the first half of 2012 were up 24 percent over the year, and the oil boom played a role.
BISMARCK, N.D. (AP) — North Dakota exports the first half of 2012 were up 24 percent over the year, and the oil boom played a role.
The U.S. Commercial Service says oil exports jumped 47 percent from 2011, to $438 million. The agency notes that most of North Dakota's crude exports return to the U.S. via a pipeline that briefly enters Canada.
There also were big increases in the export of North Dakota farm and construction equipment the first six months of the year. Wheat exports were down 21 percent to $96 million. Agriculture Department statistics show that wheat production in the state last year was down 43 percent from 2010, largely due to flooding.
Total U.S. exports the first half of the year were up 7 percent from 2011.
Tags: news, updates, exports, business
More from around the web
RSS Feeds