Minnesota: Trade Statistics
Exporter Rank
23 / 50
Importer Rank
20 / 50
Trade Balance Rank
34 / 50
Total Trade [1]
| Total Exports (2016) (Origin of Movement) | $19,209,667,344 |
| Total Imports (2016) | $27,018,284,431 |
| Trade Balance (2016) | -$7,808,617,087 |
Impact of Trade [2]
| Total Export-Supported Jobs Related to Manufacturing | 94,104 (2016) |
| No. of Businesses Selling Products Overseas | 8,628 (2016) |
| Percentage of Exporters Classified as Small and Medium-size Companies | 87% (2016) |
| Percentage of Exports by Small and Medium-size Companies | 27% (2016) |
Trade Partners [1]
Export Partners
Top 10 Export Countries
| Country | Export USD$ |
|---|---|
| Canada | $4,047,981,856 |
| Mexico | $2,339,609,592 |
| China | $1,835,153,277 |
| Japan | $1,019,972,403 |
| Korea, South | $822,041,687 |
| Germany | $764,927,322 |
| Belgium | $732,651,272 |
| Singapore | $572,987,736 |
| United Kingdom | $567,454,977 |
| Taiwan | $458,672,761 |
Import Partners
Top 10 Import Countries
| Country | Import USD$ |
|---|---|
| China | $10,288,610,427 |
| Canada | $7,489,744,788 |
| Mexico | $2,032,103,094 |
| Germany | $1,011,048,857 |
| Ireland | $912,027,791 |
| Taiwan | $635,358,169 |
| Japan | $410,129,177 |
| United Kingdom | $373,708,060 |
| Italy | $373,651,773 |
| Malaysia | $325,958,520 |
Traded Goods [1] (at the 2-digit HS Code level)
Top 10 Export Goods
| HS Code | Export USD$ |
|---|---|
| (90) Precision Instruments | $3,532,327,220 |
| (84) Industrial Machinery | $3,114,265,399 |
| (85) Electrical Machinery | $2,511,868,175 |
| (87) Motor Vehicles & Parts | $1,492,807,991 |
| (39) Plastics | $1,132,453,390 |
| (23) Animal Feeds | $574,927,496 |
| (88) Aircraft | $507,313,988 |
| (30) Pharmaceuticals | $339,500,866 |
| (02) Meat | $330,441,921 |
| (10) Cereals | $312,010,145 |
Top 10 Import Goods
| HS Code | Import USD$ |
|---|---|
| (27) Oil & Mineral Fuels | $3,767,612,182 |
| (85) Electrical Machinery | $3,614,528,989 |
| (84) Industrial Machinery | $2,864,948,082 |
| (90) Precision Instruments | $2,747,608,070 |
| (95) Toys & Sport Equipment | $1,771,273,445 |
| (94) Furniture | $1,272,041,074 |
| (87) Motor Vehicles & Parts | $1,132,203,748 |
| (98) Nesoi | $869,921,592 |
| (39) Plastics | $855,402,908 |
| (64) Footwear | $611,843,436 |
Sources
Minnesota