Minnesota: Trade Statistics
Exporter Rank
21 / 50
Importer Rank
20 / 50
Trade Balance Rank
33 / 50
Total Trade [1]
| Total Exports (2019) (Origin of Movement) | $22,188,183,666 |
| Total Imports (2019) | $29,897,949,443 |
| Trade Balance (2019) | -$7,709,765,777 |
Impact of Trade [2]
| Total Export-Supported Jobs Related to Manufacturing | 118,458 (2016) |
| No. of Businesses Selling Products Overseas | 6,703 (2016) |
| Percentage of Exporters Classified as Small and Medium-size Companies | 88% (2016) |
| Percentage of Exports by Small and Medium-size Companies | 26% (2016) |
Trade Partners [1]
Export Partners
Top 10 Export Countries
| Country | Export USD$ |
|---|---|
| Canada | $4,748,207,140 |
| Mexico | $2,428,407,885 |
| China | $2,124,750,714 |
| Japan | $1,521,413,100 |
| Germany | $1,125,832,492 |
| Korea, South | $1,007,459,711 |
| Belgium | $608,545,767 |
| Singapore | $604,680,713 |
| United Kingdom | $555,560,198 |
| Australia | $529,754,388 |
Import Partners
Top 10 Import Countries
| Country | Import USD$ |
|---|---|
| Canada | $9,289,625,762 |
| China | $8,834,837,886 |
| Mexico | $2,363,566,151 |
| Germany | $1,050,140,903 |
| Ireland | $1,012,538,318 |
| Taiwan | $750,166,138 |
| Vietnam | $583,580,739 |
| Italy | $452,248,350 |
| India | $445,032,934 |
| United Kingdom | $439,291,689 |
Traded Goods [1] (at the 2-digit HS Code level)
Top 10 Export Goods
| HS Code | Export USD$ |
|---|---|
| (90) Precision Instruments | $4,605,044,559 |
| (84) Industrial Machinery | $3,425,197,177 |
| (85) Electrical Machinery | $2,871,879,494 |
| (39) Plastics | $1,417,325,458 |
| (87) Motor Vehicles & Parts | $1,341,641,782 |
| (30) Pharmaceuticals | $656,912,249 |
| (23) Animal Feeds | $633,284,140 |
| (26) Ores | $576,707,251 |
| (88) Aircraft | $473,868,803 |
| (02) Meat | $363,821,311 |
Top 10 Import Goods
| HS Code | Import USD$ |
|---|---|
| (27) Oil & Mineral Fuels | $5,809,136,791 |
| (85) Electrical Machinery | $3,877,026,111 |
| (84) Industrial Machinery | $3,347,927,505 |
| (90) Precision Instruments | $3,134,554,351 |
| (95) Toys & Sport Equipment | $1,385,875,725 |
| (87) Motor Vehicles & Parts | $1,093,585,663 |
| (94) Furniture | $1,065,403,512 |
| (39) Plastics | $952,960,698 |
| (98) Nesoi | $644,907,575 |
| (31) Fertilizers | $603,162,725 |
Sources
Minnesota