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