Minnesota: Trade Statistics
Exporter Rank
23 / 50
Importer Rank
20 / 50
Trade Balance Rank
35 / 50
Total Trade [1]
| Total Exports (2017) (Origin of Movement) | $20,691,899,142 |
| Total Imports (2017) | $29,679,570,586 |
| Trade Balance (2017) | -$8,987,671,444 |
Impact of Trade [2]
| Total Export-Supported Jobs Related to Manufacturing | 88,844 (2016) |
| No. of Businesses Selling Products Overseas | 8,266 (2015) |
| Percentage of Exporters Classified as Small and Medium-size Companies | 87% (2015) |
| Percentage of Exports by Small and Medium-size Companies | 29% (2015) |
Trade Partners [1]
Export Partners
Top 10 Export Countries
| Country | Export USD$ |
|---|---|
| Canada | $4,304,224,366 |
| Mexico | $2,434,004,366 |
| China | $1,987,479,739 |
| Japan | $1,357,287,108 |
| Germany | $886,429,319 |
| Korea, South | $857,200,946 |
| Belgium | $660,581,116 |
| United Kingdom | $589,813,615 |
| Singapore | $561,884,715 |
| Netherlands | $501,969,942 |
Import Partners
Top 10 Import Countries
| Country | Import USD$ |
|---|---|
| China | $11,154,270,836 |
| Canada | $9,524,808,998 |
| Mexico | $1,988,244,480 |
| Germany | $946,211,908 |
| Ireland | $669,350,160 |
| Taiwan | $660,618,972 |
| Japan | $441,399,291 |
| Italy | $413,283,620 |
| United Kingdom | $354,870,119 |
| Costa Rica | $299,180,132 |
Traded Goods [1] (at the 2-digit HS Code level)
Top 10 Export Goods
| HS Code | Export USD$ |
|---|---|
| (90) Precision Instruments | $3,803,961,337 |
| (84) Industrial Machinery | $3,256,160,146 |
| (85) Electrical Machinery | $2,782,386,228 |
| (87) Motor Vehicles & Parts | $1,392,549,789 |
| (39) Plastics | $1,356,129,829 |
| (88) Aircraft | $606,785,595 |
| (23) Animal Feeds | $531,011,658 |
| (30) Pharmaceuticals | $429,383,405 |
| (02) Meat | $372,282,146 |
| (26) Ores | $367,009,164 |
Top 10 Import Goods
| HS Code | Import USD$ |
|---|---|
| (27) Oil & Mineral Fuels | $5,859,681,434 |
| (85) Electrical Machinery | $4,079,280,455 |
| (84) Industrial Machinery | $3,024,127,526 |
| (90) Precision Instruments | $2,403,865,196 |
| (95) Toys & Sport Equipment | $2,009,084,485 |
| (94) Furniture | $1,309,146,129 |
| (87) Motor Vehicles & Parts | $1,096,245,235 |
| (39) Plastics | $884,489,808 |
| (98) Nesoi | $716,984,760 |
| (73) Iron & Steel Articles | $648,087,280 |
Sources
Minnesota