Minnesota: Trade Statistics
Exporter Rank
21 / 50
Importer Rank
21 / 50
Trade Balance Rank
30 / 50
Total Trade [1]
| Total Exports (2021) (Origin of Movement) | $43,372,032,711 |
| Total Imports (2021) | $64,092,190,684 |
| Trade Balance (2021) | -$20,720,157,973 |
Impact of Trade [2]
| Total Export-Supported Jobs Related to Manufacturing | 118,458 (2016) |
| No. of Businesses Selling Products Overseas | 6,703 (2016) |
| Percentage of Exporters Classified as Small and Medium-size Companies | 88% (2016) |
| Percentage of Exports by Small and Medium-size Companies | 26% (2016) |
Trade Partners [1]
Export Partners
Top 10 Export Countries
| Country | Export USD$ |
|---|---|
| Canada | $6,607,123,366 |
| Mexico | $2,448,766,539 |
| China | $2,406,447,026 |
| Japan | $1,308,139,873 |
| Germany | $820,389,867 |
| Philippines | $784,279,332 |
| Belgium | $627,165,528 |
| Korea, South | $582,954,734 |
| United Kingdom | $548,543,680 |
| Ireland | $547,193,509 |
Import Partners
Top 10 Import Countries
| Country | Import USD$ |
|---|---|
| Canada | $12,171,060,503 |
| China | $4,802,249,901 |
| Mexico | $2,970,019,611 |
| Holy See (Vatican City) | $2,196,743,731 |
| Switzerland | $1,303,974,750 |
| Germany | $1,170,175,683 |
| Ireland | $742,324,952 |
| Costa Rica | $633,522,677 |
| Italy | $561,814,446 |
| Tajikistan | $466,820,663 |
Traded Goods [1] (at the 2-digit HS Code level)
Top 10 Export Goods
| HS Code | Export USD$ |
|---|---|
| (84) Industrial Machinery | $7,157,248,543 |
| (90) Precision Instruments | $6,732,430,895 |
| (85) Electrical Machinery | $5,523,987,077 |
| (27) Oil & Mineral Fuels | $3,645,088,784 |
| (87) Motor Vehicles & Parts | $2,123,117,932 |
| (39) Plastics | $2,102,042,294 |
| (23) Animal Feeds | $1,175,604,053 |
| (26) Ores | $981,023,332 |
| (88) Aircraft | $914,090,292 |
| (30) Pharmaceuticals | $901,598,264 |
Top 10 Import Goods
| HS Code | Import USD$ |
|---|---|
| (27) Oil & Mineral Fuels | $14,894,075,442 |
| (85) Electrical Machinery | $7,879,016,984 |
| (84) Industrial Machinery | $7,163,001,706 |
| (90) Precision Instruments | $6,701,865,142 |
| (87) Motor Vehicles & Parts | $2,556,028,284 |
| (39) Plastics | $1,852,531,448 |
| (61) Apparel: Knit | $1,742,623,440 |
| (44) Wood | $1,659,996,178 |
| (95) Toys & Sport Equipment | $1,616,481,876 |
| (94) Furniture | $1,298,786,032 |
Sources
Minnesota