Minnesota Exports at Record $5.9 Billion in Second Quarter
Friday, October 05, 2018
Exports grew 15 percent between the second quarters of 2017 and 2018
ST. PAUL – Sales of Minnesota agricultural, mining and manufactured exports grew 15 percent to a second quarter record of $5.9 billion, according to figures released today by the Minnesota Department of Employment and Economic Development (DEED).
Minnesota represents the 11th largest gain in exports nationwide for this period. U.S. exports as a whole were up 11 percent, with 43 states reporting increased export sales.
It is unknown whether countermeasures on U.S. exports had any impact on these statistics. Countermeasures were implemented in June and July by Canada, Mexico, China, and the European Union as a response to U.S. tariffs on select products from those regions.
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