Minnesota exports top $5B, up 2 percent in Q1

Author:
Updated:
Original:

Minnesota exports were up 2 percent in the first quarter of 2014 compared to the same quarter a year ago, according to the Minnesota Department of Employment and Economic Development.That's slightly less than U.S. growth of 2.6 percent.

The exported Minnesota-made goods included manufactured, agricultural and mining products. The state’s exports topped $5 billion in the first three months of this year.

Minnesota exported more to Canada than any other nation, $523 million worth of goods.

A 49 percent increase in exports to Mexico helped boost the first-quarter numbers. Other top countries include China, Japan, Belgium and Germany.

Machinery was Minnesota’s biggest exported product. Minnesota saw a 29 percent jump in meat exports, driven by an increased demand for pork products in Japan and Mexico.

Minnesota saw a 34 percent drop in the export of computer products, while aircraft and spacecraft exports were down 33 percent.

Export growth to Israel (up 29 percent to $26 million) was largely due to calculating machine parts, while export growth to the United Arab Emirates (up 31 percent to $33 million) was largely due to specialized machinery, pumps and specialized vehicles, state officials report.

Click here (pdf) for a more detailed look at what types of products Minnesota is exporting.

Exports grew for more than half of U.S. states in the first quarter:

Next Up

Mike Lindell, My Pillow CEO.

MyPillow CEO Mike Lindell has Twitter account 'permanently suspended'

The move was taken by Twitter due to apparent violations of its Civic Integrity Policy.

coronavirus, SARS-CoV-2

Minnesota confirms America's 1st case of Brazil P.1 COVID strain

The strain was found in a Twin Cities metro resident who recently traveled to Brazil.

classroom

Gov. Walz announces education plan aimed at eliminating disparities

The plan covers seven categories, including closing the racial education gap and improving opportunities in rural Minnesota

Tax forms

Charges: Otsego cleaning business underreported sales

An Otsego woman is accused of owing more than $20,500 in sales tax, penalties and interest.

Screen Shot 2020-04-17 at 2.58.26 PM

Walz gives vaccine providers 3-day, 7-day deadlines to use doses

Those that don't use their allocation will be given less in the future.

purse

Border officers seize more than $550K in counterfeit designer goods

The shipments of fake goods were seized on Jan. 22.

Landfill plastic bags

4 Twin Cities landfills seek to expand capacity

This comes as the area's waste-to-energy facilities are operating at capacity.

Marcus Carr

3 of 10 finalists for NCAA's top point guard award have MN ties

Not a bad way to represent the State of... Basketball?

Justice, court

Minnesota grants unconditional pardon to grandmother facing deportation

Gov. Tim Walz says it's the first full pardon granted by the state in 35 years.

covid-19, vaccine

Minnesota changes vaccine appointment process, here's what to know

Walz also announced plans for a mass vaccination event at Xcel Energy Center.

covid-19, coronavirus

Here is Minnesota's COVID-19 update for Monday, Jan. 25

The latest figures from MDH have been released.

Related

Minnesota exports break record in second quarter

Despite slowing economies in Asia and Europe, Minnesota exports broke a record in the second quarter, reaching $5.4 billion. The previous record was $5.3 billion in the same quarter last year. Minnesota increased exports to Canada, the state's largest foreign buyer, by 2.8 percent to $1.6 billion.

Minnesota exports grow 12 percent from a year ago

The Minnesota Department of Employment and Economic Development says manufactured, agricultural and mining products were at record highs -- bringing in more than $5 billion. Canada, China and Japan are the state's largest export markets.