State Exports at $19 Billion in 2016, Sales down 4 percent from previous year

ST. PAUL – Minnesota businesses exported $19 billion worth of agricultural, mining and manufactured products in 2016, a 4 percent drop from the previous year, according to figures released today by the Minnesota Department of Employment and Economic Development (DEED). U.S. exports fell 3 percent in 2016. 

Asia and North America were the state’s top two regional markets, with each accounting for about $6.4 billion in sales last year. Annual sales to Asia were unchanged from the previous year, while North American sales were down 7 percent. 

Exports to Europe fell 5 percent to $4.4 billion. Africa, meanwhile, saw strong growth, with sales up 30 percent to $185 million. 

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