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Minnesota companies set a record for exports

According to figures released by the Minnesota Department of Employment and Economic Development (DEED), the state's companies set a fourth-quarter export record. In that time period, $5.1 billion worth of manufactured, agricultural, and mining products were shipped out of state.
 
DEED Commissioner Mark Phillips noted that strong markets in Asia and North America are driving the growth, and the Minnesota Trade Office is seeing increased interest from state companies in exporting strategies.
 
The largest export market was Canada, which bought nearly $1.5 billion worth of products during the quarter. Other major customers included China, Mexico, Japan, South Korea, Germany, and Singapore.
 
In terms of products, machinery was the top export, followed by optical and medical products, vehicles, plastic, meat, food waste, and aircraft.
 
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