Minnesota’s exports of manufactured, agricultural and mining products to other nations hit a new record in the third quarter of 2014, reaching $5.5 billion.
The state Department of Employment and Economic Development said the quarter’s exports were up 5.8 percent from same quarter last year.
More goods exported means more jobs in the state and improved corporate profits, officials said.
Canada and Mexico are the state’s biggest export markets, with China and Japan next.
The top ten export markets for the quarter were:
- Canada, $1.55 billion, up 5 percent
- Mexico, $640 million, up 57 percent
- China, $555 million, down 6 percent
- Japan, $306 million, up 14 percent
- Belgium, $184 million, up 6 percent
- South Korea, $171 million, up 9 percent
- Germany, $168 million, down 2 percent
- The Philippines, $157 million, down 1 percent
- Singapore, $144 million, up 10 percent
- The United Kingdom, $127 million, up 3 percent
A big increase came in the Australia-Pacific region, where exports were up 19 percent to $145 million, largely due to an increase in New Zealand, up 172 percent to $36 million. That’s mostly due to aircraft parts.