Minnesota Exports up 29% in the Second Quarter
7 Sep 2021
St. Paul - Minnesota exports of agricultural, mining and manufactured products jumped 29% over the year to $6 billion in the second quarter of 2021, according to a report released today by the Minnesota Department of Employment and Economic Development (DEED). State exports increased $1.3 billion over the second quarter of 2020, showing a strong recovery from pandemic disruptions last year. U.S. exports of goods increased 51% between the second quarters of 2020 and 2021, and all states had positive export growth during this period.
Compared to the pre-pandemic second quarter of 2019, the state’s exports were up 5%, which matched U.S. export growth of 5% for this period.
“Exports are trending in the right direction, showing the resiliency of Minnesota businesses. They’re working hard to recover from the significant hit their global sales took last year,” said DEED Commissioner Steve Grove. “We are especially encouraged by the state’s growth in exports over the same quarter in 2019, surpassing pre-pandemic levels.”