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Page 1: Minnesota Exports, Jobs, & Foreign · PDF fileDepartment of Commerce | International Trade Administration Minnesota Exports, Jobs, & Foreign Investment Exports Support Jobs • Nationally,

Department of Commerce | International Trade Administration

Minnesota Exports, Jobs, & Foreign Investment

Exports Support Jobs• Nationally, U.S. jobs

supported by exports reached an estimated 10.7 million in 2016, up 1.2 million from 2006.

118,458U.S. jobs supported

by goods exports from Minnesota in

2016

Jobs Supported by Total U.S. ExportsTotaled 10.7 Million Jobs in 2016, Nationwide

Minnesota Depends on World Markets• Exports from Minnesota

helped contribute tothe $2.33 trillion ofU.S. goods and servicesexports in 2017.

Minnesota goods exports in 2017$20.6 billion

4,275

2,4351,990

1,344887

Canada Mexico China Japan Germany

3,650

3,276

2,080

2,066

1,687

Computer & ElectronicProducts

Machinery

MiscellaneousManufactures

Transportation Equipment

Processed Foods

Minnesota’s Top 5 Export Markets(Millions of U.S. Dollars)

Minnesota’s Top 5 Export Categories(Millions of U.S. Dollars)

Exports Sustain Thousands of Minnesota Businesses• A total of 8,266

companies exportedfrom Minnesotalocations in 2015.

7,191SMEs account for 87% of

Minnesota goods exporters

Number of small and medium-sized (SME)goods exporters in Minnesota in 2015

...and 29% of known Minnesota goods export value

75% of these jobs weresupported by manufactured

goods exports

6.34.4

Goods

Services

SME Exporters

Exports from SMEs

Updated February 2018

Page 2: Minnesota Exports, Jobs, & Foreign · PDF fileDepartment of Commerce | International Trade Administration Minnesota Exports, Jobs, & Foreign Investment Exports Support Jobs • Nationally,

Department of Commerce | International Trade AdministrationUpdated February 2018

Minnesota Exports, Jobs, & Foreign Investment

Minnesota’s Metropolitan Exports• Minneapolis-St. Paul-

Bloomington is the19th largest metroarea reporting exportsnationwide.

Prepared by the Office of Trade and Economic Analysis, International Trade Administration, U.S. Department of Commerce.

For more resources please see www.trade.gov/mas/ian. Sources include resources from the U.S. Department of Commerce’s International Trade Administration, Bureau of the Census, and Bureau of Economic Analysis.

Free Trade Agreements• The U.S. currently has 14

free trade agreements in force with 20 countries.

• Minnesota’s exports toU.S. FTA partners totaled$9.3 billion in 2017.

Since 2007, exports from Minnesota to FTA markets

have grown by 23%In 2017, exports to FTA markets accounted for 45% of Minnesota

exports946

287

222

211

63

NAFTA

Korea

Singapore

CAFTA-DR

Australia

Top Dollar Growth, 2007-17(Millions of U.S. Dollars)

Metro Area 2016 GoodsExport Value

Share ofState Exports

Minneapolis-St. Paul-BloomingtonDuluth

La Crosse-OnalaskaFargo

RochesterSt. Cloud

Mankato-North Mankato

$18.3 billion$673 million$554 million$474 million$398 million$266 million$210 million

****

1.60%1.10%0.80%

*Share of state exports unavailable for MSAs that cross state lines

Grand Forks $153 million *

Foreign Investment & Jobs in Minnesota• In 2015, foreign-owned

companies employed 111,700 Minnesota workers

4.5%Share of Minnesota private-

industry employment at foreign-owned firms

22,800

18,300

10,800

8,300

7,400

Canada

United Kingdom

Germany

Japan

France

Minnesota Employment in Foreign-Owned Companies

Number of Employees by Country of UBO

Current FTA Partners