Record 3rd Quarter for Minnesota Exports

Posted at: 12/07/2012 9:49 AM


ST. PAUL, Minn. (AP) - It's a record third-quarter for Minnesota exports, which rose to $5 billion.

Exports of Minnesota products rose 1 percent in the quarter, despite concerns over a weak global economy.

Minnesota Trade Office acting executive director Ed Dieter tells the St. Paul Pioneer Press (http://bit.ly/VBDYnz ) the strong showing bodes well for the state's manufacturers who were able to forge ahead in "significant headwinds."

Minnesota's top export is machinery, which generated $950 million in sales during the quarter. Medical instrument exports grew 17 percent to $813 million in sales.

China and Europe were top importers of Minnesota goods. Trade figures show sales to China totaled $632 million and were up 16 percent compared to the same quarter last year.


Information from: St. Paul Pioneer Press, http://www.twincities.com

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