DEED: Exports up from 16% from 2021
Published: Mar. 8, 2023 at 11:24 AM CST
ST. PAUL, Minn. (KEYC) - Minnesota’s exports reach a record-high level according to a new report.
The Minnesota Department of Employment and Economic Development (DEED) says the state had $27 billion-worth of exports in 2022 -- a 16% increase from the previous year.
North American exports drove the growth in 2022 with a 30% increase from 2021.
DEED says mineral fuel and oil, electrical equipment and cereal products contributed the most to Minnesota’s gains in 2022.
Copyright 2023 KEYC. All rights reserved.