2010 Minnesota Exports Report

8/6/2019 2010 Minnesota Exports Report

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Minnesota Exports Jump to $17.2 Billion in 2010

Minnesotas manufactured exports jumped to $17.2billion in 2010.

The states exports increased $2.5 billion (or17.3 percent) between 2009 and 2010,recovering strongly after the economicdownturn.

The strong growth in all four quarters of 2010points to a solid turnaround for exports and abright outlook for 2011.

Minnesota ranked 20th in export value among allstates, unchanged from 2009.

U.S. exports increased 19.8 percent. The twolargest state exporters, Texas and California,had the largest gains in value among all states.

Most of Minnesotas manufacturing industriesincreased exports between 2009 and 2010, with theexception of miscellaneous industries and textile

mill products. The leading exporting industries were

computers and electronics ($4 billion, up 18percent), machinery ($3 billion, up 23 percent)and transportation equipment ($2.1 billion, up29 percent).

Exports increased to most of the states 20 largestcountry markets in 2010.

Minnesotas top five export markets wereCanada ($4.6 billion), China ($1.8 billion),Japan ($930 million), Mexico ($836 million)

and Germany ($727 million). Twelve of the top 20 countries experienced high

growth rates of 20 percent or more between2009 and 2010.

Figure 1. Minnesota Manufactured Exports,2000-2010

$0

$5

$10

$15

$20

2000 2002 2004 2006 2008 2010

Billion

s

More than 8,100 businesses throughout Minnesotaexported goods and services in 2008, according tothe U.S. Department of Commerce. These exportershave an important impact on our economy and their

international success can be a source of new jobs inthe state.

Manufactured exports are critical to the stateeconomy.

They are responsible for an estimated 145,800jobs in Minnesota, ranking 16th largest amongall states, according to the International TradeAdministration of the U.S. Department ofCommerce (2008 estimate).

Exporting of manufactured goods supported64,800 export-related jobs in manufacturing, up10 percent since 2005.

Another 81,000 export-related jobs are found inother industries such as marketing and sales,transportation, and logistics fields key sectorsin delivering products to export markets.

The following sections provide more details onexports by industry, country markets and products.

Export Data on Manufacturing Industries for 2010. Published May 2011For More Information: Monte Hanson (651-259-7149), Communications Office.


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Annual Export Statistics: Minnesota Exports Jump to $17.2 Billion in 2010

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Regional Export Markets

Overview:

Minnesotas three main regional markets in2010 were Asia, North America and the

European Union. Minnesota exporters sell a relatively greater

share of goods to the European Union and Asiabut a relatively smaller share to Central andSouth America than do U.S. exporters.

Figure 2. Minnesota Manufactured Exports,by Regional Market, 2010

North

America

32%

Asia

33%

Africa

1%

Europe, not

EU

2%

Australia &

Oceania

3% Central &

South

America

5%

Middle

East

2%

EU-27

23%

Asia: Minnesota exports were valued at $5.7 billion

and accounted for 33 percent of state exports.

The states exports to Asia were up 36 percentbetween 2009 and 2010, exceeding U.S. growth

of 28 percent. Major markets: China, Japan, Korea, Singapore. Largest gains: China (up $565 million to $1.8

billion), Japan (up $191 million to $930million), Thailand (up $179 million to $361million).

North America: Minnesotas second largest regional market was

valued at $5.5 billion in exports and accountedfor 32 percent of state exports.

The states exports to North America were up

22 percent between 2009 and 2010, slightly lessthan the U.S. growth of 23 percent.

Largest gains: Canada (up $803 million to $4.6billion), Mexico (up $174 million to $836million).

European Union (EU):

Minnesota exports were valued at $3.9 billionand accounted for 23 percent of state exports.

The states exports to the EU were down 3percent between 2009 and 2010, which waslargely due to weak exports to Ireland. U.S.export growth to the EU was 6 percent.

Major markets: Germany, United Kingdom,Belgium, the Netherlands.

Largest gains: Germany (up $76 million to $727million), France (up $55 million to $314million), the Netherlands (up $54 million to$445 million).

Largest declines: Ireland (down $465 million to$431 million), United Kingdom (down $21

million to $564 million).

Central and South America:

Minnesota exports were valued at $774 millionand accounted for 5 percent of state exports.

The states exports to this region were up 12percent between 2009 and 2010, less than theU.S. increase of 27 percent.

Major markets: Brazil ($283 million, up 21percent), Chile ($80 million, up 12 percent),Argentina ($68 million, up 35 percent).

Table 1. Minnesota Exports, by MajorRegions, 2010

RegionExports

(Millions)

ExportGrowth,

2009-2010Asia $ 5,742 36.2%

North America 5,478 21.7%

EU 3,877 -3.0%

Central, South America 774 12.1%

Australia, Pacific 491 5.8%

Other Europe (not EU) 339 18.2%

Middle East 322 -5.7%

Africa 148 3.1%

Total $ 17,171 17.3%


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Top Markets by Country

Minnesota increased exports to seventeen of thestates top 20 markets between 2009 and 2010.

Most notable drop in rank between 2009 and2010: Ireland (down from third to 13 th). Most notable gains in rank: Thailand (up from

19th to 15th), Singapore, the Philippines, Taiwanand South Korea all gained three spots in rank.

Minnesota accounts for relatively large sharesof U.S. exports to Ireland (6.3 percent), thePhilippines (7.1 percent), Thailand (4.7 percent)and Finland (4.6 percent), exceeding the statesoverall share of U.S. exports (1.6 percent).

Figure 3. Minnesotas Top 10 Markets forManufactured Exports, 2010

Other

32%

Canada27%

Philippines

3%Singapore

3%

Mexico

5%

U.K.

3%

Germany

4%S. Korea

4%

Japan

5%

China

11%

Belgium

3%

Table 2. Minnesotas Top 25 Manufactured Export Markets, 2010

Rank2009

Rank2010 Country

Exports,2010(millions)

Distri-bution2010

ValueChange,2009-2010

MN PercentChange,2009-2010

US PercentChange,2009-2010

MN as aPercent ofthe U.S.

1 1 Canada $ 4,641 27% $ 803 21% 21% 2.1%

2 2 China 1,826 11% 565 45% 29% 2.1%

4 3 Japan 930 5% 191 26% 18% 1.9%

5 4 Mexico 836 5% 174 26% 26% 0.6%

6 5 Germany 727 4% 76 12% 9% 1.7%

9 6 South Korea 605 4% 101 20% 37% 1.9%

7 7 United Kingdom 564 3% (21) -4% 4% 1.3%

8 8 Belgium 560 3% 23 4% 17% 2.4%

12 9 Singapore 494 3% 108 28% 29% 1.8%13 10 Philippines 461 3% 134 41% 27% 7.1%

11 11 Netherlands 445 3% 54 14% 7% 1.4%

15 12 Taiwan 444 3% 165 59% 44% 2.1%

3 13 Ireland 431 3% (465) -52% -4% 6.3%

10 14 Australia 421 2% (2) 0% 10% 2.1%

19 15 Thailand 361 2% 179 98% 30% 4.7%

16 16 France 314 2% 55 21% 1% 1.3%

14 17 Malaysia 291 2% 6 2% 34% 2.3%

17 18 Brazil 283 2% 50 21% 34% 0.9%

18 19 Italy 225 1% 32 16% 12% 1.9%

20 20 India 201 1% 55 37% 18% 1.2%21 21 Switzerland 150 1% 30 25% 12% 1.2%

22 22 Sweden 128 1% 28 29% 0% 3.1%

25 23 United Arab Emirates 88 1% 3 4% -6% 0.8%

27 24 Denmark 84 0% 12 17% 3% 4.4%

23 25 Saudi Arabia 82 0% (16) -17% 6% 0.8%

Other 1,578 9% 189 14% 19% 0.8%

Total $ 17,171 100% $ 2,529 17% 20% 1.6%


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Canada (Rank: 1):

Export value, 2010: $4.6 billion. State trend, 2009-2010: up 21 percent. U.S. trend, 2009-2010: up 21 percent. Top three industries: transportation equipment

($1.2 billion), machinery ($641 million),computers, electronics ($496 million).

Largest gains: transportation (up $280 million),chemicals (up $145 million to $323 million).

Largest declines: food (down $16 million to$453 million), paper (down $5 million to $145million).

China (including Hong Kong) (2):

Export value, 2010: $1.8 billion. State trend, 2009-2010: up 45 percent. U.S. trend, 2009-2010: up 29 percent.

Top three industries: machinery ($506 million),computers, electronics ($442 million), paper($162 million).

Largest gains: machinery (up $221 million),computer and electronics (up $119 million).

Largest declines: fabricated metal (down $12million to $46 million).

Figure 4. Minnesotas ManufacturedExports to China (incl. Hong Kong), 2010

Machinery

28%

Food

8%

Misc. (incl.

Medical)

8%

Computer,

Electronics

24%

Paper

9%

Other

17%

Chemicals

6%

Japan (3):

Export value, 2010: $930 million. State trend, 2009-2010: up 26 percent. U.S. trend, 2009-2010: up 18 percent. Top three industries: computers, electronics

($247 million), miscellaneous goods ($161million), machinery ($121 million).

Largest gains: computers, electronics (up $82million), chemicals (up $25 million to $91million), transportation (up $24 million to $33million).

Largest declines: miscellaneous (down $3million)

Figure 5. Minnesotas Manufactured Exportsto Japan, 2010

Chemicals

10%

Other

24%

Misc. (incl.Medical)

17%

Machinery

13%

Food

10%

Computer,

Electronics

26%

Mexico (4):

Export value, 2010: $836 million. State trend, 2009-2010: up 26 percent. U.S. trend, 2009-2010: up 26 percent. Top three industries: food ($214 million),

computers, electronics ($104 million), machinery($101 million).

Largest gains: plastics (up $32 million to $72million), food (up $31 million), paper (up $26million to $62 million).

Largest decline: miscellaneous (down $2 millionto $20 million).

Germany (5):

Export value, 2010: $727 million. State trend, 2009-2010: up 12 percent. U.S. trend, 2009-2010: up 9 percent.

Top three industries: computers, electronics ($302million), miscellaneous goods ($109 million),machinery ($101 million).

Largest gains: machinery (up $33 million),miscellaneous (up $25 million)

Largest declines: computers, electronics (down$30 million).

Korea (6):

Export value, 2010: $605 million. State trend, 2009-2010: up 20 percent. U.S. trend, 2009-2010: up 37 percent. Top three industries: machinery ($129 million),

computers, electronics ($94 million), food ($87million),

Largest gains: computers, electronics (up $28million), miscellaneous (up $23 million to $59million), textiles and fabrics (up $23 million to$32 million).

Largest declines: nonmetallic minerals (down $10million to $16 million), electrical equipment(down $9 million to $10 million).


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Of U.S. exports to Korea, Minnesota accountsfor 12 percent of plastics products, 9 percent ofpaper products, and 32 percent of textiles andfabrics.

Figure 6. Minnesotas Manufactured

Exports to Korea, 2010

Machinery

18%Other

34%

Paper

6%

Computer,

Electronics

13%

Food

12%

Chemicals

9%

Misc. (incl.

Medical)

8%

The United Kingdom (7):

Export value, 2010: $564 million. State trend, 2009-2010: down 4 percent. U.S. trend, 2009-2010: up 4 percent. Top three industries: computers, electronics

($170 million), chemicals ($96 million),miscellaneous ($63 million).

Largest gains: electrical equipment (up $13million to $42 million), miscellaneous (up $10million).

Largest declines: fabricated metals (down $34

million to $17 million), chemicals (down $20million)

Belgium (8):

Export value, 2010: $560 million. State trend, 2009-2010: up 4 percent. U.S. trend, 2009-2010: up 17 percent. Top three industries: miscellaneous goods

($223 million), machinery ($218 million),computers, electronics ($53 million).

Largest gain: miscellaneous (up $23 million),chemicals (up $6 million to $29 million).

Largest declines: machinery (down $10million), transportation (down $5 million to $17million).

Among all states, Minnesota was the topexporter of dispersing machinery, such as sprayguns, (HS 8424) to Belgium ($102 million) andaccounted for 86 percent of U.S. exports of thisproduct to Belgium.

Figure 7. Minnesotas Manufactured Exportsto Belgium, 2010

Misc. (incl.

Medical)40%

Machinery

39%

Chemicals

5%

Other

7%

Computer,

Electronics

9%

Singapore (9): Export value, 2010: $494 million. State trend, 2009-2010: up 28 percent. U.S. trend, 2009-2010: up 29 percent. Top three industries: machinery ($131 million),

computers, electronics ($103 million),transportation ($57 million).

Largest gains: machinery (up $31 million),chemicals (up $15 million to $42 million)

Largest declines: primary metals (down $2 millionto $9 million).

Minnesota exported $8.2 million in multiple-walled insulating units of glass (HS 7008) toSingapore, accounting for 99 percent of U.S.exports of this product to this country. Minnesotaexported $57 million of this product worldwide.

Philippines (10):

Export value, 2010: $461 million. State trend, 2009-2010: up 41 percent. U.S. trend, 2009-2010: up 27 percent. Top three industries: computers, electronics

($392 million), food ($33 million), plastics ($9million).

Largest gains: computers, electronics (up $131million). Computers and electronics account for85 percent of state exports to the Philippines.

Largest declines: food (down $3 million). Minnesota is the second-largest exporter of

electronic integrated circuits ($350 million; HS8542) and the largest state exporter of printedcircuits ($29 million; HS 8534) among all states tothe Philippines.

Among U.S. markets for manufactured goods, thePhilippines is less prominent and is ranked 30th.


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6

Other Notable Markets:

Ireland (13) dropped from Minnesotas thirdlargest market in 2009 primarily due to thecontinued decline in sales of medical-relatedproducts. Exports to Ireland are strongly relatedto intra-company exports; it appears that

demand has fallen for particular productsegments that Minnesota medical companiesspecialize in producing.

Thailand (15) rose from 19th largest in 2009.Exports increased by 98 percent to $361million, primarily driven by growth incomputers and electronics. At $148 million,Minnesota is the top exporter among all statesto Thailand of computer/office machine parts(HS 8473) and accounts for one-third of U.S.exports of this product to Thailand.

Brazil (18) State exports to Brazil increased 21percent to $283 million in 2010. Major exportareas were computers and electronics, machinery,and transportation equipment. In contrast to itsranking among Minnesota markets, Brazil is thenations seventh largest manufactured export

market. U.S. export growth to Brazil was 34percent between 2009 and 2010.

Figure 8. Minnesotas Manufactured Exportsto Brazil, 2010

Computers,

Electronics

27%

Machinery

26%

Other

18%

Misc. incl.

Medical

9%

Electrical

Equip.

6%

Transp.

Equip.

14%

Export Logistics

Exports are shipped via multiple transport modes.Exports leave the country by air, ship or other modes,which includes road, rail and pipeline.

Figure 9. Exports by Mode of Transport

Air

45%

Ship

21%

Other

34%

Air shipments were valued at $7.6 billion. The mainindustries shipped by air together accounting for 78

percent of air shipments were computers andelectronics ($3.5 billion), miscellaneous goods ($1.4billion) and machinery ($1.1 million).

Shipments sent via other (land-based) modes werevalued at $5.9 billion. Transportation equipment($1.5 billion), machinery ($929 million) and foodproducts ($728 million) accounted for 53 percent ofthese shipments.

Ships carried $3.6 billion of goods overseas. Thethree largest industries exported by ship machinery($973 million), food ($596 million) and paperproducts ($356 million) also accounted for 53

percent of exports by ship.

Table 3. Export Value, by Industry and Modeof Transport, 2010*

IndustryValue

(millions) Air Ship OtherComputer, Electro. $ 4,001 87% 3% 10%

Machinery 3,001 37% 32% 31%

Transportation 2,129 20% 12% 68%

Miscellaneous 1,673 81% 11% 8%

Food 1,330 0% 45% 55%

Chemicals 1,086 32% 30% 38%

Paper 707 17% 50% 32%

Electrical Equip. 705 41% 22% 37%

Fabricated Metals 586 26% 20% 54%Plastics, Rubber 511 33% 31% 36%

Other 1,443 15% 24% 61%

Total $ 17,171 45% 21% 34%*Percentages show the share of each industrys exports that are sent bythat mode of transport. Data show the mode of transport from theUnited States to the foreign destination, which may not be the same asthe mode of transport from Minnesota. Numbers may not add to totaldue to rounding errors.


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Fastest-Growing Country Markets

Minnesotas 10 fastest-growing country markets bygrowth rate (among those with at least $50 million in

exports) included five in Asia and four in Europe.

Asia:

Thailand (15): Growth was driven bycomputers and electronics, which accounted for60 percent exports and increased 131 percent to$215 million.

Taiwan (12): Growth was driven by machinery(up 81 percent to $148 million), as well astransportation, chemicals and paper. Minnesotaaccounts for 11 percent of U.S. exports of paperto Taiwan.

Europe: Russia (32): Machinery (up 127 percent to $19

million) and food (up 205 percent to $15 million)accounted for 52 percent of the states exports toRussia and fueled the strong growth.

Hungary (35): Growth was driven by computersand electronics (up 71 percent to $29 million)and fabricated metals (up 563 percent to $11million), which accounted for 75 percent of thestates exports to Hungary.

Finland (27): Transportation equipment (up 100

percent to $57 million), contributed most of thegains. Growth segments included smallpassenger vehicles, including snowmobiles.

Poland (38): Exports of computers andelectronics increased $9 million, or 237 percent,to $13 million, and contributed the most to thecountrys overall export growth trend.

New Zealand (31): New Zealand had the third-largest gainamong all countries, and moved up from 39th in2009. Growth was driven by transportation

equipment (up from $2.7 million to $29 million),which accounted for 43 percent of exports. Theseproducts mainly consisted of civilian aircraft parts.

In addition to being among countries with the largestexport growth rates, Thailand, Taiwan, China and the

Philippines were also among nine countries to whichMinnesota increased exports by more than $100million between 2009 and 2010. The five othercountries were: Canada, Japan, Mexico, Singaporeand South Korea. All of these nine countries were inNorth America or Asia.

Table 4. Minnesotas 10 Fastest-GrowingCountry Markets, by Growth Rate: 2009-2010*

Rank2010 Country

Exports,2010

(millions)

MNValue

ChangeMN Pct.Growth

U.S. Pct.Growth

15 Thailand $ 361 $ 179 98% 30%

32 Russia 67 33 97% 11%

31 New Zealand 68 29 75% 34%

35 Hungary 53 21 69% 6%

27 Finland 80 30 59% 26%

12 Taiwan 444 165 59% 44%

2 China 1,826 565 45% 29%

10 Philippines 461 134 41% 27%

20 India 201 55 37% 18%

38 Poland 51 14 37% 20%

*Among markets with at least $50 million in exports (up to rank of 39).


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Top Markets by Industry

Most Minnesota industries increased exports between2009 and 2010.

The exceptions were exports of miscellaneousgoods which fell 14 percent to $1.7 billion andtextile products which fell 10 percent to $43million.

Minnesota was among the top 15 states in four of itsfive major exporting manufacturing industries:

computers and electronics (ninth), machinery (15th), miscellaneous products (10th) and food (12th)

Figure 10. Minnesotas ManufacturedExports, by Industry, 2010

Machinery

17%

Computers,Electronics

24%

Misc. (incl.

Medical)

10%

Food

8%

Other

23%

Chemicals

6%

Transpor-

tation

12%

Note: Exports from the industries shown in the pie chart wereindividually valued at more than $1 billion in 2010.

Table 5. Minnesotas Manufactured Exports, by Industry, 2010

NAICS Code and IndustryDescription

Exports,2010

(millions)Distribution,

2010

ValueChange,

2009-2010(millions)

MN PercentChange,

2009-2010

U.S. PercentChange, 2009-

2010

MN as aPercent ofthe U.S.

334 Computers, Electronics $ 4,001 23.3% $ 607 18% 18% 2.1%

333 Machinery 3,001 17.5% 556 23% 21% 2.2%

336 Transportation Equipment 2,129 12.4% 473 29% 15% 1.1%

339 Miscellaneous (incl. Medical) 1,673 9.7% (262) -14% 16% 2.7%

311 Food 1,330 7.7% 96 8% 16% 2.6%

325 Chemicals 1,086 6.3% 273 34% 18% 0.6%

322 Paper 707 4.1% 124 21% 20% 3.0%

335 Electrical Equipment 705 4.1% 70 11% 19% 1.9%

332 Fabricated Metals 586 3.4% 53 10% 18% 1.6%

326 Plastics, Rubber 511 3.0% 94 22% 20% 2.0%

327 Nonmetallic Minerals 303 1.8% 75 33% 23% 3.1%

331 Primary Metals 278 1.6% 128 86% 31% 0.5%

312 Beverages, Tobacco 177 1.0% 80 82% 24% 3.1%

324 Petroleum, Coal Products 156 0.9% 67 75% 47% 0.3%

316 Leather Products 143 0.8% 40 39% 26% 4.2%323 Printing Products 109 0.6% 7 6% 5% 1.7%

313 Textiles And Fabrics 84 0.5% 33 63% 22% 1.0%

321 Wood Products 76 0.4% 15 24% 27% 1.4%

337 Furniture And Fixtures 63 0.4% 5 9% 14% 1.4%

314 Textile Mill Products 43 0.3% (5) -10% 14% 1.5%

315 Apparel And Accessories 10 0.1% 0 3% 11% 0.2%

Total $ 17,171 100.0% $ 2,529 17% 20% 1.6%


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Computers and electronics (Rank: 1):

Export value, 2010: $4.0 billion. State trend, 2009-2010: up 18 percent. U.S. trend, 2009-2010: up 18 percent. Major country markets: Canada ($496 million),

China ($442 million), the Philippines ($392million).

Largest gains: the Philippines (up $131million), Thailand (up $122 million to $215million), China (up $119 million).

Largest declines: Ireland (down $55 million to$130 million), Germany (down $30 million to$302 million).

Figure 11. Minnesotas Major Markets forComputers and Electronics, 2010

Canada

12%

China

11%

Philippines

10%

Germany

8%Japan

6%Thailand

5%

Malaysia

5%

U.K.

4%

Other

39%

Note: Exports to each country shown in the pie chart were valued $150million and more in 2010.

Machinery (2):

Export value, 2010: $3.0 billion. State trend, 2009-2010: up 23 percent. U.S. trend, 2009-2010: up 21 percent. Major country markets: Canada ($641 million),

China ($506 million), Belgium ($218 million).

Largest gains: China (up $221 million to$506 million), Canada (up $72 million),Taiwan (up $66 million to $148 million).

Largest declines: Saudi Arabia (down $14million to $15 million), Australia (down $12

million to $111 million), Malaysia (down $12million percent to $27 million).

The top 10 markets account for 90 percent ofMinnesotas exports of machinery.

Figure 12. Minnesotas Exports ofMachinery, by Industry Segment, 2010

Farm,

Construction

19%

Commercial

15%

Industrial

8%HVAC

4%Metal-

working

3%

Engines,

Turbines

3%

Other

48%

Transportation Equipment (3): Export value, 2010: $2.1 billion.

State trend, 2009-2010: up 29 percent. U.S. trend, 2009-2010: up 15 percent. Major country markets: Canada ($1.2 billion),

France ($94 million), Singapore ($57 million),Finland ($57 million), Sweden ($56 million).

Largest gains: Canada (up $280 million),Netherlands (up $41 million to $49 million),Sweden (up $30 million), Finland (up $28million).

Largest declines: Brazil (down $19 million to$41 million), Norway (down $ 13 million to $8million).

Figure 13. Minnesotas Exports ofTransportation Equipment, by IndustrySegment, 2010

Vehicles

48%

Vehicle

Bodies,

Trailers

11%

Vehicle Parts

8%

Aerospace

24%

Railroad

4%

Ships, Boats

3%Other

2%


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Miscellaneous including Medical (4):

Export value, 2010: $1.7 billion. State trend, 2009-2010: down 14 percent. U.S. trend, 2009-2010: up 16 percent. Major country markets: Ireland ($225 million),

Belgium ($223 million), Japan ($161 million).

Largest gains: China (up $33 million to $150million), Germany (up $25 million to $109million), Belgium (up $23 million), SouthKorea (up $23 million to $59 million).

Largest declines: Ireland (down $374 million),the Netherlands (down $23 million to $154million).

Food (5):

Export value, 2010: $1.3 billion. State trend, 2009-2010: up 8 percent.

U.S. trend, 2009-2010: up 16 percent. Major country markets: Canada ($453 million),

Mexico ($214 million), China ($138 million).

Largest gains: Mexico (up $31 million), Chile(up $26 million to $31 million), China (up 25million).

Largest declines: Canada (down $16 million),Indonesia (down $7 million to $7 million).

Figure 14. Minnesotas Major ExportMarkets for Food Products, 2010

Japan

7%China

10%

Mexico

16%

Canada

34%

South

Korea

7%

Other

26%

Chemicals (6): Export value, 2010: $1.1 billion. State trend, 2009-2010: up 34 percent. U.S. trend, 2009-2010: up 18 percent. Major country markets: Canada ($323 million),

China ($116 million), United Kingdom ($96million).

Largest gains: Canada (up $144 million), China(up $39 million), Japan (up $25 million to $91million).

Largest declines: United Kingdom (down $20million to $96 million).

Paper (7):

Export value, 2010: $707 million. State trend, 2009-2010: up 21 percent. U.S. trend, 2009-2010: up 20 percent. Major country markets: China ($162 million),

Canada ($145 million), Mexico ($62 million).

Largest gains: China (up $70 million), Mexico(up $26 million), Taiwan (up $17 million to$39 million).

Largest declines: Canada (down 5 percent).

Figure 15. Minnesotas Major ExportMarkets for Paper Products, 2010

Japan

8%

Mexico

9%

Canada

20%

China

22%

South

Korea

7%

Singapore

6%

Taiwan

6%

Other

22%

Electrical Equipment (8):

Export value, 2010: $705 million. State trend, 2009-2010: up 11 percent. U.S. trend, 2009-2010: up 19 percent. Major country markets: Canada ($194 million),

Mexico ($56 million), China ($44 million). Largest gains: Japan (up $21 million to $33

million), U.K. (up $13 million to $42 million).

Largest declines: Ireland (down $23 million to$29 million), South Korea (down $9 million to$10 million).

Figure 16. Minnesotas Exports of ElectricalEquipment, by Industry Segment, 2010

Electrical

Equipment

45%

Other

39%

Household

Appliances

15%

Electric

Lighting

1%


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Fabricated Metals (9):

Export value, 2010: $586 million. State trend, 2009-2010: up 10 percent. U.S. trend, 2009-2010: up 18 percent. Major country markets: Canada ($277 million),

China ($46 million), Mexico ($30 million).

Largest gains: Canada (up $45 million),Hungary (up $9 million to $11 million).

Largest declines: U.K. (down $34 million to$17 million, China (down $12 million).

Plastics and Rubber (10): Export value, 2010: $511 million. State trend, 2009-2010: up 22 percent. U.S. trend, 2009-2010: up 20 percent. Major country markets: Canada ($101 million),

China ($77 million), Mexico ($72 million).

Largest gains: Mexico (up $32 million), SouthKorea (up $14 million to $36 million). Largest declines: Malaysia (down $4 million to

$3 million), Taiwan (down $2 million to $32million).

Figure 17. Minnesotas Major ExportMarkets for Plastics and Rubber, 2010

Other

38%

Taiwan

6%

Canada

20%China

15%

Mexico

14%

South

Korea

7%

Other Notable Industry:

Minnesota exports of nonmetallic mineralproducts increased 33 percent to $303 million in2010. Minnesota is the 12th largest exporter ofthis industry among all states. Major marketsare Canada, China and Singapore.

Fastest-Growing Industries

Additional limited data on four-digit NAICSindustries has recently become available. Thefastest-growing four-digit NAICS industries bygrowth rate (among those with at least $100 millionin exports) represented a wide variety ofmanufacturing industries and included threechemical industries.

The largest high-performing industries weresemiconductors ($1.1 billion), aerospace parts ($497million) and commercial and service industrymachinery ($449 million).

Among Minnesotas chemical industries, basicchemicals (up 124 percent to $323 million); resin,synthetic, rubber and artificial fibers (up 47 percent

to $157 million); and paints, coatings, and adhesives(up 40 percent to $182 million) showed some of thestrongest export growth rates.

Other industries that performed strongly were iron,steel, ferroalloy (up 107 percent to $185 million),beverages (up 82 percent to $177 million), andpetroleum and coal (up 75 percent to $156 million).

Table 6. Minnesotas Ten Fastest-GrowingFour-Digit NAICS Industries, by GrowthRate: 2009-2010*Industry

(4-digit NAICS)

Exports

(millions)

Value

Change

Percent

GrowthBasic Chemicals $ 323 $ 178 124%

Iron, Steel,Ferroalloy 185 96 107%

Beverages 177 80 82%

Petroleum, CoalProducts 156 67 75%

Aerospace Products,Parts 497 203 69%

Commercial, ServiceIndustry Machinery 449 153 51%

Dairy Products 127 42 49%

Resin, SyntheticRubber, ArtificialFibers 157 50 47%

Paints, Coatings,Adhesives 182 52 40%

Semiconductors 1,107 315 40%*Among four-digit NAICS industries with at least $100 million inexports.


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12

Major Exported Products

In addition to export data based on the NorthAmerican Industry Classification System (NAICS)

discussed elsewhere in this report, export data onproducts defined by the Harmonized Tariff System -Schedule B (HS) provide additional insight intoexports by Minnesota businesses.

HS 84 Machinery includes computers and relatedparts found in NAICS 334 Computers andElectronics, and machinery equipment found inNAICS 333 Machinery.

Top markets: Canada, China, Belgium Top products (four-digit HS): computer

components, office machine parts, centrifuges

and filters. Largest gains: office machine parts (up $187

million to $541 million), dispersing machinery(up $78 million to $408 million), machines formaking semiconductors (up $58 million to $119million)

Largest declines: harvest, cleaning machinery(down $17 million to $57 million), moldingboxes for metal foundry (down $16 million to$10 million)

Table 7. Minnesotas Top 15 Exported

Product Groups*, 2010

Harmonized Tariff SystemProduct Group

MNExports

(Millions)

2009-10PercentChange

84 Machinery $ 3,903 18%

90 Medical Devices, Optic 2,910 -6%

85 Electrical Machinery 2,418 28%

87 Vehicles, Not Railway 1,554 19%

39 Plastic 1,067 27%

26 Ores, Slag, Ash 569 528%

88 Aircraft, Spacecraft 497 69%

23 Food Waste, Animal Feed 453 19%

12 Misc. Grain, Seed, Fruit 362 41%

10 Cereals 318 81%73 Iron and Steel Products 301 43%

48 Paper, Paperboard 249 4%

22 Beverages 224 246%

27 Mineral Fuel, Oil 210 136%

30 Pharmaceutical Products 209 0%

Other 3,683 19%

Total $ 18,929 22%*Includes manufactured and non-manufactured products such asagricultural commodities and mining products.

HS 90 Optic, Photo, Medical Products includessome machinery found in NAICS 333 Machinery

(optics) and NAICS 339 Miscellaneous (medicalequipment).

Top markets: China, Japan, Ireland Top products (four-digit HS): medical and

surgical instruments, orthopedic and artificialbody parts, optic fiber products

Largest gains: other machinery such as opticalmachinery and profile projectors (up $68million to $257 million), optic fiber products(up $60 million to $267 million), instruments tomeasure flow (up $39 million to $241 million).

Largest declines: orthopedic and other artificial

body parts (down $392 million to $686 million).

HS 85 Electrical Machinery includes products andrelated parts principally found in NAICS 334Electrical Equipment.

Top markets: Canada, the Philippines, China Top products (four-digit HS): integrated

circuits, line telephony apparatus, electricgenerators

Largest gains: integrated circuits (up $268million to $659 million), industrial furnaces(increase $69 million to $116 million), line

telephony apparatus (up $63 percent to $333million)

Largest declines: primary cells, batteries (down$20 million to $65 million), parts for electricgenerators (down $15 million to $25 million).

HS 87 Vehicles, Not Railway is one of multiplecomponents of the transportation equipmentindustry; boats and ships, aircraft, and railwayvehicles are classified separately.

Top markets: Canada, Finland, Sweden Top products (four-digit HS): passenger

vehicles (including snowmobiles and golf carts),trucks, mass transport vehicles (more than 10passengers)

Largest gains: trucks (up $90 million to $454million), mass transport vehicles (up $72million to $165 million), passenger vehicles (up$51 million to $501 million).

Largest declines: tractors (down $36 million to$74 million), armored military vehicles (down$10 million to $16 million).


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Peer Performance

Minnesotas ranking among all states remained at20th in 2010, as in 2009.

The national increase in exports of 20 percent (or$181 billion) was driven in large part by nine of thetop 10 states, which together contributed an increaseof $110 billion in exports. The top two states, Texas(up $39 billion) and California (up $20 billion), hadthe largest gains among all states.

During this period, annual exports fell only fromWashington (down 2 percent to $41 billion) andArkansas (down 6 percent to $4.6 billion).

Table 8. Manufactured Exports, Top 10Exporting States, 2010

RankState

Exports(billions)

Growth,2009-2010

Shareof U.S.2009 2010

1 1 TX $ 192 25% 17.5%

2 2 CA 125 19% 11.3%

3 3 NY 54 20% 4.9%

5 4 FL 47 15% 4.3%

6 5 IL 46 22% 4.2%

8 6 MI 42 39% 3.8%

4 7 WA 41 -2% 3.7%

7 8 OH 40 22% 3.6%

9 9 PA 31 19% 2.8%

10 10 NJ 29 17% 2.6%

20 20 MN 17 17% 1.6

Other 424 19% 39.6%

Total $ 1,098 20% 100.0%

The Big Picture in State ExportsMinnesotas exports from manufacturing, servicesand agricultural industries are estimated at $31billion (preliminary) for 2010.

Manufactured exports ($17.2 billion) accountfor 55 percent of the states total exports.

State-level export estimates of agriculturalcommodities are not yet available for 2010, but

preliminary data show that U.S. exports ofagricultural commodities were up 13 percentbetween 2009 and 2010 (fiscal years). Stateexports of agricultural commodities and relatedprocessed foods were valued at $4.3 billion in2009. Minnesota was the seventh-largest stateexporter of agricultural commodities and relatedfood products in 2009.

Exports of services cover transportation-relatedservices, royalties and licenses, and otherprivate services. No official comprehensivestate-level export data for services are available.Estimates by DEED show that Minnesotaservices exports were valued at $9.8 billion in2009, up 2 percent from 2008.

Other exports include mining, forestry, fishingexports and were valued at $1 billion. The stateexported $569 million in mined ores of which79 percent was sold to Canada.

Figure 18. Total Exports, 2010 Preliminary

Other

3%

Agricultural

Commodities

10%

Services

32%

Manufac-

turing

55%

Notes:

1. Agriculture: Minnesota agricultural and food-related exportswere valued at $4.3 billion in 2009 according to the EconomicResearch Service, U.S. Department of Agriculture. Based onpreliminary national data showing an increase of 13 percent inU.S. agricultural exports, a preliminary state estimate for 2010also assumes an increase of13 percent in state exports. Thisfigure was then adjusted by subtracting 2010 Minnesotamanufactured food exports in order to estimate exports of only

agricultural commodities ($3.5 billion, 2010, preliminary).2. Services: The Analysis and Evaluation Office of DEEDcalculated the estimate of $9.8 billion based on pro-ratedproduction shares of 2009 preliminary estimates of U.S. exportsof services from the Bureau of Economic Analysis, U.S.Department of Commerce.

Minnesota Annual Export Statistics andMinnesota Quarterly Export Statistics are the most current resources available for tracking

the states manufactured export trends and are prepared by the Department of Employment and Economic DevelopmentsAnalysis and Evaluation Office (Thu-Mai Ho-Kim, 651-259-7180).

Past issues are available at the Departments web site (www.PositivelyMinnesota.com, see Data, Export and Trade Statistics).

Export data are collected by the U.S. Department of Commerce (USDOC) and distributed by the World Institute of Social and

Economic Research (WISER) at Holyoke Community College in Massachusetts (based on the North American Industry

2010 Minnesota Exports Report

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Transcript of 2010 Minnesota Exports Report