Overview: In January 2021 Minneapolis-St. Paul, MN exported $54.7M and imported $594M, resulting in a negative trade balance of $539M. Between January 2020 and January 2021 the exports of Minneapolis-St. Paul, MN have decreased by $-67.1M (-55.1%) from $122M to $54.7M, while imports decreased by $-91.3M (-13.3%) from $685M to $594M.
Trade: In January 2021, the top exports of Minneapolis-St. Paul, MN were Crude Petroleum ($4.06B), Refined Petroleum ($3.39B), Petroleum Gas ($2.86B), Commodities not elsewhere specified ($2.51B), and Soybeans ($2.1B). In January 2021 the top imports of Minneapolis-St. Paul, MN were Computers ($3.02B), Cars ($2.77B), Cars ($2.56B), Telephones ($2.28B), and Cars ($1.82B).
Destinations: In January 2021, Minneapolis-St. Paul, MN exported mostly to Canada ($15.7M), Costa Rica ($8.2M), Netherlands ($5.76M), Singapore ($3.39M), and Ireland ($3.23M), and imported mostly from Canada ($376M), China ($78.5M), France ($38.6M), Germany ($18.4M), and Italy ($14.5M).
Growth: In January 2021, the decrease in Minneapolis-St. Paul, MN's year-by-year exports was explained primarily by an decrease in exports to Canada ($-604M or -22.6%), Netherlands ($-456M or -44.1%), and Mexico ($-453M or -5.04%), and product exports decrease in Crude Petroleum ($-1.53B or -27.3%), Refined Petroleum ($-882M or -53.2%), and Refined Petroleum ($-668M or -16.5%). In January 2021, the decrease in Minneapolis-St. Paul, MN's year-by-year imports was explained primarily by an decrease in imports from Ireland ($-641M or -63.5%), Ireland ($-631M or -76.8%), and Mexico ($-502M or -5.79%), and product imports decrease in Crude Petroleum ($-995M or -52.5%), Nucleic Acids ($-936M or -83.4%), and Crude Petroleum ($-748M or -34.7%).