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US: Minnesota fruit and seed exports increase by 34%

Minnesota exports of manufactured, agricultural and mining products were valued at $5 billion in the fourth quarter of 2016, unchanged from the same period a year earlier, according to figures released today by the Minnesota Department of Employment and Economic Development (DEED). U.S. exports were up 2 percent from one year ago.

State exports to Asia climbed 8 percent in the quarter to $1.7 billion. Exports to North American markets fell 8 percent to $1.6 billion, while exports to Europe were down 1 percent to $1.1 billion.

Miscellaneous seeds, grains and fruit exports totaled $77 million, which marked an increase of 34 percent. This increase was led by sales of soybeans to China ($23 million, up from $279,000).

Other regions that saw strong export growth were Africa ($58 million, up 84 percent) and Australia-Pacific ($144 million, up 6 percent). Canada was the state’s largest national market, with sales of $1 billion (down 6 percent).

source: aapress.com