Record First Quarter Exports 29 Jun 12

Minnesota exports set another record in the first quarter of 2012, the sixth straight quarterly export record. The Minnesota Trade Office’s Katie Clark says that Minnesota exported a record $4.9-billion worth of products, a record among other first-quarters. The state also saw a 2% growth in exports over the first quarter of last year. The largest Minnesota export during the first quarter was machinery, which was up nearly 10% to $1-billion. Canada is the state’s strongest trade partner with $1.3-billion in exports in the first quarter. Pork exports to Korea have been on the rise since a Minnesota trade delegation visit last fall as well.