Story perspectives
Minnesota Exports Plunge 19% Amid Tariff Uncertainty
10/12/2025
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Story summary
- Minnesota's exports fell 19% in Q2 2025, down $1.3 billion, per the Minnesota Department of Employment and Economic Development (DEED).
- The decline was driven by a 96% drop in mineral fuel and oil exports to Canada, over half of the decline.
- Exports to Mexico and China fell by more than 20%.
- Exports to Europe grew, including Ireland and Germany.
- DEED Commissioner Matt Varilek cited tariff uncertainty as harming the economy.
