China Insight Calendar

24 Jan

China Cultural Exhibit
24 Jan 2012 to 31 Mar 2012 12:00 AM to 11:59 PM
A China cultural exhibit is now open at the Dakota County Northern Service Center located at 1Mendota Road West, West St. Paul, MN 55118
26 Jan

The Dragons Are Singing Tonight
26 Jan 2012 to 12 Feb 2012 12:00 AM to 11:59 PM
The musical tale of a nasty dragon at the Southern Theater, Minneapolis. more
10 Feb

Tiger Mom - Amy Chua
10 Feb 2012 04:30 PM to 06:00 PM
Author " Battle Hymn of the Tiger Mom" - Minnesota Details
11 Feb

San Francisco Symphony Chinese New Year Celebration
11 Feb 2012 04:00 PM to 06:00 PM
The San Francisco Symphony Chinese New Year Concert and Celebration in Davies Symphony Hall, San Francisco more
11 Feb

Chinese New Year Parade - San Francisco
11 Feb 2012 05:15 PM to 08:00 PM
Named one of the world's top ten parades, Chinese New Year Parade in San Francisco is the largest celebration of its kind outside of Asia. more
18 Feb

Jin Xing Dance Theatre Shanghai
18 Feb 2012 08:00 PM to 10:00 PM
Northrup Auditorium, Minneapolis Details
08 Mar

Central States Conference on Teaching Foreign Languages
08 Mar 2012 to 10 Mar 2012 12:00 AM to 11:59 PM
The annual Central States Conference on the Teaching of Foreign Languages. Milwaukee, WI more
10 Mar

Second Annual Adoption Celebration!
10 Mar 2012 11:00 AM to 03:00 PM
University of Minnesota Field House in Minneapolis more
12 Apr

National Chinese Language Conference
12 Apr 2012 to 14 Apr 2012 08:00 AM to 05:00 PM
Asia Society and the College Board announce the 5th annual National Chinese Language Conference. Details
21 Apr

A Passage to China
21 Apr 2012 to 22 Apr 2012 10:00 AM to 05:00 PM
Now celebrating its 5th year, A Passage to China is held at Mall of America in Bloomington, MN. Details
03 May

Festival of Nations
03 May 2012 to 06 May 2012 12:00 AM to 11:59 PM
The Festival of Nations is the largest and longest running multicultural festival in Minnesota. more
08 Jun

Minnesota Trade Mission To China
08 Jun 2012 to 17 Jun 2012 12:00 AM to 11:59 PM
GOVERNOR MARK DAYTON will lead a trade mission to China in June to expand the state's trade relationship. more
14 Jul

Dragon Festival
14 Jul 2012 to 15 Jul 2012 11:00 AM to 05:00 PM
Annual festival with Asian Pacific performance, cultural events, and authentic Dragon Boat Racing. St. Paul, MN Details

24 Jan - 11 Feb

11 Feb - 10 Mar

12 Apr - 17 Jun

14 Jul - 15 Jul

A Passage to China at MOA

Minnesota exports show steady growth of 8.6 percent in the third quarter

Published on 23 February 2009

In the face of economic weakness, manufactured exports continue their record growth. Minnesota’s exports from manufacturing industries were valued at US$4.5 billion in the third quarter of 2008 – a record high, representing an increase of 8.6 percent (or US$356 million) since the third quarter of 2007. For the year-to-date, Minnesota exports increased 9.5 percent, while U.S. exports increased 14.8 percent.

Despite difficult economic times, the continued growth in Minnesota’s exports is welcome news. Exports to Canada and the Philippines gained the most in value, while machinery and computers and electronics products fueled the state’s export growth trend from the industry perspective.

Minnesota ranked second in value among Midwest states, after Wisconsin (US$5.0 billion) in the third quarter of 2008.

Strong Growth from Top Five Markets
Exports grew strongly to the state’s top five markets and Belgium (ranked ninth) in the third quarter of 2008.
Increased exports of computers and electronics, and machinery to Canada helped offset decreases in sales of transportation equipment products. Exports of refined petroleum/oil products and food products also grew.
Mexico was Minnesota’s fourth largest market, based on strong export performances in machinery (up 67 percent to US$32 million) and food (up 19 percent to US$68 million).
State exports to Belgium – ranked ninth among the state’s top 10 markets – jumped 38 percent to US$162 million based on strong sales of machinery (mainly liquid-dispersing equipment and liquid pumps).

Most Industries Experienced Export Growth

Machinery turned in the strongest performance among manufacturing industries, posting a gain of US$110 million between the third quarters of 2007 and 2008. Belgium and Canada contributed most of these gains.
The Philippines was largely responsible for the overall increase in the state’s exports of computer and electronics products; exports of these goods to this country jumped 109 percent to US$182 million in the third quarter. Canada (up US$31 million to US$139 million) and China (up US$21 million to US$105 million) – the second and third largest markets for these goods – were the next strongest performers in exports in this industry.
Plummeting sales of transportation goods to Russia (down by US$139 million or 99 percent) largely influenced the overall export drop in these goods of 24 percent. Most of that decline, however, was related to an unusual increase of US$139 million in Minnesota-made aircraft-related products that were sold to Russia in the third quarter last year.

Integrated Circuits, Refined Petroleum and Medical Devices Contributed the Most to Growth

Gains in sales of integrated circuits (up 105 percent to US$236 million) contributed significantly to the state’s overall export growth. The Philippines accounted for almost three-quarters of exports of these products.
Increased demand in Canada accounted for much of the growth in Minnesota’s exports of refined petroleum (non-crude) oil products (such as fuel oils and lubricating-hydraulic-transmission oils).
Exports of medical products such as orthopedic/artificial body parts make up the state’s largest product group (as defined by four-digit Harmonized Tariff System products) and were valued at US$277 million. Carried or worn medical devices exported to Ireland primarily accounted for the gains in the third quarter.

Minnesota Quarterly Export Statistics is the most current resource available for tracking the state’s manufactured export trends and is prepared for the Minnesota Trade Office (MTO) by the Department of Employment and Economic Development’s (DEED) Analysis and Evaluation Office (Thu-Mai Ho-Kim, 651-259-7180). Past issues may be viewed at www.exportminnesota.com/itradestats.htm and results from manufacturing conditions surveys are located at
www.deed.state.mn.us/facts/manufacturing.htm on DEED’s Web site.

Industry-level export data based on North American Industry Classification System industries (NAICS) are collected by the U.S. Department of Commerce (USDOC) and are distributed by the World Institute of Social and Economic Research (WISER). Product-level export data based on the Harmonized Tariff System (Schedule B) are collected by the USDOC and are distributed by the Global Trade Information Services. Product-level export data provide additional information and insights on the industry-level export data.

Category: Trade