State lost over $1 billion in exports in second quarter of the year - Austin Daily Herald

State lost over $1 billion in exports in second quarter of the year - Austin Daily Herald

By Tadeo Ruiz Sandoval Minnesota exports fell by 19 percent in the second quarter of this year compared to the same time last year. That’s a drop of about $1.3 billion in value. Oil and mineral fuel exports to Canada were the reason for more than half of the decline. Those products mostly consist of refined products, such as motor fuel. Canada is Minnesota’s largest trading partner. “Minnesota’s export statistics were particularly sensitive to c…