Minnesota’s exports are down 8%, driven by decline in exports of fossil fuel products to Canada

Minnesota's exports fell by 8% in the first quarter of 2026 compared to the same period last year, largely due to a significant drop in fossil fuel exports to Canada. This decline is partly linked to fluctuating tariffs and trade uncertainties. Such a drop in exports is particularly noteworthy because it reflects broader economic trends and can influence state revenue and job markets. The decrease underscores the impact of global trade policies and market shifts on regional economies.