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Minnesota’s economy and the future of global trade
17 Apr 2025
News
By Doug Loon
President and CEO
Minnesota Chamber of Commerce
Dear Minnesota business leaders,
Trade is a fundamental driver of Minnesota’s economy. Our state has a long history of developing innovative products and bringing them to markets around the world. In 2024, Minnesota’s exports topped $30 billion — accounting for more than 6% of the state’s GDP and supporting an estimated 750,000 jobs. Minnesota companies also depend on access to global supply chains, particularly for critical inputs that aren’t easily grown, extracted or produced domestically.
As Minnesota navigates a changing global economy, we need to do two things at once:
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