> Largest export: Gold
> 2014 Gold value: $1.96 billion
> Pct. change in Gold export value (2013-2014): -18.7%
> Gold as share of total state exports: 7.2%
Massachusetts has no commercial gold mining operations to speak of, and yet the state exported nearly $2 billion of the precious metal last year, roughly double its next largest export. The reason the state ships so much gold abroad is that it also happens to be one of the biggest importers of the metal, which is refined at the Metalor refinery in North Attleborough and shipped abroad. More than half of this refined gold goes to the United Kingdom, with Switzerland and Hong Kong a distant second and third. The state has a relatively diverse economy, and while the gold leaving the state is worth a substantial sum, it only represented 7.2% of the state’s total exports in 2014.
> Largest export: Automobile Parts
> 2014 automobile parts value: $9.91 billion
> Pct. change in automobile parts export value (2013-2014): -6.2%
> Automobile parts as share of total state exports: 17.8%
Home to Detroit, the Motor City, it is no surprise that car parts are Michigan’s most valuable export. The state shipped nearly $10 billion in automotive parts abroad in 2014, a 17.8% share of the state’s total exports. Additionally, personal vehicles and commercial vehicle parts accounted for more than 20% of the state’s total export value. General Motors is headquartered in Detroit and reported $155.9 billion in net sales in its fiscal 2014.
> Largest export: Medical needles
> 2014 medical needles value: $0.88 billion
> Pct. change in medical needles export value (2013-2014): 13.2%
> Medical needles as share of total state exports: 4.1%
Minnesota has a very diverse profile of exports, with no product type accounting for more than 5% of the value of products leaving the state for foreign shores. Products such as aircraft, circuitry, and automobiles account for substantial shares of the state’s exports. However, the state’s biggest export in 2014 was medical syringes and needles, with an export value of roughly $875 million, or 4.1% of the state’s total exports. With such global medical device companies as St. Jude Medical, Medtronic, and Boston Scientific, the state is the national leader in the manufacturing of medical devices.
> Largest export: Petroleum
> 2014 Petroleum value: $3.84 billion
> Pct. change in petroleum export value (2013-2014): -8.7%
> Petroleum as share of total state exports: 33.6%
Petroleum accounted for more than one-third of the value of Mississippi’s total exports. There are three operating oil refineries in the state, including the Chevron Pascagoula refinery, which is one of the nation’s largest. Selling more than $3.8 billion in petroleum abroad in 2014, Mississippi is one of three Gulf states where petroleum is the most valuable export.
> Largest export: Commercial vehicle parts
> 2014 commercial vehicle parts value: $1.44 billion
> Pct. change in commercial vehicle parts export value (2013-2014): 13.5%
> Commercial vehicle parts as share of total state exports: 10.2%
Growing to $1.4 billion in 2014 from $815 million in 2011, commercial vehicle parts accounted for 10.2% of Missouri’s total export value. No other Missouri export reached a value of more than $1 billion in 2014. The state’s economy relies heavily on automobile manufacturing with a Ford plant just outside of Kansas City and a GM plant just outside of St. Louis.
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