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Wholesale Trade Agents and Brokers in Minnesota

Author.Name IBISWorld United States Last Updated: April 2025 NAICS MN42512

Wholesale Trade Agents and Brokers in Minnesota industry analysis

The Wholesale Trade Agents and Brokers industry in Minnesota is expected to decline an annualized -x.x% to $x.x billion over the five years to 2025, while the national industry will likely decline at -x.x% during the same period. Industry establishments decreased an annualized -x% to x,xxx locations. Industry employment has decreased an annualized -x.x% to x,xxx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x billion, while the national industry is expected to decline -x.x%. Industry establishments are forecast to decline -x.x% to x,xxx locations. Industry employment is expected to decrease an annualized -x.x% to x,xxx workers, while industry wages are forecast to decrease % to $x.x million.

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About the Wholesale Trade Agents and Brokers in Minnesota Market Research Report

What’s Included in the Wholesale Trade Agents and Brokers in Minnesota Market Research Report

Definition of the Wholesale Trade Agents and Brokers in Minnesota?

Wholesale trade agents and brokers act on behalf of buyers and sellers to distribute goods at a wholesale level. They refrain from taking title of goods in the selling process and instead generate income from commissions and fees for their services. Establishments acting in the capacity of agents, or brokers that operate using the internet or other electronic means, are excluded from the industry.

What’s included in the Wholesale Trade Agents and Brokers in Minnesota?

The Wholesale Trade Agents and Brokers in Minnesota includes other goods wholesaling, automobiles and parts wholesaling, electrical equipment wholesaling, food and grocery wholesaling, electronic parts and equipment wholesaling, medical supplies wholesaling, plumbing equipment wholesaling, industrial machinery and equipment wholesaling, construction materials wholesaling and home and office furniture wholesaling. Related terms covered in the Wholesale Trade Agents and Brokers in Minnesota industry report includes the practice of sourcing goods directly from a manufacturer, thereby eliminating the middleman, the resale of goods without transformation to retailers, industrial, commercial, institutional and other businesses users and the extent to which a company owns its upstream suppliers and its downstream buyers.

Industry Performance of the Wholesale Trade Agents and Brokers industry in Minnesota

Benchmark the Wholesale Trade Agents and Brokers in Minnesota industry performance with all MN county and national performance.

Wholesale Trade Agents and Brokers in Minnesota

#10 in Highest Revenue 3.2% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Wholesale Trade Agents and Brokers in the US


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Wholesale Trade Agents and Brokers industry in Minnesota

See how key industry drivers, such as population, new business formation, unemployment rate, demand from wholesale trade, e-commerce sales and industrial production index are impacting Wholesale Trade Agents and Brokers in Minnesota

Minnesota Economic Indicators

Population
New Business Formation
Unemployment Rate

View more economic information in MN State Economic profile

US Key External Drivers

Demand from wholesale trade
E-commerce sales
Industrial production index

For the full list of industry drivers, see report purchase options.

County Data of the Wholesale Trade Agents and Brokers industry in Minnesota

Access proprietary data on county in the Wholesale Trade Agents and Brokers in Minnesota, such as Hennepin County, Dakota County and Ramsey County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Wholesale Trade Agents and Brokers industry in Minnesota

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Wholesale Trade Agents and Brokers industry in Minnesota in 2025?

The market size of the Wholesale Trade Agents and Brokers industry in Minnesota is $24.8bn in 2025.

How many businesses are there in the Wholesale Trade Agents and Brokers industry in Minnesota in 2025?

There are 2,271 businesses in the Wholesale Trade Agents and Brokers industry in Minnesota, which has been declining at an average annual rate of -1.0% from 2020 to 2025.

Has the Wholesale Trade Agents and Brokers industry in Minnesota grown or declined over the past 5 years?

The market size of the Wholesale Trade Agents and Brokers industry in Minnesota has been declining at an average annual rate of -0.8% from 2020 to 2025.

How many employees in the Wholesale Trade Agents and Brokers industry in Minnesota in 2025?

There are 6,556 employees in the Wholesale Trade Agents and Brokers industry in Minnesota, which has been declining at an average annual rate of -2.9% from 2020 to 2025.