Arizona

Arizona Exports & Foreign Investment

 

In 2023, Arizona exported a record $28.8 billion of goods to the world.  In 2021, exports from Arizona supported an estimated 76 thousand jobs.

 

Exports from Arizona and Jobs

• Arizona was the 19^th largest state exporter of goods in 2023.
• In 2023, Arizona goods exports were $28.8 billion, an increase of 48 percent ($9.3 billion) from its export level in 2013 (latest data available).
• Goods exports accounted for 5.7 percent of Arizona GDP in 2023 (latest data available).
• Arizona goods exports in 2021 (latest data available) supported an estimated 76 thousand jobs. Nationally, jobs supported by goods exports pay up to an estimated 18 percent above the national average. 

Manufacturing Exports from Arizona and Jobs

• In 2023, Arizona exported $24.6 billion of manufactured products.
• Arizona exports of manufactured products supported an estimated 64 thousand jobs in 2021 (latest data available).
• The state's largest manufacturing export category is computer and electronic products, which accounted for $7.5 billion of Arizona's total goods exports in 2023.
• Other top manufacturing exports are transportation equipment ($6.8 billion), machinery, except electrical ($2.2 billion), electrical equipment, appliances and components ($2.1 billion), and fabricated metal products, not elsewhere specified ($1.4 billion).

 

Exports Sustain Thousands of Arizona Businesses many of which are SMEs

• A total of 7,365 companies exported from Arizona locations in 2022 (latest data available). Of those, 6,372 (87 percent) were small and medium sized enterprises with fewer than 500 employees.
•  Small and medium-sized firms generated 25.9 percent of Arizona's total exports of goods in 2022.

 

Arizona Depends on World Markets

• The state’s largest market was Mexico. Arizona exported $8.0 billion in goods to Mexico in 2023, representing 28 percent of the state’s total goods exports.
• Mexico was followed by Canada ($2.7 billion), Netherlands ($1.7 billion), China ($1.6 billion), and United Kingdom ($1.4 billion).
• Arizona’s exports to major world areas included:

 

• 48 percent of Arizona’s goods exports ($13.8 billion) in 2023 went to current FTA partners. 

Agriculture in Arizona depends on Exports

• Arizona is the country’s 30^th largest agricultural exporting state, shipping $1.7 billion in domestic agricultural exports abroad in 2022 (latest data available according to the U.S. Dept. of Agriculture).^[1]
• Top Agricultural exports were:

 

International Investment Creates Jobs in Arizona

• In 2021 (latest data available), foreign-controlled companies employed 140,600 Arizona workers. Major sources of foreign investment in Arizona included the United Kingdom, Canada and France.
• Foreign investment in Arizona was responsible for 5.4 percent of the state's total private-industry employment in 2021.

Arizona’s Major Metropolitan Areas Benefit from Exporting

In 2022 (latest data available), the following metropolitan areas in Arizona recorded goods exports: Phoenix-Mesa-Chandler ($16.7 billion), Tucson ($3.8 billion), Yuma ($587.9 million), Sierra Vista-Douglas ($276 million), Flagstaff ($138.9 million), Prescott Valley-Prescott ($97.8 million), and Lake Havasu City-Kingman ($30.5 million).