Arizona

Arizona Exports and Foreign Investment

In 2024, Arizona exported a record $32.2 billion of goods to the world. In 2022, exports from Arizona supported an estimated 82 thousand jobs (latest data available).

Exports from Arizona and Jobs

• Arizona was the 20th largest state exporter of goods in 2024.
• In 2024, Arizona goods exports were $32.2 billion, an increase of 52 percent ($11 billion) from its export level in 2014.
• Goods exports accounted for 5.7 percent of Arizona GDP in 2023 (latest data available).
• Arizona goods exports in 2022 supported an estimated 82 thousand jobs (latest data available). Nationally, jobs supported by goods exports pay up to an estimated 18 percent above the national average.

Manufacturing Exports from Arizona and Jobs

• In 2024, Arizona exported $27.8 billion of manufactured products.
• Arizona exports of manufactured products supported an estimated 69 thousand jobs in 2022 (latest data available).
• The state's largest manufacturing export category is computer & electronic products, which accounted for $9.9 billion of Arizona's total goods exports in 2024.
• Other top manufacturing exports are transportation equipment ($6.2 billion), machinery, except electrical ($2.6 billion), electrical equipment, appliances & components ($2.0 billion), and miscellaneous manufactured commodities ($1.7 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 $9.0 billion in goods to Mexico in 2024, representing 28 percent of the state’s total goods exports.
• Mexico was followed by Canada ($2.8 billion), Netherlands ($1.9 billion), China ($1.7 billion), and the United Kingdom ($1.4 billion).
• Arizona’s exports to major world areas included:

 

• 46 percent of Arizona’s goods exports ($15.0 billion) in 2024 went to current FTA partners.  

Agriculture in Arizona depends on Exports

• Arizona is the country’s 30th 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).
• Top Agricultural exports were:

	2022 Value	2022 State Rank
vegetables, processed	$317 million	4
other plant products	$246 million	21
cotton	$201 million	12
dairy products	$200 million	14
vegetables, fresh	$185 million	4

International Investment Creates Jobs in Arizona

• In 2022 (latest data available), foreign-controlled companies employed 144,600 Arizona workers. Major sources of foreign investment in Arizona included the United Kingdom, Canada and Japan.
• Foreign investment in Arizona was responsible for 5.3 percent of the state's total private-industry employment in 2022.

Arizona’s Major Metropolitan Areas Benefit from Exporting

In 2023 (latest data available), the following metropolitan areas in Arizona recorded goods exports: Flagstaff ($62.8 million), Lake Havasu City-Kingman ($36.9 million), Phoenix-Mesa-Chandler ($17.6 billion), Prescott Valley-Prescott ($186 million), Sierra Vista-Douglas ($308.1 million), Tucson ($4.5 billion), and Yuma ($734.8 million).