New Jersey

New Jersey Exports and Foreign Investment

In 2024, New Jersey exported $42.9 billion of goods to the world. In 2022, exports from New Jersey supported an estimated 129 thousand jobs (latest data available).

Exports from New Jersey and Jobs

• New Jersey was the 14th largest state exporter of goods in 2024.
• In 2024, New Jersey goods exports were $42.9 billion, an increase of 17 percent ($6.3 billion) from its export level in 2014.
• Goods exports accounted for 5.4 percent of New Jersey GDP in 2023 (latest data available).
• New Jersey goods exports in 2022 supported an estimated 129 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 New Jersey and Jobs

• In 2024, New Jersey exported $37.7 billion of manufactured products.
• New Jersey exports of manufactured products supported an estimated 116 thousand jobs in 2022 (latest data available).
• The state's largest manufacturing export category is chemicals, which accounted for $11.1 billion of New Jersey's total goods exports in 2024.
• Other top manufacturing exports are computer & electronic products ($6.2 billion), primary metal manufacturing ($4.3 billion), miscellaneous manufactured commodities ($3.1 billion), and petroleum & coal products ($2.6 billion).

Exports Sustain Thousands of New Jersey Businesses many of which are SMEs

• A total of 20,072 companies exported from New Jersey locations in 2022 (latest data available). Of those, 18,331 (91 percent) were small and medium sized enterprises with fewer than 500 employees.
• Small and medium-sized firms generated 39.0 percent of New Jersey's total exports of goods in 2022.

New Jersey Depends on World Markets

• The state’s largest market was Canada. New Jersey exported $8.4 billion in goods to Canada in 2024, representing 20 percent of the state’s total goods exports.
• Canada was followed by Mexico ($3.5 billion), Japan ($2.3 billion), China ($2.2 billion), and Germany ($2.0 billion).
• New Jersey’s exports to major world areas included:

 

• 40 percent of New Jersey’s goods exports ($17.0 billion) in 2024 went to current FTA partners.  

Agriculture in New Jersey depends on Exports

• New Jersey is the country’s 37th largest agricultural exporting state, shipping $687 million 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
other plant products	$502 million	12
soybeans	$27 million	28
other livestock products	$25 million	43
vegetables, processed	$21 million	20
fruits, processed	$21 million	14

International Investment Creates Jobs in New Jersey

• In 2022 (latest data available), foreign-controlled companies employed 297,100 New Jersey workers. Major sources of foreign investment in New Jersey included France, Switzerland and Switzerland.
• Foreign investment in New Jersey was responsible for 8.1 percent of the state's total private-industry employment in 2022.

New Jersey’s Major Metropolitan Areas Benefit from Exporting
In 2023 (latest data available), the following metropolitan areas in New Jersey recorded goods exports: Allentown-Bethlehem-Easton ($4.7 billion), New York-Newark-Jersey City ($106.2 billion), Philadelphia-Camden-Wilmington ($28.8 billion), Atlantic City-Hammonton ($120 million), Trenton-Princeton ($1.3 billion), and Vineland ($603.4 million).