Oklahoma Exports and Foreign Investment
In 2024, Oklahoma exported a record $7.7 billion of goods to the world. In 2022, exports from Oklahoma supported an estimated 26 thousand jobs (latest data available).
Exports from Oklahoma and Jobs
- Oklahoma was the 36th largest state exporter of goods in 2024.
- In 2024, Oklahoma goods exports were $7.7 billion, an increase of 23 percent ($1.4 billion) from its export level in 2014.
- Goods exports accounted for 2.6 percent of Oklahoma GDP in 2023 (latest data available).
- Oklahoma goods exports in 2022 supported an estimated 26 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 Oklahoma and Jobs
- In 2024, Oklahoma exported $7.4 billion of manufactured products.
- Oklahoma exports of manufactured products supported an estimated 22 thousand jobs in 2022 (latest data available).
- The state's largest manufacturing export category is transportation equipment, which accounted for $2.4 billion of Oklahoma's total goods exports in 2024.
- Other top manufacturing exports are machinery, except electrical ($1.3 billion), chemicals ($836 million), computer & electronic products ($764 million), and fabricated metal products, not elsewhere specified ($603 million).
Exports Sustain Thousands of Oklahoma Businesses many of which are SMEs
- A total of 3,017 companies exported from Oklahoma locations in 2022 (latest data available). Of those, 2,532 (84 percent) were small and medium sized enterprises with fewer than 500 employees.
- Small and medium-sized firms generated 26.8 percent of Oklahoma's total exports of goods in 2022.
Oklahoma Depends on World Markets
- The state’s largest market was Canada. Oklahoma exported $1.9 billion in goods to Canada in 2024, representing 24 percent of the state’s total goods exports.
- Canada was followed by Germany ($721 million), Mexico ($606 million), Netherlands ($467 million), and Brazil ($389 million).
- Oklahoma’s exports to major world areas included:
|
2024 Value |
APEC |
$4.2 billion |
Asia |
$2.0 billion |
European Union |
$1.5 billion |
South/Central America and Caribbean |
$668 million |
Sub-Saharan Africa |
$200 million |
- 45 percent of Oklahoma’s goods exports ($3.5 billion) in 2024 went to current FTA partners.
Agriculture in Oklahoma depends on Exports
Oklahoma is the country’s 25th largest agricultural exporting state, shipping $2.4 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 |
beef and veal |
$623 million |
5 |
wheat |
$401 million |
5 |
pork |
$373 million |
6 |
cotton |
$339 million |
10 |
other plant products |
$123 million |
36 |
International Investment Creates Jobs in Oklahoma
- In 2022 (latest data available), foreign-controlled companies employed 64,700 Oklahoma workers. Major sources of foreign investment in Oklahoma included France, the United Kingdom and Japan.
- Foreign investment in Oklahoma was responsible for 4.8 percent of the state's total private-industry employment in 2022.
Oklahoma’s Major Metropolitan Areas Benefit from Exporting
In 2023 (latest data available), the following metropolitan areas in Oklahoma recorded goods exports: Fort Smith ($378.8 million), Enid ($49.5 million), Lawton ($24.5 million), Oklahoma City ($2.3 billion), and Tulsa ($3.2 billion).
Estimates of state exports of agricultural products by the U.S. Dept. of Agriculture and goods exports by the U.S. Dept. of Commerce are based on different methodologies and are not directly comparable.