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Nevada

Nevada Trade Facts

  • In 2018, Nevada exported $11.1 billion of Made-in-America goods to the world. In 2016, exports from Nevada supported an estimated 39 thousand jobs.

Exports from Nevada and Jobs

  • Nevada was the 32nd largest state exporter of goods in 2018.
     
  • In 2018, Nevada goods exports were $11.1 billion, an increase of 81 percent ($5.0 billion) from its export level in 2008.
     
  • Goods exports accounted for 6.7 percent of Nevada GDP in 2018.
     
  • Nevada goods exports in 2016 (latest year available) supported an estimated 39 thousand jobs. Nationally, jobs supported by goods exports pay up to an estimated 18 percent above the national average.

Made-in-America Manufacturing Exports from Nevada and Jobs

  • In 2018, Nevada exported $10.4 billion of manufactured products.
     
  • Nevada exports of manufactured products supported an estimated 37 thousand jobs in 2016.
     
  • The state's largest manufacturing export category is primary metal manufacturing, which accounted for $5.1 billion of Nevada's total goods exports in 2018.
     
  • Other top manufacturing exports are computer & electronic products ($2.1 billion), miscellaneous manufactured commodities ($1.3 billion), electrical equipment, appliances & components ($356 million), and machinery, except electrical ($344 million).

Exports Sustain Thousands of Nevada Businesses many of which are SMEs

  • A total of 3,222 companies exported from Nevada locations in 2016 (latest year available). Of those, 2,766 (86 percent) were small and medium sized enterprises with fewer than 500 employees.
     
  • Small and medium-sized firms generated 19.3 percent of Nevada's total exports of goods in 2016.

Nevada Depends on World Markets

  • The state’s largest market was Switzerland. Nevada exported $3.4 billion in goods to Switzerland in 2018, representing 31 percent of the state’s total goods exports.
     
  • Switzerland was followed by India ($1.7 billion), Canada ($1.2 billion), China ($917 million), and Mexico ($589 million).
     
  • Nevada’s exports (2018 value) to major world areas included:

 

2018 Value

APEC

$4.2 billion

Asia

$4.0 billion

European Union

$1.1 billion

South/Central America and Caribbean

$435 million

Sub-Saharan Africa

$68 million

 
  • 23 percent of Nevada’s exports ($2.5 billion) go to current FTA partners. 

Agriculture in Nevada depends on Exports

  • Nevada is the country’s 47th largest agricultural exporting state, shipping $133 million in domestic agricultural exports abroad in 2017 (latest data available according to the U.S. Dept. of Agriculture).1

  • Top Agricultural exports (2017 Value) were:

 

2017 Value

 2017 State Rank

beef and veal

$33 million

34

other plant products

$31 million

47

dairy products

$18 million

32

feeds and other feed grains

$16 million

39

other livestock products

$12 million

45

 

 

International Investment Creates Jobs in Nevada

  • In 2015 (latest data available), foreign-controlled companies employed 48,100 Nevada workers. Major sources of foreign investment in Nevada included Canada, the United Kingdom and France.
     
  • Foreign investment in Nevada was responsible for 4.4 percent of the state's total private-industry employment in 2015.

Nevada’s Major Metropolitan Areas Benefit from Exporting

  • In 2017 (latest data available), the following metropolitan areas in Nevada recorded goods exports: Las Vegas ($2.7 billion), Reno ($2.5 billion), Carson City ($138.9 million).

 

1Estimates 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.