Facts & Figures

New York is the third largest exporter of goods in the country, supporting an estimated 293,000 jobs to the state in 2008. Exports come from a diverse array of goods, including manufactured products, electronics, and transportation equipment. From bountiful farms and productive mining upstate, to the world-class service exports of New York City, New York exports are always in high demand

Job Creation

Trade supported 2.5 million jobs in New York in 2008, or 22.2% of total jobs, up from 10.4% in 1992.¹
More than one-fifth (20.9%) of all manufacturing workers in New York depended on exports for their jobs.²
In 2008, 417,000 people in New York were employed by U.S. affiliates of companies that are at least 50% foreign-owned.³

Exports and Growth

New York exported $58.7 billion in merchandise to more than 190 foreign markets in 2009. New York’s largest market in 2009 was Canada ($12.6 billion), followed by the United Kingdom ($4.5 billion), Israel ($3.7 billion), Switzerland ($3.3 billion), and Hong Kong ($3.0 billion).⁴
In 2008, 28,930 companies exported goods from New York. Of these, 94% were small- and medium-sized enterprises with fewer than 500 employees.⁵
Agricultural exports are important to New York’s economy, totaling $1.2 billion and supporting about 13,899 jobs in 2008.⁶
Since 2007, the U.S. Export-Import Bank has financed $5.1 billion in exports from 206 companies in 84 communities in New York.⁷

Education and Research

In 2008-2009, 21,055 New York students studied abroad.⁸
During 2009-2010, 76,146 international students were enrolled in New York colleges and universities and contributed $2.29 billion to the New York economy.⁹

Global Engagement

Since 1961, 12,017 Peace Corps volunteers from New York have served in dozens of countries overseas.¹⁰
Support from U.S. government grants and contracts to private voluntary organizations engaged in foreign assistance and development in New York totaled over $700 million in 2008.¹¹

Download the Fact Sheet

http://businessroundtable.org/uploads/studies-reports/downloads/Trade_and_American_Jobs.pdf
http://ita.doc.gov/td/industry/otea/state_reports/
Anderson, Thomas and William J. Zeile. “U.S. Affiliates of Foreign Companies Operations in 2008”. Bureau of Economic Analysis, Department of Commerce. http://www.bea.gov/scb/pdf/2010/11%20November/1110_us_ops.pdf
http://ita.doc.gov/td/industry/otea/state_reports/
http://www.ita.doc.gov/td/industry/otea/state_reports/index.html
http://www.fas.usda.gov/info/factsheets/WTO/states.html
https://webappsprod01.exim.gov/apps/usmap/usmap.nsf
Institute of International Education. “Open Doors 2010 Report on International Educational Exchange Institute of International Education” STUDY ABROAD BY U.S. STATE http://www.iie.org/en/Research-and-Publications/Open-Doors/Data/Fact-Sheets-by-US-State
http://www.nafsa.org/publicpolicy/default.aspx?id=23158
http://multimedia.peacecorps.gov/multimedia/pdf/stats/homestates.pdf
http://www.pvo.net/usaid/