Alabama: Facts and Figures

Alabama's international engagement fuels job growth and increases exports. Alabama companies exported over $17 billion in goods last year, which helped support more than 530,000 jobs in the state. The majority of companies that export from Alabama are small and medium sized businesses.

Job Creation

  • In Alabama, 534,600 jobs were supported by international trade in 2018, representing 19.90% of all jobs in the state.1,2
  • In 2019, 4,205 companies exported goods from Alabama of which 80% were small- and medium-sized enterprises. In 2018, 120,400 people were employed by affiliates of companies at least 50% foreign-owned.3,4

Exports and Growth

  • Alabama exported $17.1 billion in goods to foreign markets in 2020, an 18% decline compared to 2019 driven by the impact of the COVID-19 pandemic on the global economy.5
    • China ($3.1 billion)
    • Canada ($2.9 billion)
    • Germany ($2.2 billion)
    • Mexico ($1.8 billion)
    • Japan ($702 million)
  • Agricultural exports are important to Alabama's' economy, totaling $1.4 billion in 2019, according to the USDA.6
  • Since 2014, the U.S. Export-Import Bank has financed $329 million in exports from 51 companies in Alabama.7
  • Since 1971, the Overseas Private Investment Corporation - which has been modernized into the Development Finance Corporation (DFC) - has invested $197 million in Alabama companies for overseas investment.8
  • Since 1992, the U.S. Trade and Development Agency has helped facilitate $222 million in exports from Alabama companies, supporting an estimated 1,120 jobs in the state.9

Education and Research

  • In 2018-2019, 3,920 Alabama students studied abroad.10
  • During 2020, 9,376 international students were enrolled in Alabama colleges and universities and contributed $326 million to the Alabama economy.10

Global Engagement

  • Since 1961, 1,253 Peace Corps volunteers from Alabama have served in dozens of countries overseas.11