Colorado: Facts and Figures

Colorado’s central location within the U.S., its supportive business climate and highly trained workforce, and the broad array of local products make exports an ideal path to economic growth. Colorado businesses currently export over $8 billion worth of goods annually. Overall, Colorado's international engagement supports more than 780,000 jobs in the state.

Job Creation

  • In Colorado, 788,900 jobs were supported by international trade in 2018, representing 20.40% of all jobs in the state.1,2
  • In 2019, 5,921 companies exported goods from Colorado of which 87% were small- and medium-sized enterprises. In 2018, 121,300 people were employed by affiliates of companies at least 50% foreign-owned.3,4

Exports and Growth

  • Colorado exported $8.3 billion in goods to foreign markets in 2020.5
    • Canada ($1.3 billion)
    • Mexico ($1.0 billion)
    • Malaysia ($609 million)
    • South Korea ($525 million)
    • China ($524 million)
  • Agricultural exports are important to Colorado's' economy, totaling $1.9 billion in 2019, according to the USDA.6
  • Since 2014, the U.S. Export-Import Bank has financed $148 million in exports from 65 companies in Colorado.7
  • Since 1971, the Overseas Private Investment Corporation - which has been modernized into the Development Finance Corporation (DFC) - has invested $1.7 billion in Colorado companies for overseas investment.8
  • Since 1992, the U.S. Trade and Development Agency has helped facilitate $146 million in exports from Colorado companies, supporting an estimated 800 jobs in the state.9

Education and Research

  • In 2018-2019, 6,770 Colorado students studied abroad.10
  • During 2020, 11,631 international students were enrolled in Colorado colleges and universities and contributed $429 million to the Colorado economy.10

Global Engagement

  • Since 1961, 7,615 Peace Corps volunteers from Colorado have served in dozens of countries overseas.11