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 20.4% of all jobs in the state.1,2
  • In 2018, 5,862 companies exported goods from Colorado of which 87% were small- and medium-sized enterprises. In 2017, 113,100 people were employed by affiliates of companies at least 50% foreign-owned.2,3

Exports and Growth

  • Colorado exported $8.1 billion in goods to foreign markets in 2019. Colorado's largest markets in 2019 were:4
    • Canada ($1.4 billion)
    • Mexico ($1.1 billion)
    • South Korea ($542 million)
    • China ($524 million)
    • Malaysia ($468 million)
  • Agricultural exports are important to Colorado's' economy, totaling $1.9 billion in 2018, according to the USDA.5
  • Since 2014, the U.S. Export-Import Bank has financed $136 million in exports from 60 companies in Colorado.6
  • 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.7
  • Since 1992, the U.S. Trade and Development Agency has helped facilitate $139 million in exports from Colorado companies, supporting an estimated 800 jobs in the state.8

Education and Research

  • In 2017-2018, 6,406 Colorado students studied abroad.9
  • During 2019, 11,888 international students were enrolled in Colorado colleges and universities and contributed $471 million to the Colorado economy.9

Global Engagement

  • Since 1961, 7,615 Peace Corps volunteers from Colorado have served in dozens of countries overseas.10