Indiana: Facts and Figures

While Indiana’s transportation and industrial manufacturing have long been profitable exports, its pharmaceutical exports are increasingly a driver of growth for the state -- leading to over $35 billion worth of goods exports in 2020. Overall, Indiana's international trade supports 740,000 jobs in the state.

Job Creation

  • In Indiana, 746,700 jobs were supported by international trade in 2018, representing 18.80% of all jobs in the state.1,2
  • In 2019, 8,568 companies exported goods from Indiana of which 84% were small- and medium-sized enterprises. In 2018, 215,800 people were employed by affiliates of companies at least 50% foreign-owned.3,4

Exports and Growth

  • Indiana exported $35.3 billion in goods to foreign markets in 2020, a 10% decline compared to 2019 driven by the impact of the COVID-19 pandemic on the global economy.5
    • Canada ($11.1 billion)
    • Mexico ($4.7 billion)
    • China ($2.8 billion)
    • Japan ($1.8 billion)
    • Germany ($1.8 billion)
  • Agricultural exports are important to Indiana's' economy, totaling $4.5 billion in 2019, according to the USDA.6
  • Since 2014, the U.S. Export-Import Bank has financed $2 billion in exports from 87 companies in Indiana.7
  • Since 1971, the Overseas Private Investment Corporation - which has been modernized into the Development Finance Corporation (DFC) - has invested $92 million in Indiana companies for overseas investment.8
  • Since 1992, the U.S. Trade and Development Agency has helped facilitate $171 million in exports from Indiana companies, supporting an estimated 960 jobs in the state.9

Education and Research

  • In 2018-2019, 12,146 Indiana students studied abroad.10
  • During 2020, 28,136 international students were enrolled in Indiana colleges and universities and contributed $921 million to the Indiana economy.10

Global Engagement

  • Since 1961, 3,536 Peace Corps volunteers from Indiana have served in dozens of countries overseas.11