Louisiana: Facts and Figures

As the shipping gateway to the Gulf of Mexico, Louisiana benefits from not only from its own exports but also from its role as a main port for billions of dollars in goods from across the country. In 2019, Louisana exported over $63 billion worth of goods to international markets, which helped supports more than 570,000 good-paying Louisiana jobs.

Job Creation

  • In Louisiana, 570,500 jobs were supported by international trade in 2018, representing 20.9% of all jobs in the state.1,2
  • In 2018, 3,789 companies exported goods from Louisiana of which 85% were small- and medium-sized enterprises. In 2017, 70,000 people were employed by affiliates of companies at least 50% foreign-owned.2,3

Exports and Growth

  • Louisiana exported $63.7 billion in goods to foreign markets in 2019. Louisiana's largest markets in 2019 were:4
    • Mexico ($8.4 billion)
    • China ($5 billion)
    • Brazil ($3.8 billion)
    • South Korea ($3.6 billion)
    • Netherlands ($3.1 billion)
  • Agricultural exports are important to Louisiana's' economy, totaling $1.4 billion in 2018, according to the USDA.5
  • Since 2014, the U.S. Export-Import Bank has financed $864 million in exports from 100 companies in Louisiana.6
  • Since 1971, the Overseas Private Investment Corporation - which has been modernized into the Development Finance Corporation (DFC) - has invested $493 million in Louisiana companies for overseas investment.7
  • Since 1992, the U.S. Trade and Development Agency has helped facilitate $177 million in exports from Louisiana companies, supporting an estimated 1,020 jobs in the state.8

Education and Research

  • In 2017-2018, 2,158 Louisiana students studied abroad.9
  • During 2019, 7,428 international students were enrolled in Louisiana colleges and universities and contributed $265 million to the Louisiana economy.9

Global Engagement

  • Since 1961, 1,214 Peace Corps volunteers from Louisiana have served in dozens of countries overseas.10