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 2020, Louisana exported over $59 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 20.90% of all jobs in the state.1,2
  • In 2019, 3,808 companies exported goods from Louisiana of which 85% were small- and medium-sized enterprises. In 2018, 76,800 people were employed by affiliates of companies at least 50% foreign-owned.3,4

Exports and Growth

  • Louisiana exported $59.6 billion in goods to foreign markets in 2020, a 6% decline compared to 2019 driven by the impact of the COVID-19 pandemic on the global economy.5
    • China ($10.8 billion)
    • Mexico ($5.4 billion)
    • South Korea ($3.7 billion)
    • Brazil ($3.0 billion)
    • Netherlands ($2.8 billion)
  • Agricultural exports are important to Louisiana's' economy, totaling $1.5 billion in 2019, according to the USDA.6
  • Since 2014, the U.S. Export-Import Bank has financed $915 million in exports from 105 companies in Louisiana.7
  • 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.8
  • Since 1992, the U.S. Trade and Development Agency has helped facilitate $171 million in exports from Louisiana companies, supporting an estimated 1,020 jobs in the state.9

Education and Research

  • In 2018-2019, 2,384 Louisiana students studied abroad.10
  • During 2020, 7,177 international students were enrolled in Louisiana colleges and universities and contributed $250 million to the Louisiana economy.10

Global Engagement

  • Since 1961, 1,214 Peace Corps volunteers from Louisiana have served in dozens of countries overseas.11