Massachusetts’ world-class workforce and educational institutions make the state a central location for the export of cutting-edge technology. Massachusetts’ medical equipment, high tech instruments, and industrial machinery are in high demand across the globe, with Massachusett’s goods exports totaling $32.7 billion in 2022.

Job Creation

  • In Massachusetts, 1,046,200 jobs were supported by international trade in 2019, representing 21.2% of all jobs in the state.1,2
  • In 2020, 9,521 companies exported goods from Massachusetts of which 88% were small- and medium-sized enterprises. In 2018, 227,600 people were employed by affiliates of companies at least 50% foreign-owned.3,4

Exports and Growth

  • Massachusetts exported $32.5 billion in goods to foreign markets in 2021, a 31% increase compared to 2020 driven by continued economic recovery from the impact of the COVID-19 pandemic on the global economy.5
    • China ($3.7 billion)
    • Canada ($3.6 billion)
    • Mexico ($2.9 billion)
    • Germany ($2.2 billion)
    • Netherlands ($2.1 billion)
  • Agricultural exports are important to Massachusetts's' economy, totaling $262 million in 2020, according to the USDA.6
  • Since 2014, the U.S. Export-Import Bank has financed $2 billion in exports from 107 companies in Massachusetts.7
  • Since 1992, the U.S. Trade and Development Agency has helped facilitate $1.3 billion in exports from Massachusetts companies.9

Education and Research

  • During 2020, 71,026 international students were enrolled in Massachusetts colleges and universities and contributed $3.1 billion to the Massachusetts economy.10

Global Engagement

  • Since 1961, 8,763 Peace Corps volunteers from Massachusetts have served in dozens of countries overseas.11