Michigan: Facts and Figures

Michigan’s preeminence in manufacturing and industrial research & development make it the ideal home for export-based industries, and its strategic location offers easy access to Asian, European, and North and South American markets. Overall, Michigan exported over $44 billion worth of goods in 2020, with international trade supporting more than 1.1 million good-paying Michigan jobs.

Job Creation

  • In Michigan, 1,105,400 jobs were supported by international trade in 2018, representing 19.30% of all jobs in the state.1,2
  • In 2019, 14,773 companies exported goods from Michigan of which 89% were small- and medium-sized enterprises. In 2018, 313,000 people were employed by affiliates of companies at least 50% foreign-owned.3,4

Exports and Growth

  • Michigan exported $44.0 billion in goods to foreign markets in 2020, a 21% decline compared to 2019 driven by the impact of the COVID-19 pandemic on the global economy.5
    • Canada ($17.3 billion)
    • Mexico ($8.7 billion)
    • China ($2.5 billion)
    • Germany ($1.6 billion)
    • South Korea ($1.3 billion)
  • Agricultural exports are important to Michigan's' economy, totaling $2.7 billion in 2019, according to the USDA.6
  • Since 2014, the U.S. Export-Import Bank has financed $3 billion in exports from 153 companies in Michigan.7
  • Since 1971, the Overseas Private Investment Corporation - which has been modernized into the Development Finance Corporation (DFC) - has invested $1.7 billion in Michigan companies for overseas investment.8
  • Since 1992, the U.S. Trade and Development Agency has helped facilitate $116 million in exports from Michigan companies, supporting an estimated 670 jobs in the state.9

Education and Research

  • In 2018-2019, 11,520 Michigan students studied abroad.10
  • During 2020, 31,408 international students were enrolled in Michigan colleges and universities and contributed $1.1 billion to the Michigan economy.10

Global Engagement

  • Since 1961, 7,743 Peace Corps volunteers from Michigan have served in dozens of countries overseas.11