Exports are a rapidly growing part of Nevada’s economy, with the state exporting over $10.5 billion worth of goods overseas in 2021, and international trade supporting nearly 418,000 jobs in the state.
Job Creation
In Nevada, 417,500 jobs were supported by international trade in 2019, representing 22.0% of all jobs in the state.1,2
In 2020, 3,247 companies exported goods from Nevada of which 85% were small- and medium-sized enterprises. In 2018, 57,500 people were employed by affiliates of companies at least 50% foreign-owned.3,4
Exports and Growth
Nevada exported $10.6 billion in goods to foreign markets in 2021, a 3% increase compared to 2020 driven by continued economic recovery from the impact of the COVID-19 pandemic on the global economy.5
Switzerland ($2.1 billion)
Mexico ($1.6 billion)
Canada ($1.5 billion)
China ($1.2 billion)
Germany ($369 million)
Agricultural exports are important to Nevada's' economy, totaling $142 million in 2020, according to the USDA.6
Since 2014, the U.S. Export-Import Bank has financed $99 million in exports from 26 companies in Nevada.7
Since 1971, the Overseas Private Investment Corporation - which has been modernized into the Development Finance Corporation (DFC) - has invested $393 million in Nevada companies for overseas investment.8
Since 1992, the U.S. Trade and Development Agency has helped facilitate $65 million in exports from Nevada companies.9
Education and Research
In 2018-2019, 1,140 Nevada students studied abroad.10
During 2020, 2,642 international students were enrolled in Nevada colleges and universities and contributed $73 million to the Nevada economy.10
Global Engagement
Since 1961, 1,070 Peace Corps volunteers from Nevada have served in dozens of countries overseas.11