New Jersey: Facts and Figures

Exports are an important economic driver in New Jersey, with 91% of New Jersey’s 19,000 exporting companies being small- or medium-sized businesses. New Jersey’s ports make it a prime location for international trade, which helps support more than 1.2 million jobs in the state and $70 billion in exports.

Job Creation

  • In New Jersey, 1,200,000 jobs were supported by trade, representing 20.0% of all jobs in the state.1,2
  • In 2023, 19,049 companies exported goods from New Jersey, of which 91% were small- and medium-sized enterprises. In 2022, 310,300 people were employed by affiliates of companies at least 50% foreign-owned.3,4

Exports and Growth

  • New Jersey exports about $70 billion in goods and services to overseas markets each year. 5
    • Canada ($11 billion)
    • Mexico ($4.4 billion)
    • United Kingdom ($4.1 billion)
    • Japan ($3.7 billion)
    • China ($3.4 billion)
  • Agricultural exports are important to New Jersey's economy, totaling $737 million annually, according to the USDA.6
  • Since 2014, the U.S. Export-Import Bank has financed $5 billion in exports from 165 companies in New Jersey.7
  • The Millennium Challenge Corporation has provided $55.1 million in funding to New Jersey organizations since the agency's inception in 2004.8
  • Since 1992, the U.S. Trade and Development Agency has helped facilitate $2.9 billion in exports from New Jersey companies.9

Education and Research

  • From 2024-2025, 26,738 international students were enrolled in New Jersey colleges and universities, contributing $950 million to the New Jersey economy.10

Global Engagement

  • Since 1961, 5,143 Peace Corps volunteers from New Jersey have served in dozens of countries overseas.11