Tennessee: Facts and Figures

Tennessee exports a large range of goods and services, from manufactured goods like automobiles and electronics to chemicals and its world-famous whiskey. Tennessee exports about $53 billion worth of these goods and services annually, helping to support over 840,000 jobs in the state. 83% of Tennessee companies that export their products are also small- or medium-sized businesses.

Job Creation

  • In Tennessee, 840,000 jobs were supported by trade, representing 20.0% of all jobs in the state.1,2
  • In 2023, 7,081 companies exported goods from Tennessee, of which 83% were small- and medium-sized enterprises. In 2022, 213,000 people were employed by affiliates of companies at least 50% foreign-owned.3,4

Exports and Growth

  • Tennessee exported $53 billion in goods and services to foreign markets in 2023. 5
    • Canada ($10.4 billion)
    • Mexico ($7 billion)
    • China ($3.9 billion)
    • Netherlands ($2.9 billion)
    • Japan ($2.7 billion)
  • Agricultural exports are important to Tennessee's economy, totaling $2 billion annually, according to the USDA.6
  • Since 2014, the U.S. Export-Import Bank has financed $2 billion in exports from 69 companies in Tennessee.7
  • Since 1992, the U.S. Trade and Development Agency has helped facilitate $24 million in exports from Tennessee companies.9

Education and Research

  • From 2023-2024, 10,041 international students were enrolled in Tennessee colleges and universities, contributing $370 million to the Tennessee economy.10

Global Engagement

  • Since 1961, 2,096 Peace Corps volunteers from Tennessee have served in dozens of countries overseas.11