Vermont manufacturers thrive thanks to its exports to overseas markets, which help support nearly 87,000 jobs in the state and $2.5 billion in goods. While Vermont is famous for its maple syrup, the state’s computer and electrical manufacturing sectors are also in high demand around the world.

Job Creation

  • In Vermont, 86,800 jobs were supported by international trade in 2019, representing 19.7% of all jobs in the state.1,2
  • In 2020, 1,017 companies exported goods from Vermont of which 86% were small- and medium-sized enterprises. In 2018, 15,200 people were employed by affiliates of companies at least 50% foreign-owned.3,4

Exports and Growth

  • Vermont exported $2.6 billion in goods to foreign markets in 2021, an 8% increase compared to 2020 driven by continued economic recovery from the impact of the COVID-19 pandemic on the global economy.5
    • Canada ($777 million)
    • Taiwan ($465 million)
    • China ($211 million)
    • South Korea ($145 million)
    • Hong Kong ($119 million)
  • Agricultural exports are important to Vermont's' economy, totaling $226 million in 2020, according to the USDA.6
  • Since 2014, the U.S. Export-Import Bank has financed $254 million in exports from 10 companies in Vermont.7

Education and Research

  • During 2020, 1,292 international students were enrolled in Vermont colleges and universities and contributed $60 million to the Vermont economy.10

Global Engagement

  • Since 1961, 1,622 Peace Corps volunteers from Vermont have served in dozens of countries overseas.11