Virginia-based companies depend on exporting their goods and services around the world. Over 7,100 Virginia companies supporting 1.1 million jobs export about $47 billion worth of goods and services annually. American innovation and quality are in demand around the world, and Virginia is poised to meet that demand in both manufacturing and services.

• In Virginia, 1,100,000 jobs were supported by trade, representing 20.0% of all jobs in the state.^1,2
• In 2023, 7,111 companies exported goods from Virginia, of which 84% were small- and medium-sized enterprises. In 2022, 209,600 people were employed by affiliates of companies at least 50% foreign-owned.^3,4

• Virginia exported $47 billion in goods and services to foreign markets in 2023. ⁵
  • Canada ($5.8 billion)
  • United Kingdom ($2.8 billion)
  • India ($2.6 billion)
  • Mexico ($2.5 billion)
  • China ($2.5 billion)
• Agricultural exports are important to Virginia's economy, totaling $1.3 billion annually, according to the USDA.⁶
• Since 2014, the U.S. Export-Import Bank has financed $1 billion in exports from 86 companies in Virginia.⁷
• Since 1992, the U.S. Trade and Development Agency has helped facilitate $255 million in exports from Virginia companies.⁹

• From 2023-2024, 21,243 international students were enrolled in Virginia colleges and universities, contributing $807 million to the Virginia economy.¹⁰

• Since 1961, 8,636 Peace Corps volunteers from Virginia have served in dozens of countries overseas.¹¹

1. https://www.uschamber.com/international/trade-agreements/trade-means-growth-for-america?state=
2. https://www.census.gov/foreign-trade/Press-Release/edb/edbrel2023.pdf
3. https://www.bea.gov/sites/default/files/2024-11/imne-1124.pdf
4. https://www.uschamber.com/international/trade-agreements/trade-means-growth-for-america
5. https://www.trade.gov/data-visualization/state-trade-and-economy-factsheets
6. https://www.ers.usda.gov/data-products/state-agricultural-trade-data
7. https://www.ers.usda.gov/data-products/state-agricultural-trade-data/annual-state-agricultural-exports
8. https://www.exim.gov/customer-map/
9. https://www.mcc.gov/work-with-us/contracts-map
10. https://files.peacecorps.gov/documents/Home_states_of_Peace_Corps_volunteers.pdf
11. https://opendoorsdata.org/fact_sheets/state-fact-sheets/