Department of Commerce | International Trade Administration. Massachusetts Exports, Jobs, & Foreign. Investment. Exp
Massachusetts Exports, Jobs, & Foreign Investment Massachusetts Depends on World Markets •
Exports from Massachusetts helped contribute to the $2.21 trillion of U.S. goods and services exports in 2016.
$25.8 billion Massachusetts’s Top 5 Export Markets
Massachusetts’s Top 5 Export Categories
(Millions of U.S. Dollars)
(Millions of U.S. Dollars)
3,026 2,471
2,165
Massachusetts goods exports in 2016
Computer & Electronic Products
1,769
1,635
Machinery
3,323
Chemicals
3,319
Miscellaneous Manufactures Waste & Scrap
Exports Support Jobs •
Nationally, U.S. jobs supported by exports reached an estimated 11.5 million in 2015, up 1.9 million from 2009.
Jobs Supported by Total U.S. Exports Up by 1.9 Million Jobs Since 2009
9.6 million 3.8
111,875
were supported by manufactured goods exports
6.7 Services Goods
2009
A total of 10,867 companies exported from Massachusetts locations in 2014.
2,064
91% of these jobs
5.8
•
3,117
U.S. jobs supported by goods exports from Massachusetts in 2015
11.5 million 4.8
Exports Sustain Thousands of Massachusetts Businesses
6,952
9,711
2015
Number of small and medium-sized (SME) goods exporters in Massachusetts in 2014
SMEs account for 89% of Massachusetts goods exporters
...and 38% of known Massachusetts goods export value Exports from SMEs
SME Exporters
Updated February 2017
Department of Commerce
|
International Trade Administration
Massachusetts Exports, Jobs, & Foreign Investment Foreign Investment & Jobs in Massachusetts •
In 2014, foreign-owned companies employed 216,000 Massachusetts workers
Massachusetts Employment in Foreign-Owned Companies
United Kingdom
40,600
Netherlands
38,900
France
25,800
Canada
20,000
Germany
18,600
Free Trade Agreements •
•
The U.S. currently has 14 free trade agreements in force with 20 countries. Massachusetts’s exports to U.S. FTA partners totaled $8.1 billion in 2016.
Massachusetts’s Metropolitan Exports •
Boston-CambridgeNewton is the 14th largest metro area reporting exports nationwide.
7.1%
Number of Employees by Country of UBO
In 2016, exports to FTA markets accounted for 32% of Massachusetts exports
Share of Massachusetts private-industry employment at foreignowned firms
Since 2006, exports from Massachusetts to FTA markets have grown by
30%
Top Dollar Growth, 2006-16 (Millions of U.S. Dollars)
NAFTA
Current FTA Partners
1,507
Korea
104
Australia
62
Colombia
41
Peru
40
Metro Area
2015 Goods Export Value
Boston-Cambridge-Newton Providence-Warwick Worcester Springfield Pittsfield Barnstable Town
$21.3 billion $5.0 billion $3.1 billion $869 million $538 million $112 million
Share of State Exports * * * 3.2% 2.0% 0.4%
*Share of state exports unavailable for MSAs that cross state lines Prepared by the Office of Trade and Economic Analysis, International Trade Administration, U.S. Department of Commerce. For more resources please see www.trade.gov/mas/ian. Sources include resources from the U.S. Department of Commerce’s International Trade Administration, Bureau of the Census, and Bureau of Economic Analysis.
Updated February 2017
Department of Commerce
|
International Trade Administration
