Utah: Facts and Figures

Utah’s exports help to keep the state’s economy strong, with the state exporting $27 billion in goods and services annually. Over 430,000 jobs in the state depend on international trade, with more than 3,800 companies across the state exporting goods. 85% of these companies are also small- and medium-sized businesses.

Job Creation

  • In Utah, 430,000 jobs were supported by trade, representing 20.0% of all jobs in the state.1,2
  • In 2023, 3,801 companies exported goods from Utah, of which 85% were small- and medium-sized enterprises. In 2022, 56,600 people were employed by affiliates of companies at least 50% foreign-owned.3,4

Exports and Growth

  • Utah exported $27 billion in goods and services to foreign markets in 2023. 5
    • United Kingdom ($8.3 billion)
    • Canada ($2.4 billion)
    • Mexico ($1.8 billion)
    • China ($1.7 billion)
    • Japan ($1.2 billion)
  • Agricultural exports are important to Utah's economy, totaling $512 million annually, according to the USDA.6
  • Since 2014, the U.S. Export-Import Bank has financed $237 million in exports from 27 companies in Utah.7
  • Since 1992, the U.S. Trade and Development Agency has helped facilitate $67 million in exports from Utah companies.9

Education and Research

  • From 2023-2024, 9,799 international students were enrolled in Utah colleges and universities, contributing $292 million to the Utah economy.10

Global Engagement

  • Since 1961, 1,204 Peace Corps volunteers from Utah have served in dozens of countries overseas.11