Arizona’s strong global ties fueled record-breaking trade and international investment in 2025, attracting 55 foreign direct investment projects totaling $107.7 billion and more than 25,000 projected new jobs, according to fDi Markets. From 2020 to 2025, Arizona led all states as the No. 1 destination for international investment, with more than $195.7 billion announced. 

“Arizona has emerged on the world stage as a global economic powerhouse, leading to more family-sustaining jobs and generational opportunity for Arizonans,” said Gov. Katie Hobbs. “I’m proud that Arizona is setting the pace for innovation and technological progress and proving what’s possible when we lead boldly.” 

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Exports by Arizona companies surged from $32.4 to $44.4 billion – a 37% increase and the second fastest growth in the nation. By comparison, U.S. exports grew by 5.7%. Arizona ranked among the top U.S. exporters in multiple advanced industries: 

  • 1st for Metal Ores, with $2.7 billion exported (up 19.9%)
  • 3rd for Computer Equipment, with $9 billion exported (up 205%)
  • 5th for Semiconductor and Other Electronic Components, with $6.3 billion exported (up 84%)
  • 8th for Navigational, Measuring, Electromedical and Control Instruments, with $2.4 billion exported (up 14%)
  • 10th for Aerospace Parts and Products, with $5.6 billion exported (up 4.3%) 

“Arizona’s global prominence has never been greater,” said Sandra Watson, President and CEO of the Arizona Commerce Authority. “Our record-setting trade and investment reflect a bold strategy and strategic partnerships, leading to more jobs, innovation, and opportunity for communities across our state.” 

Arizona’s top export countries in 2025 included Mexico ($14.6 billion), Taiwan ($4.5 billion), Canada ($2.8 billion), the Netherlands ($2.4 billion), and Germany ($1.6 billion). Taiwan surpassed Canada and China to become Arizona’s second-largest trading partner (behind Mexico), with more than $21.2 billion in total trade.

Arizona imported $57.4 billion worth of goods in 2025, a 36% increase. Arizona’s top import countries in 2025 included Taiwan ($16.7 billion), Mexico ($14 billion), China ($2.8 billion), Malaysia ($2.8 billion), and Canada ($2.8 billion). 

“Arizona’s growth in global trade didn’t happen by accident. It reflects years of smart policy, collaboration between the public and private sectors, and a business climate that gives companies the confidence to invest, hire, and expand here,” said Danny Seiden, President and CEO of the Arizona Chamber of Commerce & Industry. “These record trade gains underscore why a competitive, predictable environment matters.”