Arizona’s global economic profile soared in 2025 as the state posted record-breaking international trade and foreign direct investment figures, underscoring its emergence as a leading U.S. hub for advanced industries and global commerce.
According to newly released data from the Arizona Commerce Authority, the state’s exports and imports expanded significantly, with strong gains across high-tech sectors and an especially notable rise in trade with Taiwan.
Arizona companies exported $44.4 billion in goods in 2025 — a 37 % increase over the prior year and among the fastest export growth rates in the nation — far outpacing the U.S. average. The state also saw massive increases in imports and international investment, creating thousands of new jobs statewide.
Key highlights include Arizona’s top rankings in several advanced export categories:
- #1 in Metal Ores ($2.7 B, +19.9 %)
- #3 in Computer Equipment ($9 B, +205 %)
- #5 in Semiconductors & Electronic Components ($6.3 B, +84 %)
- #8 in Medical & Control Instruments ($2.4 B, +14 %)
- #10 in Aerospace Parts ($5.6 B, +4.3 %)
These gains reflect Arizona’s continued strength in manufacturing, technology, and innovation, all sectors that are driving the state’s global export footprint.
“Arizona has emerged on the world stage as a global economic powerhouse, leading to more family-sustaining jobs and generational opportunity for Arizonans,” said Governor 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.”
Taiwan’s rapid climb on Arizona’s trade chart
One of the most striking developments in the new data is the surge in economic exchange with Taiwan. In 2025, Taiwan surpassed both Canada and China to become Arizona’s second-largest trading partner behind Mexico, with total trade exceeding $21.2 billion.
This remarkable rise marks a major shift in Arizona’s global trade relationships and underscores the deepening economic ties between the state and one of the world’s most important technology and manufacturing economies. Led by key components and advanced technologies, Arizona’s imports from Taiwan rose sharply, while exports also expanded meaningfully.
The upswing with Taiwan reflects successful international trade missions, enhanced business partnerships, and increased cross-border investment activity. Earlier efforts by state leaders to promote Arizona’s workforce, innovation ecosystem, and business climate abroad have helped elevate the state’s global competitiveness, particularly in sectors like semiconductors and computing. The growing collaboration also mirrors broader geopolitical trade developments boosting tech-focused cooperation between the U.S. and Taiwan.
Chamber and Business Leaders Weigh In
Business and civic leaders highlighted the significance of these gains for Arizona’s long-term economic prospects. Danny Seiden, president and CEO of the Arizona Chamber of Commerce & Industry, emphasized the role of sound public policy and a stable business climate in fueling trade growth.
“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,” Seiden said. “These record trade gains underscore why a competitive, predictable environment matters.”
Sandra Watson, president and CEO of the Arizona Commerce Authority, noted that the state’s strategic emphasis on international engagement is paying dividends across industries, driving job creation and innovation opportunities for communities statewide.
“Arizona’s global prominence has never been greater,” Watson said. “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 global economic outlook
With more than $195 billion in foreign direct investment announced since 2020 and a robust pipeline of projects from international partners including Taiwan and Japan, Arizona’s role on the global economic stage continues to strengthen. The state attracted 55 new foreign investment projects in 2025 alone, projected to generate more than 25,000 new jobs.