
That dollar amount results from a 13.5% increase from $30 billion back in 2021.
Year over year, the overall value of Oregonian exports accelerated by 22.8% compared to $27.7 billion during 2023.
Oregon ranks 19th among America’s 25 most lucrative exporters by state well behind front-runners like Texas, California, New York state, Louisiana, and Illinois.
The value of Oregon’s exports equals 1.6% of United States’ overall exported products for 2024, up from 1.4% for 2023.
Oregon’s exported products represent 10.3% of the state’s total economic output or nominal Gross Domestic Product ($331 billion in 2024).
The most valuable products shipped from Oregon are processors and controllers for electronic integrated circuits, miscellaneous vehicle parts or accessories, and machines for making semi-conductor devices. Collectively, those leading product categories generated over two-fifths (44%) of Oregon’s overall export sales during 2024..
Given Oregon’s population of 4.3 million people, its total US$34.1 billion in 2024 exports translates to roughly $8,000 for every resident in the Pacific Northwest state. That dollar metric exceeds the average $6,500 per capita one year earlier in 2023.
Oregon’s unemployment rate was 4.6% at the end of March 2025, up from 4.1% one year earlier per YCharts.
Oregon’s Top 10 Exports
The following export products represent the highest dollar value in Oregon global shipments during 2024. Also shown is the percentage share each export category represents in terms of overall exports from Oregon.
Figures are shown at the more granular six-digit Harmonized Tariff System code level, for more precise product identification.
- Integrated circuits (processors, controllers): US$10.7 billion (31.4% of total Oregonian exports)
- Miscellaneous vehicle parts, accessories: $3 billion (8.7%)
- Machinery for making semi-conductor devices: $1.3 billion (3.9%)
- Potassium chloride: $1.02 billion (3.0%)
- Compression-ignition piston engines: $10 billion (2.9%)
- Wheat, meslin: $788.1 million (2.3%)
- Parts, accessories of machines to make semi-conductors: $591.1 million (1.7%)
- Miscellaneous electronic integrated circuits: $518.9 million (1.5%)
- Semi-trailer road tractors: $510.9 million (1.5%)
- Civilian aircraft, aircraft engines or other parts: $496.8 million (1.5%)
Oregon’s top 10 export product categories accounted for 58.4% of the overall value of the state’s global shipments.
Compression-ignition piston engines posted the strongest percentage gain, up by 659.5% from 2023 to 2024.
In second place for annual revenue growth were processors and controllers for electronic integrated circuits (up 95% from 2023) ahead of Oregonian exports of wheat and meslin (up 86.4%) then Oregon’s exports of potassium chloride (up 63.8%).
The severest year-over-year decliners were semi-trailer road tractors (down -26.6% from 2023), miscellaneous vehicle parts or accessories (down -25.8%), fully assembled civilian aircraft or aircraft engines or other aircraft parts (down -20.9%), then machinery used to manufacture semi-conductor devices (down -12.6%).
More Key Facts about Oregon’s International Trade
Oregon generated an overall US$5.83 billion surplus exporting and importing products during 2024. That dollar amount reflects a -30.5% decline from $8.38 billion in black ink earned for 2023.
Another way of saying surplus or deficit is positive or negative net exports. In a nutshell, the term “net exports” quantifies the amount by which foreign spending on a state’s goods or services exceeds or lags that same state’s spending on foreign goods or services.
All told, Oregon spent a total $28.2 billion on goods imported during 2024 up 45.8% from $19.4 billion in spending for 2023.
Below are Oregon’s top 10 import products highlighting the state’s highest spending on foreign-made goods in 2024.
- Integrated circuits (processors/controllers): $5.4 billion (19% of total Oregonian imports)
- Vehicles with both spark-ignition plus electric motors: $1.6 billion (5.8%)
- Machinery for making semi-conductor devices: $1.4 billion (4.9%)
- Voice, image, data machinery: $1.3 billion (4.5%)
- Large automobiles (piston engine): $1 billion (3.6%)
- Lithium ion batteries: $884.1 million (3.1%)
- Parts, accessories of machinery for making semi-conductors: $810.1 million (2.9%)
- Potassium chloride: $705.7 million (2.5%)
- Miscellaneous semi-conductor devices: $596.7 million (2.1%)
- Refined petroleum oils excluding biodiesel: $539.7 million (1.9%)
Oregon has positive net exports in the international trade of electronic integrated circuits. In turn, these cashflows indicate Oregon’s competitive advantages under the related product category which creates a strong positive impact on Oregon’s global balance sheet.
Oregon’s Major Trading Partners
The following list shows the top 10 customers that purchased over four-fifths (82%) worth of the total value of products exported from Oregon during 2024.
- Mexico: $6.3 billion (18.4% of total Oregonian exports)
- mainland China: $5.9 billion (17.2%)
- Malaysia: $4.7 billion (13.7%)
- Canada: $3.3 billion (9.6%)
- Vietnam: $2.7 billion (7.9%)
- South Korea: $1.33 billion (3.9%)
- Japan: $1.3 billion (3.8%)
- Ireland: $869.9 million (2.6%)
- Taiwan: $843.9 million (2.5%)
- Israel: $791 million (2.3%)
Oregon’s top trading partners located in Asia (mainland China, Malaysia, Vietnam, South Korea, Japan and Taiwan) bought 49.1% of the overall value of exported goods from the state.
In comparison, Oregon sold 28% worth of its exported goods to customers located in North America (Mexico and Canada).
Oregonian Export Companies
Just two of Oregon-headquartered corporations rank among Fortune 500 companies as of February 2024, according to the State of Oregon’s Employment Department. These two revenue leaders are Nike, an athletic footwear and apparel multi-national supplier, and automotive retailer Lithia Motors.
Wikipedia identifies other large businesses with headquarters within Oregon States. One example is the world’s largest commercial firm specializing in the design and production of thermal imaging cameras, components and imaging sensors, namely FLIR Systems which is based in Wilsonville, Oregon.
Other large companies with their head offices in Oregon include the following.
- Columbia Sportswear (outerwear, sportswear, footwear)
- NW Natural (natural gas)
- Schnitzer Steel Industries (steel manufacturer, scrap metal recycler)
Shown within brackets for each company is a summary of the international trade-related product category in which each company conducts business.
Oregon’s capital city is Salem.
See also Ohio’s Top 10 Exports, Alabama’s Top 10 Exports, Top 10 Exports from Georgia State, Louisiana’s Top 10 Exports and Tennessee’s Top 10 Exports
Research Sources:
FlagPictures.org, Flags of US States. Accessed on May 11, 2025
Forbes 2023 Global 2000 rankings, The World’s Biggest Public Companies. Accessed on May 11, 2025
IBIS World, State Economic Profile (including GDP). Accessed on May 11, 2025
International Trade Centre, Trade Map. Accessed on May 11, 2025
Investopedia, Net Exports Definition. Accessed on May 11, 2025
State of Oregon Employment Department, Oregon’s Company Headquarters: Strong Growth and High Wages. Accessed on May 11, 2025
United States Census Bureau, QuickFacts: Oregon. Accessed on May 11, 2025
USA Trade Online, Official Source of Trade Statistics. Accessed on May 11, 2025
Wikipedia, Oregon. Accessed on May 11, 2025
Wikipedia, List of Companies based in Oregon. Accessed on May 11, 2025
YCharts, Regional and State Employment and Unemployment Report. Accessed on May 11, 2025