Nicknamed “The Green Mountain State” located in America’s northeastern region, Vermont shipped US$1.89 billion worth of goods around the world in 2024.

That dollar amount reflects an -26.9% decline from $2.59 billion four years earlier during 2021.

Year over year, the overall value of Vermont’s exports retreated by -5.2% compared to $2 billion for 2023.

Vermont ranks as America’s 2nd smallest exporter by state ahead of only Hawaii.

The value of Vermont’s exports equals 0.1% of the United States’ overall exported products for 2024, same percentage as the year earlier.

Vermont’s exported products represent 4.1% of the state’s total economic output or nominal Gross Domestic Product in 2024 ($45.7 billion).

Given Vermont’s population of 648,493 people, its total US$1.89 billion in 2024 exports translates to roughly $2,900 for every resident in the Green Mountain State. That dollar metric lags the average $3,100 per capita in 2023.

Vermont’s unemployment rate was 2.5% at the end of September 2025, same as the average 2.5% one year earlier per YCharts.

Vermont’s Top 10 Exports

The following export products represent the highest dollar value in Vermont global shipments during 2024. Also shown is the percentage share each export category represents in terms of overall exports from Vermont.

Figures are shown at the more granular six-digit Harmonized Tariff System code level, for more precise product identification.

1. Miscellaneous integrated circuits: US$314.5 million (16.6% of Vermont’s total exports)
2. Integrated circuits (processors, controllers): $151.8 million (8%)
3. Physical exercise equipment: $87.3 million (4.6%)
4. Civilian aircraft full or engines or other aircraft parts: $78.2 million (4.1%)
5. Miscellaneous chocolate preparations in blocks: $64.2 million (3.4%)
6. Integrated circuits for amplifiers: $60.2 million (3.2%)
7. Clay-coated paper, paperboard: $58.5 million (3.1%)
8. Parts for machinery to work rubber or plastics: $47.7 million (2.5%)
9. Safety headgear including sportswear: $34.9 million (1.8%)
10. Miscellaneous items made from plastic: $32.2 million (1.7%)

Vermont’s top 10 exports were worth almost half (49.2%) of the overall value of the state’s global shipments.

The strongest gainer among Vermont’s top 10 export categories were miscellaneous chocolate preparations in relatively large blocks via a 131.7% advance from 2023.

Other increases belonged to Vermonter international sales of physical exercise equipment (up 6.2%), clay-coated paper and paperboard (up 4.8%), then processors and controllers for electronic integrated circuits (up 2.7%).

Double-digit percentage decliners among Vermont’s top 10 export products were civilian aircraft either fully assembled or engines or other aircraft parts (down -31.2% from 2023), safety headgear including sportswear (down -25.7%), electronic integrated circuits for amplifiers (down -15.6%) then miscellaneous items made from plastic (down -10.8%).

More Key Facts about Vermont’s International Trade

Vermont incurred an overall -US$1.61 billion trade deficit exporting and importing products during 2024. That dollar amount reflects a -9.7% retreat from -$1.79 billion in red ink 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.

Below are Vermont’s top 10 import products highlighting the state’s highest spending on foreign-made goods in 2024.

1. Miscellaneous chocolate preparations in blocks: US$459.7 million (13.1% of Vermont’s total imports)
2. Electrical energy: $341.7 million (9.8%)
3. Processed petroleum oils (not biodiesel): $194.8 million (5.6%)
4. Light petroleum oils (not biodiesel): $173.2 million (4.9%)
5. Liquified propane: $96 million (2.7%)
6. Revolvers, pistols: $77.8 million (2.2%)
7. Turbojet and turbopropeller parts: $73.4 million (2.1%)
8. Integrated circuits (processors, controllers): $46.8 million (1.3%)
9. Natural gas (gaseous state): $45.7 million (1.3%)
10. Male synthetic fiber suits, jackets, blazers: $45.6 million (1.3%)

Vermont has negative net exports in the international trade of commodities such as electrical energy, chocolate preparations and petroleum oils. In turn, these cashflows indicate Vermont’s competitive disadvantages under these product categories.

Vermont’s Major Trade Partners

The following list shows the top 10 customers that purchased about four-fifths (79.1%) worth of the total value of products exported from Vermont during 2024.

1. Canada: US$668.3 million (35.3% of Vermont’s total exports)
2. Taiwan: $254.3 million (13.5%)
3. mainland China: $138.8 million (7.3%)
4. Germany: $86.7 million (4.6%)
5. South Korea: $75.1 million (4%)
6. United Kingdom: $70.2 million (3.7%)
7. Mexico: $68.6 million (3.6%)
8. Hong Kong: $51.6 million (2.7%)
9. Netherlands: $48.9 million (2.6%)
10. France $32.8 million (1.7%)

Vermont’s top trade partners in North America (Canada and Mexico) bought 39% of the overall value of export sales from the Green Mountain State.

That percentage compares to 27.5% for importers in Asia (Taiwan, mainland China, South Korea and Hong Kong).

Vermonter Export Companies

Just one among all Vermont-based corporations rank among Fortune 1000 Companies, a list that showcases America’s largest businesses.

That company is Keurig Green Mountain, Inc.–a specialty coffee and coffee maker business that was previously called Green Mountain Coffee Roasters.

In addition to coffee-related products, Keurig Green Mountain also sells tea, cocoa and K-Cup pods on domestic as well as international markets.
 

Vermont’s capital is Montpelier, America’s smallest city in terms of population that serves as state capital.

See also North Dakota’s Top 10 Exports, Montana’s Top 10 Exports, Wisconsin’s Top 10 Exports, Arizona’s Top 10 Exports and Maryland’s Top 10 Exports

Research Sources:
FlagPictures.org, Flags of US States. Accessed on January 22, 2026

Forbes, 2021 Global 2000 rankings, The World’s Biggest Public Companies. Accessed on January 22, 2026

GeoLounge, Fortune 1000 Companies List, Fortune 1000 by State and Place. Accessed on January 22, 2026

International Trade Centre, Trade Map. Accessed on January 22, 2026

Investopedia, Net Exports Definition. Accessed on January 22, 2026

State Symbols USA, State Nicknames. Accessed on January 22, 2026

Statista, Real gross domestic product of Vermont. Accessed on January 22, 2026

United States Census Bureau, QuickFacts: Vermont. Accessed on January 22, 2026

USA Trade Online, Official Source of Trade Statistics. Accessed on January 22, 2026

Wikipedia, Category:Companies based in Vermont. Accessed on January 22, 2026

Wikipedia, List of U.S. states and territories by GDP. Accessed on January 22, 2026

Wikipedia, Vermont. Accessed on January 22, 2026

YCharts, Regional and State Employment and Unemployment Report. Accessed on January 22, 2026