Arizona Ranks #1 for Foreign Direct Investment, Reaching $108B in 2025

April 01, 2026

According to the Arizona Commerce Authority (ACA), Arizona experienced a record-breaking level of international growth in 2025, including:

  • Generating more than $1B in foreign direct investment
  • Creating thousands of new jobs in skilled, in-demand industries
  • Growing Arizona exports by 37%, reaching more than $44B
  • Leading the nation in international investment, with nearly $200B announced since 2020

fDi Markets’ latest reporting shows Arizona secured 55 foreign direct investment projects in 2025, representing $107.7B in capital investment and more than 25,000 projected new jobs. The leading source countries by number of projects were Japan (15), Canada (14) and Taiwan (7).

Arizona ranked among the top U.S. exporters in multiple advanced industries, including Metal Ores (#1, $2.7B), Computer Equipment (#3, $9B), Semiconductors and Other Electronic Components (#5, $6.3B), Navigational, Measuring, Electromedical and Control Instruments (#8, $2.4B) and Aerospace Parts and Products (#10, $5.6B).

As Arizona’s strong international investment growth has evolved over recent years, so has its trading partners. In 2025, Arizona’s top five trading partners, in order of total trade, included Mexico ($14.6B), Taiwan ($4.5B), Canada ($2.8B), the Netherlands ($2.4B) and Germany ($1.6B).

“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.”

 

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