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On November 6, 2025, New Jersey's international trade sector received a significant boost as the state's businesses set new records for exports and imports. With a focus on expanding global markets and fostering foreign partnerships, New Jersey is positioning itself as a key player in the global economy.According to the latest data from the New Jersey Department of Commerce, the state's exports grew by 12% in the third quarter of 2025, reaching a total of $10 billion. This marks the highest quarterly export revenue in the state's history, demonstrating the resilience and competitiveness of New Jersey's businesses on the international stage.Leading the pack in export revenue were pharmaceutical products, electronic devices, and machinery, which accounted for nearly half of the state's total exports. Companies such as Johnson & Johnson, Merck & Co., and Siemens AG contributed significantly to New Jersey's export success, capitalizing on strong global demand for their products.On the import side, New Jersey saw a 8% increase in foreign goods entering the state, with a total value of $8.5 billion in the third quarter. The rise in imports was driven by growing consumer demand for foreign automobiles, apparel, and consumer electronics, as well as a strengthening dollar that made overseas goods more affordable for New Jersey residents.New Jersey's international trade growth is not only beneficial for businesses but also for the state's economy as a whole. The influx of foreign investments, job creation, and increased economic activity are helping to drive prosperity and create opportunities for residents across the state.Governor Sarah Davis praised the ongoing success of New Jersey's international trade sector, stating, "Our state's businesses are proving that they can compete and excel in the global marketplace. By continuing to foster strong partnerships with countries around the world, we are expanding our economic reach and securing a brighter future for all New Jerseyans."Looking ahead, New Jersey plans to further enhance its international trade efforts by investing in infrastructure, expanding export assistance programs, and strengthening relationships with key trading partners. With a strong commitment to driving economic growth through global trade, New Jersey is well-positioned to solidify its status as a leading player in the international arena.