Fastest Growing Industries by Exports in United States in 2025

• 1. Oil and Gas Drilling Equipment Manufacturing in the US

  Growth in Exports for 2025: 486.1%

  Major global events, like the pandemic and the Ukraine war, have greatly impacted machinery manufacturers by creating significant volatility in commodity prices. Major production and travel slowdowns harmed demand for oil and gas, resulting in fewer extraction projects and lowering the need for machinery. Still, Russia's invasion of Ukraine led to sanctions placed on Russia by various countries, which led to surging oil and gas prices. This uptick in prices led to strong US oil and gas produc...

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• 2. Brand Name Pharmaceutical Manufacturing in the US

  Growth in Exports for 2025: 43.5%

  Brand name pharmaceutical manufacturers in the US are some of the most lucrative in the world. Consumers in the US use and spend more on prescription drugs than any other country, making manufacturers central to meeting this demand and supporting public health. This role was evident during the COVID-19 pandemic, as brand name pharma producers researched, produced and distributed vital vaccines in record time. Aside from vaccine development, domestic manufacturers can attribute rising spending...

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• 3. 3D Printer Manufacturing in the US

  Growth in Exports for 2025: 19.3%

  The industry has evolved significantly, making the technology more accessible and widely adopted. Historical reductions in costs have been driven by expired patents and open-source innovations, enabling a shift from high-cost, early models to affordable consumer versions. This transition has spurred competition and expanded the scope of 3D printing beyond prototyping to applications in diverse sectors like healthcare and automotive. Enhanced hardware capabilities and new materials have furthe...

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• 4. Hybrid & Electric Vehicle Manufacturing in the US

  Growth in Exports for 2025: 19.0%

  Hybrid and electric vehicle manufacturers have soared through the current period as part of increased sustainability initiatives from the government and the public. Hybrid electric vehicles (HEV) and electric vehicles (EV), including plug-in electric vehicles (PEV) and plug-in hybrid electric vehicles (PHEV), have seen a dramatic rise in sales amid elevated oil and gas prices and falling vehicle prices. Automakers have prioritized cost reduction and battery lifespans to potentially attract ne...

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• 5. Vodka Distilleries in the US

  Growth in Exports for 2025: 15.2%

  Like other spirit producers, vodka distilleries rely on a stable sales flow to on-premise markets (restaurants, bars, nightclubs and more) and off-premise markets (i.e., retailers). COVID-19 interrupted the sales flow to on-premise markets significantly, while off-premise sales soared. In the pandemic's wake, consumers flocked to bars, restaurants and event spaces, but they displayed a penchant for spending less through such channels. Consumers became more accustomed to the reduced markup on ...

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• 6. E-cigarette Manufacturing in the US

  Growth in Exports for 2025: 12.5%

  E-cigarette manufacturing has evolved significantly since its inception, becoming a competitive battlefield. Traditional tobacco companies have moved into the space to seize revenue from former smokers and new users alike. As a result, similar dichotomies are emerging, wherein the biggest producers generate astronomical profit while the average producer contends with less favorable conditions. Regulatory authorities such as the FDA and CDC have imposed strict measures since 2019 to curb the g...

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• 7. Wearable Device Manufacturing in the US

  Growth in Exports for 2025: 9.9%

  The integration of wearable devices into healthcare has been expanding significantly, driven by advancements in sensor technology, data analytics and an increased focus on health monitoring and chronic disease management. This surge in adoption spans not only healthcare settings but also extends to individual users who use the devices for fitness tracking and maintaining connectivity through smartwatches and fitness bands. Additionally, the processing capabilities of wearable devices have imp...

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• 8. Solar Panel Manufacturing in the US

  Growth in Exports for 2025: 9.9%

  Solar panel manufacturers have thrived despite some hurdles throughout the period. Companies saw an uptick in the need for solar panels as the country continued emphasizing renewable energy. The Inflation Reduction Act bolstered and extended production and investment tax credits, making domestic manufacturing more viable. Even so, manufacturers have been plagued by import penetration, specifically from Asian products, which flooded the US market with low-cost solar modules and cells. In 2022,...

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• 9. Cotton Farming in the US

  Growth in Exports for 2025: 9.8%

  The Cotton Farming industry has experienced extremely volatile operating conditions over the past five years. Surging commodity prices immediately following the pandemic contributed to a partial resurgence but made substitutes more attractive. Trade wars and an appreciating dollar caused exports to fall. Since exports constitute a significant source of revenue for cotton farmers, their poor performance negatively impacted operators. As interest rates have risen recently, cotton farmers have h...

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• 10. Major Smart Appliance Manufacturing in the US

  Growth in Exports for 2025: 9.0%

  Revenue for major smart appliance manufacturers has surged, driven by decreasing prices and increased accessibility, which have enabled these products to penetrate a broader market. Rising incomes have further fueled demand, making consumers more willing to invest in luxury items like smart appliances. Although high input prices boosted revenue by allowing manufacturers to pass costs onto consumers, soaring interest rates have tempered growth by reducing downstream demand in the housing marke...

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