Manufacturing Output and Firms
Total Manufacturing Output ($billions, 2018)
$18.46
(Percent share of total gross state product)
16.18%
Manufacturing Firms in Mississippi (2016)
1,887
Mississippi Manufacturing Facts
Manufacturers in Mississippi account for 16.18% of the total output in the state, employing 12.54% of the workforce. Total output from manufacturing was $18.46 billion in 2018. In addition, there were an average of 145,000 manufacturing employees in Mississippi in 2018, with an average annual compensation of $60,849.10 in 2017.
Employment and Compensation
Manufacturing Employment (2018)
145,000
(Percent share of nonfarm employment)
12.54%
Average Annual Compensation (Manufacturing, 2017)
$60,849.10
(Nonfarm Businesses, 2017)
$34,891.99
Sources: U.S. Bureau of Economic Analysis and the U.S. Census Bureau
Figure 1
[visualizer id=”689″ series=”nam-state-data-reports-visualizer-series” settings=”nam-state-data-reports-visualizer-settings” data=”nam-state-data-reports-visualizer-data”]
Figure 2
[visualizer id=”691″ series=”nam-state-data-reports-visualizer-series” settings=”nam-state-data-reports-visualizer-settings” data=”nam-state-data-reports-visualizer-data”]
Figure 3
[visualizer id=”693″ series=”nam-state-data-reports-visualizer-series” settings=”nam-state-data-reports-visualizer-settings” data=”nam-state-data-reports-visualizer-data”]
Mississippi Export Facts
Manufacturers help to drive Mississippi’s economy, with $11.06 billion in manufactured goods exports in 2018. That same year, $6.54 billion in exports was with our free trade agreement (FTA) partners. This helps create jobs in the state, and 13.60% of its employment stemmed from exports in 2011. Small businesses comprised 77.00% percent of all exporters in Mississippi.
Manufacturing Exports
Manufactured Goods Exports ($billions, 2018)
$11.06
(Percent share of total goods exports)
93.66%
Growth in Manufactured Goods Exports (2010–2018)
45.29%
U.S. Jobs Supported by Goods Exports (2016)
42,701
Employment from Manufacturing Exports (Export share of manufacturing jobs, 2011)
13.60%
Small Business Share of Total Exporters (2015)
77.00%
Manufactured Goods to Free Trade Agreement Partners ($billions, 2018)
$6.54
(Percent of total exports, 2018)
59.17%
Total Manufactured Goods Exports to Canada and Mexico (NAFTA, 2018)
$3.37
Top Five Export Markets (Percent of total manufactured goods exports, 2018)
30.51%
Canada
19.86%
Mexico
10.65%
Panama
10.47%
China
4.90%
Japan
4.69%
Sources: International Trade Administration, U.S. Census Bureau
Figure 4
[visualizer id=”699″ series=”nam-state-data-reports-visualizer-series” settings=”nam-state-data-reports-visualizer-settings” data=”nam-state-data-reports-visualizer-data”]
Additional Trade Facts
- The 20 U.S. FTA partners purchased nearly 49 percent ($679.46 billion) of U.S. manufactured goods exports in 2018 – even though these countries represent only six percent of the world’s population and 10 percent of GDP.
- FTA countries: Australia, Bahrain, Canada, Chile, Colombia, Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Israel, Jordan, Mexico, Morocco, Nicaragua, Oman, Panama, Peru, Singapore and South Korea.