Manufacturing Output and Firms
Total Manufacturing Output ($billions, 2018)
$112.24
(Percent share of total gross state product)
16.60%
Manufacturing Firms in Ohio (2016)
12,507
Ohio Manufacturing Facts
Manufacturers in Ohio account for 16.60% of the total output in the state, employing 12.56% of the workforce. Total output from manufacturing was $112.24 billion in 2018. In addition, there were an average of 699,000 manufacturing employees in Ohio in 2018, with an average annual compensation of $74,679.97 in 2017.
Employment and Compensation
Manufacturing Employment (2018)
699,000
(Percent share of nonfarm employment)
12.56%
Average Annual Compensation (Manufacturing, 2017)
$74,679.97
(Nonfarm Businesses, 2017)
$47,623.26
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”]
Ohio Export Facts
Manufacturers help to drive Ohio’s economy, with $50.40 billion in manufactured goods exports in 2018. That same year, $30.50 billion in exports was with our free trade agreement (FTA) partners. This helps create jobs in the state, and 27.60% of its employment stemmed from exports in 2011. Small businesses comprised 89% percent of all exporters in Ohio.
Manufacturing Exports
Manufactured Goods Exports ($billions, 2018)
$50.40
(Percent share of total goods exports)
92.84%
Growth in Manufactured Goods Exports (2010–2018)
27.24%
U.S. Jobs Supported by Goods Exports (2016)
227,769
Employment from Manufacturing Exports (Export share of manufacturing jobs, 2011)
27.60%
Small Business Share of Total Exporters (2015)
89%
Manufactured Goods to Free Trade Agreement Partners ($billions, 2018)
$30.50
(Percent of total exports, 2018)
60.51%
Total Manufactured Goods Exports to Canada and Mexico (NAFTA, 2018)
$26.86
Top Five Export Markets (Percent of total manufactured goods exports, 2018)
53.29%
Canada
40.44%
Mexico
12.85%
China
6.54%
United Kingdom
3.82%
Japan
3.16%
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.