Manufacturing Output and Firms
Total Manufacturing Output ($billions, 2018)
$38.73
(Percent share of total gross state product)
16.81%
Manufacturing Firms in South Carolina (2016)
3,390
South Carolina Manufacturing Facts
Manufacturers in South Carolina account for 16.81% of the total output in the state, employing 11.55% of the workforce. Total output from manufacturing was $38.73 billion in 2018. In addition, there were an average of 248,000 manufacturing employees in South Carolina in 2018, with an average annual compensation of $72,715.66 in 2017.
Employment and Compensation
Manufacturing Employment (2018)
248,000
(Percent share of nonfarm employment)
11.55%
Average Annual Compensation (Manufacturing, 2017)
$72,715.66
(Nonfarm Businesses, 2017)
$41,200.09
Sources: U.S. Bureau of Economic Analysis and the U.S. Census Bureau
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Figure 2
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South Carolina Export Facts
Manufacturers help to drive South Carolina’s economy, with $33.89 billion in manufactured goods exports in 2018. That same year, $11.43 billion in exports was with our free trade agreement (FTA) partners. This helps create jobs in the state, and 29.90% of its employment stemmed from exports in 2011. Small businesses comprised 85.00% percent of all exporters in South Carolina.
Manufacturing Exports
Manufactured Goods Exports ($billions, 2018)
$33.89
(Percent share of total goods exports)
97.85%
Growth in Manufactured Goods Exports (2010–2018)
71.93%
U.S. Jobs Supported by Goods Exports (2016)
153,520
Employment from Manufacturing Exports (Export share of manufacturing jobs, 2011)
29.90%
Small Business Share of Total Exporters (2015)
85.00%
Manufactured Goods to Free Trade Agreement Partners ($billions, 2018)
$11.43
(Percent of total exports, 2018)
33.73%
Total Manufactured Goods Exports to Canada and Mexico (NAFTA, 2018)
$6.67
Top Five Export Markets (Percent of total manufactured goods exports, 2018)
19.68%
China
16.30%
Canada
11.59%
Germany
11.01%
Mexico
8.08%
United Kingdom
7.10%
Sources: International Trade Administration, U.S. Census Bureau
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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.