Manufacturing Output and Firms
Total Manufacturing Output ($billions, 2018)
$49.22
(Percent share of total gross state product)
19.52%
Manufacturing Firms in Louisiana (2017)
2,854
Louisiana Manufacturing Facts
Manufacturers in Louisiana account for 19.52% of the total output in the state, employing 6.93% of the workforce. Total output from manufacturing was $49.22 billion in 2018. In addition, there were an average of 138,000 manufacturing employees in Louisiana in 2019, with an average annual compensation of $93,521.98 in 2018.
Employment and Compensation
Manufacturing Employment (2019)
138,000
(Percent share of nonfarm employment)
6.93%
Average Annual Compensation (Manufacturing, 2018)
$93,521.98
(Nonfarm Businesses, 2018)
$43,307.02
Sources: U.S. Bureau of Economic Analysis and the U.S. Census Bureau
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Figure 2
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Louisiana Export Facts
Manufacturers help to drive Louisiana’s economy, with $38.70 billion in manufactured goods exports in 2019. That same year, $18.47 billion in exports was with our free trade agreement (FTA) partners. This helps create jobs in the state, and 21.50% of its employment stemmed from exports in 2011. Small businesses comprised 85.00% percent of all exporters in Louisiana.
Manufacturing Exports
Manufactured Goods Exports ($billions, 2019)
$38.70
(Percent share of total goods exports)
60.77%
Growth in Manufactured Goods Exports (2010–2019)
56.02%
U.S. Jobs Supported by Goods Exports (2016)
115,099
Employment from Manufacturing Exports (Export share of manufacturing jobs, 2011)
21.50%
Small Business Share of Total Exporters (2015)
85.00%
Manufactured Goods to Free Trade Agreement Partners ($billions, 2019)
$18.47
(Percent of total exports, 2019)
47.72%
Total Manufactured Goods Exports to Canada and Mexico (USMCA, 2019)
$5.98
Top Five Export Markets (Percent of total manufactured goods exports, 2019)
31.80%
Mexico
17.28%
Brazil
9.45%
Canada
6.21%
Netherlands
4.78%
United Kingdom
3.93%
Sources: International Trade Administration, U.S. Census Bureau
Figure 4
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Additional Trade Facts
- The 20 U.S. FTA partners purchased 48.3% ($659.49 billion) of U.S. manufactured goods exports in 2019 – 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.