Manufacturing Output and Firms
Total Manufacturing Output ($billions, 2019)
$1.83
(Percent share of total gross state product)
3.37%
Manufacturing Firms in Alaska (2017)
455
Alaska Manufacturing Facts
Manufacturers in Alaska account for 3.37% of the total output in the state, employing 3.32% of the workforce. Total output from manufacturing was $1.83 billion in 2019. In addition, there were an average of 10,000 manufacturing employees in Alaska in 2020, with an average annual compensation of $59,993.10 in 2019.
Employment and Compensation
Manufacturing Employment (2020)
10,000
(Percent share of nonfarm employment)
3.32%
Average Annual Compensation (Manufacturing, 2019)
$59,993.10
(Nonfarm Businesses, 2019)
$52,718.49
Sources: U.S. Bureau of Economic Analysis and the U.S. Census Bureau
Figure 1
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Figure 2
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Figure 3
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Alaska Export Facts
Manufacturers help to drive Alaska’s economy, with $0.62 billion in manufactured goods exports in 2020. That same year, $0.46 billion in exports was with our free trade agreement (FTA) partners. This helps create jobs in the state, and 30.60% of its employment stemmed from exports in 2011. Small businesses comprised 74.00% percent of all exporters in Alaska.
Manufacturing Exports
Manufactured Goods Exports ($billions, 2020)
$0.62
(Percent share of total goods exports)
13.37%
U.S. Jobs Supported by Goods Exports (2016)
1,313
Employment from Manufacturing Exports (Export share of manufacturing jobs, 2011)
30.60%
Small Business Share of Total Exporters (2015)
74.00%
Manufactured Goods to Free Trade Agreement Partners ($billions, 2020)
$0.46
(Percent of total exports, 2020)
75.06%
Australia
56.76%
China
13.42%
Canada
13.01%
Switzerland
3.98%
Mexico
2.98%
Sources: International Trade Administration, U.S. Census Bureau
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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.