Manufacturing Output and Firms
Total Manufacturing Output ($billions, 2019)
$100.26
(Percent share of total gross state product)
26.41%
Manufacturing Firms in Indiana (2017)
7,062
Indiana Manufacturing Facts
Manufacturers in Indiana account for 26.41% of the total output in the state, employing 16.37% of the workforce. Total output from manufacturing was $100.26 billion in 2019. In addition, there were an average of 503,000 manufacturing employees in Indiana in 2020, with an average annual compensation of $79,311.75 in 2019.
Employment and Compensation
Manufacturing Employment (2020)
503,000
(Percent share of nonfarm employment)
16.37%
Average Annual Compensation (Manufacturing, 2019)
$79,311.75
(Nonfarm Businesses, 2019)
$48,725.46
Sources: U.S. Bureau of Economic Analysis and the U.S. Census Bureau
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Figure 3
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Indiana Export Facts
Manufacturers help to drive Indiana’s economy, with $34.75 billion in manufactured goods exports in 2020. That same year, $21.65 billion in exports was with our free trade agreement (FTA) partners. This helps create jobs in the state, and 24.70% of its employment stemmed from exports in 2011. Small businesses comprised 85.00% percent of all exporters in Indiana.
Manufacturing Exports
Manufactured Goods Exports ($billions, 2020)
$34.75
(Percent share of total goods exports)
98.49%
U.S. Jobs Supported by Goods Exports (2016)
161,679
Employment from Manufacturing Exports (Export share of manufacturing jobs, 2011)
24.70%
Small Business Share of Total Exporters (2015)
85.00%
Manufactured Goods to Free Trade Agreement Partners ($billions, 2020)
$21.65
(Percent of total exports, 2020)
51.88%
Canada
31.34%
Mexico
13.37%
China
8.00%
Japan
5.16%
Germany
5.07%
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.