Manufacturing Output and Firms
Total Manufacturing Output ($billions, 2021)
$20.13
(Percent share of total gross state product)
14.67%
Manufacturing Firms in Mississippi (2019)
1,827
Mississippi Manufacturing Facts
Manufacturers in Mississippi account for 14.67% of the total output in the state, employing 12.64% of the workforce. Total output from manufacturing was $20.13 billion in 2021. In addition, there were an average of 145,000 manufacturing employees in Mississippi in December 2021, with an average annual compensation of $67,966.62 in 2021.
Employment and Compensation
Manufacturing Employment (December 2021)
145,000
(Percent share of nonfarm employment)
12.64%
Average Annual Compensation (Manufacturing, 2021)
$67,966.62
(Nonfarm Businesses, 2021)
$43,805.06
Sources: U.S. Bureau of Economic Analysis and the U.S. Census Bureau
Figure 1
[visualizer id=”689″]
Figure 2
[visualizer id=”691″]
Figure 3
[visualizer id=”693″]
Mississippi Export Facts
Manufacturers help to drive the Mississippi economy, with $11.95 billion in manufactured goods exports in 2021.
Manufacturing Exports
Manufactured Goods Exports ($billions, 2021)
$11.95
Top 5 Export Markets (total percentage 2021)
52.86%
Canada
18.72%
Mexico
13.91%
Panama
9.33%
Belgium
5.85%
China
5.05%
Sources: International Trade Administration, U.S. Census Bureau
Figure 4
[visualizer id=”699″]
Additional Trade Facts
- The 20 U.S. FTA partners purchased 49.38% ($690.92 billion) of U.S. manufactured goods exports in 2021 – 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.