New Jersey Manufacturing Facts

Manufacturers in New Jersey account for 9.47% of the total output in the state, employing 6.20% of the workforce. Total output from manufacturing was $60.50 billion in 2021. In addition, there were an average of 252,000 manufacturing employees in New Jersey in December 2021, with an average annual compensation of $104,953.59 in 2021.

Manufacturing Output and Firms

Total Manufacturing Output ($billions, 2021)
$60.50
(Percent share of total gross state product)
9.47%
Manufacturing Firms in New Jersey (2019)
6,835

Employment and Compensation

Manufacturing Employment (December 2021)
252,000
(Percent share of nonfarm employment)
6.20%
Average Annual Compensation (Manufacturing, 2021)
$104,953.59
(Nonfarm Businesses, 2021)
$68,437.15

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″]


New Jersey Export Facts

Manufacturers help to drive the New Jersey economy, with $41.23 billion in manufactured goods exports in 2021.

Manufacturing Exports

Manufactured Goods Exports ($billions, 2021)
$41.23
Top 5 Export Markets (total percentage 2021)
51.40%
Canada
22.86%
China
9.91%
Mexico
7.54%
Italy
5.97%
Japan
5.12%

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.