Indiana Manufacturing Facts

Manufacturers in Indiana account for 27.84% of the total output in the state, employing 17.24% of the workforce. Total output from manufacturing was $102.09 billion in 2018. In addition, there were an average of 542,000 manufacturing employees in Indiana in 2018, with an average annual compensation of $77,234.69 in 2017.

Manufacturing Output and Firms

Total Manufacturing Output ($billions, 2018)
$102.09
(Percent share of total gross state product)
27.84%
Manufacturing Firms in Indiana (2016)
7,099

Employment and Compensation

Manufacturing Employment (2018)
542,000
(Percent share of nonfarm employment)
17.24%
Average Annual Compensation (Manufacturing, 2017)
$77,234.69
(Nonfarm Businesses, 2017)
$47,114.55

Sources: U.S. Bureau of Economic Analysis and the U.S. Census Bureau

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Indiana Export Facts

Manufacturers help to drive Indiana’s economy, with $38.14 billion in manufactured goods exports in 2018. That same year, $20.81 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, 2018)
$38.14
(Percent share of total goods exports)
96.97%
Growth in Manufactured Goods Exports (2010–2018)
35.46%
U.S. Jobs Supported by Goods Exports (2016)
161,679
Employment from Manufacturing Exports (Export share of manufacturing jobs, 2011)
24.70%
Small Business Share of Total Exporters (2015)
85.00%
Manufactured Goods to Free Trade Agreement Partners ($billions, 2018)
$20.81
(Percent of total exports, 2018)
52.91%
Total Manufactured Goods Exports to Canada and Mexico (NAFTA, 2018)
$17.91
Top Five Export Markets (Percent of total manufactured goods exports, 2018)
46.95%
Canada
32.83%
Mexico
14.12%
Japan
5.37%
China
5.08%
Germany
3.97%

Sources: International Trade Administration, U.S. Census Bureau

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Additional Trade Facts

  • The 20 U.S. FTA partners purchased nearly 49 percent ($679.46 billion) of U.S. manufactured goods exports in 2018 – 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.