Manufacturing Output and Firms
Total Manufacturing Output ($billions, 2018)
$8.11
(Percent share of total gross state product)
4.89%
Manufacturing Firms in Nevada (2016)
1,771
Nevada Manufacturing Facts
Manufacturers in Nevada account for 4.89% of the total output in the state, employing 4.00% of the workforce. Total output from manufacturing was $8.11 billion in 2018. In addition, there were an average of 55,000 manufacturing employees in Nevada in 2018, with an average annual compensation of $63,747.48 in 2017.
Employment and Compensation
Manufacturing Employment (2018)
55,000
(Percent share of nonfarm employment)
4.00%
Average Annual Compensation (Manufacturing, 2017)
$63,747.48
(Nonfarm Businesses, 2017)
$42,756.45
Sources: U.S. Bureau of Economic Analysis and the U.S. Census Bureau
Figure 1
Figure 2
Figure 3
Nevada Export Facts
Manufacturers help to drive Nevada’s economy, with $10.42 billion in manufactured goods exports in 2018. That same year, $2.40 billion in exports was with our free trade agreement (FTA) partners. This helps create jobs in the state, and 17.40% of its employment stemmed from exports in 2011. Small businesses comprised 87.00% percent of all exporters in Nevada.
Manufacturing Exports
Manufactured Goods Exports ($billions, 2018)
$10.42
(Percent share of total goods exports)
93.98%
Growth in Manufactured Goods Exports (2010–2018)
104.11%
U.S. Jobs Supported by Goods Exports (2016)
36,508
Employment from Manufacturing Exports (Export share of manufacturing jobs, 2011)
17.40%
Small Business Share of Total Exporters (2015)
87.00%
Manufactured Goods to Free Trade Agreement Partners ($billions, 2018)
$2.40
(Percent of total exports, 2018)
23.08%
Total Manufactured Goods Exports to Canada and Mexico (NAFTA, 2018)
$1.70
Top Five Export Markets (Percent of total manufactured goods exports, 2018)
16.33%
Switzerland
32.71%
India
16.05%
Canada
10.78%
China
6.07%
Mexico
5.55%
Sources: International Trade Administration, U.S. Census Bureau
Figure 4
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.