2019 Wyoming Manufacturing Facts

Wyoming Manufacturing Facts

Manufacturers in Wyoming account for 5.33% of the total output in the state, employing 3.42% of the workforce. Total output from manufacturing was $2.15 billion in 2017. In addition, there were an average of 9.78 thousand manufacturing employees in Wyoming in 2018, with an average annual compensation of N/A in 2017.

Manufacturing Output and Firms

Total Manufacturing Output ($billions, 2017)
$2.15
(Percent share of total gross state product)
5.33%
Manufacturing Firms in Wyoming (2016)
537

Employment and Compensation

Manufacturing Employment (2018)
9.78
(Percent share of nonfarm employment)
3.42%
Average Annual Compensation (Manufacturing, 2017)
N/A
(Nonfarm Businesses, 2017)
$39,371.43

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

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Wyoming Export Facts

Manufacturers help to drive Wyoming’s economy, with $1.28 billion in manufactured goods exports in 2018. That same year, $0.49 billion in exports was with our free trade agreement (FTA) partners. This helps create jobs in the state, and 19.00% of its employment stemmed from exports in 2011. Small businesses comprised 74.00% percent of all exporters in Wyoming.

Manufacturing Exports

Manufactured Goods Exports ($billions, 2018)
$1.28
(Percent share of total goods exports)
94.50%
Growth in Manufactured Goods Exports (2010–2018)
46.87%
U.S. Jobs Supported by Goods Exports (2016)
4,579
Employment from Manufacturing Exports (Export share of manufacturing jobs, 2011)
19.00%
Small Business Share of Total Exporters (2015)
74.00%
Manufactured Goods to Free Trade Agreement Partners ($billions, 2018)
$0.49
(Percent of total exports, 2018)
38.38%
Total Manufactured Goods Exports to Canada and Mexico (NAFTA, 2018)
$0.22
Top Five Export Markets (Percent of total manufactured goods exports, 2018)
48.47%
Canada
15.65%
Brazil
11.05%
Indonesia
9.88%
Chile
6.12%
Malaysia
5.76%

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.