Manufacturing Output and Firms
Total Manufacturing Output ($billions, 2018)
$1.72
(Percent share of total gross state product)
3.18%
Manufacturing Firms in Alaska (2017)
455
Alaska Manufacturing Facts
Manufacturers in Alaska account for 3.18% of the total output in the state, employing 3.95% of the workforce. Total output from manufacturing was $1.72 billion in 2018. In addition, there were an average of 13,000 manufacturing employees in Alaska in 2019, with an average annual compensation of $58,022.97 in 2018.
Employment and Compensation
Manufacturing Employment (2019)
13,000
(Percent share of nonfarm employment)
3.95%
Average Annual Compensation (Manufacturing, 2018)
$58,022.97
(Nonfarm Businesses, 2018)
$50,657.56
Sources: U.S. Bureau of Economic Analysis and the U.S. Census Bureau
Figure 1
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Figure 3
Alaska Export Facts
Manufacturers help to drive Alaska’s economy, with $0.50 billion in manufactured goods exports in 2019. That same year, $0.41 billion in exports was with our free trade agreement (FTA) partners. This helps create jobs in the state, and 30.60% of its employment stemmed from exports in 2011. Small businesses comprised 74.00% percent of all exporters in Alaska.
Manufacturing Exports
Manufactured Goods Exports ($billions, 2019)
$0.50
(Percent share of total goods exports)
10.03%
Growth in Manufactured Goods Exports (2010–2019)
7.32%
U.S. Jobs Supported by Goods Exports (2016)
1,313
Employment from Manufacturing Exports (Export share of manufacturing jobs, 2011)
30.60%
Small Business Share of Total Exporters (2015)
74.00%
Manufactured Goods to Free Trade Agreement Partners ($billions, 2019)
$0.41
(Percent of total exports, 2019)
81.72%
Total Manufactured Goods Exports to Canada and Mexico (USMCA, 2019)
$0.13
Top Five Export Markets (Percent of total manufactured goods exports, 2019)
25.30%
Australia
47.36%
Canada
20.88%
Singapore
4.55%
Mexico
4.42%
Switzerland
3.33%
Sources: International Trade Administration, U.S. Census Bureau
Figure 4
Additional Trade Facts
- The 20 U.S. FTA partners purchased 48.3% ($659.49 billion) of U.S. manufactured goods exports in 2019 – 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.