2020 Indiana Manufacturing Facts

Indiana Manufacturing Facts

Manufacturers in Indiana account for 27.84% of the total output in the state, employing 17.07% of the workforce. Total output from manufacturing was $102.09 billion in 2018. In addition, there were an average of 541,000 manufacturing employees in Indiana in 2019, with an average annual compensation of $78,702.82 in 2018.

Manufacturing Output and Firms

Total Manufacturing Output ($billions, 2018)
$102.09
(Percent share of total gross state product)
27.84%
Manufacturing Firms in Indiana (2017)
7,062

Employment and Compensation

Manufacturing Employment (2019)
541,000
(Percent share of nonfarm employment)
17.07%
Average Annual Compensation (Manufacturing, 2018)
$78,702.82
(Nonfarm Businesses, 2018)
$47,738.16

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 $38.63 billion in manufactured goods exports in 2019. That same year, $21.65 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, 2019)
$38.63
(Percent share of total goods exports)
98.07%
Growth in Manufactured Goods Exports (2010–2019)
37.20%
U.S. Jobs Supported by Goods Exports (2016)
161,679
Employment from Manufacturing Exports (Export share of manufacturing jobs, 2011)
24.70%
Small Business Share of Total Exporters (2015)
85.00%
Manufactured Goods to Free Trade Agreement Partners ($billions, 2019)
$21.65
(Percent of total exports, 2019)
56.04%
Total Manufactured Goods Exports to Canada and Mexico (USMCA, 2019)
$18.55
Top Five Export Markets (Percent of total manufactured goods exports, 2019)
48.01%
Canada
33.39%
Mexico
14.61%
Japan
5.41%
China
4.90%
Germany
3.62%

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

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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.