Manufacturing Output and Firms
Total Manufacturing Output ($billions, 2018)
$24.32
(Percent share of total gross state product)
5.89%
Manufacturing Firms in Maryland (2017)
2,796
Maryland Manufacturing Facts
Manufacturers in Maryland account for 5.89% of the total output in the state, employing 3.92% of the workforce. Total output from manufacturing was $24.32 billion in 2018. In addition, there were an average of 108,000 manufacturing employees in Maryland in 2019, with an average annual compensation of $90,661.01 in 2018.
Employment and Compensation
Manufacturing Employment (2019)
108,000
(Percent share of nonfarm employment)
3.92%
Average Annual Compensation (Manufacturing, 2018)
$90,661.01
(Nonfarm Businesses, 2018)
$50,958.38
Sources: U.S. Bureau of Economic Analysis and the U.S. Census Bureau
Figure 1
Figure 2
Figure 3
Maryland Export Facts
Manufacturers help to drive Maryland’s economy, with $9.74 billion in manufactured goods exports in 2019. That same year, $3.33 billion in exports was with our free trade agreement (FTA) partners. This helps create jobs in the state, and 13.20% of its employment stemmed from exports in 2011. Small businesses comprised 88.00% percent of all exporters in Maryland.
Manufacturing Exports
Manufactured Goods Exports ($billions, 2019)
$9.74
(Percent share of total goods exports)
80.69%
Growth in Manufactured Goods Exports (2010–2019)
6.23%
U.S. Jobs Supported by Goods Exports (2016)
40,941
Employment from Manufacturing Exports (Export share of manufacturing jobs, 2011)
13.20%
Small Business Share of Total Exporters (2015)
88.00%
Manufactured Goods to Free Trade Agreement Partners ($billions, 2019)
$3.33
(Percent of total exports, 2019)
32.47%
Total Manufactured Goods Exports to Canada and Mexico (USMCA, 2019)
$1.88
Top Five Export Markets (Percent of total manufactured goods exports, 2019)
18.33%
France
18.59%
Canada
15.04%
Netherlands
4.98%
Morocco
4.95%
Saudi Arabia
4.81%
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.