Manufacturing Output and Firms
Total Manufacturing Output ($billions, 2018)
$52.65
(Percent share of total gross state product)
14.30%
Manufacturing Firms in Minnesota (2017)
6,541
Minnesota Manufacturing Facts
Manufacturers in Minnesota account for 14.30% of the total output in the state, employing 10.82% of the workforce. Total output from manufacturing was $52.65 billion in 2018. In addition, there were an average of 321,000 manufacturing employees in Minnesota in 2019, with an average annual compensation of $79,456.53 in 2018.
Employment and Compensation
Manufacturing Employment (2019)
321,000
(Percent share of nonfarm employment)
10.82%
Average Annual Compensation (Manufacturing, 2018)
$79,456.53
(Nonfarm Businesses, 2018)
$54,307.69
Sources: U.S. Bureau of Economic Analysis and the U.S. Census Bureau
Figure 1
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Figure 3
Minnesota Export Facts
Manufacturers help to drive Minnesota’s economy, with $20.80 billion in manufactured goods exports in 2019. That same year, $9.18 billion in exports was with our free trade agreement (FTA) partners. This helps create jobs in the state, and 22.40% of its employment stemmed from exports in 2011. Small businesses comprised 87.00% percent of all exporters in Minnesota.
Manufacturing Exports
Manufactured Goods Exports ($billions, 2019)
$20.80
(Percent share of total goods exports)
93.71%
Growth in Manufactured Goods Exports (2010–2019)
21.00%
U.S. Jobs Supported by Goods Exports (2016)
89,269
Employment from Manufacturing Exports (Export share of manufacturing jobs, 2011)
22.40%
Small Business Share of Total Exporters (2015)
87.00%
Manufactured Goods to Free Trade Agreement Partners ($billions, 2019)
$9.18
(Percent of total exports, 2019)
44.11%
Total Manufactured Goods Exports to Canada and Mexico (USMCA, 2019)
$6.41
Top Five Export Markets (Percent of total manufactured goods exports, 2019)
30.79%
Canada
19.36%
Mexico
11.43%
China
10.12%
Japan
6.10%
Germany
5.36%
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.