2020 Nevada Manufacturing Facts

Nevada Manufacturing Facts

Manufacturers in Nevada account for 4.89% of the total output in the state, employing 4.20% of the workforce. Total output from manufacturing was $8.11 billion in 2018. In addition, there were an average of 60,000 manufacturing employees in Nevada in 2019, with an average annual compensation of $68,193.69 in 2018.

Manufacturing Output and Firms

Total Manufacturing Output ($billions, 2018)
$8.11
(Percent share of total gross state product)
4.89%
Manufacturing Firms in Nevada (2017)
1,762

Employment and Compensation

Manufacturing Employment (2019)
60,000
(Percent share of nonfarm employment)
4.20%
Average Annual Compensation (Manufacturing, 2018)
$68,193.69
(Nonfarm Businesses, 2018)
$44,349.34

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

Figure 1

Figure 2

Figure 3


Nevada Export Facts

Manufacturers help to drive Nevada’s economy, with $8.38 billion in manufactured goods exports in 2019. That same year, $2.57 billion in exports was with our free trade agreement (FTA) partners. This helps create jobs in the state, and 17.40% of its employment stemmed from exports in 2011. Small businesses comprised 87.00% percent of all exporters in Nevada.

Manufacturing Exports

Manufactured Goods Exports ($billions, 2019)
$8.38
(Percent share of total goods exports)
93.33%
Growth in Manufactured Goods Exports (2010–2019)
64.19%
U.S. Jobs Supported by Goods Exports (2016)
36,508
Employment from Manufacturing Exports (Export share of manufacturing jobs, 2011)
17.40%
Small Business Share of Total Exporters (2015)
87.00%
Manufactured Goods to Free Trade Agreement Partners ($billions, 2019)
$2.57
(Percent of total exports, 2019)
30.73%
Total Manufactured Goods Exports to Canada and Mexico (USMCA, 2019)
$1.79
Top Five Export Markets (Percent of total manufactured goods exports, 2019)
21.33%
India
18.38%
Switzerland
15.62%
Canada
12.27%
Mexico
9.06%
China
6.02%

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.