2020 South Dakota Manufacturing Facts

South Dakota Manufacturing Facts

Manufacturers in South Dakota account for 10.30% of the total output in the state, employing 10.27% of the workforce. Total output from manufacturing was $5.31 billion in 2018. In addition, there were an average of 46,000 manufacturing employees in South Dakota in 2019, with an average annual compensation of $59,370.42 in 2018.

Manufacturing Output and Firms

Total Manufacturing Output ($billions, 2018)
$5.31
(Percent share of total gross state product)
10.30%
Manufacturing Firms in South Dakota (2017)
958

Employment and Compensation

Manufacturing Employment (2019)
46,000
(Percent share of nonfarm employment)
10.27%
Average Annual Compensation (Manufacturing, 2018)
$59,370.42
(Nonfarm Businesses, 2018)
$39,412.84

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

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South Dakota Export Facts

Manufacturers help to drive South Dakota’s economy, with $1.25 billion in manufactured goods exports in 2019. That same year, $0.87 billion in exports was with our free trade agreement (FTA) partners. This helps create jobs in the state, and 17.10% of its employment stemmed from exports in 2011. Small businesses comprised 75.00% percent of all exporters in South Dakota.

Manufacturing Exports

Manufactured Goods Exports ($billions, 2019)
$1.25
(Percent share of total goods exports)
92.32%
Growth in Manufactured Goods Exports (2010–2019)
7.92%
U.S. Jobs Supported by Goods Exports (2016)
6,950
Employment from Manufacturing Exports (Export share of manufacturing jobs, 2011)
17.10%
Small Business Share of Total Exporters (2015)
75.00%
Manufactured Goods to Free Trade Agreement Partners ($billions, 2019)
$0.87
(Percent of total exports, 2019)
69.99%
Total Manufactured Goods Exports to Canada and Mexico (USMCA, 2019)
$0.77
Top Five Export Markets (Percent of total manufactured goods exports, 2019)
61.88%
Canada
40.42%
Mexico
21.47%
China
5.45%
Japan
4.71%
Germany
3.51%

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.