2020 Wyoming Manufacturing Facts

Wyoming Manufacturing Facts

Manufacturers in Wyoming account for 5.16% of the total output in the state, employing 3.54% of the workforce. Total output from manufacturing was $1.94 billion in 2018. In addition, there were an average of 10,000 manufacturing employees in Wyoming in 2019, with an average annual compensation of $73,433.01 in 2018.

Manufacturing Output and Firms

Total Manufacturing Output ($billions, 2018)
$1.94
(Percent share of total gross state product)
5.16%
Manufacturing Firms in Wyoming (2017)
547

Employment and Compensation

Manufacturing Employment (2019)
10,000
(Percent share of nonfarm employment)
3.54%
Average Annual Compensation (Manufacturing, 2018)
$73,433.01
(Nonfarm Businesses, 2018)
$40,586.46

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

Figure 1

Figure 2

Figure 3


Wyoming Export Facts

Manufacturers help to drive Wyoming’s economy, with $1.29 billion in manufactured goods exports in 2019. That same year, $0.48 billion in exports was with our free trade agreement (FTA) partners. This helps create jobs in the state, and 19.00% of its employment stemmed from exports in 2011. Small businesses comprised 74.00% percent of all exporters in Wyoming.

Manufacturing Exports

Manufactured Goods Exports ($billions, 2019)
$1.29
(Percent share of total goods exports)
94.60%
Growth in Manufactured Goods Exports (2010–2019)
48.12%
U.S. Jobs Supported by Goods Exports (2016)
4,579
Employment from Manufacturing Exports (Export share of manufacturing jobs, 2011)
19.00%
Small Business Share of Total Exporters (2015)
74.00%
Manufactured Goods to Free Trade Agreement Partners ($billions, 2019)
$0.48
(Percent of total exports, 2019)
37.37%
Total Manufactured Goods Exports to Canada and Mexico (USMCA, 2019)
$0.23
Top Five Export Markets (Percent of total manufactured goods exports, 2019)
17.76%
Canada
14.75%
Indonesia
11.95%
Brazil
10.96%
Malaysia
7.41%
Chile
6.32%

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.