Manufacturing Output and Firms
Total Manufacturing Output ($billions, 2021)
$26.41
(Percent share of total gross state product)
6.31%
Manufacturing Firms in Maryland (2019)
2,782
Maryland Manufacturing Facts
Manufacturers in Maryland account for 6.31% of the total output in the state, employing 4.08% of the workforce. Total output from manufacturing was $26.41 billion in 2021. In addition, there were an average of 110,000 manufacturing employees in Maryland in December 2021, with an average annual compensation of $99,964.24 in 2021.
Employment and Compensation
Manufacturing Employment (December 2021)
110,000
(Percent share of nonfarm employment)
4.08%
Average Annual Compensation (Manufacturing, 2021)
$99,964.24
(Nonfarm Businesses, 2021)
$67,211.50
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 the Maryland economy, with $12.56 billion in manufactured goods exports in 2021.
Manufacturing Exports
Manufactured Goods Exports ($billions, 2021)
$12.56
Top 5 Export Markets (total percentage 2021)
48.38%
Canada
15.15%
France
11.72%
Saudi Arabia
8.71%
Netherlands
7.29%
Morocco
5.51%
Sources: International Trade Administration, U.S. Census Bureau
Figure 4
Additional Trade Facts
- The 20 U.S. FTA partners purchased 49.38% ($690.92 billion) of U.S. manufactured goods exports in 2021 – 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.