Minnesota Manufacturing Facts

Manufacturers in Minnesota account for 13.63% of the total output in the state, employing 11.08% of the workforce. Total output from manufacturing was $53.13 billion in 2021. In addition, there were an average of 320,000 manufacturing employees in Minnesota in December 2021, with an average annual compensation of $88,784.20 in 2021.

Manufacturing Output and Firms

Total Manufacturing Output ($billions, 2021)
$53.13
(Percent share of total gross state product)
13.63%
Manufacturing Firms in Minnesota (2019)
6,387

Employment and Compensation

Manufacturing Employment (December 2021)
320,000
(Percent share of nonfarm employment)
11.08%
Average Annual Compensation (Manufacturing, 2021)
$88,784.20
(Nonfarm Businesses, 2021)
$64,344.46

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

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Minnesota Export Facts

Manufacturers help to drive the Minnesota economy, with $21.60 billion in manufactured goods exports in 2021.

Manufacturing Exports

Manufactured Goods Exports ($billions, 2021)
$21.60
Top 5 Export Markets (total percentage 2021)
56.09%
Canada
26.37%
China
10.88%
Mexico
10.15%
Japan
4.95%
Germany
3.75%

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.