Montana Manufacturing Facts

Manufacturers in Montana account for 5.52% of the total output in the state, employing 4.59% of the workforce. Total output from manufacturing was $3.38 billion in 2021. In addition, there were an average of 22,000 manufacturing employees in Montana in December 2021, with an average annual compensation of $62,223.90 in 2021.

Manufacturing Output and Firms

Total Manufacturing Output ($billions, 2021)
$3.38
(Percent share of total gross state product)
5.52%
Manufacturing Firms in Montana (2019)
1,320

Employment and Compensation

Manufacturing Employment (December 2021)
22,000
(Percent share of nonfarm employment)
4.59%
Average Annual Compensation (Manufacturing, 2021)
$62,223.90
(Nonfarm Businesses, 2021)
$47,036.19

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

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Montana Export Facts

Manufacturers help to drive the Montana economy, with $1.10 billion in manufactured goods exports in 2021.

Manufacturing Exports

Manufactured Goods Exports ($billions, 2021)
$1.10
Top 5 Export Markets (total percentage 2021)
58.92%
Canada
30.10%
China
9.50%
South Korea
7.44%
Mexico
6.15%
Belgium
5.73%

Sources: International Trade Administration, U.S. Census Bureau

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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.