Indiana Trade Facts
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In 2018, Indiana exported a record $39.3 billion of Made-in-America goods to the world. In 2016, exports from Indiana supported an estimated 182 thousand jobs.
Exports from Indiana and Jobs
- Indiana was the 12th largest state exporter of goods in 2018.
- In 2018, Indiana goods exports were $39.3 billion, an increase of 48 percent ($13 billion) from its export level in 2008.
- Goods exports accounted for 10.7 percent of Indiana GDP in 2018.
- Indiana goods exports in 2016 (latest year available) supported an estimated 182 thousand jobs. Nationally, jobs supported by goods exports pay up to an estimated 18 percent above the national average.
Made-in-America Manufacturing Exports from Indiana and Jobs
- In 2018, Indiana exported $38.1 billion of manufactured products.
- Indiana exports of manufactured products supported an estimated 162 thousand jobs in 2016.
- The state's largest manufacturing export category is transportation equipment, which accounted for $12.4 billion of Indiana's total goods exports in 2018.
- Other top manufacturing exports are chemicals ($9.0 billion), machinery, except electrical ($4.5 billion), miscellaneous manufactured commodities ($2.6 billion), and computer & electronic products ($1.8 billion).
Exports Sustain Thousands of Indiana Businesses many of which are SMEs
- A total of 8,170 companies exported from Indiana locations in 2016 (latest year available). Of those, 6,872 (84 percent) were small and medium sized enterprises with fewer than 500 employees.
- Small and medium-sized firms generated 16.3 percent of Indiana's total exports of goods in 2016.
Indiana Depends on World Markets
- The state’s largest market was Canada. Indiana exported $13.4 billion in goods to Canada in 2018, representing 34 percent of the state’s total goods exports.
- Canada was followed by Mexico ($5.4 billion), Japan ($2.1 billion), China ($2.0 billion), and Germany ($1.5 billion).
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Indiana’s exports (2018 values) to major world areas included:
|
|
2018 Value |
|
APEC |
$26.2 billion |
|
Asia |
$7.6 billion |
|
European Union |
$9.2 billion |
|
South/Central America and Caribbean |
$1.9 billion |
|
Sub-Saharan Africa |
$223 million |
- 55 percent of Indiana’s exports ($21.7 billion) go to current FTA partners.
Agriculture in Indiana depends on Exports
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Indiana is the country’s 8th largest agricultural exporting state, shipping $4.6 billion in domestic agricultural exports abroad in 2017 (latest data available according to the U.S. Dept. of Agriculture).1
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Top Agricultural exports (2017 values) were:
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|
2017 Value |
2017 State Rank |
|
soybeans |
$1.6 billion |
4 |
|
corn |
$636 million |
5 |
|
feeds and other feed grains |
$501 million |
5 |
|
pork |
$378 million |
5 |
|
soybean meal |
$296 million |
4 |
International Investment Creates Jobs in Indiana
- In 2015 (latest data available), foreign-controlled companies employed 193,000 Indiana workers. Major sources of foreign investment in Indiana included Japan, the United Kingdom and France.
- Foreign investment in Indiana was responsible for 7.2 percent of the state's total private-industry employment in 2015.
Indiana’s Major Metropolitan Areas Benefit from Exporting
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In 2017 (latest data available), the following metropolitan areas in Indiana recorded goods exports: Cincinnati ($28.6 billion), Indianapolis ($10.5 billion), Louisville ($8.9 billion), Evansville ($4 billion), Columbus ($2.1 billion), Elkhar ($1.8 billion), Kokomo ($1.5 billion), Fort Wayne ($1.4 billion), South Bend ($1.3 billion), Lafayette-West Lafayette ($1 billion), Bloomington ($963.4 million), Michigan City ($320.1 million), Terre Haute ($269.6 million), Muncie ($217.6 million).
1Estimates of state exports of agricultural products by the U.S. Dept. of Agriculture and goods exports by the U.S. Dept. of Commerce are based on different methodologies and are not directly comparable
