New Hampshire Trade Facts
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In 2018, New Hampshire exported a record $5.3 billion of Made-in-America goods to the world. In 2016, exports from New Hampshire supported an estimated 19 thousand jobs.
Exports from New Hampshire and Jobs
- New Hampshire was the 39th largest state exporter of goods in 2018.
- In 2018, New Hampshire goods exports were $5.3 billion, an increase of 41 percent ($1.6 billion) from its export level in 2008.
- Goods exports accounted for 6.3 percent of New Hampshire GDP in 2018.
- New Hampshire goods exports in 2016 (latest year available) supported an estimated 19 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 New Hampshire and Jobs
- In 2018, New Hampshire exported $5.1 billion of manufactured products.
- New Hampshire exports of manufactured products supported an estimated 18 thousand jobs in 2016.
- The state's largest manufacturing export category is computer & electronic products, which accounted for $1.4 billion of New Hampshire's total goods exports in 2018.
- Other top manufacturing exports are transportation equipment ($983 million), machinery, except electrical ($805 million), chemicals ($538 million), and other fabricated metal products ($343 million).
Exports Sustain Thousands of New Hampshire Businesses many of which are SMEs
- A total of 2,457 companies exported from New Hampshire locations in 2016 (latest year available). Of those, 2,099 (85 percent) were small and medium sized enterprises with fewer than 500 employees.
- Small and medium-sized firms generated 35.4 percent of New Hampshire's total exports of goods in 2016.
New Hampshire Depends on World Markets
- The state’s largest market was Germany. New Hampshire exported $692 million in goods to Germany in 2018, representing 13 percent of the state’s total goods exports.
- Germany was followed by Canada ($668 million), Ireland ($433 million), Mexico ($420 million), and China ($368 million).
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New Hampshire’s exports (2018 value) to major world areas included:
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|
2018 Value |
|
APEC |
$2.5 billion |
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Asia |
$1.7 billion |
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European Union |
$2.1 billion |
|
South/Central America and Caribbean |
$178 million |
|
Sub-Saharan Africa |
$14 million |
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30 percent of New Hampshire’s exports ($1.6 billion) go to current FTA partners.
Agriculture in New Hampshire depends on Exports
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New Hampshire is the country’s 48th largest agricultural exporting state, shipping $76 million 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 Value) were:
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2017 Value |
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2017 State Rank |
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other plant products |
$54 million |
|
43 |
|
dairy products |
$7 million |
|
36 |
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other poultry products |
$7 million |
|
36 |
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other livestock products |
$5 million |
|
47 |
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beef and veal |
$699 thousand |
|
46 |
International Investment Creates Jobs in New Hampshire
- In 2015 (latest data available), foreign-controlled companies employed 43,300 New Hampshire workers. Major sources of foreign investment in New Hampshire included the United Kingdom, Canada and Switzerland.
- Foreign investment in New Hampshire was responsible for 7.7 percent of the state's total private-industry employment in 2015.
New Hampshire’s Major Metropolitan Areas Benefit from Exporting
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In 2017 (latest data available), the following metropolitan areas in New Hampshire recorded goods exports: Manchester ($1.7 billion).
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.
