New Hampshire

New Hampshire Exports and Foreign Investment

In 2024, New Hampshire exported $7.1 billion of goods to the world. In 2022, exports from New Hampshire supported an estimated 23 thousand jobs (latest data available).

Exports from New Hampshire and Jobs

• New Hampshire was the 37th largest state exporter of goods in 2024.
• In 2024, New Hampshire goods exports were $7.1 billion, an increase of 68 percent ($2.9 billion) from its export level in 2014.
• Goods exports accounted for 6.9 percent of New Hampshire GDP in 2023 (latest data available).
• New Hampshire goods exports in 2022 supported an estimated 23 thousand jobs (latest data available). Nationally, jobs supported by goods exports pay up to an estimated 18 percent above the national average.

Manufacturing Exports from New Hampshire and Jobs

• In 2024, New Hampshire exported $6.8 billion of manufactured products.
• New Hampshire exports of manufactured products supported an estimated 22 thousand jobs in 2022 (latest data available).
• The state's largest manufacturing export category is transportation equipment, which accounted for $1.8 billion of New Hampshire's total goods exports in 2024.
• Other top manufacturing exports are computer & electronic products ($1.5 billion), machinery, except electrical ($1.2 billion), chemicals ($804 million), and fabricated metal products, not elsewhere specified ($332 million).

Exports Sustain Thousands of New Hampshire Businesses many of which are SME.

• A total of 2,443 companies exported from New Hampshire locations in 2022 (latest data available). Of those, 2,091 (86 percent) were small and medium sized enterprises with fewer than 500 employees.
• Small and medium-sized firms generated 37.6 percent of New Hampshire's total exports of goods in 2022.

New Hampshire Depends on World Markets

• The state’s largest market was Germany. New Hampshire exported $1.4 billion in goods to Germany in 2024, representing 19 percent of the state’s total goods exports.
• Germany was followed by Canada ($1.2 billion), Mexico ($618 million), Japan ($385 million), and China ($369 million).
• New Hampshire’s exports to major world areas included:

 

• 32 percent of New Hampshire’s goods exports ($2.3 billion) in 2024 went to current FTA partners.  

Agriculture in New Hampshire depends on Exports

• New Hampshire is the country’s 48th largest agricultural exporting state, shipping $79 million in domestic agricultural exports abroad in 2022 (latest data available according to the U.S. Dept. of Agriculture).
• Top Agricultural exports were:

	2022 Value	2022 State Rank
other plant products	$53 million	44
dairy products	$10 million	37
other poultry products	$9 million	39
other livestock products	$5 million	48
beef and veal	$1 million	47

International Investment Creates Jobs in New Hampshire

• In 2022 (latest data available), foreign-controlled companies employed 52,300 New Hampshire workers. Major sources of foreign investment in New Hampshire included the United Kingdom, Canada and Japan.
• Foreign investment in New Hampshire was responsible for 8.6 percent of the state's total private-industry employment in 2022.

New Hampshire’s Major Metropolitan Areas Benefit from Exporting
In 2023 (latest data available), the following metropolitan areas in New Hampshire recorded goods exports: Boston-Cambridge-Newton ($34.5 billion), and Manchester-Nashua ($2.4 billion).