Manufacturing Output and Firms
Total Manufacturing Output ($billions, 2018)
$9.85
(Percent share of total gross state product)
11.63%
Manufacturing Firms in New Hampshire (2016)
1,724
New Hampshire Manufacturing Facts
Manufacturers in New Hampshire account for 11.63% of the total output in the state, employing 10.34% of the workforce. Total output from manufacturing was $9.85 billion in 2018. In addition, there were an average of 70,000 manufacturing employees in New Hampshire in 2018, with an average annual compensation of $80,682.68 in 2017.
Employment and Compensation
Manufacturing Employment (2018)
70,000
(Percent share of nonfarm employment)
10.34%
Average Annual Compensation (Manufacturing, 2017)
$80,682.68
(Nonfarm Businesses, 2017)
$49,410.73
Sources: U.S. Bureau of Economic Analysis and the U.S. Census Bureau
Figure 1
Figure 2
Figure 3
New Hampshire Export Facts
Manufacturers help to drive New Hampshire’s economy, with $5.04 billion in manufactured goods exports in 2018. That same year, $1.50 billion in exports was with our free trade agreement (FTA) partners. This helps create jobs in the state, and 25.70% of its employment stemmed from exports in 2011. Small businesses comprised 87.00% percent of all exporters in New Hampshire.
Manufacturing Exports
Manufactured Goods Exports ($billions, 2018)
$5.04
(Percent share of total goods exports)
95.28%
Growth in Manufactured Goods Exports (2010–2018)
21.68%
U.S. Jobs Supported by Goods Exports (2016)
18,357
Employment from Manufacturing Exports (Export share of manufacturing jobs, 2011)
25.70%
Small Business Share of Total Exporters (2015)
87.00%
Manufactured Goods to Free Trade Agreement Partners ($billions, 2018)
$1.50
(Percent of total exports, 2018)
29.82%
Total Manufactured Goods Exports to Canada and Mexico (NAFTA, 2018)
$0.99
Top Five Export Markets (Percent of total manufactured goods exports, 2018)
19.58%
Germany
12.89%
Canada
11.25%
Ireland
8.60%
Mexico
8.33%
China
6.70%
Sources: International Trade Administration, U.S. Census Bureau
Figure 4
Additional Trade Facts
- The 20 U.S. FTA partners purchased nearly 49 percent ($679.46 billion) of U.S. manufactured goods exports in 2018 – 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.