2020 New Hampshire Manufacturing Facts

New Hampshire Manufacturing Facts

Manufacturers in New Hampshire account for 11.63% of the total output in the state, employing 10.14% 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 2019, with an average annual compensation of $83,494.92 in 2018.

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 (2017)
1,705

Employment and Compensation

Manufacturing Employment (2019)
70,000
(Percent share of nonfarm employment)
10.14%
Average Annual Compensation (Manufacturing, 2018)
$83,494.92
(Nonfarm Businesses, 2018)
$50,811.94

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

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New Hampshire Export Facts

Manufacturers help to drive New Hampshire’s economy, with $5.60 billion in manufactured goods exports in 2019. That same year, $1.58 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, 2019)
$5.60
(Percent share of total goods exports)
96.01%
Growth in Manufactured Goods Exports (2010–2019)
35.22%
U.S. Jobs Supported by Goods Exports (2016)
18,357
Employment from Manufacturing Exports (Export share of manufacturing jobs, 2011)
25.70%
Small Business Share of Total Exporters (2015)
87.00%
Manufactured Goods to Free Trade Agreement Partners ($billions, 2019)
$1.58
(Percent of total exports, 2019)
28.24%
Total Manufactured Goods Exports to Canada and Mexico (USMCA, 2019)
$1.18
Top Five Export Markets (Percent of total manufactured goods exports, 2019)
21.15%
Germany
17.27%
Canada
13.87%
Ireland
8.64%
Mexico
8.64%
Japan
5.92%

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

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Additional Trade Facts

  • The 20 U.S. FTA partners purchased 48.3% ($659.49 billion) of U.S. manufactured goods exports in 2019 – 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.