New Hampshire Manufacturing Facts

Manufacturers in New Hampshire account for 11.47% of the total output in the state, employing 10.35% of the workforce. Total output from manufacturing was $10.06 billion in 2019. In addition, there were an average of 65,000 manufacturing employees in New Hampshire in 2020, with an average annual compensation of $84,826.51 in 2019.

Manufacturing Output and Firms

Total Manufacturing Output ($billions, 2019)
$10.06
(Percent share of total gross state product)
11.47%
Manufacturing Firms in New Hampshire (2017)
1,705

Employment and Compensation

Manufacturing Employment (2020)
65,000
(Percent share of nonfarm employment)
10.35%
Average Annual Compensation (Manufacturing, 2019)
$84,826.51
(Nonfarm Businesses, 2019)
$52,347.77

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 $5.22 billion in manufactured goods exports in 2020. That same year, $1.32 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, 2020)
$5.22
(Percent share of total goods exports)
95.74%
U.S. Jobs Supported by Goods Exports (2016)
18,357
Employment from Manufacturing Exports (Export share of manufacturing jobs, 2011)
25.70%
Small Business Share of Total Exporters (2015)
87.00%
Manufactured Goods to Free Trade Agreement Partners ($billions, 2020)
$1.32
(Percent of total exports, 2020)
25.34%
Germany
13.63%
Canada
11.26%
Ireland
7.51%
United Arab Emirates
6.66%
Japan
6.58%

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.