New Hampshire Manufacturing Facts

Manufacturers in New Hampshire account for 10.00% of the total output in the state, employing 10.03% of the workforce. Total output from manufacturing was $9.99 billion in 2021. In addition, there were an average of 67,000 manufacturing employees in New Hampshire in December 2021, with an average annual compensation of $93,580.90 in 2021.

Manufacturing Output and Firms

Total Manufacturing Output ($billions, 2021)
$9.99
(Percent share of total gross state product)
10.00%
Manufacturing Firms in New Hampshire (2019)
1,676

Employment and Compensation

Manufacturing Employment (December 2021)
67,000
(Percent share of nonfarm employment)
10.03%
Average Annual Compensation (Manufacturing, 2021)
$93,580.90
(Nonfarm Businesses, 2021)
$65,289.44

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 the New Hampshire economy, with $6.09 billion in manufactured goods exports in 2021.

Manufacturing Exports

Manufactured Goods Exports ($billions, 2021)
$6.09
Top 5 Export Markets (total percentage 2021)
48.47%
Germany
14.60%
Canada
13.04%
United Arab Emirates
8.26%
Mexico
6.56%
China
5.99%

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

Figure 4

Additional Trade Facts

  • The 20 U.S. FTA partners purchased 49.38% ($690.92 billion) of U.S. manufactured goods exports in 2021 – 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.