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Overview This page contains the latest international trade data for New Hampshire. In January 2024 New Hampshire was the number 36 in total exports and the number 38 in total imports in United States.

Exports In 2023, United States' New Hampshire exported $7.25B, making it the 36th largest exporter out of the 53 exporters in United States. In 2023 the top exports of New Hampshire were Other Aircraft parts ($1.66B), Immunological products packings for retail sale ($576M), Communication apparatus (excluding telephone sets or... ($436M), Parts of industrial/etc electric furnaces/ovens nes ($208M), and Portable Computers under 10kg with Keyboard... ($186M).

Imports In 2023, United States' New Hampshire imported $9.59B, making it the 38th largest importer out of the 53 importers in United States. In 2023 top imports of New Hampshire were Parts of turbo-jet or turbo-propeller engines ($2.76B), Light petroleum distillates nes ($476M), Commodities not specified according to kind ($452M), Other cellular plastic sheets ($267M), and Boots, sole rubber or plastic upper... ($201M).

Economic Complexity In 2023, the highest complexity exports of New Hampshire according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.04), Non-Mechanical Removal Machinery (1.9), Oscilloscopes (1.81), Metal Pickling Preparations (1.79), Metal Lathes (1.78), Rolling Machines (1.71), Lubricating Products (1.68), Metal Finishing Machines (1.64), Drafting Tools (1.63), and Chemical Analysis Instruments (1.63). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

Yearly Exports

Color
Depth
Top Destination (2023)Canada$1.43B
Top Product (2023)Other Aircraft parts $1.66B

In 2023 the top export destinations of New Hampshire were Canada ($1.43B), Germany ($1.29B), Mexico ($699M), United Arab Emirates ($356M), and China ($349M).

In 2023 the top exports of New Hampshire were Other Aircraft parts ($1.66B), Immunological products packings for retail sale ($576M), Communication apparatus (excluding telephone sets or... ($436M), Parts of industrial/etc electric furnaces/ovens nes ($208M), and Portable Computers under 10kg with Keyboard... ($186M).

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Exports Dynamics

Fastest Growing Exports Destination (Jan 2023 - Jan 2024)
Canada $47.9M (50.9%)
Germany $28.3M (22.9%)
Italy $23.8M (124%)
Rapidly Declining Export Origins (Jan 2023 - Jan 2024)
Poland -$209M (-90.9%)
Belgium -$24.1M (-97.2%)
Mexico -$16.9M (-25%)

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Yearly Imports

Color
Depth
Top Origin (2023)Canada$2.02B

In 2023 the top import origins of New Hampshire were Canada ($2.02B), Japan ($960M), Germany ($834M), Poland ($802M), and China ($494M).

In 2023 the top imports of New Hampshire were Parts of turbo-jet or turbo-propeller engines ($2.76B), Light petroleum distillates nes ($476M), Commodities not specified according to kind ($452M), Other cellular plastic sheets ($267M), and Boots, sole rubber or plastic upper... ($201M).

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Imports Dynamics

Fastest Growing Import Origins (Jan 2023 - Jan 2024)
Poland $32.2M (64.8%)
Japan $16.5M (24.8%)
Taiwan $15.6M (133%)
Rapidly Declining Import Origins (Jan 2023 - Jan 2024)
Canada -$15.6M (-7.83%)
France -$12.8M (-58.4%)
Germany -$10.8M (-16.5%)

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Economic Complexity

Economic Complexity of New Hampshire

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Economic Complexity (2023)0.65

New Hampshire ranks 1st out of the 53 states and territories in United States according to ECI.

The Economic Complexity Index, or ECI, is a measure of an economy’s capacity which can be inferred from data connecting locations to the activities that are present in them. For more info about Economic Complexity, visit the Economic Complexity page.

Estimated using exports data.

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Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were New Hampshire already has a comparative advantage, are led by Prints (0.21), Non-optical Microscopes (0.2), Precious Metal Compounds (0.2), Tensile Testing Machines (0.2), and Cutting Blades (0.2).

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Most Complex Products by PCI

The highest complexity exports of New Hampshire according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.04), Non-Mechanical Removal Machinery (1.9), Oscilloscopes (1.81), Metal Pickling Preparations (1.79), Metal Lathes (1.78), Rolling Machines (1.71), Lubricating Products (1.68), Metal Finishing Machines (1.64), Drafting Tools (1.63), and Chemical Analysis Instruments (1.63). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

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Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Binoculars and Telescopes (106.77), Electric Furnaces (102.14), Aircraft Parts (69.15), Handguns (65.57), and Military Weapons (59.72).

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Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since New Hampshire is more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.

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Relatedness Space

This network shows the products most related to the production structure of  New Hampshire. These are products that tend to be co-exported with the products that New Hampshire exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

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Diversification Frontier

Depth
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The Complexity-Relatedness diagram compares the risk and the strategic value of a territory's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions. Bubble size corresponds to exports value by year 2020.

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