New Hampshire

State in United States

2019
Economic
Complexity
: 0.6, Rank 2 of 53

Jan 2021
Trade
Exports | Imports
: $497M | $582M, 37 of 54 | 40 of 54

Jan 2021
Country
Destination | Origin
: Germany | Canada , $77.6M  | $123M

Jan 2021
Product
Exports | Imports
: Aircraft Parts | Gas Turbines , $87.8M  | $144M

Overview: This page contains the latest international trade data for New Hampshire, including export and import data.

Exports: In 2020, United States' New Hampshire exported $5.45B, making it the 36th largest exporter out of the 53 exporters in United States. In 2020 the top exports of New Hampshire were Aircraft parts nes ($928M), Medicaments nes, formulated, in bulk ($327M), Printing machinery: parts and accessories, n.e.c.... ($182M), Parts for radio/tv transmit/receive equipment, nes ($173M), and Telephones for cellular networks or for... ($168M).

Imports: In 2020, United States' New Hampshire imported $6.94B, making it the 39th largest importer out of the 53 importers in United States. In 2020 top imports of New Hampshire were Parts of turbo-jet or turbo-propeller engines ($1.62B), Light petroleum distillates nes ($290M), Commodities not specified according to kind ($249M), Sheet etc, cellular of plastics nes ($194M), and Footwear, sole rubber, plastics uppers of... ($159M).

Economic Complexity: In 2019, the highest complexity exports of New Hampshire according to the product complexity index (PCI) are Metal Lathes (1.88), Other Measuring Instruments (1.86), Mirrors and Lenses (1.56), Valves (1.34), and Gaskets (1.33). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Comparison in Time

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This section shows the differences between New Hampshire's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit United States's country profile.

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Yearly Exports

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Top Destination (2020): Germany, $751M

Top Product (2020): Aircraft parts nes, $928M

In 2020 the top export destinations of New Hampshire were Germany ($751M), Canada ($660M), Ireland ($392M), Japan ($352M), and United Arab Emirates ($348M).

In 2020 the top exports of New Hampshire were Aircraft parts nes ($928M), Medicaments nes, formulated, in bulk ($327M), Printing machinery: parts and accessories, n.e.c.... ($182M), Parts for radio/tv transmit/receive equipment, nes ($173M), and Telephones for cellular networks or for... ($168M).

Exports Dynamics

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Fastest Growing Exports Destination (Jan 2020 - Jan 2021)

Rapidly Declining Export Origins (Jan 2020 - Jan 2021)

Yearly Imports

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Top Origin (2020): Canada, $1.39B

Top Import (2020): Parts of turbo-jet or turbo-propeller engines, $1.62B

In 2020 the top import origins of New Hampshire were Canada ($1.39B), China ($716M), Japan ($585M), Germany ($548M), and Poland ($469M).

In 2020 the top imports of New Hampshire were Parts of turbo-jet or turbo-propeller engines ($1.62B), Light petroleum distillates nes ($290M), Commodities not specified according to kind ($249M), Sheet etc, cellular of plastics nes ($194M), and Footwear, sole rubber, plastics uppers of... ($159M).

Imports Dynamics

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Fastest Growing Import Origins (Jan 2020 - Jan 2021)

Rapidly Declining Import Origins (Jan 2020 - Jan 2021)

Economic Complexity

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Economic Complexity of United States

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New Hampshire ranks 2nd out of the 53 states and territories in United States according to ECI.

Estimated using exports data.

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Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were New Hampshire already has a comparative advantage, are led by Tensile Testing Machines (0.2), Cutting Blades (0.2), X-Ray Equipment (0.2), Photo Lab Equipment (0.2), and Liquid Pumps (0.19).

Most Complex Products by PCI

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The highest complexity exports of New Hampshire according to the product complexity index (PCI) are Metal Lathes (1.88), Other Measuring Instruments (1.86), Mirrors and Lenses (1.56), Valves (1.34), and Gaskets (1.33). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

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The most specialized products according to the RCA index are led by Binoculars and Telescopes (140), Pig and Poultry Fat (89.6), Military Weapons (83), Handguns (81.5), and Unpackaged Medicaments (64.2).

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.

Relatedness Space

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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.

Diversification Frontier

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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.