Overview: In January 2021 New Hampshire exported $497M and imported $582M, resulting in a negative trade balance of $85.5M. Between January 2020 and January 2021 the exports of New Hampshire have increased by $56.1M (12.7%) from $441M to $497M, while imports decreased by $-106M (-15.4%) from $688M to $582M.
Trade: In January 2021, the top exports of New Hampshire were Aircraft Parts ($87.8M), Telephones ($43.6M), Broadcasting Accessories ($31.7M), Industrial Printers ($21.9M), and Liquid Pumps ($20.9M). In January 2021 the top imports of New Hampshire were Gas Turbines ($144M), Refined Petroleum ($45.6M), Telephones ($26.9M), Leather Footwear ($19.6M), and Transmissions ($15.3M).
Destinations: In January 2021, New Hampshire exported mostly to Germany ($77.6M), United Arab Emirates ($59.5M), Canada ($56.7M), Qatar ($36.4M), and China ($33.4M), and imported mostly from Canada ($123M), China ($55.7M), Japan ($44.6M), Germany ($41.9M), and Poland ($41M).
Growth: In January 2021, the increase in New Hampshire's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates ($44.2M or 289%), Qatar ($34.9M or 2.42k%), and Hong Kong ($10.4M or 67%), and product exports increase in Broadcasting Accessories ($27M or 574%), Liquid Pumps ($20.4M or 3.62k%), and Computers ($13M or 212%). In January 2021, the decrease in New Hampshire's year-by-year imports was explained primarily by an decrease in imports from Japan ($-23.5M or -34.5%), Canada ($-22.3M or -15.3%), and China ($-18.4M or -24.8%), and product imports decrease in Gas Turbines ($-46.4M or -24.4%), Leather Footwear ($-12.4M or -38.8%), and Refined Petroleum ($-11.9M or -20.7%).