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NH exports increased by 22 percent in 2013
Question of the Day
CONCORD, N.H. (AP) - New Hampshire increased its export of merchandise in 2013 by 22 percent over the previous year - leading a national surge that saw the U.S. exported a record $2.3 trillion in goods and services.
New Hampshire’s export of merchandise and services totaled $4.3 billion last year, according to the New Hampshire Department of Resources and Economic Development.
The state’s largest foreign market is Canada, followed by Mexico, China, Germany and the Netherlands.
The U.S. Commerce Department’s International Trade Administration says the state’s largest export category is computer and electronic parts, which accounted for $1.2 billion in exports last year.
International Trade Administration statistics show that about 2,800 New Hampshire companies export merchandise and services. The jobs of 25 percent of all of manufacturing workers in the state depend on exports.
“We can attribute our growth to several factors, not the least of which is the savvy and innovative nature of our companies - their products are in demand around the globe,” said Tina Kasim, program manager for the International Trade Resource Center. “The other important factor is the strong partnership we have with the US Department of Commerce here in New Hampshire.”
“These numbers show that New Hampshire exporters continue to take advantage of international growth opportunities to diversify their market portfolios and grow their businesses,” said Justin Oslowski, director of U.S. Commercial Service Office in Durham.
New Hampshire’s merchandise export sales in 2013 outpaced the 2012 figures in many top destinations, including: the Czech Republic, Saudi Arabia, the United Arab Emirates and Colombia.
In addition to computer and electronic products, key exports include oil and gas, machinery, fabricated metal products and electrical equipment.
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