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New Hampshire Export Growth Led Nation in 2013

New Hampshire led a national surge in export growth in 2013, according to the International Trade Administration, increasing its merchandise exports by more than 22 percent, to $4.3 billion.

Nationally, the US set an all-time record for the export of goods and services, reaching $2.3 trillion.

“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.”

The two agencies work closely with companies and manufacturers to connect them with trade opportunities.

“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 US Commercial Service in Durham.

In the second year of funding of the State Trade Export Promotion program, New Hampshire used its nearly $300,000 award last year to provide matching grants to companies that enabled them to receive services about international markets.

New Hampshire’s merchandise export sales in 2013 outpaced the 2012 figures in many top destinations, including: the Czech Republic (+236 percent); Saudi Arabia (+196 percent); the United Arab Emirates (+161 percent); Colombia (+130 percent) and Canada (+109 percent). Key merchandise export categories include: Computer and electronic products; oil and gas; machinery manufactures; fabricated metal products and electrical equipment.

According to the ITA, the state’s largest market last year was Canada, posting merchandise exports of $1.4 billion, representing 31.7 percent of the state’s total merchandise exports. Following Canada was Mexico ($409 million); China ($266 million); Germany ($212 million) and the Netherlands ($177 million).

In 2012 (the latest figures available), the Manchester-Nashua metropolitan region recorded $1.6 billion in exports.

For more information about export, contact Kasim at the ITRC at 603-271-8444 or www.ExportNH.org or Oslowski at US Commercial Service at 603-953-0212.

 

 

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