• Canada–U.S. trade supported 7.1 million U.S. jobs
• Total Canada–U.S. merchandise trade: $535 billion
• 32,750 New Hampshire jobs are supported by Canada–U.S. trade
• Canada is New Hampshire’s largest foreign export market
• Canadians made more than 461,600 visits to New Hampshire, spending $110 million
• New Hampshire residents made 218,600 visits to Canada, spending $82 million

A Close Relationship

In 2007, Canada was New Hampshire’s largest foreign trading partner, purchasing 21% of the state’s worldwide exports. In fact, the Granite State exported more merchandise to its northern neighbor than to its next two largest foreign markets combined. Bilateral trade was stable with $5.8 billion in sales.

Well equipped and communicating clearly

Equipment represented New Hampshire’s leading export sector in 2007. The state enjoyed a modest increase in sales as shipments to Canada grew by 5% to $90 million.

Telecommunications was another profitable sector for the state as sales jumped by almost 25% providing New Hampshire with a trade surplus valued at $14 million. Canadians bought $39 million in computers, which was the state’s largest export commodity. In turn, the state imported $125 million in goods from Canadian equipment and telecommunications manufacturers.

An energy partnership

In 2007, New Hampshire looked north to Canada to meet its energy consumption, purchasing $4.2 billion in energy supplies. State imports of petroleum and coal products — totaling $3.7 billion — originated from eastern Canada’s provinces of Newfoundland and Labrador, and New Brunswick. New Hampshire also bought $527 million in electricity from the province of Québec.

Forest products

Forest products totaling $220 million accounted for New Hampshire’s second most important import sector. The Granite State bought Canadian softwood lumber and wood pulp (both valued at $61 million each) and other goods. Forest products also flowed northward, with state exports to Canada, valued at $52 million.

Scaling new heights in tourism

Whether to enjoy the Granite State’s beaches and lakes, or to climb the highest peak in the Northeast, Canadians considered New Hampshire a favourite destination, making 461,600 visits, spending $110 million on 2007. In turn, New Hampshire residents visited Canada 218,600 times, spending $82 million.

Canada–New Hampshire Success Stories

Irving Oil is a family-owned energy processing, transporting and marketing company, serving wholesale, commercial and retail customers in Eastern Canada, Quebec and New England. While headquartered in St. John, New Brunswick, its U.S. headquarters is located in Portsmouth, N.H. In 2007, Irving Oil reinforced their long-term commitment to the region by purchasing five Foodstop Inc. stores in the Upper Valley Region of New Hampshire and Vermont. The company currently employs over 600 people throughout their New Hampshire locations.

Scientific and technological collaboration in aquaculture

In 2007, researchers and officials in New Hampshire and Canada advanced their efforts to develop new technologies for use in open ocean aquaculture. The University of New Hampshire, the U.S. National Oceanic and Atmospheric Administration, the National Research Council of Canada, and Canada’s Department of Fisheries and Oceans are working collaboratively to develop technology partnerships and increase cross-border collaboration in this important area. Companies from both sides of the border are actively contributing to this initiative by developing new technology and working to understand the impacts of offshore farming.

In December 2007, High Liner Foods purchased Fishery Products International and its subsidiary marketing and manufacturing business. With this purchase, High Liner, a Canadian-owned seafood company with its U.S. division headquarters located in Portsmouth, New Hampshire, gained access to important food service channels and expanded their presence in the U.S. market. High Liner currently employs 200 people in New Hampshire.

June 2008

Tourism

• 461,600 New Hampshire visits by Canadians, $110 million spent
• 218,600 New Hampshire visits to Canada, $82 million spent

Jobs

• New Hampshire jobs supported by Canada–U.S. trade: 32,750

Merchandise Trade

• Exports to Canada: $552 million
• Imports from Canada: $5.3 billion
• Bilateral trade: $5.8 billion
• Largest export market: Canada

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Merchandise trade and tourism figures are from Statistics Canada, converted at the rate of US$1.00=C$1.0749. Merchandise trade is based on total exports and imports for the year 2007. Job numbers are based on 2005 data from a 2006 study commissioned by the Canadian Embassy. Canada’s export ranking is from the World Institute for Strategic Economic Research (WISER). All figures are in U.S. dollars. Figures may not add up due to rounding.