We perform a sensitivity study with the Biogeochemical Elemental Cycling (BEC) ocean model to understand the impact of atmospheric inorganic nitrogen deposition on marine biogeochemistry and air‐sea CO2 exchange. Simulations involved examining the response to three different atmospheric inorganic nitrogen deposition scenarios namely, Pre‐industrial (22 Tg N/year), 1990s (39 Tg N/year), and an Intergovernmental Panel on Climate Change (IPCC) prediction for 2100, IPCC‐A1FI (69 Tg N/year). Globally, the increasing N deposition had widespread, but modest effects on export production and air‐sea CO2 exchange. The maximum increase in N deposition was 47 Tg N/year since Pre‐industrial control for the IPCC‐A1FI case, which had an increase in primary production (0.98 Gt C/year or 2%), export production (0.16 Gt C/year or 3%) and a decrease in atmospheric pCO2 of 1.66 ppm (0.6%) relative to the Pre‐industrial control. In some regions, atmospheric N inputs supported >20% of the export production in the current era and >50% of the export production in the IPCC‐A1FI case. As nitrogen deposition increased, N fixation decreased because the diazotrophs were outcompeted by diatoms and small phytoplankton under more N‐replete conditions. This decrease in N fixation could partially counteract the ongoing increase in new nitrogen inputs via atmospheric N deposition.