Maine Export Fact Sheet - International Trade Administration

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goods and services exports in 2016. Maine goods ... companies exported from Maine locations in. 2014. ... is the 146th l
Maine Exports, Jobs, & Foreign Investment Maine Depends on World Markets •

Exports from Maine helped contribute to the $2.21 trillion of U.S. goods and services exports in 2016.

$2.9 billion Maine’s Top 5 Export Markets

Maine goods exports in 2016 Maine’s Top 5 Export Categories

(Millions of U.S. Dollars)

(Millions of U.S. Dollars)

1,350

Fish & Other Marine Products

489

Paper

418

Transportation Equipment 216

Canada

Exports Support Jobs •

Nationally, U.S. jobs supported by exports reached an estimated 11.5 million in 2015, up 1.9 million from 2009.

Germany

207

China

165

93

Malaysia

Japan

377

Computer & Electronic Products Oil & Gas

Jobs Supported by Maine Goods Exports

328 156

17,543

Up by 2 Thousand Jobs Since 2009

U.S. jobs supported by goods exports from Maine in 2015

17,543 16,037

54% of these jobs 2009

Exports Sustain Thousands of Maine Businesses •

A total of 2,262 companies exported from Maine locations in 2014.

1,886

were supported by manufactured goods exports

2015

Number of small and medium-sized (SME) goods exporters in Maine in 2014

SMEs account for 83% of Maine goods exporters

...and 58% of known Maine goods export value Exports from SMEs

SME Exporters

Updated February 2017

Department of Commerce

|

International Trade Administration

Maine Exports, Jobs, & Foreign Investment Foreign Investment & Jobs in Maine •

In 2014, foreign-owned companies employed 32,500 Maine workers

Maine Employment in Foreign-Owned Companies Number of Employees by Country of UBO

Canada Switzerland United Kingdom Germany Japan

2,400

Share of Maine privateindustry employment at foreign-owned firms

2,100 1,700 1,300

Free Trade Agreements •

The U.S. currently has 14 free trade agreements in force with 20 countries.



Maine’s exports to U.S. FTA partners totaled $1.6 billion in 2016.

Maine’s Metropolitan Exports •

Portland-South Portland is the 146th largest metro area reporting exports nationwide.

6.4%

8,200

In 2016, exports to FTA markets accounted for 55% of Maine exports

Since 2006, exports from Maine to FTA markets have grown by 33% Top Dollar Growth, 2006-16 (Millions of U.S. Dollars)

NAFTA

Current FTA Partners

418

Australia

10

Colombia

8

Israel

2

Oman

2

Metro Area

2015 Goods Export Value

Portland-South Portland Bangor Lewiston-Auburn

$1.1 billion $129 million $113 million

Share of State Exports 47.7% 5.4% 4.7%

Prepared by the Office of Trade and Economic Analysis, International Trade Administration, U.S. Department of Commerce. For more resources please see www.trade.gov/mas/ian. Sources include resources from the U.S. Department of Commerce’s International Trade Administration, Bureau of the Census, and Bureau of Economic Analysis.

Updated February 2017

Department of Commerce

|

International Trade Administration