Maryland exports support nearly 60,000 jobs
Whether you’re a longshoreman at the Port of Baltimore or the owner of an electronics company that ships to the United Kingdom, you play a role in Maryland’s $12.2 billion international trade market.
Maryland exports supported 59,650 jobs in 2014, an increase of 3,802 (6.8 percent) from 2009, the U.S. Department of Commerce announced this week with the release of its Jobs Supported by State Exports 2014 economic brief.
“Maryland companies of all sizes are exploring the benefits of exporting and introducing their world-class products to the 95 percent of consumers living outside U.S. borders,” said Under Secretary of Commerce for International Trade Stefan M. Selig. “The Department of Commerce is dedicated to helping these firms expand their exports while strengthening our economy and supporting jobs in communities across Maryland and our nation.”
Maryland exports consisted of transportation equipment, chemicals, computer and electronic products, machinery manufactures, and primary metal manufactures. Leading destinations for goods in 2014 included Canada, Saudi Arabia, China, Egypt and the United Kingdom.
Roughly a third of Maryland’s exports, worth nearly $3.8 billion, went to free trade partners, the Department of Commerce reports, with significant growth in sales to Canada, Australia, Mexico and Singapore.
Find additional details and insights on Maryland export data from Mikra Krasniqi, an economist at the Maryland Department of Business and Economic Development.