Maryland recorded goods exports totaling $3.7 billion in 1995, up 24 percent ($0.7 billion) from 1993. During 1995, Maryland was the 30th largest state exporter of goods.
Marylandís jobs supported by goods exports grew an estimated 13 percent (5,316 jobs) since 1993. Export-related jobs pay 13 to 16 percent higher than the national average.
In 1991, the latest year available, Marylandís exports accounted for 16.7 percent of its manufacturing output and represented 15.6 percent of its total manufacturing employment.
Marylandís exports of manufactured products were up by 24 percent between 1993 and 1995 (from $2.6 billion in 1993 to $3.2 billion in 1995).
The five largest manufacturing sectors in terms of Marylandís exports were: Industrial Machinery and Computers ($616.3 million of exports in 1995), Electronic and Electric Equipment ($524.9 million), Chemical Products ($410.2 million), Transportation Equipment ($362.4 million), and Scientific and Measuring Instruments ($325.0 million). These five sectors accounted for over 60 percent of the stateís total exports in 1995.
Among Marylandís fastest growing manufactured exports (in millions) were:
|Printing and Publishing||$80.6||$143.4||78%|
|Electronic and Electric Equipment||$347.4||$524.9||51%|
Maryland is the countryís 35th largest agricultural exporting state, shipping $178 million in agricultural exports abroad in 1994 (latest year available for Department of Agriculture state export data). The largest export categories, poultry, soybeans and feed grains, accounted for over 75 percent of Marylandís agricultural exports in 1994. Given the 22 percent increase in total U.S. agriculture exports in 1995, agriculture exports from Maryland in 1995 will likely range between $200 million and $220 million.
Total exports from Maryland to NAFTA countries decreased by 14 percent between 1993 (pre-NAFTA) and 1995 (from $820.4 million in 1993 to $710.0 million in 1995). During 1995, Canada was Marylandís largest export market, while Mexico was Marylandís ninth largest export market. Exports to Canada were down by 16 percent ($112.1 million), from $718.6 million in 1993 to $606.5 million in 1995. Marylandís exports to Mexico were up by 2 percent ($1.7 million), from $101.8 million in 1993 to $103.5 million in 1995.
During 1995, Japan was Marylandís fifth largest export market. Total exports from Maryland to Japan were down 5 percent ($8.8 million), to $158.5 million in 1995.
Total exports from Maryland to the European Union were up 40 percent ($355 million), from $890.0 million in 1993 to $1.2 billion in 1995.