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Overview This page contains the latest international trade data for Maine. In January 2024 Maine was the number 47 in total exports and the number 40 in total imports in United States.

Exports In 2023, United States' Maine exported $3.42B, making it the 47th largest exporter out of the 53 exporters in United States. In 2023 the top exports of Maine were Other Aircraft parts ($371M), Crustaceans; live, fresh or chilled, lobsters... ($285M), Electronic integrated circuits: n.e.c. in heading... ($180M), Natural gas in gaseous state ($178M), and Other diagnostic reagents ($146M).

Imports In 2023, United States' Maine imported $8.15B, making it the 40th largest importer out of the 53 importers in United States. In 2023 top imports of Maine were Petroleum spirit for motor vehicles ($1.59B), Light petroleum distillates nes ($1.28B), Electrical energy ($390M), Commodities not specified according to kind ($266M), and Fixed wing aircraft, unladen weight >... ($133M).

Economic Complexity In 2023, the highest complexity exports of Maine according to the product complexity index (PCI) are Chemical Analysis Instruments (1.63), Vegetable Parchment (1.55), Laboratory Reagents (1.31), Nickel Pipes (0.96), Steam Turbines (0.77), Molybdenum (0.76), Weapons Parts and Accessories (0.76), Kaolin Coated Paper (0.69), Cellulose (0.68), and Military Weapons (0.57). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

Yearly Exports

Color
Depth
Top Destination (2023)Canada$1.43B
Top Product (2023)Other Aircraft parts $371M

In 2023 the top export destinations of Maine were Canada ($1.43B), Malaysia ($132M), China ($123M), Mexico ($100M), and Japan ($90.6M).

In 2023 the top exports of Maine were Other Aircraft parts ($371M), Crustaceans; live, fresh or chilled, lobsters... ($285M), Electronic integrated circuits: n.e.c. in heading... ($180M), Natural gas in gaseous state ($178M), and Other diagnostic reagents ($146M).

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Exports Dynamics

Fastest Growing Exports Destination (Jan 2023 - Jan 2024)
Ghana $50M (83.9k%)
Japan $34.2M (627%)
Egypt $10.6M (40.7k%)
Rapidly Declining Export Origins (Jan 2023 - Jan 2024)
Canada -$47.5M (-35.8%)
Brazil -$5.68M (-87.8%)
United Kingdom -$2.23M (-40.5%)

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Yearly Imports

Color
Depth
Top Origin (2023)Canada$5.08B

In 2023 the top import origins of Maine were Canada ($5.08B), Germany ($236M), China ($167M), Netherlands ($157M), and Faroe Islands ($145M).

In 2023 the top imports of Maine were Petroleum spirit for motor vehicles ($1.59B), Light petroleum distillates nes ($1.28B), Electrical energy ($390M), Commodities not specified according to kind ($266M), and Fixed wing aircraft, unladen weight >... ($133M).

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Imports Dynamics

Fastest Growing Import Origins (Jan 2023 - Jan 2024)
Colombia $4.34M (13.2k%)
Netherlands $3.73M (94.1%)
Brazil $2.34M (232%)
Rapidly Declining Import Origins (Jan 2023 - Jan 2024)
Canada -$58.1M (-10.9%)
Germany -$7.14M (-43%)
Sweden -$4.72M (-90.6%)

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Economic Complexity

Economic Complexity of Maine

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Economic Complexity (2023)0.09

Maine ranks 44th out of the 53 states and territories in United States according to ECI.

The Economic Complexity Index, or ECI, is a measure of an economy’s capacity which can be inferred from data connecting locations to the activities that are present in them. For more info about Economic Complexity, visit the Economic Complexity page.

Estimated using exports data.

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Export Opportunities by Relatedness

The top export opportunities according to the relatedness level, without considering those products were Maine already has a comparative advantage, are led by Stainless Steel Ingots (0.17), Cutting Blades (0.16), Liquid Fuel Furnaces (0.16), Dairy Machinery (0.16), and Shaped Wood (0.16).

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Most Complex Products by PCI

The highest complexity exports of Maine according to the product complexity index (PCI) are Chemical Analysis Instruments (1.63), Vegetable Parchment (1.55), Laboratory Reagents (1.31), Nickel Pipes (0.96), Steam Turbines (0.77), Molybdenum (0.76), Weapons Parts and Accessories (0.76), Kaolin Coated Paper (0.69), Cellulose (0.68), and Military Weapons (0.57). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

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Most Specialized Products by RCA Index

The most specialized products according to the RCA index are led by Other Animals (130.63), Crustaceans (67.80), Live Fish (65.21), Paper Spools (55.25), and Rough Wood (53.06).

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Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since Maine is more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.

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Relatedness Space

This network shows the products most related to the production structure of  Maine. These are products that tend to be co-exported with the products that Maine exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

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Diversification Frontier

Depth
Filter

The Complexity-Relatedness diagram compares the risk and the strategic value of a territory's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions. Bubble size corresponds to exports value by year 2020.

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