Portland, Me

District in Maine, state of United States

Exports (2019): $4.96B, Rnk 35/43

Top Destination (2019): $2.83B, Canada

Top Export (2019): $957M, Aircraft parts nes

Imports (2019): $13.6B, Rnk 33/43

Top Origin (2019): $8.18B, Canada

Top Import (2019): $2.19B, Medicaments nes, in dosage

Economic Complexity (2019): 0.14, Rnk 33 / 43

Overview: This page contains the latest international trade data for Portland, ME, including export and import data.

Exports: In 2019, United States' Portland, Me exported $4.96B, making it the 35th largest exporter out of the 43 exporters in United States. In 2019 the top exports of Portland, Me were Aircraft parts nes ($957M), Radar apparatus ($357M), Crustaceans; live, fresh or chilled, lobsters... ($308M), Natural gas in gaseous state ($192M), and Petroleum oils, oils from bituminous minerals,... ($140M).

Imports: In 2019, United States' Portland, Me imported $13.6B, making it the 33rd largest importer out of the 43 importers in United States. In 2019 top imports of Portland, Me were Medicaments nes, in dosage ($2.19B), Light petroleum distillates nes ($1.15B), Petroleum spirit for motor vehicles ($1.12B), Fixed wing aircraft, unladen weight >... ($985M), and Commodities not specified according to kind ($932M).

Economic Complexity: In 2019, the highest complexity exports of Portland, Me according to the product complexity index (PCI) are Cermets (2.2), Chemical Analysis Instruments (1.78), Fork-Lifts (1.71), Metalworking Machines (1.67), and Vegetable Parchment (1.64). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Yearly Exports

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Top Destination (2019): Canada, $2.83B

Top Product (2019): Aircraft parts nes, $957M

In 2019 the top export destinations of Portland, Me were Canada ($2.83B), United Arab Emirates ($359M), Switzerland ($223M), Oman ($168M), and Austria ($144M).

In 2019 the top exports of Portland, Me were Aircraft parts nes ($957M), Radar apparatus ($357M), Crustaceans; live, fresh or chilled, lobsters... ($308M), Natural gas in gaseous state ($192M), and Petroleum oils, oils from bituminous minerals,... ($140M).

Export Dynamics

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Fastest Growing Exports Destination (July 2019 - July 2020)

Rapidly Declining Export Origins (July 2019 - July 2020)

Yearly Imports

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Year

Top Origin (2019): Canada, $8.18B

Top Import (2019): Medicaments nes, in dosage, $2.19B

In 2019 the top import origins of Portland, Me were Canada ($8.18B), Ireland ($1.9B), France ($1.07B), Israel ($677M), and Germany ($386M).

In 2019 the top imports of Portland, Me were Medicaments nes, in dosage ($2.19B), Light petroleum distillates nes ($1.15B), Petroleum spirit for motor vehicles ($1.12B), Fixed wing aircraft, unladen weight >... ($985M), and Commodities not specified according to kind ($932M).

Import Dynamics

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Fastest Growing Import Origins (July 2019 - July 2020)

Rapidly Declining Import Origins (July 2019 - July 2020)

Comparison in Time

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This section shows differences between total trade from Portland, ME throughout time.

This section shows forecasts for total exports and imports from Portland, ME. The forecast is based in a Long Short-Term Memory Model constructed using monthly trade data.

Explore Forecasts

Economic Complexity

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Economic Complexity of United States

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Portland, Me ranks 33rd out of the 43 districts in United States according to ECI.

Estimated using exports data.

Discover Economic Complexity

Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Portland, Me already has a comparative advantage, are led by Insulating Glass (0.23), Traffic Signals (0.22), Malt (0.22), Other Printed Material (0.22), and Whey (0.22).

Most Complex Products by PCI

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The highest complexity exports of Portland, Me according to the product complexity index (PCI) are Cermets (2.2), Chemical Analysis Instruments (1.78), Fork-Lifts (1.71), Metalworking Machines (1.67), and Vegetable Parchment (1.64). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

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The most specialized products according to the RCA index are led by Military Weapons (232), Weapons Parts and Accessories (95), Navigation Equipment (56.8), Compounded Unvulcanised Rubber (44), and Crustaceans (43.7).

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 Portland, Me 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.

Relatedness Space

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

Diversification Frontier

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Depth
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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.