Maryland

State in United States

Exports (2019): $13.1B, Rnk 30/53

Top Destination (2019): $1.94B, France

Top Export (2019): $1.81B, Aircraft parts nes

Imports (2019): $35.1B, Rnk 18/53

Top Origin (2019): $4.44B, United Kingdom

Top Import (2019): $8.86B, Medium Sized Cars

Economic Complexity (2019): 0.22, Rnk 32 / 53

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

Exports: In 2019, United States' Maryland exported $13.1B, making it the 30th largest exporter out of the 53 exporters in United States. In 2019 the top exports of Maryland were Aircraft parts nes ($1.81B), Natural gas, liquefied ($1.51B), Composite diagnostic or laboratory reagents, nes ($522M), Nickel: articles thereof n.e.c. in item... ($370M), and Munitions of war, ammunition/projectiles and parts ($295M).

Imports: In 2019, United States' Maryland imported $35.1B, making it the 18th largest importer out of the 53 importers in United States. In 2019 top imports of Maryland were Medium Sized Cars ($8.86B), Large Sized Cars ($2.06B), Communication apparatus (excluding telephone sets or... ($1.21B), Small Sized Cars ($673M), and Aluminium unwrought, alloyed ($628M).

Economic Complexity: In 2019, the highest complexity exports of Maryland according to the product complexity index (PCI) are Metalworking Transfer Machines (2.43), Machinery Having Individual Functions (2.02), Chemical Analysis Instruments (1.78), Fork-Lifts (1.71), and Wrenches (1.68). 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): France, $1.94B

Top Product (2019): Aircraft parts nes, $1.81B

In 2019 the top export destinations of Maryland were France ($1.94B), Canada ($1.64B), Japan ($1.03B), Netherlands ($706M), and United Kingdom ($565M).

In 2019 the top exports of Maryland were Aircraft parts nes ($1.81B), Natural gas, liquefied ($1.51B), Composite diagnostic or laboratory reagents, nes ($522M), Nickel: articles thereof n.e.c. in item... ($370M), and Munitions of war, ammunition/projectiles and parts ($295M).

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): United Kingdom, $4.44B

Top Import (2019): Medium Sized Cars, $8.86B

In 2019 the top import origins of Maryland were United Kingdom ($4.44B), Germany ($4.38B), Japan ($3.82B), Mexico ($2.92B), and China ($2.76B).

In 2019 the top imports of Maryland were Medium Sized Cars ($8.86B), Large Sized Cars ($2.06B), Communication apparatus (excluding telephone sets or... ($1.21B), Small Sized Cars ($673M), and Aluminium unwrought, alloyed ($628M).

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 Maryland throughout time.

This section shows forecasts for total exports and imports from Maryland. 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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Maryland ranks 32nd out of the 53 states and territories 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 Maryland already has a comparative advantage, are led by X-Ray Equipment (0.22), Non-optical Microscopes (0.22), Planes, Helicopters, and/or Spacecraft (0.22), Halides (0.22), and Titanium (0.22).

Most Complex Products by PCI

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The highest complexity exports of Maryland according to the product complexity index (PCI) are Metalworking Transfer Machines (2.43), Machinery Having Individual Functions (2.02), Chemical Analysis Instruments (1.78), Fork-Lifts (1.71), and Wrenches (1.68). 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 Other Nickel Products (305), Nickel Pipes (148), Recovered Paper Pulp (96.6), Explosive Ammunition (65.5), and Micro-Organism Culture Preparations (53.6).

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 Maryland 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  Maryland. These are products that tend to be co-exported with the products that Maryland 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.