Maryland

Overview In November 2024 Maryland exported $1.48B and imported $4.11B, resulting in a negative trade balance of $2.64B. Between November 2023 and November 2024 the exports of Maryland have decreased by $-86.3M (-5.52%) from $1.56B to $1.48B, while imports increased by $276M (7.21%) from $3.84B to $4.11B.

Trade In November 2024, the top exports of Maryland were Aircraft parts (gliders, balloons, and powered... ($304M), Petroleum Gas ($152M), Vaccines, blood, antisera, toxins and cultures ($93.8M), Commodities not elsewhere specified ($59.7M), and Laboratory Reagents ($49.6M). In November 2024 the top imports of Maryland were Cars ($1.73B), Large Construction Vehicles ($94.5M), Telephones ($87M), Raw Aluminium ($67.5M), and Tractors ($66.2M).

Destinations In November 2024, Maryland exported mostly to France ($228M), Canada ($157M), Netherlands ($114M), Japan ($91.4M), and China ($86.6M), and imported mostly from Germany ($939M), Japan ($442M), Mexico ($437M), Canada ($234M), and China ($187M).

Growth In November 2024, the decrease in Maryland's year-by-year exports was explained primarily by an decrease in exports to South Korea ($-173M or -90.8%), Spain ($-51.6M or -96%), and Netherlands ($-35.9M or -23.9%), and product exports decrease in Planes, Helicopters, and/or Spacecraft ($-149M or -98.7%), Coal Briquettes ($-56.7M or -58.1%), and Petroleum Gas ($-43.8M or -22.4%). In November 2024, the increase in Maryland's year-by-year imports was explained primarily by an increase in imports from Germany ($355M or 60.7%), Vietnam ($84.9M or 135%), and Finland ($62.2M or 182%), and product imports increase in Cars ($241M or 16.1%), Kaolin Coated Paper ($42.5M or 461%), and Sulfate Chemical Woodpulp ($35.1M or 1.87k%).