Maine

State in United States

Exports (2019): $2.7B, Rnk 47/53

Top Destination (2019): $1.4B, Canada

Top Export (2019): $368M, Crustaceans; live, fresh or chilled, lobsters...

Imports (2019): $4.64B, Rnk 42/53

Top Origin (2019): $2.89B, Canada

Top Import (2019): $591M, Petroleum spirit for motor vehicles

Economic Complexity (2019): 0.097, Rnk 42 / 53

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

Exports: In 2019, United States' Maine exported $2.7B, making it the 47th largest exporter out of the 53 exporters in United States. In 2019 the top exports of Maine were Crustaceans; live, fresh or chilled, lobsters... ($368M), Aircraft parts nes ($282M), Natural gas in gaseous state ($167M), Electronic integrated circuits: n.e.c. in heading... ($161M), and Chem wood pulp, soda/sulphate, non-conifer, bleached ($110M).

Imports: In 2019, United States' Maine imported $4.64B, making it the 42nd largest importer out of the 53 importers in United States. In 2019 top imports of Maine were Petroleum spirit for motor vehicles ($591M), Light petroleum distillates nes ($543M), Commodities not specified according to kind ($324M), Electrical energy ($188M), and Crustaceans; live, fresh or chilled, lobsters... ($185M).

Economic Complexity: In 2019, the highest complexity exports of Maine according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.25), Chemical Analysis Instruments (1.78), Vegetable Parchment (1.64), Tensile Testing Machines (1.64), and X-Ray Equipment (1.47). 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, $1.4B

Top Product (2019): Crustaceans; live, fresh or chilled, lobsters..., $368M

In 2019 the top export destinations of Maine were Canada ($1.4B), China ($135M), Malaysia ($112M), Italy ($85.9M), and Japan ($71.6M).

In 2019 the top exports of Maine were Crustaceans; live, fresh or chilled, lobsters... ($368M), Aircraft parts nes ($282M), Natural gas in gaseous state ($167M), Electronic integrated circuits: n.e.c. in heading... ($161M), and Chem wood pulp, soda/sulphate, non-conifer, bleached ($110M).

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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Depth
Year

Top Origin (2019): Canada, $2.89B

Top Import (2019): Petroleum spirit for motor vehicles, $591M

In 2019 the top import origins of Maine were Canada ($2.89B), China ($293M), Germany ($177M), United Kingdom ($90.6M), and Mexico ($89.6M).

In 2019 the top imports of Maine were Petroleum spirit for motor vehicles ($591M), Light petroleum distillates nes ($543M), Commodities not specified according to kind ($324M), Electrical energy ($188M), and Crustaceans; live, fresh or chilled, lobsters... ($185M).

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 Maine throughout time.

This section shows forecasts for total exports and imports from Maine. 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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Maine ranks 42nd 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 Maine already has a comparative advantage, are led by Scrap Lead (0.15), Other Nickel Products (0.15), Newsprint (0.15), Cutting Blades (0.15), and Fork-Lifts (0.15).

Most Complex Products by PCI

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The highest complexity exports of Maine according to the product complexity index (PCI) are Disc Chemicals for Electronics (2.25), Chemical Analysis Instruments (1.78), Vegetable Parchment (1.64), Tensile Testing Machines (1.64), and X-Ray Equipment (1.47). 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 Crustaceans (90.7), Other Animals (72.8), Live Fish (68.3), Vegetable Saps (52), and Kaolin (48.6).

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 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.

Relatedness Space

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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.

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.