Processing Your Payment

Please do not leave this page until complete. This can take a few moments.

December 19, 2014

Report: Maine foreign exports decline

Exported goods from Maine have declined by 12% from 2012 to 2013, according to new data from the U.S. Census Bureau. But that decline may be due to a change in the reporting method by one of the exporting companies.

The Lewiston Sun Journal wrote that Maine’s total value in exported goods was $2.68 billion in 2013, $370 million less than the reported $3.05 billion in 2012. Exports to Canada, however, increased by 3.5%, while exports to China decreased by 10%.

Janine Bisaillon-Cary, president of the Maine International Trade Center and state director for international trade, told the newspaper that Maine’s overall decline is based on how a semiconductor manufacturer in Maine changed its reporting method for exports. She said the company now reports from the port of export and not on exports from Maine.

The new data shows that Maine’s top exported commodities, including raw lumber and potatoes, decreased overall by approximately 10%. Exports from the paper, aerospace and electronic integrated circuit sectors saw sharper declines. However, exports of lobster, blueberries, cranberries and salmon saw individual increases.

Read more

Are Maine's overseas trade missions worth the time and money?

Janine Cary waves the flag to take Maine products global

'Big stick' ideology may give the needed leverage in overseas business relationships

Trade winds: Maine companies look to Asian growth markets

Sign up for Enews

Related Content

Comments

Order a PDF