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Foreign Trade

  • Baltimore-Towson is the 10th largest exporting metropolitan area based on % of state export values, with 67.8% of Maryland’s total exports generated from the region.
  • Maryland exported globally to 205 foreign destinations in 2007. The state's largest market in 2007 was NAFTA member Canada, which received exports of $1.5 billion, or 16 percent of the state's 2007 total. Canada was followed by Egypt ($713 million), the United Kingdom ($469 million), Mexico ($466 million), and China ($446 million).

 

Baltimore-Towson Metropolitan Area Exports by Top 5 Global NAICS

NAICS - Description

Export Value: 2005

Export Value: 2006

Export Value: First Half 2007

336 - Transportation Equipment

$965,909,279

$902,879,983

$526,325,074

334 - Computer And Electronic Products

$696,588,480

$847,255,443

$422,801,976

325 - Chemicals

$737,820,367

$755,578,294

$402,188,080

333 - Machinery, Except Electrical

$632,056,817

$397,246,233

$249,027,696

332 - Fabricated Metal Products

$334,523,914

$267,124,790

$93,341,092

RES - All Others (Residual)

$1,608,262,383

$1,651,986,515

$834,134,151

TOTAL

$4,975,161,240

$4,822,071,258

$2,527,818,069

                               Source: Bureau of the Census, U.S. Department of Commerce.

 

Baltimore-Towson Metro Exports by Destination

Destination

Export Value: 2005

Export Value: 2006

Export Value: First Half 2007

Africa

$1,178,038,090

$1,126,597,910

$518,651,548

APEC

$1,996,213,688

$1,743,234,991

$981,819,266

ASEAN

$96,186,180

$83,512,619

$70,274,961

Asia

$744,048,881

$638,224,395

$385,511,823

DR-CAFTA

$34,723,661

$38,506,247

$21,583,914

European Union

$1,189,856,592

$1,311,465,978

$681,183,103

FTAA

$1,443,452,508

$1,301,181,887

$689,028,396

NAFTA

$1,214,833,815

$1,045,583,421

$573,612,999

OPEC

$430,246,666

$354,446,506

$167,971,285

South America

$176,790,077

$197,312,251

$82,939,966

                               Note: These world destinations are based on political, economic, and geographic groupings.
                               Some countries may be members of multiple groups; therefore, values for country groups
                               cannot  be summed to arrive at meaningful totals.
                               Source: Bureau of the Census, U.S. Department of Commerce.

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