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.
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