Forest products total 33 percent of Maine’s 2013 exports
In 2013, Maine’s forest products exports totaled $891 million, which is 33 percent of the state’s total $2.6 billion exports. The forest industry’s three major categories claimed three spots – first, second and fourth — in the year’s list of Maine’s top exports.
The category “Wood and articles of wood” provided one of the brightest notes in the 2013 exports by continuing to rise, from $206 million in 2011, to $277 million, an increase of 34.5 percent.
However, while total U.S. exports grew 2.1 percent from 2012 to 2013, Maine’s total exports fell to $2.6 billion last year, the lowest total since the 2009 financial crisis and about the same as Maine’s 2007 total, according the 2014 Measures of Growth report issued by the Maine Development Foundation.
The sharp decline in Maine’s reported total was driven almost entirely by a loss of semiconductor exports, which dropped from a high of $918 million in 2011 to $457 million in 2012 and just $94 million in 2013.
Without the semiconductor industry data, Maine’s export growth continued (by 37 percent since 2009). Canada remained the leading market for Maine products, receiving half of recorded exports in 2013.
For the detailed list of the 2013 Maine exports in each of the major forest products categories categories, click on the titles below: