Forest products are 33 percent of 2013 Maine exports
In 2013, Maine’s forest products exports totaled $891,369,413, 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 $205,989,823 in 2011, to $235,366,459 in 2012, to $277,223,021, an increase of 3.5 percent since 2011.
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.
For the detailed list of the 2013 Maine exports in each of the major forest products categories categories, click on the titles below: