Maryland’s chemical industry and major manufacturers, including Northrop Grumman and Lockheed Martin, drive exports and create thousands of jobs in the state. Maryland’s exports totaled $18.4 billion in 2023, supporting nearly 825,000 good-paying Maryland jobs tied to international trade.

• In Maryland, 824,500 jobs were supported by trade, representing 21.7% of all jobs in the state.^1,2
• In 2022, 6,901 companies exported goods from Maryland of which 89% were small- and medium-sized enterprises. In 2021, 117,800 people were employed by affiliates of companies at least 50% foreign-owned.^3,4

• Maryland exported $18.4 billion in goods to foreign markets in 2023, a 3% increase compared to 2022. Maryland’s largest markets were:⁵
  • Canada ($2.4 billion)
  • France ($1.6 billion)
  • Netherlands ($1.4 billion)
  • Germany ($1.3 billion)
  • Japan ($1.2 billion)
• Agricultural exports are important to Maryland's economy, totaling $935.2 million in 2022, according to the USDA.⁶
• Since 2014, the U.S. Export-Import Bank has financed $1 billion in exports from 64 companies in Maryland.⁷
• Since 1992, the U.S. Trade and Development Agency has helped facilitate $997 million in exports from Maryland companies.⁹

• From 2022-2023, 22,743 international students were enrolled in Maryland colleges and universities and contributed $929 million to the Maryland economy.¹⁰

• Since 1961, 6,488 Peace Corps volunteers from Maryland have served in dozens of countries overseas.¹¹

1. https://s3.amazonaws.com/brt.org/Business-Roundtable_TradeandAmericanJobs2022.pdf
2. https://www.businessroundtable.org/policy-perspectives/trade-international/benefits-of-trade-data
3. https://www.census.gov/foreign-trade/Press-Release/edb/edbrel2021.pdf
4. https://www.bea.gov/sites/default/files/2023-08/imne0823_0.pdf
5. https://www.trade.gov/data-visualization/state-economy-and-trade-factsheets
6. https://www.ers.usda.gov/data-products/state-fact-sheets.aspx#.U2ERwbQzqX8
7. https://www.exim.gov/customer-map/
8. https://www.mcc.gov/work-with-us/mcc-business/vehicles/
9. https://ustda.gov/ustda-success-by-state/
10. https://www.nafsa.org/policy-and-advocacy/policy-resources/nafsa-international-student-economic-value-tool-v2
11. https://www.peacecorps.gov/stories/peace-corps-announces-top-2023-volunteer-producing-states/