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.

Job Creation

  • In Maryland, 824,500 jobs were supported by international trade in 2019, representing 21.7% of all jobs in the state.1,2
  • In 2020, 6,901 companies exported goods from Maryland of which 89% were small- and medium-sized enterprises. In 2018, 117,800 people were employed by affiliates of companies at least 50% foreign-owned.3,4

Exports and Growth

  • 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 2020, 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

Education and Research

  • During 2020, 22,743 international students were enrolled in Maryland colleges and universities and contributed $929 million to the Maryland economy.10

Global Engagement

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