A new study from Business Roundtable - an associated an association of CEOs of America’s leading companies – finds that international trade supports 742,800 jobs in Maryland, representing more than one out of every five jobs in the state. Trade with Canada and Mexico alone supports 235,900 jobs in Maryland, highlighting the need to preserve and strengthen the North American trading relationship by passing the United States-Mexico-Canada Agreement (USMCA) this year.
The study also reveals:
The study – prepared by Trade Partnership Worldwide with the latest-available employment data from 2017 – examines the net impacts of both exports and imports of goods and services on U.S. jobs in all 50 states. It also compared 2017 data to pre-NAFTA data from 1992.
A summary of Maryland data can be found here. The full study can be found here.
A summary of data on Maryland’s trade with Canada and Mexico can be found here.
Contributors and Writers are members and associates of the MD/ DC District Export Council. The views expressed do not necessarily represent the opinions of the MD/DC DEC.