News

Browse our collection of links to recent news stories about MITC, our members, and international trade topics of interest.


  • Value of Maine lobster exports to China on pace to triple for 2016

    Live lobster exports to China are on pace to triple in value in 2016, despite the incursion of some new lobster suppliers to the growing Asian market. Read more
  • Maine exports up 5% for year, national average is in the red

    Exports of Maine goods through October 2016 rose 5.8% and likely will end the year up 5%, compared to a negative national average, according to the Maine International Trade Center. Read more
  • SBA grants $145,000 to help small business with exports

    The Maine International Trade Center received a $145,000 grant to support export growth among small businesses. The grant was awarded by the U.S. Small Business Administration’s competitive State Trade Expansion Program. Read more
  • How the thawing Arctic could make money for Maine

    For Maine, climate change’s silver lining may well turn out to be that the thawing of the Arctic Ocean boosts the state’s economy, according to public officials who gathered here this week. Read more
  • Conference hints at potential for Maine’s maritime economy

    An intergovernmental forum of Arctic nations will convene in Portland this week, suggesting the region has an outsized role – and job opportunities – as warming seas open trade routes. Read more
  • Maine’s lobster exports going full steam, with Asian market growing

    Maine’s lobster industry is on pace for its best year ever, having sold $103 million worth of lobster abroad in the first half of 2016. That’s more than twice as much as the $48.3 million it sold over the same period in 2015, and is even better than in 2014, when Maine had sold $54.7 million worth of lobster by July and ended the year with a record $365.5 million in foreign sales. Read more
  • Southern Maine exports on the rise

    A spike in aircraft turbines and semiconductor manufacturing helped the Portland metro area grow its exports by more than 8 percent in 2015, making it the fastest-growing billion-dollar-plus exporting region in New England, according to newly released federal data. Read more
  • Partnership to Attract Top Talent to Maine

    A partnership between top Maine economic development organizations and the Maine Turnpike Authority is helping fund a pilot program to attract top talent to Maine. The Maine Department of Economic Development (DECD), Maine International Trade Center (MITC), Maine & Company, Live + Work in Maine and Maine Turnpike Authority (MTA) recognized the immediate – and possibly long-term – opportunity to capitalize on the busy tourist season. Read more
  • Ripple effects from ‘Brexit’ vote could impact Maine trade

    The United Kingdom’s surprising vote Thursday to leave the European Union sent its national currency, the pound sterling, tumbling to a 30-year low. If that holds, it could put a dent in exports to the country, according to Maine’s top trade official. Read more
  • State leading its first trade mission to Scandinavia

    The opening of a direct shipping line to the North Atlantic and growing world interest in Arctic affairs have prompted state government to lead its first trade mission to Scandinavia. Read more