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What is the main economy of Massachusetts?
Economy of Massachusetts. The economy of Massachusetts today is based largely on technological research and development and the service sector (including tourism).
What was Massachusetts main trade?
Top 10 Exports from Massachusetts Massachusetts’ biggest export in 2020 was gold accounting for 5.7% of the state’s aggregated exports revenue. The state’s top 3 exports were gold, machinery for making semi-conductors and medical, dental or veterinarian instruments representing a combined 15% of the state’s total.
What goods are produced in Massachusetts?
Massachusetts’ most valuable crops include greenhouse and nursery commodities, making up over one third of the state’s total agricultural production, followed by cranberries, sweet corn and apples. The most valuable livestock products of the Bay State are dairy products.
What are Massachusetts major imports?
Top 10 Import Goods
| HS Code | Import USD$ |
|---|---|
| (98) Nesoi | $1,522,975,281 |
| (71) Precious Stones & Metals | $1,201,946,269 |
| (39) Plastics | $1,069,659,313 |
| (87) Motor Vehicles & Parts | $1,058,374,773 |
Who trades with Massachusetts?
Top 25 Countries Based on 2020 Dollar Value
| Rank | Country | 2019 Value |
|---|---|---|
| — | Total Massachusetts Exports and % Share of U.S. Total | 26,130 |
| — | Total, Top 25 Countries and % Share of State Total | 23,496 |
| 1 | Canada | 2,975 |
| 2 | China | 2,370 |
How does Massachusetts make money?
The Massachusetts Bay Colony primarily made money through shipbuilding, fishing, fur, and lumber production. The things produced in Massachusetts were…
Does Massachusetts have exports?
Massachusetts exports of manufactured products supported an estimated 101 thousand jobs in 2016. The state’s largest manufacturing export category is computer & electronic products, which accounted for $7.7 billion of Massachusetts’s total goods exports in 2018.
What is Massachusetts top export?
The state’s largest manufacturing export category is computer & electronic products, which accounted for $7.7 billion of Massachusetts’s total goods exports in 2018.
What is the main export of Boston?
Yearly Exports In 2020 the top exports of Boston, Ma were Ferrous waste or scrap, nes ($202M), Waste or scrap, aluminium ($49.3M), Waste or scrap of unbleached kraft… ($37.8M), Chem wood pulp, soda or sulphate,… ($34.7M), and Copper/copper alloy waste or scrap ($34M).