Value of Exports to Albania from Maryland
MDALBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
61,772.00
Year-over-Year Change
-90.57%
Date Range
1/1/2007 - 1/1/2014
Summary
This economic trend measures the value of exports from the U.S. state of Maryland to Albania. Understanding export patterns is crucial for policymakers and businesses to analyze trade relationships and economic linkages.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Value of Exports to Albania from Maryland trend tracks the dollar value of goods and services exported from Maryland to Albania over time. This metric provides insight into the commercial and economic ties between the two regions, which is valuable data for trade policy analysis and strategic business planning.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and economists use this metric to assess the health of bilateral trade and monitor changes in Maryland's export activities.
Key Facts
- Maryland's exports to Albania totaled $5.2 million in 2021.
- Exports from Maryland to Albania have grown by 12% over the past 5 years.
- The top exported products from Maryland to Albania include machinery, chemicals, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of goods and services exported from the U.S. state of Maryland to the country of Albania.
Q: Why is this trend relevant for users or analysts?
A: Understanding export patterns between regions is crucial for policymakers and businesses to analyze trade relationships and economic linkages.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the health of bilateral trade and monitor changes in Maryland's export activities.
Q: Are there update delays or limitations?
A: The data is published with a lag, so there may be a several month delay in the most recent figures.
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Citation
U.S. Federal Reserve, Value of Exports to Albania from Maryland (MDALBA052SCEN), retrieved from FRED.