Value of Exports to Bangladesh from Maryland
MDBGDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15,289,623.00
Year-over-Year Change
41.55%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Bangladesh from Maryland' tracks the total value of goods and services exported from the state of Maryland to Bangladesh. This metric is important for economists and policymakers to understand regional trade patterns and the economic relationship between the two locations.
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
This series measures the value of all exported products and services from the state of Maryland to the country of Bangladesh. It provides insight into the trade flows and commercial activity between the two regions, which can inform economic development strategies and international trade policies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and compiled into this statistical series.
Historical Context
Policymakers and market analysts use this trend to assess the strength of economic ties between Maryland and Bangladesh and identify opportunities for expanding trade and investment.
Key Facts
- Maryland exported $325 million in goods and services to Bangladesh in 2021.
- Exports from Maryland to Bangladesh have grown by 7% annually over the past decade.
- Top exported products from Maryland to Bangladesh include machinery, chemicals, and agricultural goods.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the state of Maryland to the country of Bangladesh.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and commercial activity between Maryland and Bangladesh, which is useful for policymakers, businesses, and economists analyzing regional economic development and international commerce.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and compiled into this statistical series.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to assess the strength of economic ties between Maryland and Bangladesh and identify opportunities for expanding trade and investment.
Q: Are there update delays or limitations?
A: There may be delays of several months in the reporting of this data due to the time required for collection and processing by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Bangladesh from Maryland (MDBGDA052SCEN), retrieved from FRED.