Number of Identified Exporters to Bangladesh from Maryland
MDBGDA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.00
Year-over-Year Change
60.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Bangladesh from Maryland' trend measures the volume of export businesses from the U.S. state of Maryland to Bangladesh. This data provides insight into trade flows and commercial activity between the two regions.
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 economic indicator tracks the count of Maryland-based companies that have been identified as exporting goods or services to Bangladesh. It offers a proxy for the scale and dynamics of the trade relationship between the state and the South Asian country.
Methodology
The data is collected through a census of U.S. exporters conducted by government statistical agencies.
Historical Context
Policymakers and trade analysts use this metric to monitor changes in Maryland's export landscape and broader economic ties with Bangladesh.
Key Facts
- Maryland exported $58 million in goods to Bangladesh in 2021.
- The number of identified Maryland exporters to Bangladesh has grown by 25% since 2015.
- Bangladesh is Maryland's 38th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This trend measures the count of businesses located in the U.S. state of Maryland that have been identified as exporting goods or services to Bangladesh.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the scale and dynamics of the trade relationship between Maryland and Bangladesh, which is important for understanding regional economic activity and commercial ties.
Q: How is this data collected or calculated?
A: The data is collected through a census of U.S. exporters conducted by government statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor changes in Maryland's export landscape and broader economic ties with Bangladesh.
Q: Are there update delays or limitations?
A: There may be delays of several months in the reporting of this data due to the census-based collection process.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Bangladesh from Maryland (MDBGDA475SCEN), retrieved from FRED.