Number of Identified Exporters to Brazil from Maryland
MDBRAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
196.00
Year-over-Year Change
2.62%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Brazil from Maryland' series tracks the total number of businesses located in Maryland that export goods to Brazil. This metric provides insight into the commercial ties between Maryland and the Brazilian market.
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 count of unique exporting entities based in Maryland that reported sales to Brazil. It serves as an indicator of the level of export activity and economic integration between the state of Maryland and the Brazilian economy.
Methodology
The data is collected through survey responses from businesses and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to evaluate Maryland's export performance and commercial relationships.
Key Facts
- Maryland exported $1.2 billion worth of goods to Brazil in 2021.
- The number of identified Maryland exporters to Brazil has increased by 12% since 2015.
- Brazil is Maryland's 7th largest export destination.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of businesses located in Maryland that report exporting goods to Brazil. It provides insight into the level of trade and commercial ties between Maryland and the Brazilian market.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for policymakers, trade specialists, and economists to evaluate Maryland's export performance and commercial relationships with key international markets like Brazil.
Q: How is this data collected or calculated?
A: The data is collected through survey responses from businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this series to monitor the strength of Maryland's trade ties with Brazil and inform decisions around economic development, export promotion, and trade policy.
Q: Are there update delays or limitations?
A: There may be lags of several months between the reporting period and data publication by the Census Bureau. The data may also not capture all exporting entities due to survey non-response.
Related Trends
Leading Indicators OECD: Component series: BTS - Demand or orders inflow: Normalised for Brazil
BRALOCOBDNOSTSAM
Leading Indicators OECD: Component Series: Business Tendencies Survey: Order Books: Original Series for Brazil
BRALOCOBOORSTSAM
Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Depository Corporations for Brazil
BRAFCBODNUM
Bank's Return on Equity for Brazil
DDEI06BRA156NWDB
Value of Exports to Brazil from North Dakota
NDBRAA052SCEN
National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for Brazil
NAEXKP04BRA661S
Citation
U.S. Federal Reserve, Number of Identified Exporters to Brazil from Maryland (MDBRAA475SCEN), retrieved from FRED.