Value of Exports to Barbados from Maryland
MDBRBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,741,916.00
Year-over-Year Change
-11.63%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Barbados from Maryland' series measures the dollar value of goods exported from the U.S. state of Maryland to the Caribbean island nation of Barbados. This metric is a key indicator of trade and economic 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 trend provides insight into the commercial relationship between Maryland and Barbados. The data can be used by policymakers, businesses, and economists to analyze trade patterns, identify growth opportunities, and assess the impact of economic policies on bilateral commerce.
Methodology
The data is collected and reported by the U.S. Census Bureau through its USA Trade Online platform.
Historical Context
Monitoring export values helps inform decisions around tariffs, trade agreements, and export promotion initiatives.
Key Facts
- Maryland exported $13.2 million worth of goods to Barbados in 2021.
- Barbados was Maryland's 93rd largest export destination in 2021.
- Top Maryland exports to Barbados include machinery, aircraft, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods exported from the U.S. state of Maryland to the country of Barbados in a given time period.
Q: Why is this trend relevant for users or analysts?
A: Monitoring export values between Maryland and Barbados provides insights into the trade relationship and commercial activity between the two regions, which is useful for policymakers, businesses, and economists.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its USA Trade Online platform.
Q: How is this trend used in economic policy?
A: Policymakers can use this data to inform decisions around tariffs, trade agreements, and export promotion initiatives between Maryland and Barbados.
Q: Are there update delays or limitations?
A: The data is typically released on a monthly basis with a lag of several months.
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Citation
U.S. Federal Reserve, Value of Exports to Barbados from Maryland (MDBRBA052SCEN), retrieved from FRED.