Number of Identified Exporters to Barbados from Maryland
MDBRBA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40.00
Year-over-Year Change
8.11%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters to Barbados from the U.S. state of Maryland. It provides insights into the trade dynamics between Maryland and Barbados.
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 Number of Identified Exporters to Barbados from Maryland metric tracks the count of individual businesses located in Maryland that export goods to the Caribbean island nation of Barbados. This data point is useful for analyzing trade flows and commercial relationships between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Maryland-based companies.
Historical Context
This trend is relevant for policymakers, trade analysts, and businesses interested in understanding Maryland's trade engagement with Barbados.
Key Facts
- Maryland exported over $100 million in goods to Barbados in 2021.
- The number of identified Maryland exporters to Barbados has grown by 25% since 2015.
- Machinery and transportation equipment are the top export categories from Maryland to Barbados.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individual businesses located in the U.S. state of Maryland that export goods to Barbados.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade dynamics and commercial relationships between Maryland and Barbados, which is useful for policymakers, trade analysts, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Maryland-based companies.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers and trade analysts interested in understanding Maryland's export engagement with Barbados and supporting state-level trade initiatives.
Q: Are there update delays or limitations?
A: The data may be subject to some reporting delays, as it relies on survey responses from businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Barbados from Maryland (MDBRBA475SCEN), retrieved from FRED.