Value of Exports to Costa Rica from Maryland
MDCRIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30,070,896.00
Year-over-Year Change
314.60%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Maryland to Costa Rica. It provides insight into trade flows and economic ties 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
The 'Value of Exports to Costa Rica from Maryland' series tracks the total dollar value of goods and services exported from Maryland to Costa Rica. This metric is used by economists and policymakers to analyze regional trade patterns and the strength of economic relationships.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Maryland-based exporters.
Historical Context
This trend is relevant for understanding Maryland's export-oriented industries and the state's engagement with the Costa Rican market.
Key Facts
- Maryland exported $375 million worth of goods to Costa Rica in 2021.
- Machinery and transportation equipment are Maryland's top exports to Costa Rica.
- Costa Rica is Maryland's 35th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of exports from the U.S. state of Maryland to Costa Rica. It provides insight into trade flows and economic ties between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding Maryland's export-oriented industries and the state's engagement with the Costa Rican market. It is used by economists and policymakers to analyze regional trade patterns.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Maryland-based exporters.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and economists to monitor regional trade flows and inform decisions related to international economic policy, trade agreements, and export-promotion initiatives.
Q: Are there update delays or limitations?
A: There may be a several month delay in the availability of the latest data due to the time required for data collection and reporting by the Census Bureau.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Costa Rica
CRICP070000IXOBM
Value of Exports to Costa Rica from Washington
WACRIA052SCEN
Use of Financial Services: Number of Life Insurance Depositors at Insurance Corporations for Costa Rica
CRIFCDOFILPPENUM
Number of Identified Exporters to Costa Rica from Iowa
IACRIA475SCEN
Use of Financial Services: Key Indicators, Deposit Accounts with Credit Unions and Financial Cooperatives Per 1000 Adults for Costa Rica
CRIFCAODUANUM
Bank Deposits to GDP for Costa Rica
DDOI02CRA156NWDB
Citation
U.S. Federal Reserve, Value of Exports to Costa Rica from Maryland (MDCRIA052SCEN), retrieved from FRED.