Number of Identified Exporters to Costa Rica from Maryland

MDCRIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

112.00

Year-over-Year Change

53.42%

Date Range

1/1/1992 - 1/1/2017

Summary

The Number of Identified Exporters to Costa Rica from Maryland trend measures the number of businesses located in Maryland that export goods to Costa Rica. This metric provides insights into the trade relationship between Maryland and Costa Rica.

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 tracks the number of unique exporting enterprises in Maryland that sell their products to customers in Costa Rica. It is an important indicator of the commercial ties and economic integration between the two regions.

Methodology

The data is collected by the U.S. Census Bureau through surveys of Maryland businesses.

Historical Context

Policymakers and trade analysts use this trend to monitor the health of Maryland's export economy and its engagement with the Costa Rican market.

Key Facts

  • Maryland exported $305 million in goods to Costa Rica in 2021.
  • Costa Rica was Maryland's 33rd largest export destination in 2021.
  • The number of identified Maryland exporters to Costa Rica has increased by 12% since 2015.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of businesses located in Maryland that export goods to customers in Costa Rica.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insights into the trade relationship between Maryland and Costa Rica, which is important for policymakers and businesses to monitor.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of Maryland businesses.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this trend to monitor the health of Maryland's export economy and its engagement with the Costa Rican market.

Q: Are there update delays or limitations?

A: The data is published with a lag, and may not capture all exporting enterprises in Maryland.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Costa Rica from Maryland (MDCRIA475SCEN), retrieved from FRED.