Value of Exports to Guinea from Maryland
MDGINA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,751,982.00
Year-over-Year Change
381.86%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Guinea from Maryland' metric tracks the dollar value of goods and services exported from the U.S. state of Maryland to the African country of Guinea. This provides insight into the trade relationship between Maryland and Guinea.
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 indicator reports the total value of exports from Maryland, one of the United States, to Guinea. It is used by trade analysts, policymakers, and businesses to understand the commercial ties and flow of goods between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Maryland exporters.
Historical Context
Trends in Maryland's exports to Guinea can inform trade, economic, and foreign policy decisions.
Key Facts
- Maryland exported over $15 million in goods to Guinea in 2021.
- Guinea was Maryland's 104th largest export destination in 2021.
- Top Maryland exports to Guinea include machinery, chemicals, and food products.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total dollar value of goods and services exported from the U.S. state of Maryland to the country of Guinea.
Q: Why is this trend relevant for users or analysts?
A: Monitoring Maryland's exports to Guinea provides insights into the trade relationship and commercial ties between the two regions, which can inform economic and policy decisions.
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: Trends in Maryland's exports to Guinea can inform trade policy, foreign policy, and economic development strategies between the U.S. and Guinea.
Q: Are there update delays or limitations?
A: The data may have a 1-2 month reporting delay and does not capture all informal or unreported trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to Guinea from Maryland (MDGINA052SCEN), retrieved from FRED.