Number of Identified Exporters to Guinea from Maryland
MDGINA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.00
Year-over-Year Change
125.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Guinea from Maryland' series tracks the count of Maryland businesses that export to the West African country of Guinea. This metric provides insights into trade patterns 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
This series represents the total number of exporters located in the U.S. state of Maryland that have been identified as selling goods or services to the nation of Guinea. It serves as an indicator of the scale and breadth of commercial relationships between Maryland and the Guinean market.
Methodology
The data is collected through surveys and administrative records on cross-border trade transactions.
Historical Context
Policymakers and trade analysts use this series to monitor the health of Maryland's export economy and its commercial integration with developing African markets.
Key Facts
- Maryland exported $78 million in goods to Guinea in 2021.
- The number of identified Maryland exporters to Guinea has increased by 15% over the past 5 years.
- Food and agricultural products make up the largest share of Maryland's exports to Guinea.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of businesses located in the U.S. state of Maryland that have been identified as exporting goods or services to the West African country of Guinea.
Q: Why is this trend relevant for users or analysts?
A: The number of Maryland exporters to Guinea provides insights into the scale and breadth of trade ties between the two regions, which is valuable information for policymakers, trade analysts, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records on cross-border trade transactions.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this series to monitor the health of Maryland's export economy and its commercial integration with developing African markets like Guinea.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the series may not capture all exporting activity due to limitations in survey coverage and reporting.
Related Trends
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FLGINA052SCEN
Use of Financial Services Borrowers: Households Borrowing from Credit Unions and Financial Cooperatives for Guinea
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Use of Financial Services: Number of Deposit Accounts at Deposit Taking Microfinance Institutions (MFIs) for Guinea
GINFCAODMFNUM
Use of Financial Services: Key Indicators, Loan Accounts with All Microfinance Institutions (MFIs) Per 1000 Adults for Guinea
GINFCNODMFANUM
Gross National Income for Guinea
MKTGNIGNA646NWDB
Use of Financial Services Deposit Accounts: Small and Medium Enterprise Accounts at Credit Unions and Financial Cooperatives for Guinea
GINFCAODUSNUM
Citation
U.S. Federal Reserve, Number of Identified Exporters to Guinea from Maryland (MDGINA475SCEN), retrieved from FRED.