Number of Identified Exporters to Hong Kong from Maryland
MDHKGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
287.00
Year-over-Year Change
1.41%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend tracks the number of exporters from the U.S. state of Maryland to Hong Kong. It provides insights into Maryland's international trade activity and export competitiveness.
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 Hong Kong from Maryland measures the count of unique businesses located in Maryland that reported exporting goods to Hong Kong in a given year. This metric offers economists and policymakers visibility into the scale and trends of Maryland's exporting landscape.
Methodology
The data is collected through surveys of U.S. businesses and customs records.
Historical Context
This trend is used to inform trade policy decisions and analyze Maryland's export market performance.
Key Facts
- Maryland exported $2.1 billion in goods to Hong Kong in 2021.
- The number of Maryland exporters to Hong Kong increased by 7% in 2022.
- Top Maryland exports to Hong Kong include machinery, transportation equipment, and chemicals.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in the U.S. state of Maryland that reported exporting goods to Hong Kong in a given year.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the scale and trends of Maryland's exporting landscape, which is valuable for economists and policymakers analyzing the state's international trade activity and export competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and customs records.
Q: How is this trend used in economic policy?
A: This trend is used to inform trade policy decisions and analyze Maryland's export market performance.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags, and the number of exporters can fluctuate year-over-year based on economic conditions and business activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Hong Kong from Maryland (MDHKGA475SCEN), retrieved from FRED.