Value of Exports to India from Maryland
MDINDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
217,849,571.00
Year-over-Year Change
100.38%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to India from Maryland' series tracks the total dollar value of goods exported from the U.S. state of Maryland to India. This metric is important for economists and policymakers to assess trade flows and the strength of 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 data series measures the dollar value of physical goods and commodities exported from Maryland, one of the United States, to the country of India. It provides insight into the trade relationship and commercial activity between the state and the major South Asian economy.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Trends in this series are used by economists, trade analysts, and government agencies to monitor the health of Maryland's export sector and guide trade policy decisions.
Key Facts
- Maryland exported $462 million in goods to India in 2021.
- India was Maryland's 9th largest export destination in 2021.
- Maryland's top exports to India include machinery, transportation equipment, and chemicals.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of physical goods and commodities exported from the U.S. state of Maryland to the country of India.
Q: Why is this trend relevant for users or analysts?
A: Trends in this series provide insight into the trade relationship and commercial activity between Maryland and the major South Asian economy of India, which is useful for economists, trade analysts, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Trends in this series are used by economists, trade analysts, and government agencies to monitor the health of Maryland's export sector and guide trade policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to revision and may have a delay of several months between the reference period and public release.
Related Trends
Leading Indicators OECD: Component Series: Production of Goods: Normalised for India
INDLOCOPGNOSTSAM
External Trade: Volume of Imports of Goods and Services for India
INDTMRPCPPPT
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for India
INDPROMANQISMEI
Use of Financial Services Deposit Accounts: Household Accounts at Commercial Banks for India
INDFCAODCHNUM
Use of Financial Services: Key Indicators, Outstanding Loans from Commercial Banks for India
INDFCSODCGGDPPT
Consumer Price Index: Transport (COICOP 07): Total for India
INDCP070000GPQ
Citation
U.S. Federal Reserve, Value of Exports to India from Maryland (MDINDA052SCEN), retrieved from FRED.