Number of Identified Exporters to Ireland from Maryland
MDIRLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
85.00
Year-over-Year Change
-15.84%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Ireland from Maryland measures the count of unique Maryland-based companies that export goods to Ireland. This metric provides insights into the trade relationship between Maryland and Ireland.
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 distinct Maryland firms that export to Ireland over time. It offers a proxy for the level of economic integration and trade flows between the two regions, which is relevant for policymakers and analysts studying international commerce.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Trends in the number of exporters can inform assessments of trade policies and market conditions.
Key Facts
- Maryland exported $342 million in goods to Ireland in 2021.
- The number of Maryland exporters to Ireland peaked at 302 in 2018.
- Ireland is Maryland's 10th largest export destination.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of unique Maryland-based companies that export goods to Ireland. It provides a gauge of trade integration between the two regions.
Q: Why is this trend relevant for users or analysts?
A: Trends in the number of Maryland exporters to Ireland offer insights into the strength of the trade relationship, which is important for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Analysts and policymakers can use this metric to assess the impacts of trade policies and market conditions on Maryland-Ireland commerce.
Q: Are there update delays or limitations?
A: The data is published with a several month lag, so it may not reflect the most recent trade dynamics.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Ireland from Maryland (MDIRLA475SCEN), retrieved from FRED.