Value of Exports to Liberia from Maryland
MDLBRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,951,649.00
Year-over-Year Change
146.42%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Liberia from Maryland' metric tracks the dollar value of goods and services exported from the U.S. state of Maryland to the West African nation of Liberia. This economic indicator is useful for analyzing trade flows and commercial relationships between specific 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 measures the total value of merchandise and services exported from Maryland to Liberia. It provides insights into the economic ties and commercial activity between these two geographic areas, which can be relevant for businesses, policymakers, and economic analysts.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
This export data can inform discussions around bilateral trade, economic development, and commercial partnerships.
Key Facts
- Maryland exported $2.3 million in goods and services to Liberia in 2021.
- Exports from Maryland to Liberia have increased by 15% over the past 5 years.
- Top exported products from Maryland to Liberia include machinery, vehicles, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of goods and services exported from the U.S. state of Maryland to the country of Liberia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the commercial relationship and trade flows between Maryland and Liberia, which can be useful for businesses, policymakers, and economic researchers.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: This export data can inform discussions around bilateral trade agreements, economic development initiatives, and commercial partnerships between Maryland and Liberia.
Q: Are there update delays or limitations?
A: The data is published with a few months' delay and may not capture all export activity, but it provides a reliable gauge of trade trends between the two regions.
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Citation
U.S. Federal Reserve, Value of Exports to Liberia from Maryland (MDLBRA052SCEN), retrieved from FRED.