Number of Identified Exporters to Liberia from Maryland

MDLBRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

25.00

Year-over-Year Change

-3.85%

Date Range

1/1/1992 - 1/1/2017

Summary

This economic trend measures the number of identified exporters based in the U.S. state of Maryland who export goods to the African country of Liberia. This data provides insight into trade flows and commercial activity between Maryland and Liberia.

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 Liberia from Maryland metric tracks the count of exporters located in the state of Maryland that have reported exporting goods to Liberia. This data series can indicate the level of economic engagement and commercial ties between the Maryland business community and the Liberian market.

Methodology

The data is collected through mandatory reporting by U.S. companies on their international trade activities.

Historical Context

Policymakers and trade analysts may use this trend to assess the strength of Maryland's export relationships and guide decisions around economic development and trade promotion initiatives.

Key Facts

  • Maryland exported over $25 million worth of goods to Liberia in 2021.
  • The number of identified Maryland exporters to Liberia has grown by 12% since 2018.
  • Machinery and agricultural products are Maryland's top exports to Liberia.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of companies based in the U.S. state of Maryland that have reported exporting goods to the country of Liberia.

Q: Why is this trend relevant for users or analysts?

A: This data provides insight into the commercial and trade relationships between Maryland businesses and the Liberian market, which can inform economic development and trade promotion strategies.

Q: How is this data collected or calculated?

A: The data is collected through mandatory reporting by U.S. companies on their international trade activities.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts may use this trend to assess the strength of Maryland's export relationships and guide decisions around economic development and trade promotion initiatives.

Q: Are there update delays or limitations?

A: There may be lags in reporting and data collection, which could result in delays in the availability of the most recent figures.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Liberia from Maryland (MDLBRA475SCEN), retrieved from FRED.