Value of Exports to Saint Lucia from Maryland

MDLCAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,325,021.00

Year-over-Year Change

5480.45%

Date Range

1/1/1997 - 1/1/2016

Summary

The 'Value of Exports to Saint Lucia from Maryland' trend measures the total value of goods and services exported from the U.S. state of Maryland to the Caribbean island nation of Saint Lucia. This metric is important for analyzing trade flows and commercial relationships between U.S. states and foreign countries.

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 economic series tracks the dollar value of all products and services sold by businesses in Maryland to buyers and customers located in Saint Lucia. It provides insight into the scale and composition of Maryland's exports to this Caribbean trading partner.

Methodology

The data is collected by the U.S. Census Bureau through surveys of Maryland-based companies and exporters.

Historical Context

Policymakers and economists use this trend to understand state-level trade dynamics and the economic ties between U.S. regions and foreign markets.

Key Facts

  • Maryland exported $13.4 million in goods and services to Saint Lucia in 2021.
  • Saint Lucia was Maryland's 126th largest export destination in 2021.
  • Machinery and transportation equipment made up over 60% of Maryland's exports to Saint Lucia.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total value of exports from the U.S. state of Maryland to the Caribbean nation of Saint Lucia.

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

A: This data provides insight into the commercial relationship and trade flows between Maryland and a key foreign market, which is useful for policymakers, businesses, and economists analyzing state-level export dynamics.

Q: How is this data collected or calculated?

A: The U.S. Census Bureau collects this data through surveys of Maryland-based companies and exporters.

Q: How is this trend used in economic policy?

A: Governments and institutions use this metric to understand state-level trade patterns and inform policies related to export promotion, market access, and commercial partnerships.

Q: Are there update delays or limitations?

A: This data may be subject to revisions and can have lags of several months before the latest figures are published.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Saint Lucia from Maryland (MDLCAA052SCEN), retrieved from FRED.