Value of Exports to Mexico from Maryland
MDMEXA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
362,181,082.00
Year-over-Year Change
30.58%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Maryland to Mexico. It provides insights into the trade relationship between Maryland and Mexico, which is important for understanding regional economic activity and trade policy impacts.
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 'Value of Exports to Mexico from Maryland' trend tracks the dollar value of goods and services exported from Maryland to Mexico over time. This metric is used by economists and policymakers to analyze the strength of Maryland's trade ties with Mexico and the state's position within broader U.S.-Mexico commercial relationships.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This trend is relevant for assessing the economic impacts of trade policies, tariffs, and other factors affecting U.S.-Mexico commerce.
Key Facts
- Maryland exports to Mexico totaled $1.7 billion in 2022.
- Top Maryland exports to Mexico include machinery, transportation equipment, and chemicals.
- Mexico is Maryland's 4th largest export destination.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the U.S. state of Maryland to Mexico over time.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the strength of Maryland's trade relationship with Mexico, which is important for understanding regional economic activity and evaluating the impacts of trade policies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the economic impacts of trade policies, tariffs, and other factors affecting U.S.-Mexico commerce.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Census Bureau, but there may be some lag in reporting.
Related Trends
Chain-Type Quantity Index for Real GDP: Computer and Electronic Product Manufacturing (334) in Maryland
MDCPUELCPMANQGSP
All Employees: Health Care: Offices of Physicians in Maryland
SMU24000006562110001A
All Employees: Mining and Logging in Maryland
SMS24000001000000001
Real Gross Domestic Product: Water Transportation (483) in Maryland
MDWATTRANRGSP
All Employees: Food Services and Drinking Places in Maryland
SMU24000007072200001A
Interbank Deposits in All Commercial Banks in Maryland
X08IOACBIMD
Citation
U.S. Federal Reserve, Value of Exports to Mexico from Maryland (MDMEXA052SCEN), retrieved from FRED.