Number of Identified Exporters to Philippines from Maryland
MDPHLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108.00
Year-over-Year Change
12.50%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Philippines from Maryland' series tracks the count of Maryland-based companies that export goods to the Philippines. This metric is relevant for policymakers and trade analysts to understand patterns in Maryland's international commerce.
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 number of unique businesses located in Maryland that export products or services to the Philippines market. It provides insight into the scale and diversity of Maryland's exporting activity to this important Southeast Asian trading partner.
Methodology
The data is collected by the U.S. Census Bureau through mandatory business surveys and administrative trade records.
Historical Context
This trend is used by economists and trade officials to monitor the health and competitiveness of Maryland's export industries.
Key Facts
- Maryland exported $305 million in goods to the Philippines in 2020.
- The number of identified Maryland exporters to the Philippines peaked at 250 in 2015.
- Computer and electronic products are Maryland's top export to the Philippines.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of unique businesses located in Maryland that export products or services to the Philippines market.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and diversity of Maryland's exporting activity to this important Southeast Asian trading partner, which is relevant for policymakers and trade analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory business surveys and administrative trade records.
Q: How is this trend used in economic policy?
A: This trend is used by economists and trade officials to monitor the health and competitiveness of Maryland's export industries.
Q: Are there update delays or limitations?
A: There may be lags in reporting as the data is collected through business surveys and administrative sources.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Philippines from Maryland (MDPHLA475SCEN), retrieved from FRED.