Number of Identified Exporters to Papua New Guinea from Maryland
MDPNGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
100.00%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic indicator tracks the number of identified exporters to Papua New Guinea from the U.S. state of Maryland. It provides insight into the trade relationship between Maryland and this Pacific Island nation.
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 Papua New Guinea from Maryland series measures the count of unique companies located in Maryland that reported exporting goods to Papua New Guinea. This data offers a view into the commercial activity and trade dynamics between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through mandatory exporter reports.
Historical Context
This indicator is relevant for analyzing Maryland's export sector and overall trade patterns.
Key Facts
- Maryland exported goods worth $4.6 million to Papua New Guinea in 2021.
- The number of identified exporters from Maryland to Papua New Guinea has increased by 25% since 2015.
- Top export categories from Maryland to Papua New Guinea include machinery, aircraft, and medical instruments.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of unique companies located in Maryland that reported exporting goods to Papua New Guinea.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship between Maryland and Papua New Guinea, which is useful for understanding regional export dynamics and market opportunities.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory exporter reports.
Q: How is this trend used in economic policy?
A: This indicator can inform policymakers and economic development agencies on strategies to support Maryland's export sector and international trade with partners like Papua New Guinea.
Q: Are there update delays or limitations?
A: There may be delays of several months in the reporting and publication of this data by the Census Bureau.
Related Trends
Value of Exports to Papua New Guinea from Missouri
MOPNGA052SCEN
Gross Domestic Product Per Capita for Papua New Guinea
PCAGDPPGA646NWDB
Internet users for Papua New Guinea
ITNETUSERP2PNG
Use of Financial Services, Liabilities: Outstanding Deposits at Commercial Banks for Papua New Guinea
PNGFCLODCXDC
Central Bank Assets to GDP for Papua New Guinea
DDDI06PGA156NWDB
Bank's Net Interest Margin for Papua New Guinea
DDEI01PGA156NWDB
Citation
U.S. Federal Reserve, Number of Identified Exporters to Papua New Guinea from Maryland (MDPNGA475SCEN), retrieved from FRED.