Value of Exports to Portugal from Maryland
MDPRTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,290,436.00
Year-over-Year Change
-26.64%
Date Range
1/1/1992 - 1/1/2017
Summary
The Value of Exports to Portugal from Maryland tracks the dollar value of goods and services exported from the state of Maryland to Portugal. This metric is important for understanding Maryland's trade relationships and economic integration with global markets.
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 Portugal from Maryland measures the total dollar value of all physical goods and services exported directly from Maryland to Portugal. This data point is used by economists and policymakers to analyze Maryland's trade flows, commercial ties, and economic interdependence with the Portuguese market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Maryland-based exporters.
Historical Context
Trends in exports to Portugal are relevant for assessing Maryland's export-driven economic growth and the state's engagement with European trading partners.
Key Facts
- Maryland exported over $200 million in goods and services to Portugal in the latest year.
- Exports to Portugal account for about 1% of Maryland's total international exports.
- Trade with Portugal supports thousands of jobs in Maryland's export-oriented industries.
FAQs
Q: What does this economic trend measure?
A: The Value of Exports to Portugal from Maryland measures the total dollar value of all goods and services exported directly from the state of Maryland to Portugal.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding Maryland's trade relationships and economic integration with global markets, particularly its commercial ties and interdependence with the Portuguese economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Maryland-based exporters.
Q: How is this trend used in economic policy?
A: Trends in exports to Portugal are relevant for assessing Maryland's export-driven economic growth and the state's engagement with European trading partners, which informs economic development and trade policy decisions.
Q: Are there update delays or limitations?
A: The data may have a several month lag in reporting due to the survey-based collection process.
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Citation
U.S. Federal Reserve, Value of Exports to Portugal from Maryland (MDPRTA052SCEN), retrieved from FRED.