Value of Exports to Singapore from Maryland

MDSGPA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

217,912,212.00

Year-over-Year Change

392.50%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Value of Exports to Singapore from Maryland' trend measures the total dollar value of goods exported from the state of Maryland to Singapore. This metric is important for economists and policymakers to assess Maryland's trade relationships and economic connections with international 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

This series tracks the monthly dollar value of all merchandise exported from Maryland to Singapore. It provides insight into the scale and composition of Maryland's export trade with one of its key Southeast Asian trading partners. The data is useful for analyzing regional economic performance and evaluating the impacts of trade policies.

Methodology

The data is collected and reported by the U.S. Census Bureau through its state export series.

Historical Context

Trends in Maryland's exports to Singapore are closely watched by trade analysts, economic development officials, and policymakers focused on international commerce.

Key Facts

  • Maryland exported $163 million in goods to Singapore in 2021.
  • Semiconductor devices are Maryland's top export to Singapore.
  • Singapore is Maryland's 12th largest export destination worldwide.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total dollar value of all merchandise exported from the state of Maryland to Singapore on a monthly basis.

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

A: This data provides important insights into Maryland's trade relationships and economic connections with international markets, particularly in Southeast Asia.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Census Bureau through its state export series.

Q: How is this trend used in economic policy?

A: Trends in Maryland's exports to Singapore are closely watched by trade analysts, economic development officials, and policymakers focused on international commerce.

Q: Are there update delays or limitations?

A: The data is reported on a monthly basis with a short delay, providing timely insights into Maryland's trade flows.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Singapore from Maryland (MDSGPA052SCEN), retrieved from FRED.