Number of Identified Exporters to El Salvador from Maryland

MDSLVA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

79.00

Year-over-Year Change

79.55%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Number of Identified Exporters to El Salvador from Maryland' trend measures the count of Maryland-based companies that export goods to El Salvador. This data provides insights into the trade dynamics between Maryland and the Salvadoran market.

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 number of unique exporters located in the U.S. state of Maryland that are actively selling products or services to customers in El Salvador. The data is used by economists and policymakers to analyze patterns in trade flows and the engagement of local businesses in international commerce.

Methodology

The data is collected by the U.S. Census Bureau through mandatory business surveys and customs declarations.

Historical Context

This metric is relevant for understanding Maryland's export economy and its connectivity to foreign markets like El Salvador.

Key Facts

  • Maryland exported $72 million in goods to El Salvador in 2021.
  • The number of identified Maryland exporters to El Salvador has grown by 15% since 2015.
  • Top Maryland exports to El Salvador include machinery, chemicals, and transportation equipment.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of unique businesses located in the U.S. state of Maryland that are actively exporting goods or services to customers in El Salvador.

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

A: This data provides insights into the trade dynamics between Maryland and the Salvadoran market, which is valuable for understanding local export activity and patterns of international commerce.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through mandatory business surveys and customs declarations.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this metric to analyze patterns in Maryland's export economy and its connectivity to foreign markets like El Salvador.

Q: Are there update delays or limitations?

A: The data is published with a lag of several months, so the most recent figures may not reflect the current state of Maryland's exports to El Salvador.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to El Salvador from Maryland (MDSLVA475SCEN), retrieved from FRED.