Value of Exports to Taiwan from Maryland
MDTWNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114,384,666.00
Year-over-Year Change
-38.74%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Taiwan from Maryland' series tracks the total value of goods and services exported from the U.S. state of Maryland to Taiwan. This measure provides insight into the economic relationship and trade flows between Maryland and one of its key 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 economic indicator represents the dollar value of all products and services exported from the state of Maryland to Taiwan. It is an important metric for understanding Maryland's export industry and its connections to the Taiwanese market.
Methodology
The data is compiled by the U.S. Census Bureau based on surveys of businesses and trade records.
Historical Context
Policymakers and analysts use this series to monitor the health of Maryland's export economy and the state's trade relationship with Taiwan.
Key Facts
- Maryland exported $1.2 billion worth of goods and services to Taiwan in 2020.
- Taiwan was Maryland's 7th largest export destination in 2020.
- Exports from Maryland to Taiwan have grown at an average annual rate of 3.5% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total value of goods and services exported from the U.S. state of Maryland to Taiwan.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the economic relationship and trade flows between Maryland and one of its key international markets, Taiwan.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Census Bureau based on surveys of businesses and trade records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this series to monitor the health of Maryland's export economy and the state's trade relationship with Taiwan.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, Value of Exports to Taiwan from Maryland (MDTWNA052SCEN), retrieved from FRED.