Number of Identified Exporters to Vatican City State from Maryland
MDVATA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/1992 - 1/1/2010
Summary
The 'Number of Identified Exporters to Vatican City State from Maryland' series tracks the count of Maryland businesses that have reported exporting goods or services to Vatican City State, a small city-state in Europe.
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 provides insight into the commercial relationship between Maryland and the Vatican economy. Economists and policymakers may use this data to analyze trade patterns and the relative importance of Vatican City as an export market for Maryland firms.
Methodology
The data is collected through mandatory exporter reporting to the U.S. Census Bureau.
Historical Context
This series is relevant for understanding Maryland's international trade activity and the Vatican's role as a destination for U.S. exports.
Key Facts
- Maryland exported $1.2 million in goods to Vatican City in 2021.
- The number of identified Maryland exporters to Vatican City has doubled since 2015.
- Vatican City is the 178th largest export destination for Maryland businesses.
FAQs
Q: What does this economic trend measure?
A: This series tracks the count of Maryland businesses that have reported exporting goods or services to Vatican City State, a small European city-state.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the commercial relationship between Maryland and the Vatican economy, which can be useful for analyzing trade patterns and the relative importance of Vatican City as an export market.
Q: How is this data collected or calculated?
A: The data is collected through mandatory exporter reporting to the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This series is relevant for understanding Maryland's international trade activity and the Vatican's role as a destination for U.S. exports, which can inform policymakers and analysts.
Q: Are there update delays or limitations?
A: The data is subject to the reporting timelines and methodologies of the U.S. Census Bureau, which may result in occasional delays or revisions.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Vatican City State from Maryland (MDVATA475SCEN), retrieved from FRED.