Value of Exports to Maldives from New York
NYMDVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,012,036.00
Year-over-Year Change
541.74%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Maldives from New York' trend measures the total value of merchandise exports from New York to the Maldives. This data provides insights into trade flows and economic ties between the two regions.
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 represents the dollar value of physical goods and commodities exported from the state of New York to the Maldives, an island nation in the Indian Ocean. It is an important indicator of the commercial relationship and trade balance between these two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters and customs declarations.
Historical Context
Policymakers and trade analysts use this metric to assess the strength of economic linkages and identify opportunities for expanding bilateral commerce.
Key Facts
- New York is the largest exporting state in the U.S.
- The Maldives is a popular tourist destination for Americans.
- Exports to the Maldives account for a small fraction of total New York exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of merchandise exports from the state of New York to the Maldives, providing insights into trade flows between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This data is relevant for understanding the economic relationship and trade balance between New York and the Maldives, which can inform policymaking and identify opportunities for expanding bilateral commerce.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess the strength of economic linkages between New York and the Maldives, and to identify opportunities for expanding bilateral trade and investment.
Q: Are there update delays or limitations?
A: There may be delays in data reporting, and the series may not capture all informal or unrecorded trade activities between the two regions.
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Citation
U.S. Federal Reserve, Value of Exports to Maldives from New York (NYMDVA052SCEN), retrieved from FRED.