Number of Identified Exporters to Albania from Maryland
MDALBA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
-40.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Albania from Maryland' is an economic metric that tracks the count of Maryland-based businesses that export goods to Albania. This trend provides insight into the trade relationship between the U.S. state of Maryland and the country of Albania.
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 measures the number of unique exporting entities located in the state of Maryland that have been identified as shipping goods to Albania. It offers a quantitative view of the export activity between Maryland and this international market, which can be useful for trade analysts and policymakers.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
This metric is relevant for understanding Maryland's export market diversification and the health of its trade relationships.
Key Facts
- Maryland exported $13.3 million worth of goods to Albania in 2021.
- The number of identified Maryland exporters to Albania has grown by 25% since 2015.
- Top Maryland exports to Albania include machinery, chemicals, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of businesses located in the U.S. state of Maryland that have been identified as exporting goods to Albania.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade relationship between Maryland and Albania, which can inform economic policy, market analysis, and business strategy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts can use this metric to monitor the health of Maryland's export markets and inform decisions around international trade agreements and export promotion programs.
Q: Are there update delays or limitations?
A: The data may have a 1-2 quarter delay in reporting, and only captures formally identified exporters, which may not represent the full universe of trade activity.
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Value of Exports to Albania from Iowa
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Albania from Maryland (MDALBA475SCEN), retrieved from FRED.