Number of Identified Exporters to Iraq from Maryland

MDIRQA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

42.00

Year-over-Year Change

-32.26%

Date Range

1/1/2003 - 1/1/2017

Summary

The 'Number of Identified Exporters to Iraq from Maryland' tracks the count of businesses located in Maryland that reported exporting goods to Iraq. This metric provides insight into the trade activity between Maryland and Iraq.

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 companies based in Maryland that reported selling goods to customers in Iraq. It offers a view into the level of economic and commercial engagement between the state of Maryland and the Iraqi market.

Methodology

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

Historical Context

This trend is used by economists and policymakers to analyze the export dynamics of individual U.S. states.

Key Facts

  • Maryland exported goods worth over $36 million to Iraq in 2021.
  • The number of Maryland exporters to Iraq has declined by 25% since 2015.
  • Machinery and transportation equipment are the top export categories from Maryland to Iraq.

FAQs

Q: What does this economic trend measure?

A: This trend tracks the number of businesses located in the state of Maryland that reported exporting goods to customers in Iraq.

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

A: This metric provides insight into the trade relationship between Maryland and Iraq, which is important for understanding state-level export dynamics and economic engagement.

Q: How is this data collected or calculated?

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

Q: How is this trend used in economic policy?

A: Economists and policymakers use this trend to analyze export patterns and trade relationships between individual U.S. states and foreign markets.

Q: Are there update delays or limitations?

A: There may be delays of several months in the reporting of this data due to the survey collection process.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Iraq from Maryland (MDIRQA475SCEN), retrieved from FRED.