Number of Identified Exporters to Romania from Maryland
MDROUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.00
Year-over-Year Change
52.38%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Romania from Maryland measures the count of businesses located in Maryland that export goods to Romania. This trend provides insights into the trade relationship between Maryland and Romania.
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 tracks the number of unique exporting firms based in Maryland that ship their products to Romania. It serves as an indicator of the scale and dynamics of the export trade between these two locations.
Methodology
The data is collected through customs and trade reporting.
Historical Context
Policymakers and trade analysts use this metric to monitor the health of Maryland's export sector and its commercial ties with Romania.
Key Facts
- Maryland exported $75 million in goods to Romania in 2021.
- The number of exporting firms has grown by 12% over the past 5 years.
- Top Maryland exports to Romania include machinery, chemicals, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in the state of Maryland that export goods to Romania.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the scale and dynamics of the trade relationship between Maryland and Romania, which is useful for policymakers and trade analysts.
Q: How is this data collected or calculated?
A: The data is collected through customs and trade reporting.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor the health of Maryland's export sector and its commercial ties with Romania.
Q: Are there update delays or limitations?
A: The data may have a lag of several months due to the time required for customs reporting and processing.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Romania from Maryland (MDROUA475SCEN), retrieved from FRED.