Value of Exports to Burundi from Maryland

MDBDIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

140,543.00

Year-over-Year Change

249.17%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Value of Exports to Burundi from Maryland' series measures the total dollar value of goods and services exported from the state of Maryland to the country of Burundi. This data provides insights into Maryland's trade relationship with Burundi and is of interest to economists and policymakers analyzing regional trade patterns.

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 data series tracks the value of all physical goods and services exported from Maryland to Burundi. It is a key metric for understanding Maryland's export economy and its economic ties with the East African nation of Burundi. The data is used by trade analysts, economists, and government agencies to monitor cross-border commerce.

Methodology

The data is collected and reported by the U.S. Census Bureau based on surveys of Maryland exporters.

Historical Context

This export data is relevant for informing trade, economic, and foreign policy decisions by state and federal authorities.

Key Facts

  • Maryland exported $2.3 million in goods to Burundi in 2021.
  • Exports to Burundi account for less than 0.1% of Maryland's total exports.
  • Machinery and agricultural products are Maryland's top exports to Burundi.

FAQs

Q: What does this economic trend measure?

A: This series measures the total dollar value of goods and services exported from the state of Maryland to the country of Burundi.

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

A: This data provides insights into Maryland's trade relationship with Burundi and is used by economists, policymakers, and trade analysts to monitor regional export patterns.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Census Bureau based on surveys of Maryland exporters.

Q: How is this trend used in economic policy?

A: This export data is relevant for informing trade, economic, and foreign policy decisions by state and federal authorities.

Q: Are there update delays or limitations?

A: The data is published monthly with a 3-month lag, so the most recent figures may not reflect the current trade environment.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Burundi from Maryland (MDBDIA052SCEN), retrieved from FRED.