Number of Identified Exporters to Benin from Maryland
MDBENA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
216.00
Year-over-Year Change
1442.86%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Benin from Maryland' measures the count of Maryland businesses that export goods to the West African nation of Benin. This trend provides insight into trade dynamics between the U.S. state and the foreign market.
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 economic indicator tracks the number of unique exporting companies based in Maryland that sell products to Benin. The data can be used to analyze export activity, market access, and trade relationships between the two regions.
Methodology
The data is collected through surveys and administrative records on U.S. export transactions.
Historical Context
Policymakers and trade analysts monitor this metric to understand the competitive landscape and growth potential in U.S.-Benin commercial ties.
Key Facts
- Maryland exported $X.X million in goods to Benin in the latest year.
- The number of identified Maryland exporters to Benin has grown by Y% over the past decade.
- Benin ranks Zth among Maryland's top export destinations.
FAQs
Q: What does this economic trend measure?
A: The 'Number of Identified Exporters to Benin from Maryland' metric tracks the count of unique Maryland-based companies that export products to the West African nation of Benin.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the trade dynamics and market access between Maryland and Benin, which is useful for policymakers, businesses, and economic analysts studying U.S. state-level export activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records on U.S. export transactions.
Q: How is this trend used in economic policy?
A: Governments, trade associations, and analysts monitor this metric to understand the competitive landscape and growth potential in U.S.-Benin commercial ties, which can inform trade policy and market development strategies.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the metric only captures identified exporters rather than the full universe of trade flows.
Related Trends
Geographical Outreach: Key Indicators, Mobile Banking, Active Agent Outlets Per 1000 Km2 for Benin
BENFCMOAKNUM
Gross Portfolio Equity Assets to GDP for Benin
DDDM09BJA156NWDB
Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for Benin
BENFCAANUM
Private Credit by Deposit Money Banks to GDP for Benin
DDDI01BJA156NWDB
Use of Financial Services: Number of Depositors which are Small and Medium Enterprises Non-deposit Taking Microfinance Institutions (MFIs) for Benin
BENFCDOFMFNSPENUM
Number of Identified Exporters to Benin from Maine
MEBENA475SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Benin from Maryland (MDBENA475SCEN), retrieved from FRED.