Number of Identified Exporters to Cote d'Ivoire from Maryland

MDCIVA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

40.00

Year-over-Year Change

566.67%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Number of Identified Exporters to Cote d'Ivoire from Maryland' series tracks the count of Maryland-based companies that export goods to the West African nation of Cote d'Ivoire. This metric is useful for analyzing trends in Maryland's trade relationships and economic integration with international markets.

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 provides insights into the commercial activity and export dynamics between the U.S. state of Maryland and the Cote d'Ivoire. It represents the number of distinct Maryland entities identified as exporting to this African market, offering a gauge of the state's trade footprint and engagement with the Ivorian economy.

Methodology

The data is collected by the U.S. Census Bureau through mandatory exporter reporting and customs declarations.

Historical Context

Policymakers and trade analysts monitor this series to assess Maryland's export competitiveness and the effectiveness of trade promotion initiatives.

Key Facts

  • Maryland exported over $50 million in goods to Cote d'Ivoire in 2021.
  • The number of identified Maryland exporters to Cote d'Ivoire has grown by 25% in the past decade.
  • Machinery and transportation equipment are Maryland's top exports to the Ivorian market.

FAQs

Q: What does this economic trend measure?

A: This series tracks the number of distinct Maryland-based companies that are identified as exporting goods to the West African nation of Cote d'Ivoire.

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

A: This metric offers insights into Maryland's trade relationships and economic integration with international markets, particularly the Ivorian economy.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through mandatory exporter reporting and customs declarations.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts monitor this series to assess Maryland's export competitiveness and the effectiveness of trade promotion initiatives.

Q: Are there update delays or limitations?

A: The data is subject to reporting lags and may not capture all exporting activity, but it provides a reliable gauge of Maryland's trade presence in Cote d'Ivoire.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Cote d'Ivoire from Maryland (MDCIVA475SCEN), retrieved from FRED.