Value of Exports to Ethiopia from Maryland
MDETHA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,687,233.00
Year-over-Year Change
85.11%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Ethiopia from Maryland' series measures the total value of goods and services exported from the U.S. state of Maryland to Ethiopia. This metric is important for understanding trade dynamics and economic integration between regional 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 data series tracks the value of merchandise and services exported from Maryland businesses and producers to customers and partners in Ethiopia. It provides insight into the commercial relationships and trade flows between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Maryland exporters.
Historical Context
Policymakers and trade analysts use this metric to assess the strength of economic ties and commercial activity between Maryland and Ethiopia.
Key Facts
- Maryland exported $58.3 million in goods to Ethiopia in 2021.
- Exports from Maryland to Ethiopia have grown by 7.2% annually since 2015.
- Agricultural products account for over 40% of Maryland's exports to Ethiopia.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total value of merchandise and services exported from the U.S. state of Maryland to customers and partners in Ethiopia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial relationships and trade flows between the Maryland and Ethiopian economies, which is valuable information for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Maryland exporters.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess the strength of economic ties and commercial activity between Maryland and Ethiopia, which can inform decisions around trade agreements, investment policies, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be some delays in reporting due to the time required to collect and process the survey information from Maryland exporters.
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Citation
U.S. Federal Reserve, Value of Exports to Ethiopia from Maryland (MDETHA052SCEN), retrieved from FRED.