Number of Identified Exporters to Ethiopia from Maryland
MDETHA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.00
Year-over-Year Change
5.56%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Ethiopia from Maryland' trend tracks the count of businesses located in Maryland that export goods to Ethiopia. This metric provides insight into trade activity and commercial relationships between the two regions.
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 measures the number of unique exporting entities based in the state of Maryland that ship products to Ethiopia. It offers a proxy for the scale and diversity of trade connections between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
Policymakers and economists analyze this trend to understand the flow of goods and services between Maryland and Ethiopia.
Key Facts
- Maryland exported $56 million in goods to Ethiopia in 2021.
- The number of identified exporters from Maryland to Ethiopia has grown by 15% since 2015.
- Top Maryland exports to Ethiopia include machinery, vehicles, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the count of businesses located in the U.S. state of Maryland that export goods to Ethiopia. It provides insight into the scale and diversity of trade connections between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for policymakers, economists, and businesses to understand patterns and changes in the flow of goods and services between Maryland and Ethiopia. It offers a proxy for the commercial relationship and trade activity between the two economies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this trend to monitor the strength of trade ties between Maryland and Ethiopia, which can inform decisions around economic development, trade agreements, and export promotion initiatives.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so the most recent figures may not fully reflect the current trade environment. Additionally, the metric only captures identified exporters and may not account for all businesses shipping goods between the two regions.
Related Trends
Number of Identified Exporters to Ethiopia from Wisconsin
WIETHA475SCEN
Value of Exports to Ethiopia from Oregon
ORETHA052SCEN
Number of Identified Exporters to Ethiopia from Delaware
DEETHA475SCEN
Use of Financial Services: Key Indicators, Outstanding Deposits with Commercial Banks for Ethiopia
ETHFCLODCGGDPPT
Number of Identified Exporters to Ethiopia from Massachusetts
MAETHA475SCEN
Value of Exports to Ethiopia from Indiana
INETHA052SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Ethiopia from Maryland (MDETHA475SCEN), retrieved from FRED.